Surrey Memorial hospital P3 project opens
Integrated Team solutions has successfully opened Canada's second-largest emergency department, Phase I of the Surrey Memorial Hospital (SMH) Expansion and Redevelopment using a Public Private Partnership model.
The consortium reached financial close on March 22nd, 2011.
The project is part of the Fraser Health Authority's expansion of the SMH campus valued at C$512 million. Site preparation and construction began in February 2011 and project completion was scheduled for the spring of 2014.
Partnerships BC managed procurement for the 30-year agreement between public sector partners Ministry of Health and Fraser Health Authority and the private sector partners, Integrated Team Solutions (ITS), which is designing, building, financing and maintaining the new, 5,350-square-metre facility. It will also include neonatal intensive care, medical/surgical units, a clinical academic campus, a rooftop helipad, a laboratory and parking.
The new emergency department offers shorter triage wait times, more timely assessment, treatment, care and discharge, more privacy and a completely separate, child-friendly pediatric ER.
Surrey Memorial Hospital is one of 78 healthcare projects currently using the public-private partnership (P3) model to deliver on-time, on-budget public infrastructure to Canadians. As a P3, this project will also achieve an estimated value for taxpayers of $31 million.