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Infrastructure Ontario and Metrolinx have issued a request for qualifications (RFQ) for the Finch West Light Rail Transit PPP project in Toronto, Canada.
The preferred bidder will have to design, build, finance and maintain the new rail infrastructure during the concession period.
The new LRT, located along Finch Avenue West in the city's northwest end, will be integrated with the city's existing transit system. Specifically, the project includes:
The total project investment is estimated at CAD$1 billion (US$756.7 million), and is funded as part of the $8.4 billion commitment by the Province of Ontario to transit expansion in Toronto.
Interested parties must submit their qualification documents on or before 4 November 2015.
Steven Del Duca, Ontario Minister of Transportation, stated:
"This is an exciting milestone for the Finch West LRT project. This new LRT line will help offer more efficient and convenient travel options for priority neighbourhoods and will play an important role in improving and connecting transit services across the city and surrounding areas. The Finch West LRT is further proof of our government's commitment to making the daily commute and quality of life better for Ontario families."
Bruce McCuaig, President and CEO of Metrolinx, commented:
"The Finch West LRT is another important part of the region's integrated transit network and is identified in Metrolinx's regional transportation plan. As an extension of the existing TTC network, and with connections to GO Transit bus services and existing Mississauga and Brampton transit, the Finch West LRT line will bring fast, reliable and convenient service to the communities that need it most."
This project, which is being delivered using Infrastructure Ontario's Alternative Financing and Procurement model, is part of the Moving Ontario Forward plan, which commits CAD$31.5 billion over 10 years for investment in priority infrastructure projects across the province, including about CAD$16 billion for priority rapid transit projects in the Greater Toronto and Hamilton Area, and about CAD$15 billion for investment in transportation and other priority infrastructure projects across the rest of the province.