Ontario announces Winter 2020 market update

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Infrastructure Ontario in Canada has released the Winter 2020 P3 Market Update to reflect changes in the status of various projects announced in the Fall 2019 P3 Market Update. Here are a few notable changes:

  • There are updates to four projects;
  • The Grandview Children's Treatment Centre has advanced from Planning to Pre-Procurement;
  • The Go Expansion - Union Station Upgrade is being procured under the Alliance model.

The market update includes projects in various stages (in planning, in pre-procurement and in active procurement) and sectors - transport, hospitals, bridge, correctional complex, subway and highway projects.

Two full updates are planned in spring and fall. Two minor updates, planned in winter and summer will focus primarily on scheduling adjustments to projects. IO intends to provide its next P3 Market Update in the spring of 2020, which will include new projects coming to the market.

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