Share on LinkedInShare on LinkedIn

ARTICLE · 28 JUNE 2024

Alberta Infrastructure: A Positive Outlook For P3s In Alberta

Borden Ladner Gervais LLP
Borden Ladner Gervais LLP
Contributor
Borden Ladner Gervais LLP

Borden Ladner Gervais LLP

With over 750 lawyers, intellectual property agents and other professionals, BLG services...

View firm profile
Explore more from Borden Ladner Gervais LLP

Alberta's Minister of Infrastructure, Pete Guthrie, recently provided insights into the future direction of Alberta's infrastructure market.

CanadaGovernment, Public Sector

Alberta's Minister of Infrastructure, Pete Guthrie, recently provided insights into the future direction of Alberta's infrastructure market. In addition to a discussion surrounding the 2024 budget allocation, Minister Guthrie expressed strong confidence in the Public-Private Partnership (P3) model, highlighting the recent launch of additional P3 procurements at a webinar on April 25, 2024 hosted by the Canadian Counsel on Public Private Partnerships.

The P3 model is a collaborative arrangement between government entities and private sector companies, whereby the private sector traditionally assumes a major share of the risks. This model aims to leverage the expertise of the private sector to deliver large scale public infrastructure projects more effectively and cost-efficiently than traditional public procurement methods. Stated benefits often include accelerated project timelines, innovation and better value for money. The Project Delivery methods under this

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from