TORONTO, Feb. 13, 2014 /CNW/ - The Canadian Council for Public-Private Partnerships welcomes the news that the Surrey Pretrial Services Centre (SPSC) Expansion project is now complete. It will benefit from using British Columbia's public-private partnership (P3) design, build, finance and maintenance delivery approach under a 32.5-year contract with Brookfield Infrastructure Partnerships Surrey.
The $90-million expansion and renovation project completes the $185 million first phase of the Province's historic capital plan to expand correctional facilities and address capacity issues. The project doubled the capacity of the existing facility and makes it the largest correctional facility in B.C. The expansion includes state-of-the-art layout and security features and created 250 positions during construction as well as 130 full-time correctional jobs. The Province will continue to own the SPSC and all correctional services will be provided by BC Corrections.
This on-time, on-budget project is one of 206 P3s across Canada that are delivering innovative solutions and improved value for money to taxpayers.
About the Canadian Council for Public-Private Partnerships: Established in 1993, CCPPP is a national not-for-profit non-partisan, member-based organization with broad representation from across the public and private sectors. Its mission is to promote innovative approaches to infrastructure development and service delivery through public-private partnerships with all levels of government. The Council is a proponent of evidence-based public policy in support of P3s, facilitates the adoption of international best practices, and educates stakeholders and the community on the economic and social benefits of public-private partnerships.
SOURCE: Canadian Council for Public-Private Partnerships
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