TORONTO, April 24, 2014 /CNW/ - The Canadian Council for Public-Private Partnerships welcomes the news that the Thunder Bay Consolidated Courthouse is now officially open. Ontarians will benefit from the province's Alternative Finance and Procurement (AFP) model, which enables on-time and on-budget delivery while maintaining public ownership, control and accountability.
The new seven storey, 250,000 square-foot facility has space to accommodate 15 courtrooms and includes Ontario's first Aboriginal Conference Settlement Suite. The 30-year design-build-finance-maintain contract with Plenary Justice will ensure that the facility is well-maintained, with the flexibility to offer much-needed court services to the Thunder Bay area for decades to come. Cost savings under the AFP model are estimated to be $23.5 million (6.8%) compared to conventional delivery. The project had more than 200 workers contributing to the project during construction, most of whom were local.
There are 207 projects across Canada like this one using the public-private partnership approach to deliver innovative solutions to complex public needs.
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
For further information: For more information about CCPPP: Mark Romoff, President and CEO, CCPPP, 416-861-0500, firstname.lastname@example.org, @markromoff; For Media Enquiries: Chris Allicock, 416-694-3131 (w) / 416-319-8003 (c), email@example.com, @pppcouncil