Transport committee  I'm Vincent Lalonde from the City of Surrey. I think for us, similar to the comments from the honourable mayor of Edmonton, the fact that this was a long-term commitment was really good. I think in our example with Early Works projects, we're able to build things that will defi

Transport committee  For us, the fact that there was support for a multi-year plan was really critical, given the size of the infrastructure this funding will provide for. Although it is very important to have the bilateral agreements—and in some cases, as you state, it may delay it a bit in some pro

Transport committee  I think we may not be unique in this, but all cities have a heavy infrastructure demand so we typically keep on our books some designs that are shovel-ready. Certainly, when there was availability for funding, it was something we really welcomed. I think further to that, as Mr.

Transport committee  I can answer that question. The federal government was in early, so we applied for the P3 funding and we knew we had a funding commitment, but of course all the homework on the P3 process had to follow through so it was crucial and very helpful to indicate to the City of Surrey

Transport committee  Yes. I can add that the process was quite elaborate in the sense that first we determined if P3 was the right method. Then we did an international search to narrow down teams and we had over 10 responses, pretty much from Asia, Europe, North America, and Canada. Then the process

Transport committee  I think you're correct. The P3 is a really good method to shed some risks from the public sector onto the private sector, if properly accompanied by proper agreements that ensure you are actually shedding those risks. It does come at a cost. It's not like a free system either.

Transport committee  Thank you. As with all P3s, the contractual arrangements are quite complex and it's very important to fully understand them. We have engaged with a lot of partners to do this. Partnerships B.C. is a local B.C. group set up by the provincial government that had a lot of expertise

Transport committee  Thank you. It's not necessarily a final decision to procure by P3 means. We got screened in, which means we did the initial steps of determining there's enough value in the system to warrant further analysis. But it will need a full business case, which will be presented later t

Transport committee  Thank you. We have just been through the process of a P3 for our biofuel project. There's no doubt that the process is a little longer to go through, but then you can accelerate once you hit construction; you can accelerate the timeline. The front end of that process is quite el