Northeast Anthony Henday (NE Henday)
Location: Edmonton
Status: In Operation
Value of Partnership: $1.81 billion
Type of P3: DBFOM
Handback: 2046
The Edmonton Ring Road, known as Anthony Henday Drive or Highway 216, was procured and delivered in four phases, starting from 1990 in the southwest quadrant until the full completion of the Ring Road in October 2016.
Construction started after almost 30 years of planning and land accumulation for a transportation and utility corridor by the Alberta government and City of Edmonton. The now completed 80-kilometre Ring Road is a vital link in the north-south transportation corridor of the province, providing market access and quality of life for Albertans in the Edmonton metropolitan region.
In the early 2000s, the province assessed the use of a public-private partnership (P3) model for the last three phases of the Ring Road after the province’s capital plan required alternative financing options be investigated.
The Northeast quadrant from Highway 14 to Highway 15 (21.5 kilometres) was built from 2012 to 2016. It was the final segment of the ring road in Edmonton.
The Government of Alberta signed the $1.81-billion P3 contract, with a 34.5-year term in May 2012, with Capital City Link General Partnership for the design, construction, partial financing, operation and maintenance of this section of the ring road.
It was estimated that by using a P3 for the NE Henday, the Alberta government will save an estimated $371 million (in 2012 dollars) over 34.5 years when compared to a traditional design-bid-build procurement approach ($1.809 billion instead of $2.180 billion, a 17 per cent savings). It also delivered the project an estimated three years earlier than it could have achieved with traditional procurement methods.
Partners: Government of Alberta, via Alberta Transportation, and Capital City Link General Partnership consisting of ACS Infrastructure Canada, Meridiam Infrastructure and Hochtief PPP Solutions
