LINK 427 team awarded Ontario’s Highway 427 $616M Expansion Project

(source: Infrastructure Ontario)

With a contract value of approximately $616M, Infrastructure Ontario and the Ministry of Transportation have together announced that LINK 427 has signed a fixed-priced contract to design, build, finance and maintain the Highway 427 expansion project.

LINK 427’s team includes:

• Developer: ACS Infrastructure Canada Inc. and Brennan Infrastructures Inc. (a member of the Miller Group of Companies)
• Construction: Dragados Canada Inc., Brennan Infrastructures Inc. and Bot Infrastructure Ltd.
• Design: MMM Group Ltd. and Thurber Engineering Ltd.
• Maintenance: ACS Infrastructure Canada Inc. and Brennan Infrastructures Inc.

The contract reflects payments to be made during construction, the substantial completion payment and the monthly service payments before inflation adjustments.

The Highway 427 expansion project includes:

• A new 6.6 kilometer extension from Highway 7 to Major Mackenzie Drive with
  • Eight lanes from Highway 7 to Rutherford Road
  • Six lanes from Rutherford Road to Major Mackenzie Drive, and
  • Three interchanges: Langstaff Road, Rutherford Road and Major Mackenzie Drive
  • New median High Occupancy Toll (HOT) lanes
• A 4 kilometer road widening from Finch Avenue to Highway 7
  • From six to eight lanes, Finch Avenue to south of Steeles Avenue
  • From four to eight lanes, from south of Steeles Avenue to Highway 7
  • New median High Occupancy Toll (HOT) lanes

LINK 427 will focus on design work, and construction is expected to follow in 2017 with completion occurring in 2021. Once construction is complete, LINK 427 will receive a substantial completion payment, followed by a series of monthly payments from the Province over a 30-year period. The 30-year period commences when construction is complete. These monthly payments cover routine maintenance, construction, lifecycle repair and renewal of the highway as well as project financing.