Shield Infrastructure Group, a consortium comprising of Hochtief PPP Solutions North America and Honeywell, submitted their bid to Infrastructure Ontario for the Ontario Provincial Police Modernisation P3 (OPP) project. The bid was submitted on Thursday 25th March 2010.
The OPP project will involve the construction of new detachments, regional command centres and forensic identification units across 16 communities across Ontario. The new facilities will feature up-to-date amenities to better support the demands of modern police operations and meet the needs of the community. They will replace existing OPP facilities, many of which have exceeded their useful life. The concession is for 30 years. The ministry and Infrastructure Ontario will appoint a preferred bidder in May 2010. Financial close is expected June 2010.
On behalf of Hochtief and Shield, Operis conducted a model audit, and full tax and accounting review.
