Three shortlisted consortia have submitted final bids for the Regina Bypass P3 project in the Canadian province of Saskatchewan on May 1, 2015.
Commissioned by SaskBuilds Corporation and Saskatchewan Ministry of Highways and Infrastructure, the bypass will be the largest transportation infrastructure project in Saskatchewan’s history.
The Project consists of a free flow highway corridor which includes approximately 58km of 4-lane highway, service roads, interchanges and intersections.
The road will begin on Highway 11 northwest of Regina and run south to Highway 1, then wrap about 5km south of the city to rejoin Highway 1 on the east. The project also includes overpasses at the Pilot Butte Access Road, Highway 48 at White City and Highway 46 at Balgonie.
The bypass will take approximately three and a half years to build with priority components opening in advance of the full bypass completion. Construction is expected to begin in summer 2015 and the bypass is planned to be open to traffic by fall 2018.
Operis was pleased to undertake a full model audit of the financial model for one of the bidders, including a review of the model’s tax and accounting.