What is the contract value of Regina Bypass?
The Regina Bypass is a 61-km, four-lane highway bypass with 12 interchanges around Regina, Saskatchewan, 37 km of it new, delivered as a design-build-finance-operate-maintain public-private partnership by Regina Bypass Partners (VINCI-led, with Parsons, Connor Clark & Lunn and Graham) for the Ministry of Highways, with financial close in July 2015 and full opening on 29 October 2019 on time and on budget. The CCPPP puts the partnership value at CAD 1.88 billion (net present value), VINCI's 2015 contract release gives about CAD 1.9 billion, and On-Site Magazine called it a CAD 1.9 billion project at completion.
Contract value
CAD 1.88 billion
Approximately $1.47 billion
Cost basis: 2015
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