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From page 78... ... 78 APPENDIX B -- STRUCTURE AND FUNDING OF THE CANADA LINE IN VANCOUVER A Canadian PPP is of interest because of its multiple sponsors, organization, approach to project delivery, sources of private equity and debt financing, and success. The Canada Line, previously known as the Richmond-Airport-Vancouver (RAV) Read the entire page →
From page 79... ... 79 "payments based on availability, quality of service and achievement of ridership forecasts,"885 and the line returns to the public sector at the conclusion of the concession period.886 InTransit BC also entered into a design and construction contract with SNC-Lavalin, Inc.887 After completion in August 2009, CLCO's responsibility for management of the concession agreement was assigned to TransLink. Of the $2.05 billion needed to fund the project, there were $1.33 billion in public contributions and $720 million of private funding or about 35.12 percent.888 In regard to the private financing, there were two components: equity and debt. Read the entire page →

From page 78...

... 78 APPENDIX B -- STRUCTURE AND FUNDING OF THE CANADA LINE IN VANCOUVER A Canadian PPP is of interest because of its multiple sponsors, organization, approach to project delivery, sources of private equity and debt financing, and success. The Canada Line, previously known as the Richmond-Airport-Vancouver (RAV)

Read the entire page →

From page 79...

... 79 "payments based on availability, quality of service and achievement of ridership forecasts,"885 and the line returns to the public sector at the conclusion of the concession period.886 InTransit BC also entered into a design and construction contract with SNC-Lavalin, Inc.887 After completion in August 2009, CLCO's responsibility for management of the concession agreement was assigned to TransLink. Of the $2.05 billion needed to fund the project, there were $1.33 billion in public contributions and $720 million of private funding or about 35.12 percent.888 In regard to the private financing, there were two components: equity and debt.

Read the entire page →

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