Procurement & Funding

Project Funding

 

On Saturday, March 11, 2017, Jonathan Wilkinson, Member of Parliament for North Vancouver, on behalf of the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities; the Honourable Peter Fassbender, Minister of Community, Sport and Cultural Development; joined by Greg Moore, Chair of the Metro Vancouver Board of Directors, announced joint funding of up to $405 million toward the construction of the North Shore Wastewater Treatment Plant. The new facility, estimated to cost approximately $700 million, will be relocated from the Squamish Nation Reserve to a new Metro Vancouver-owned site in the District of North Vancouver.
 
This treatment system will employ best practices for wastewater treatment and resource recovery and reduce the plant’s carbon footprint. Water will be conserved and reclaimed within the plant, and rainwater harvested outside the plant for reuse. Both indoor and outdoor spaces will be created to support various types of community activities such as education programs, outreach activities and public meetings.

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Media Release

Completed Feasibility Study: Lions Gate Wastewater Treatment Plant - Funding Provided By Government of Canada and FCM Green Municipal Fund

Procurement for Design & Construction

In 2013, Metro Vancouver commissioned KPMG to undertake a procurement options analysis that included a Value for Money Analysis. Based on the assumptions provided, the results of the financial modelling showed that the Design-Build-Finance model provided the highest value for money over the other procurement models.

The Province of British Columbia subsequently retained Partnerships BC to carry out an independent review of the KPMG Value for Money Assessment. They determined that the 10% finance component held as performance security over the extended warranty period should instead be provided by performance security for the project through private sector financing for construction (30-35%).

Partnerships BC and Metro Vancouver agreed to a Design-Build-Finance procurement approach, with the design/builder contractor providing up to 35% short-term construction period financing.

In 2015, Metro Vancouver requested qualifications from potential Design-Build-Finance teams. In 2016, the three most qualified teams were invited to submit proposals that meet the project specifications.

In April 2017, Metro Vancouver awarded the Design-Build-Finance contract for the new plant to ADAPT Consortium, whose proposal best met project specifications and provided the best value.