P3 Procurement – Gordie Howe Bridge Project

The Gordie Howe International Bridge Project was named outstanding emerging project by the National Council for Public-Private Partnerships (NCPPP). This award program recognizes unique innovations in Public-Private Partnerships (P3) and efficient and cost saving P3 projects. The bridge project is described by NCPPP as a project that is anticipated to set the standard for future P3 projects and one that exhibits extraordinary innovation and creativity in the form of concept, approach or use of technology.

A P3 is a long-term performance-based approach to procuring public infrastructure where the private sector assumes a major share of the risks in terms of financing and construction and ensuring effective performance of the infrastructure, from design and planning, to long-term maintenance. Read more here …