Integrated Team Solutions PCH Partnership (ITS PCH) entered into a project agreement with Providence Care Hospital (PCH) to design, build, finance, and maintain a new 270-bed, 619,110-sq.-ft. mental health hospital on a 30-acre greenfield site adjacent to one of PCH's facilities in Kingston, Ont. In turn, ITS PCH entered into back-to-back contracts with EllisDon Design Build Inc for construction and Johnson Controls Canada L.P. for facilities management (FM) and lifecycle services during operations. The project commenced operations in December 2016. The project receives a monthly payment that includes three components: a fixed capital payment, an indexed operations and maintenance (O&M) payment, and an indexed lifecycle payment. The monthly payments are subject to performance deductions or energy painshare penalties, which will
