Integrated Team Solutions SJHC Partnership - S&P Global Ratings’ Credit Research

Integrated Team Solutions SJHC Partnership

Integrated Team Solutions SJHC Partnership - S&P Global Ratings’ Credit Research
Integrated Team Solutions SJHC Partnership
Published Jun 01, 2021
9 pages (3204 words) — Published Jun 01, 2021
Price US$ 500.00  |  Buy this Report Now

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Abstract:

Integrated Team Solutions SJHC Partnership (ITS SJHC) entered into an availability-based project agreement (PA) with St. Joseph's Health Care London (SJHC) to design, build, finance, and maintain two hospitals in Ontario to serve patients with severe and persistent mental illness. Parkwood Institute (PIMH) is a four-story 454,025 sq. ft. mental health facility in London with 168 beds. The three-story 234,430 sq. ft. Southwest Centre for Forensic Mental Health Care (SWC) is a forensics mental health facility in St. Thomas with 89 beds. SWC began operations in April 2013, followed by PIMH in October 2014. The project's operating period will last for 30 years until April 2043. ITS SJHC has fully passed down its hard facility management (FM) and lifecycle responsibilities

  
Brief Excerpt:

...Integrated Team Solutions SJHC Partnership (ITS SJHC) entered into an availability-based project agreement (PA) with St. Joseph's Health Care London (SJHC) to design, build, finance, and maintain two hospitals in Ontario to serve patients with severe and persistent mental illness. Parkwood Institute (PIMH) is a four-story 454,025 sq. ft. mental health facility in London with 168 beds. The three-story 234,430 sq. ft. Southwest Centre for Forensic Mental Health Care (SWC) is a forensics mental health facility in St. Thomas with 89 beds. SWC began operations in April 2013, followed by PIMH in October 2014. The project's operating period will last for 30 years until April 2043. ITS SJHC has fully passed down its hard facility management (FM) and lifecycle responsibilities to Honeywell Ltd. for its entire operating period under a fixed-price FM service agreement. Fengate Capital Management (75%) and EllisDon Capital (25%) own ITS SJHC....

  
Report Type:

Full Report

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Sector
Global Issuers
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Integrated Team Solutions SJHC Partnership" Jun 01, 2021. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Integrated-Team-Solutions-SJHC-Partnership-2658249>
  
APA:
S&P Global Ratings’ Credit Research. (). Integrated Team Solutions SJHC Partnership Jun 01, 2021. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Integrated-Team-Solutions-SJHC-Partnership-2658249>
  
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