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 30, 2023
9 pages (3292 words) — Published Jun 30, 2023
Price US$ 500.00  |  Buy this Report Now

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Abstract:

Integrated Team Solutions SJHC Partnership (Project Co or 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-square-foot mental health facility with 168 beds in London, Ont. The three-story, 234,430-square-foot Southwest Centre for Forensic Mental Health Care (SWC) is a forensics mental health facility with 89 beds in St. Thomas, Ont. 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

  
Brief Excerpt:

...Integrated Team Solutions SJHC Partnership (Project Co or 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-square-foot mental health facility with 168 beds in London, Ont. The three-story, 234,430-square-foot Southwest Centre for Forensic Mental Health Care (SWC) is a forensics mental health facility with 89 beds in St. Thomas, Ont. 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. Effective May 13, 2022, Fengate Asset Management acquired EllisDon Corp.'s interest in Project Co....

  
Report Type:

Full Report

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Sector
Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Integrated Team Solutions SJHC Partnership" Jun 30, 2023. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Integrated-Team-Solutions-SJHC-Partnership-3015376>
  
APA:
S&P Global Ratings’ Credit Research. (). Integrated Team Solutions SJHC Partnership Jun 30, 2023. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Integrated-Team-Solutions-SJHC-Partnership-3015376>
  
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