Summary: Chinook Roads Partnership - S&P Global Ratings’ Credit Research

Summary: Chinook Roads Partnership

Summary: Chinook Roads Partnership - S&P Global Ratings’ Credit Research
Summary: Chinook Roads Partnership
Published Jan 05, 2015
Published Jan 05, 2015
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Abstract:

Chinook Roads Partnership (ProjectCo) was selected to design, build, maintain, and operate the Southeast Stoney Trail in Calgary, Alta. The new infrastructure consists of 25 kilometers of a six-lane divided freeway, plus additional basic and auxiliary lanes, and includes nine interchanges, three flyovers, and additional pregrading for future interchanges. The highway opened Nov. 21, 2013, with the help of a waiver letter dated Nov. 20. Inclement weather during construction and the Calgary floods in June 2013 caused a 51-day delay to the overall construction schedule. Because of the delay, the design-build joint venture (DBJV) incurred liquidated damages (LDs) of about C$2.3 million. ProjectCo rectified deficiencies related to pavement smoothness by the deadline date of July 31, 2014. Project construction was

  
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Summary

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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Chinook Roads Partnership" Jan 05, 2015. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Chinook-Roads-Partnership-1378039>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Chinook Roads Partnership Jan 05, 2015. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Chinook-Roads-Partnership-1378039>
  
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