Summary: GrandLinq G.P.

The Regional Municipality of Waterloo mandated GrandLinq G.P. (ProjectCo) to design, build, finance, operate, and maintain a 19-kilometer light rail transit (LRT) route from the Conestoga Mall in the City of Waterloo to Fairview Park mall in the City of Kitchener, Ont., with 16 at-grade stops. Construction started in August 2014 and the original scheduled substantial completion target date is July 28, 2017. Peter Kiewit Infrastructure Co. and Aecon Construction and Materials Ltd. are joint and several members of the design-build joint venture (DBJV). Keolis Grand River L.P., the operating, maintenance and rehabilitation (OM&R) service provider, will provide operating services for the first 10 years of operations (but could be extended by subsequent five-year increments). The region retains major operational

...The Regional Municipality of Waterloo mandated GrandLinq G.P. (ProjectCo) to design, build, finance, operate, and maintain a 19-kilometer light rail transit (LRT) route from the Conestoga Mall in the City of Waterloo to Fairview Park mall in the City of Kitchener, Ont., with 16 at-grade stops. Construction started in August 2014 and the original scheduled substantial completion target date is July 28, 2017. Peter Kiewit Infrastructure Co. and Aecon Construction and Materials Ltd. are joint and several members of the design-build joint venture (DBJV). Keolis Grand River L.P., the operating, maintenance and rehabilitation (OM&R) service provider, will provide operating services for the first 10 years of operations (but could be extended by subsequent five-year increments). The region retains major operational risks such as ridership, derailment, grade crossing collision, and revenue protection issues, which significantly de-risks the project's operating phase. The OM&R service provider will...

Summary