AlvinofDiaspar
Moderator
That's the J wing - the only part of the existing hospital that will remain after the redevelopment.
AoD
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There was 2 bidders with EllisDon being the winner. Due to Bonding issues, PCL came in as a joint venture to deal with the bonding issue. EllisDon has replaced PCL as the largest contractor in Canada that now has deep pockets to handle all the P3 contracts they have at this time. You see their name all over the place these days.Missed this post earlier.
The largest part of the issue here can be summed up in two words: One Bidder.
That should automatically halt any tendering process, almost always, and certainly on a project of this scale, that the province went forward with a single bidder is just inexcusable.
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The rest is the usual issue with P3s in general (financing costs in particular) but also, the added complexity from bundling building maintenance (its adding the finance, and maintenance requirements that eliminate most bidders, thereby inflating costs).
Ontario needs to spike this building model entirely, forthwith.
$4 billion over budget is legit insane. For a single hospital, $16 billion. That's just crazy.
Photos have been posted on my BlueSky account for those interested.Flew over the garage today and man that thing is almost gone. Photos to follow in about a week or so once I clear the existing backlog of shots.
There was 2 bidders with EllisDon being the winner. Due to Bonding issues, PCL came in as a joint venture to deal with the bonding issue. EllisDon has replaced PCL as the largest contractor in Canada that now has deep pockets to handle all the P3 contracts they have at this time. You see their name all over the place these days.
EllisDon is doing at least 4 hospital at this time
As of January 13, haft of the parking structure is down that saw work take place on it on January 2nd. Photos to follow
P3 has become a real problem today as it leaves a lot of contractors on the sideline that don't have deep pockets to cover the 30 year contracts.
I have no idea if the bid was joint or not since I never follow the bidding process other than what I was told.Wasn't it a joint-venture the whole time? Alongside Ottawa Civic. The issue with these large projects is that the main headline contractor doesn't even matter, the contracts M+E are also so large that there is only 1 player for them as well. I spoke to someone close on this Project and they mentioned they had to absorb the entire drywall labour market to service the Project and basically accept any and all quotes.
The media and AG didnt even pick up that CAMH 1D (PCL) and the Queensway (ED) site were also sole-bidder and its hard not to conclude that they didnt just say we'll take 1 each rather than competing on both.
Keep in mind this project is twice the size of recent projects like Niagara or Cortelluci and economies of scale doesnt necessarily always work especially if its fixed price like these.