Rail

Ottawa taps consortium for light rail project

Posted on December 5, 2012

Mayor Jim Watson, together with Premier Dalton McGuinty and Royal Galipeau, Member of Parliament for Ottawa—Orléans, were on hand for the announcement that City of Ottawa staff will be recommending to council that the international consortium known as the Rideau Transit Group be awarded the contract to design, build, finance and maintain the Ottawa Light Rail Transit (OLRT) project, which includes the building and financing of the Highway 417 widening project.

“Today is an exciting milestone for this important project,” said Premier McGuinty. “It will create jobs, help the environment by taking cars off the road and contribute to a better quality of life for the people of Ottawa.”

Rideau Transit Group’s proposal outlines a construction schedule that will see project construction substantially complete by the end of 2017 and in service by 2018. Moreover, the Rideau Transit Group has agreed to a fixed price contract of $2.1 billion, meaning the City and Ottawa taxpayers will not be financially responsible for cost overruns related to construction.

Funding for the Confederation Line is being provided by the Government of Canada, the Government of Ontario and the City of Ottawa. The Government of Canada is contributing $600 million through the Building Canada Fund. The City will also allocate up to $192 million of its federal Gas Tax Fund transfers to this project. The Government of Ontario is contributing $600 million.

In addition, the City will allocate $287 million of Provincial Gas Tax receipts to the capital infrastructure. The remaining project budget funds will come from development charge revenues and transit reserves.

The staff recommendation will be reviewed by the Committee of the Whole on December 12 and then by Council on December 19.

View comments or post a comment on this story. (0 Comments)

More News

Quicken Loans buys M-1 Rail naming rights

Detroit-based Quicken is owned by Dan Gilbert, who has been the $137 million streetcar project's co-chairman (with Roger Penske) nearly since its 2008 inception.

Apple to introduce transit maps to iOS9

The directions would offer the ability to plan trips, getting estimated travel times for bus, train and subway transit methods.

NJ TRANSIT refutes report that its trains break speed regulations

CBS went to Secaucus Junction, a major rail hub, and the South Orange station armed with a speedometer app and a radar gun to clock trains as they passed through the stations, with a couple of trains traveling in excess of the 60 mph recommended for trains passing through stations.

San Francisco completes Central Subway tunnel portal entrance

The identical twin TBMs weighed-in at 750 tons each and were affectionately named Mom Chung — for Dr. Margaret “Mom” Chung, the nation’s first Chinese-American physician — and Big Alma — for San Francisco philanthropist and socialist “Big Alma” de Bretteville Spreckles.

House passes short-term extension of MAP-21

The Highway and Transportation Funding Act of 2015, sponsored by House Transportation and Infrastructure Chairman Bill Shuster (R-PA) and House Ways and Means Chairman Paul Ryan (R-WI), passed by a vote of 387 – 35 – 1.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close