public private partnerships in british columbia – concept ... pres lab nov 5 04 final.pdf ·...
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Public Private Partnerships in British Columbia –
Concept to Reality
Public Private Partnerships Public Private Partnerships in British Columbia in British Columbia ––
Concept to RealityConcept to Reality
Vancouver Board of TradeVancouver Board of TradeNovember 5, 2004November 5, 2004
What’s New?What’s New?
$3.4 billion in approved projects
Two partnership agreements concluded
New projects in several sectors in planning stages
Building Centre of Expertise
Projects OverviewProjects Overview$3.4 billion in projects
Sierra Yoyo Desan Road
Sea to Sky Highway Improvement
ProjectKicking Horse
Canyon
Britannia Mine Water Treatment
Plant
Okanagan Lake Crossing
Academic Ambulatory Care
Centre
Abbotsford Regional
Hospital & Cancer Centre
Richmond-Airport-Vancouver Rapid
Transit
Golden Ears Bridge
Completed ProjectsCompleted Projects
Sierra Yoyo Desan Road
Academic Ambulatory Care Centre
Abbotsford Regional Hospital
and Cancer Centre
Projects in Competition PhaseProjects in Competition Phase
Kicking Horse Canyon
- RFP issued Oct/04
Golden Ears Bridge
- RFQ issued Oct/04
Britannia Mine
- Preferred Proponent Nov/04
RAV
- Preferred Proponent Nov/04
Okanagan Lake Crossing
- RFP closes Dec/04
Sea to Sky Highway Improvement
- RFP closes Jan/05
ConstructionConstruction TimelinesTimelines2004 2005 20082006 2007 2009 2010
Abbotsford Hospital & Cancer Centre
Academic Ambulatory Care
Britannia Mine
Golden Ears Bridge
Kicking Horse Canyon – Phase 2
Okanagan Lake Crossing
RAV Rapid Transit Line
Sea-to-Sky Highway Improvement
Sierra Yoyo Desan Road
Partnerships Under DevelopmentPartnerships Under Development
TransportationTransportation• Gateway• Yukon Bridge
EducationEducation• Royal Roads University• University College of the Fraser Valley
HealthHealth• Acute Care• Primary Access• Residential Care
RecreationRecreation• Northern Sports Centre
The Centre of Expertise….ObjectivesThe Centre of Expertise….Objectives
Window on British Columbia
Develop partnership market
Consolidate experience• Standardized business case planning
• Best Practices in transactions
Reduce transaction costs
Service ModelService Model
Client Partnering
CLIENT NEED
SATISFIED CLIENT
Business Planning
Government Approvals
PBCBoard
Competitive Selection
Service Integration
Negotiation Value for Money Disclosure
Role of Board of DirectorsRole of Board of Directors
Governance of Partnerships BC
Validate business plans and Best Practices
Make recommendations to the Province on policy and practices
Advocate the Partnerships BC initiative
PBCPBC Board of DirectorsBoard of Directors
Rick Mahler Board ChairRick Mahler
Board ChairCarol Stephenson
Richard Ivey SchoolCarol Stephenson
Richard Ivey School
Jim DinningTransAlta Corp.Jim DinningTransAlta Corp.
Charles JagoUNBC
Charles JagoUNBC
Harold CallaSquamish Nation
Harold CallaSquamish Nation
Barry LapointeKelowna FlightcraftBarry LapointeKelowna Flightcraft
Doug MackayDoug MackayCelia CourcheneCelia Courchene
Larry BlainPartnerships BC
Larry BlainPartnerships BC
Ellen MorfittWindsor Management
Ellen MorfittWindsor Management
Building Best PracticesBuilding Best Practices
Royal Roads
Yukon Bridge
Golden Ears
Kicking Horse
Britannia
SYD Road
Sea to Sky
OLC
Golden Ears
SYD Road
Yukon Bridge
Kicking Horse
OLC
Sea to SkyAHCC AACC
AACC
AHCC
Britannia
PLANNING COMPETITIVE SELECTION
DISCLOSURE
Royal Roads
Health
Royal Roads
Yukon Bridge
Golden Ears
Kicking Horse
Britannia
SYD Road
Sea to Sky
OLC
Golden Ears
SYD Road
Yukon Bridge
Kicking Horse
OLC
Sea to SkyAHCC AACC
AACC
AHCC
Britannia
PLANNING COMPETITIVE SELECTION
DISCLOSURE
Royal Roads
Health
Local and International InterestLocal and International Interest
Nearly 500 companies have registered interest in our projects
Nearly 200 companies have joined consortia
We rely on local advisors
Commitment to DisclosureCommitment to Disclosure
Mandate to serve public interest
New standard for government disclosure
In negotiation – limited disclosure
Post negotiation – maximum disclosure• Rationale for approach• Value for Money assessment• Fair, transparent, competitive process• Release of final documentation• Identify Best Practices
Our Shareholder’s Objectives……Our Shareholder’s Objectives……
Help meet BC’s infrastructure needsStructure and implement partnerships for major capital projectsAchieve Value for Money for taxpayersServe public interest and ensure fair processesBecome commercially viable
Towards These Objectives……Towards These Objectives……
Two projects completed
Launched $3.4 billion in new projects
Achieved Value for Money
New projects on the horizon
Focus on lowering procurement costs
Focus on building the market
Market FeedbackMarket Feedback
Meet competition milestones
Maintain flow of projects
Expand in new sectors
Provide expertise and standardization
Lower pursuit costs
How You Can HelpHow You Can Help
Market the BC program locally and internationally
Validate publicly
Hire local firms, if qualified
Locate resources in BC
Give us feedback
www.partnershipsbc.cawww.partnershipsbc.ca