Innovating the Infrastructure Ontario P3 Model
posted on
Apr 26, 2019 03:33PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
When you read below, keep in mind that Ehren Cory is not only president of infrastructure Ontario, but is also a director for the Ring of Fire Dev. corp.
https://www.infrastructureontario.ca/Innovating-the-Infrastructure-Ontario-P3-Model/
Infrastructure Ontario (IO) is improving upon its project delivery approach to increase competition and innovation on Ontario's major infrastructure projects.
IO's President and CEO Ehren Cory and Executive Vice President of Procurement and Program Management, David Ho, updated the industry today on what IO is doing to improve procurement processes for major projects.
These changes follow on recent announcements by Ontario Minister of Infrastructure Monte McNaughton to make Ontario's public infrastructure projects more open to international competition.
The changes are the result of industry outreach by both the Minister's Office and IO. IO's industry consultations specifically sought out insights on driving innovation and enhancing the P3 model. As an international leader in public private partnerships, IO believes it is critical to continue the evolution of the model to meet today's realities. These changes are being made to create a more competitive market and ensure that Ontario remains a destination for the global infrastructure community.
Improvements include:
These changes also mark a new approach to engagement with industry by IO and the Ministry of Infrastructure. IO and the Ministry (through the Minister's Market Sounding Initiative) will continue to engage in consultations on specific topics or areas of work. More direct and specific discussions will produce even more meaningful improvements that incorporate both IO's experience and that of its industry partners. Reporting back to industry on the results of these engagements will also drive accountability as a government agency and confidence in the value of our consultations.
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fair weight to international experience, encourage international investment?
Makes me think back to this article