The contract consists of a five-year design-and-build phase, followed by operation and maintenance lasting 30 years. Construction will start later this year and commissioning is scheduled for late 2020.
TransEd Partners includes Bechtel which is responsible for the design and construction of the project, helped secure the financing, and will assist with operations and maintenance. Bombardier will supply a fleet of 40.6m-long low-floor Flexity LRVs, signalling, communications, power supply, catenary, and related depot equipment, and its share of the deal is worth $C 391m. EllisDon and Fengate Capital Management are the other members of the consortium.
The $C 1.8bn ($US 1.29bn) project will receive a $C 800m contribution from the City of Edmonton, while the federal government is contributing $C 400m through PPP Canada and the New Building Canada Fund. The latter is being matched by the province of Alberta which is also providing an interest-free loan for a total contribution of $C 600m.
The first phase of the Valley Line will have 12 stations, and will connect with the existing Capital and Metro lines at Churchill. The line will eventually be extended to Lewis Farms to create a 27km line with 28 stations carrying around 100,000 passengers per day.
