June 16, 2010

New Southeast Stoney Trail Project (SEST) Website launches

CALGARY, AB

The Southeast Stoney Trail Project (SEST) is a public-private partnership (P3) with Alberta Government and Chinook Roads Partnership.

The Alberta government awarded the SEST Project to Chinook Roads Partnership, who will design, build, partially finance and maintain the Southeast Stoney Trail project over a 33-year term. The construction period is the spring of 2010 to the fall of 2013, followed by a 30-year maintenance contract with Alberta Government.

The SEST project is worth $769 million in 2010 dollars, and is jointly funded by the Alberta Government and the Government of Canada, as part of the Economic Action Plan.

Click here to read the full story and to view the new website.

April 9, 2010

Stoney Trail in Calgary drives forward

Government saves $1 billion through P3 contract

CALGARY, AB

Motorists will have 25 more kilometres of ring road to drive on by the fall of 2013.

The Alberta government signed a 33-year contract with Chinook Roads Partnership to design, build, operate and partially finance Stoney Trail from 17th Avenue SE to east of Macleod Trail. The contract also includes maintenance of Deerfoot Trail from its junction with Stoney Trail SE (currently Highway 22X) to its junction with Highway 2A.

Click here to read the full story.