posted in - Project Updates
Congratulations to PSPC on the P3 Awards win for Public Sector Promoter/Procurer of the Year. Judges were impressed by PSPC’s development of the Energy Services Modernization project; modernizing the capabilities of the current heating and cooling energy system, or district energy system, to support efficient technologies and reduce GHG emissions and operational costs. The Government of Canada has leveraged their expansive knowledge of P3 projects to collaboratively work with bidders throughout the process, creating an infrastructure plan that is unique to the National Capital Region.
Underpinning the Energy Service Modernization project is the commitment of the Government of Canada to champion sustainable development and pursue net zero carbon goals. Additionally, the project agreement provides for the possibility of expansion of the modernized district energy system to other public and private organizations in the National Capital Region and increase the availability of low carbon energy sources. The judges were also impressed by the strong financial structure used to deliver a complex project that reinforces environmental initiatives.
P3 Bulletin provides multi-vertical information to both public and private sectors in order to foster partnerships in public infrastructure. Components such as design, build, finance and operations and maintenance are all cohesively brought together within this umbrella database and publication platform to bolster the advantageous aspects of the P3 model.
Through P3 Bulletin’s editorial coverage, database and market-leading events they provide the necessary platforms to learn about projects, partners and policies that will shape the transport, social and utility infrastructure sectors.