SASKBUILDS
USA comprehensive long-term capital planning process .”
Entering the field of P3 “ Saskatchewan has experienced remarkable growth over the last several years , and with growth comes an increasing demand for new highways , schools , healthcare facilities and more to support an improved quality of life for Saskatchewan people ,” said Minister Responsible for SaskBuilds , Hon . Gordon Wyant . Part of SaskBuilds ’ mandate to examine the best procurement options has included a thorough look into alternative procurement models , including public-private partnerships ( P3 ).
“ For large and complex projects – generally in the $ 100 million or more range – P3s have proven to be the right approach for building infrastructure projects on-time and on-budget ,” said Wyant . “ The long-term nature of the contract ensures there is a strong incentive for the private sector partner team to build operating efficiencies and innovation into the project ’ s design , construction , and long-term maintenance .”
But as Wyant explains , SaskBuilds approaches the P3 model from an analytical point of view — to engage in this alternative model , it must offer value and make financial sense for Saskatchewan .
“ Saskatchewan people trust the government to make the best possible investment decisions with their taxes . That is why SaskBuilds explores and compares procurement options to make recommendations based on which model of procurement , traditional or alternative , will drive the greatest
Hon . Gordon Wyant
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