PCL has been awarded a fixed-price contract to replace the Johnson Street Bridge. The value of the contract is $63,235,000 and is within the approved construction budget. PCL was awarded the contract following a competitive process involving three world-class construction companies.
In November, PCL’s proposal ranked highest based on criteria outlined in the City’s Request for Proposals. In November 2012, Council directed staff to proceed into negotiations for a fixed-price contract to construct the new Johnson Street Bridge.
During the collaborative procurement process conducted over the past several months, the three firms competing for the bridge contract were invited to propose engineering optimizations that could reduce costs or risks and minimize impacts during construction. Six engineering optimizations are included with PCL’s contract. As a result of one engineering modification to the bascule wheel, it now allows pedestrians to walk through the wheel of the bridge when opening or closed.
The overall budget for the replacement of the Johnson Street Bridge is $92.8 million. The Government of Canada is providing up to $37.5 million in funding towards the project, including $21 million from the Building Canada Fund and $16.5 million through Canada’s Gas Tax Fund. The remaining bridge replacement costs are funded by the City of Victoria through reallocated capital budgets and electoral approved borrowing of up to $49.2 million.