PUBLIC-PRIVATE PARTNERSHIPS (P3)
Public – Private Partnerships (P3s) are a long-term performance-based approach to procuring public infrastructure where the private sector assumes a major share of the risks in terms of financing and construction and ensuring effective performance of the infrastructure, from design and planning, to long-term maintenance. VANPILE has participated in P3 projects both as part of Design-Build Joint Venture teams and as subcontractors. We have played a significant role as part of the Design-Build Joint Venture teams in the W.R. Bennett Bridge and the South Fraser Perimeter Road. We continue to look for active participation in these complex large scale projects.