AN UPDATE ON THE P3 QUEBEC AGENCY

Mont Tremblant Conference

June 15th, 2006

Guy Choinière

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AgendaAgenda

1. Agency Overview and Progress2. Projects Overview3. Process Risk4. Conclusion

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1. Agency Overview and Progress1. Agency Overview and Progress

Bill 61 creating the Agency adopted in December 2004

Agency (mission, role, clients)

Board, CEO, staffing the Agency

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1. Agency Overview (cont’d)1. Agency Overview (cont’d)

Agreement with Partnerships BC

Service agreements with Ministries

Active projects

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2. Major Projects2. Major Projects Transportation

Autoroute 25 Autoroute 30 Highway rest areas

Healthcare Long-term care facilities (500) Two Teaching hospitals

Others Two projects: $100M each

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Completion of Autoroute 25Completion of Autoroute 25

Description:Description: 7 KM Highway including 1.2 KM Bridge + ETTM

MilestonesMilestones RFQ issued: December 22,2005 RFQ closed: March 3, 2006 Short listed announced: March 31, 2006 RFP Issuance: Imminent Contract award: 2007 Opening to traffic: 2010 Estimated construction cost: 400 M$ including works carried out in conventional mode

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Completion of Autoroute 30Completion of Autoroute 30

P3 Project Western section:P3 Project Western section: 35 km Highway + 2 Major Bridges + ETTMMilestonesMilestones RFQ issuance: Coming weeks Contract award: 2007 Opening to traffic: 2009 (Eastern section 2008) Estimated construction cost: Approximately 1.2 billion $

Construction Cost is jointly financed by the government of Quebec and government of Canada

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Highway Rest AreasHighway Rest Areas

Rest areas along various highways: 33 sites

Phase 1: 7 sites

MilestronesMilestrones Business case : Completed RFQ: Summer 2006 RFP: Fall 2006 Contract award: 2007

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Long Term Care Facility (200 beds): Long Term Care Facility (200 beds): Pilot P3 ProjectPilot P3 Project

MilestonesMilestones Business case: Completed RFEI: June 2006 RFQ: September 2006 RFP: Fall 2006 Contract Award: Fall 2007 Opening: 2009

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Teaching Hospital CHUMTeaching Hospital CHUM

P3 Contract: Design, Build, Finance and Maintain (DBFM of the Infrastructure (cafeterias, laundry and janitorial services excluded)

P3 scope: CHUM Project excluding: Renovations of the building occupied by Videotron Renovations to the actual Notre-Dame Hospital

Total Projects Costs: 1.52 billion $Next step: Value For Money analysis: December 2006

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Teaching Hospital MUHC, Glen CampusTeaching Hospital MUHC, Glen Campus

P3 Contract: Design, Build, Finance and Maintain (DBFM) of the Infrastructure (cafeterias, laundry and janitorial services excluded)

P3 scope: MUHC Project excluding: Construction of the Montreal children’s hospital Renovations of the actual Montreal General Hospital

Total Projected Costs: 1.58 billion $Next step: Value For Money analysis: December 2006

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4. Process risk4. Process risk Definition

Time between RFQ and RFP Exposure to administrative/political changes

post-RFQ Drop-outs Process cost

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4. Process risk (cont’d)4. Process risk (cont’d)

Our Proposition: at the RFQ stage, a RFQ and a term sheet with:

Revenue model (payment mechanisms) Risk matrix Legal structure Transaction description Well defined expected deliverables from private

sector

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5. Conclusion5. Conclusion After 15 months of operation P3 Quebec :

Has a solid organization in place Developed a good working relationship with its internal

clients A portfolio of more than 3 billion CAD$ of potential P3

projects

Next steps Pursue development of potential P3 projects Close deals

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THANKSTHANKS1050, Rene-Levesque East Boul.

Quebec (Quebec) G1R 4X3

Phone: (418) 646-6097

FAX: (418) 528-1755

500, Rene-Levesque West Boul.

Montreal (Quebec) H2Z 1W7

Phone: (514) 873-2356

FAX: 514-873-2383

www.ppp.gouv.qc.ca

guy.choiniere@ppp.gouv.qc.ca