” Ministry officials would not say why the equity partners in the perimeter road have now been changed. ” ~ Surrey Leader
Found this gem tonight online, courtesy of the Surrey Leader , with respect to the significant change in the partners of the Fraser Transportation Group – AFTER the pre-qualified bidders were approved ( meaning, how could these new partners be qualified – if they entered the bidding process AFTER the Request for Proposals? And did the Ministry advise the other bidders of the change when it occurred? :
Ledcor was not previously listed in the Fraser Transportation Group and has replaced former equity partner Zachry American Infrastructure of Texas.
Last year, the province gave up on a struggling financing partner for the $3.3-billion Port Mann/Highway 1 expansion project and opted instead to directly borrow all the money.
Ministry officials would not say why the equity partners in the perimeter road have now been changed.
“For internal reasons they needed to amend the makeup of their consortium,” ministry spokesman Dave Crebo said.
Internal reasons…. indeed. Methinks Dave believes no one really knows how the procurement process works with the MOT.
Dave would be horribly mistaken about that…