Waterloo Light Rapid Transit Waterloo Region, Ontario, Canada
Plenary Group, as part of the Grandlinq consortium, is delivering for The Regional Municipality of Waterloo a rapid transit system that will serve residents in Cambridge, Kitchener and Waterloo.
Stage 1 of the rapid transit system includes 19 kms of tracks, 16 stations and 14 tram sets, on its route from Conestoga Mall in Waterloo to Fairview Park Mall. The Project scope also includes 13 Traction Power Substations and the Operations and Maintenance Storage Facility.
The DBFOM Contract includes a minimum 10 year operator appointment, with up to four 5-year extensions, to be performed by Keolis.
As a result of the favourable interest rate environment at financial close, construction costs were $2.5 million lower than anticipated, and the 30-year financing costs dropped by $11.5 million.
The design and construction phase commenced in May 2014.