Alberta Schools Alternative Procurement III
In September 2012, Concert secured the ASAP III public-private partnership project to design, build, finance and maintain a total of twelve schools in eight communities across Alberta. The schools will comprise of approximately 710,000 square feet of new building space with a capacity for up to 7,700 students.
The project will be delivered using a public private partnership model with the Government of Alberta over a 30-year term. The project has a contract value of $288.8 million.
In November 2016, Concert acquired HOCHTIEF PPP Solutions’ 50% interest in the ASAP III project and now wholly owns the project company. As part of the acquisition, Concert has assumed sole responsibility for the management of the project.
Please visit www.abcschools.ca for more information on the ASAP III project.