Canada Line Project Agreement

79 “Payments based on availability, quality of service and achievement of passenger forecasts”,â885 and the return of the line to the public sector after the end of the concession period.886 InTransit BC also entered into a design and construction contract with SNC-Lavalin, Inc.887 Upon completion in August 2009, CLCO`s responsibility for managing the concession contract was transferred to TransLink. Of the $2.05 billion needed to finance the project, there was $1.33 billion in public contributions and $720 million in private financing, or about 35.12%.888 In terms of private financing, there were two components: equity and debt. InTransitBC secured $120 million in equity through the investment of limited partnerships.889 One group of banks provided $600 million in long-term debt financing.890 Most of the project`s risk was transferred to the private sector, but the “public sector retained most of the transient risk, although part of it has been transferred to the private partner.” The project indicates that the PPP approach for the Canada Line is expected to cost $92 million less based on the net present value in dollars for 2003.â892 885 Id. 886 Id. at 29,887 Id. 888 Id. at 30,889 Id. at 31,890 Id. at 31, 34,891 Id.

at 34,892 Id. at 37. RAVCO has been approved by the agencies, which fund the transit line, established to oversee project planning, procurement, construction and implementation. This TransLink subsidiary, which was later renamed Canada Line Rapid Transit Inc (CLCO), made distributions to the customer during the work. In November 2004, bid costs were reduced by postponing the construction of a footbridge between Waterfront Station and the cruise terminal, removing Westminster Station, and moving Richmond Centre Station and the end of the line several hundred metres north. TransLink would continue to pay the cost of reinstalling the trolley wires along Cambie. To further reduce the best and final offer, RAVCO no longer required the promoter to provide 59 ATMs and 38 ticket validation counters, or for a police unit to operate on the RAV line. RAVCO also transferred responsibility for transporting trolley wire from SNC-Lavalin to TransLink. [59] Costs were also reduced as a result of decisions regarding the single-track sections of the Richmond and airport branches. The Richmond branch was single-track from Ackroyd Road, largely because Richmond City Council printed to reduce the visual profile of the airline for aesthetic reasons.

There have been several labour disputes related to wages and labour organization between employees and contractors working on the construction of the Canada Line. To dig the last 2 kilometers (1.2 miles) of the tunnel under the city center, a team of 36 Latin American workers from Costa Rica, Ecuador and Colombia was brought to Canada in April 2006. The employer, a joint partnership between SELI Canada and SNC (Pacific), commissioned workers to assemble the tunnel boring machine (TBM) and begin excavations. Workers` pay slips and testimonials showed that they received $1,000 a month in exchange for 65-hour work weeks (less than $4 cdn per hour). The Latin Americans, all with temporary work permits, joined the Construction and Skilled Workers Union Local 1611 and obtained union certification in a majority vote on June 23, 2006. It was the first time in Canadian history that a group of temporary foreign workers in the construction industry successfully exercised their right to form a union. Before the union had the opportunity to bargain collectively, workers` wages were increased to $14.21 per hour and hours of work were reduced to 40 hours per week, with overtime concessions granted as required by British Columbia labour law. The union was not consulted and the unilateral wage increase resulted in a complaint by CSWU 1611 about unfair labour practices. The British Columbia Labour Relations Board sided with the employer`s statement (SELI-SNCP) that there had been an error in the calculation of wages in the months leading up to the workers` vote to join the union. The employer delayed negotiations on a collective agreement until he was called back to the bargaining table by the BCLRB in August 2006. [80] Collective bargaining collapsed in September […].