By The Canadian Press

alberta

Province plans to partner with the private sector in upcoming school projects

Nov 5, 2019 | 4:54 PM

Alberta is back in the business of partnering with the private sector to build schools.

Infrastructure Minister Prasad Panda says five of 25 new school projects being built over the next five years may be constructed using the so-called P3 method.

Under the public, private partnership model, government strikes a deal with a private contractor to have the contractor design, build and in some cases maintain infrastructure such as a school or highway.

Panda says he believes there are strong business cases to building the five schools using the P3 method, with a request for qualifications going out to industry in the spring.

He says that given tight finances, Alberta needs to look at alternative financing options.

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But he says each case will be looked at so it makes sense for taxpayers.