Blackbird Infrastructure Wins $1.2B Contract for Highway 407 East in Ontario
Ontario has awarded a $1.2-billion contract for the completion of Highway 407 East, a provincially owned portion of the toll road. Blackbird Infrastructure has signed a fixed-priced contract to design, build, finance and maintain the project.
The province will set, regulate and collect tolls, which it says will be lower than on the privately owned 407 ETR, and the funds will be used for infrastructure and transit.
The province will also set and regulate tolls, and use toll revenue to fund new infrastructure and transit projects across Ontario.
Construction is expected to begin in fall 2015 from Harmony Road to Taunton Road/Highway 418 and is scheduled for completion in December 2017. The remainder will open in 2020.
This is the final phase of the Highway 407 East project, which will:
- Extend Highway 407 eastward from Harmony Road in Oshawa to Highway 35/115
- Provide a new north-south 10-kilometre highway link, Highway 418, to connect Highway 407 to Highway 401, just east of Oshawa
- Provide eight new interchanges including a partial interchange at Highway 418 and Taunton Road and three freeway to freeway connections (Highway 407 and Highway 418; Highway 418 and Highway 401; and at the end of Highway 407 at Highway 35/115)
Improving highways, roads and bridges across the province is part of the government’s economic plan for Ontario. The four part plan is building Ontario up by investing in people’s talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives, and building a secure savings plan so everyone can afford to retire.