WHITEHORSE—The Department of Highways and Public Works released its annual fall update for capital infrastructure projects today. The roster of projects provides near- and long-term outlooks for major works being undertaken by the Transportation and Property Management Divisions.
“The Yukon government believes in a strong private sector, and industry identified a fall capital update as a priority to provide greater certainty for contractors on upcoming bid opportunities, including the anticipated timing and status of current and forthcoming capital projects,” Minister of Highways and Public Works Scott Kent said. “This allows government to maintain and invest in Yukon’s transportation and building assets, as well as provide economic development opportunities for our local labour force.”
The Government of Yukon announced the new fall capital update process last fall in response to recommendations from Yukon’s contracting sector. The new practice provides the most current information about infrastructure projects in various stages of development, early capital planning information, and more reliable estimates. These adjustments to the tendering process are aimed at providing more certainty and opportunity for Yukon contractors and enabling an earlier start in Yukon’s short building season. In addition, the changes allow the public to better understand and follow how capital projects are progressing.
The update consists of 31 projects estimated to translate to approximately $43 million in tendering opportunities over the next fiscal year. Additionally, approximately 20 smaller scale capital maintenance projects, estimated to result in approximately $3.8 million in tendering opportunities, are in early planning stages. These projects totalling almost $47 million are a portion of the Capital Budget 2016/17 that will be tabled next spring, and are subject to legislative approval.
The fall capital update is based on information and planning projections determined at this time. Projects and timelines are subject to change. The fall capital document will be updated monthly to incorporate any new information or changes.
Learn more: Fall capital project update
Communications, Highways and Public Works