Preferred Bidder For Victoria, BC, Biosolid Plant DBFOM

The Capital Regional District in British Columbia has picked Hartland Resource Management Group as the preferred proponent to treat its biosolids in a DBFOM contract with forecast capital costs in the range of Cdn $150 million to Cdn $170 million.

The CRD, in which Victoria, B.C.’s capital is the largest community, said once the facility is built, a 20-year performance-based contract will start with payments linked to the quantity treated. A substantial-completion payment of about 25% of eligible costs will be made when the plant opens. After that, there will be monthly service payments.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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