Preferred bidder selected to build Toronto’s Finch West light rail line
CANADA: Greater Toronto & Hamilton Area transport authority Metrolinx and Infrastructure Ontario announced on April 11 that they had selected Mosaic Transit Group as preferred bidder to build the Finch West light rail project in Toronto.
The consortium comprises Aecon, ACS Infrastructure Canada and CRH Canada Group, each with an equal share. Aecon and ACS Infrastructure Canada each have a 50% share in the 30-year maintenance agreement.
Financial close is expected in the coming months. Construction is expected to begin shortly afterwards of the 11 km light rail line from Finch West metro station to Humber College. Two underground and 16 surface stops would be built, as well as a maintenance depot.
The federal government is supplying up to C$333m and the Ontario government supplying C$1·2bn towards the project.