A project of this complexity involves a multi-phased procurement process that leads to the selection of a private partner to co-develop and deliver Alto.
Cadence was carefully selected to not only co-design and build, but also to finance, operate, and maintain the project. The selection of the consortium was based on its ability to deliver the best project outcome. Top firms from around the world participated and submitted proposals.
The collaborative approach is intended to promote innovation, drive better service for passengers, reduce risk and improve risk management, and ultimately achieve better value for Canadians.
Key Procurement Milestones
Request for Expressions of Interest
- On March 10, 2022, the Government of Canada released the Request for Expressions of Interest (RFEOI) and over 50 industry participants expressed interest and provided feedback. The Government used the feedback received to refine the project requirements, the deal structure, and the anticipated procurement and co-development process and timelines.
- On October 31, 2022, the Government issued the RFEOI Update summarizing the key themes stemming from the RFEOI process, and providing additional information, clarifications and adjustments to elements of the procurement process for the Alto project.
Request for Qualifications
On February 17, 2023, the Government of Canada launched a Request for Qualifications (RFQ). The RFQ period closed on April 24, 2023. On July 20, 2023, the Government of Canada qualified three bidding teams to respond to the Request for Proposals. Learn more.
Request for Proposals
On October 13, 2023, the Government of Canada issued a Request for Proposals (RFP). Through the RFP, the Government of Canada selected Cadence, a private-sector partner to collaborate with Alto to optimize the project for a final investment decision by the Government of Canada.
Co-Development Phase
The co-development approach will involve a collaborative model focused on exceeding project outcomes through a long-term integrated approach to operations, asset and risk management. Co-development allows the project to be designed and developed in parallel to the impact assessment process, improving visibility on key metrics and outcomes through direct collaboration.
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Impact Assessment
The Alto team is committed to meaningful public participation. Engagement activities have already started and will continue throughout each phase of the project, in line with the federal Impact Assessment required under the Impact Assessment Act and the Canadian Transportation Agency’s review required under the Canadian Transportation Act.
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