December 3, 2008
Festive Season Reception
The Board of Directors of the BC Construction Roundtable invite you and a guest to join them at the year end reception.
November 20, 2008
The Current Economic Climate and Implications for Financing P3 Projects
The world-wide economic crisis, triggered in part by the sub-prime fiasco in the US has resulted in significant implications for the financing of large scale infrastructure projects, whether public or private sector led. Addressed in this presentation are some of the implications for financing P3 projects, especially in Canada. With the bail out of financial institutions in the US and abroad, especially Europe, by their respective governments, will it be financing as usual for P3 projects, or will securing financing be a more protracted process? What does this mean for the assessment and pricing of risk by financial institutions and hence the spread between public vs. private sector borrowing rates, concessionaire equity requirements, the time required to achieve financial close, and the language in concession agreements? These and related topics will be addressed by our speaker who is on the front lines of structuring and financing P3s in BC and the US.
Our speaker, Nicholas Hann, is Executive Director of Macquarie Capital Markets Canada Ltd in Vancouver, where he heads Macquarie's infrastructure business. As a senior executive of Macquarie, he has been involved in all aspects of Macquarie's infrastructure and public private partnership businesses. He has extensive experience in the structuring and financing of major infrastructure projects in both public and private sector roles spanning a wide range of countries.
Since arriving in Vancouver in 2002, Nicholas has played a key role in important BC infrastructure projects, including leading the successful Connect BC Team on the Port Mann Highway project, Richmond - Airport Vancouver Rapid Transit Project and Kicking Horse Canyon.
October 23, 2008
The State of the BC Mining Industry
The BC Mining Industry has been enjoying a period of growth and vitality not seen in many years. Mineral exploration is at record levels, while several mines have re-opened, new mines have been built and major, new metal mines are in the project approval process. The recent announcement by Premier Campbell that environmental studies and First Nations consultations will proceed for the proposed new power line along Highway 37 in northern BC opens up new opportunities for future growth of BC's mineral and metal sector. However, challenges remain, including lengthy regulatory processes, human resources shortages, rising costs and uncertainty with respect to First Nations issues.
Pierre Gratton is President and CEO of the Mining Association of British Columbia (MABC). The MABC is the predominant voice of mining in British Columbia representing mineral producers, coal producers and companies involved in exploration, development and smelting of minerals within the province. MABC promotes the interests of its members provincially and nationally, and works with governments and other stakeholders on policies affecting mining, to inform the public, and to promote cooperation between member firms to solve common problems.
Prior to joining the MABC, Pierre Gratton was Vice President - Sustainable Development and Public Affairs, of The Mining Association of Canada (MAC), based in Ottawa. While at MAC, Pierre spearheaded the Towards Sustainable Mining initiative, for which the association was recognized with a Globe Award in 2005.
September 18, 2008
Carbon Neutrality and the Impact on Engineering Design
Carbon neutrality and carbon-related issues are at the forefront of much public policy discussion and debate. These issues are also impacting the way buildings and communities will be both designed and retrofit, changing everything from design standards to operations budgets. Jennifer Sanguinetti from Stantec will give a presentation on the basics of carbon neutrality, summarize the new regulatory issues surrounding it in the province with respect to buildings and communities, and review the resulting energy trends. The presentation will contain some practical information to help inform those who are wishing to pursue carbon reductions or carbon neutrality including information on how to actually get started addressing carbon issues within organizations. The presentation will wrap up with some case studies of relevant projects.
Jennifer Sanguinetti is one of Stantec's original environmental design leaders. Her interest in sustainable design began when she first started with Stantec and resulted in the success of a number of energy efficient projects. She knows the importance of having buildings and communities work with the environment, as opposed to being self-contained and working against the surroundings. Jennifer seeks low-tech solutions for her sustainable designs, and prefers to keep the design simpler, with more natural systems.
She founded Stantec's Concepts group, a team that specializes in sustainable design services, looking for opportunities to optimize a client's building for the occupants, the environment and the bottom line. She is now Stantec's lead for carbon neutrality related services in the BC region. She was named one of Business in Vancouver's "Top 40 under 40" achievers and entrepreneurs in 2003.
July 9, 2008
Speeding to the Finish
Summer BBQ at the John MS Lecky UBC Boathouse
by the Neighbouring Olympic Speed Skating Oval
The Board of Directors invites you to join them at this year's summer social being held at the John MS Lecky UBC Boathouse at 7277 River Road in Richmond.
If the weather co-operates, we will start the evening at 5:30 pm at the Olympic Speed Skating Oval for an hour tour of the exterior of the facility (unfortunately, public access to the interior is no longer available). This tour will be followed at 6:30 pm by a BBQ Social at the neighbouring John MS Lecky UBC Boathouse, located approximately 1 km down the river from the Oval. The Boathouse is itself a fascinating and uniquely designed facility, a joint endeavour of UBC, St. George's School and the City of Richmond. If the weather is inclement we will forego the walk around the outside of the Oval and meet at the Boathouse at 6:30 where we will enjoy a presentation on the Oval from Paul Fast, P. Eng, of the structural engineering firm Fast + Epp.
In addition to his involvement with the Oval, Paul has designed several other landmark buildings including the geodesic dome (Science World), several SkyTrain stations and the Ebco Aerospace Centre. He will share some of his experiences as design engineer for this landmark and entertain us with a few interesting happenings related to the project.
June 19, 2008
Update on the new TransLink
The newly named South Coast BC Transportation Authority (TransLink) has just undergone a major change to its governance, with a new private sector board appointed this year. Concurrently, the Province announced a major investment in transit across the province with its Provincial Transit Plan. TransLink is in the midst of creating a transportation vision for the region with its Now is the Time - Transport 2040, a 30 year transportation strategy. In addition, a ten year transportation plan is being developed through consultation that will identify the near term investments required and a financial strategy to pay for them. All this is going on at the same time that TransLink is delivering an extremely ambitious capital program that includes the Canada Line, the Golden Ears Bridge, bus and SkyTrain fleet expansion, Major Road Network expansion, and improving the accessibility of the network.
Fred Cummings, VP Major Construction Projects, will provide an update on the status of TransLink's current and future capital program, describe the long term planning initiatives currently underway, and describe TransLink's new governance.
Fred was named Vice President, Major Construction Projects after serving as Project Director for the Golden Ears Bridge since May 2002. Prior to that he served as Manager, Engineering and Project Services, with TransLink, and its predecessor BC Transit, for five years where he was responsible for managing the implementation of TransLink's capital program. He is currently Acting CEO at TransLink.
Come and hear Fred tell us how the Major Construction Projects Division plans to spend a significant amount of TransLink's $4 billion investment on major projects in the Greater Vancouver area.
May 22, 2008
Southeast False Creek and the Olympic Village North America's Most Sustainable Community
Southeast False Creek is the most sustainable development being attempted at this scale in North America, housing up to 16,000 new residents on former industrial land. The first phase of the 80 acre project will serve as Vancouver's Olympic Village in 2010. In addition to its economic legacy of being funded from its own revenues and its social legacy of providing a full size community centre and childcare facility, 26 acres of park, a kindergarten to grade seven elementary school, 250 units of affordable housing, 110 units of rental housing, and 750 units of market housing, Southeast False Creek is best known lately for setting the new standard for environmental sustainability.
If you are one of Southeast False Creek's new residents, you will start out by consuming half as much drinking water as the average North American, your heat will come from water heated from the City's Neighbourhood Energy Utility that harvests heat from the sewer pipes, your toilet will flush with rain water, not treated drinking water. You will likely walk or cycle or take transit to work or to do errands.
Our speaker, Jody Andrews, is both Deputy City Manager for the City of Vancouver as well as Project Manager for the Southeast False Creek and Olympic Village development. He is a civil engineer with a commitment to sustainable community projects including the SkyTrain Millennium line and foreshore park in New Westminster and Vancouver's LEED Gold National Works Yard. Join Jody for an exciting update on the Olympic Village phase of this project as he shows how the project team is delivering 18 of North America's most sustainable buildings in 18 months!
April 29, 2008
The Challenge of Power in the P3 Project
Governments and institutions continue to desire P3 delivery for major infrastructure and public buildings, challenging the private sector to respond to the often difficult criteria. What is involved in winning a bid for a major project involving both the public and private sectors, all levels of government as well as stakeholders in the design, build and operation of major infrastructure initiatives? Lecia Stewart, perhaps best known for her work in British Columbia as Project Director and President of the West Coast Express and the Millennium Line, took her knowledge and experience to Bombardier where she pursued P3 projects in high speed rail all over the US and Canada.
In 2002 she led a consortium that won a $4.3 billion Design, Build, Operate, Maintain and Finance project for a high speed rail system in Florida. In the process of a two year effort to negotiate that contract, she walked the corridors of power in Washington and Florida and duelled with some of its major power brokers. Sandwiched between two battling goliaths, and some of the world's most powerful institutions, the story is at times terrifying and certainly exhilarating.
Lecia now runs StewartGossage, a bid strategy company with offices in Toronto and Vancouver, together with Patrick Gossage. She will speak to the BC Construction Roundtable about the lessons from Challenging Power in the complex world of P3 projects.
March 17, 2008
Annual General Meeting - Guest Speaker: Larry Beasley - Exporting Vancouver
Vancouver is often looked to as an example of good civic design and municipal planning - from the downtown core to the neighbourhoods. As one of the world's most livable cities, the ingredients for its success are now sought after in far reaching parts of the globe. Since leaving the City Hall almost two years ago Larry Beasley, the recently retired Director of Planning for the City of Vancouver, has been working with the Crown Prince and Government of Abu Dhabi on the design and development of their capital city as an environmentally and socially responsible community. Joining him in this endeavour have been many architects, planners and policy experts from Vancouver who have shared their knowledge and skills in this challenging exercise. Larry has seen the true benefits of the Vancouver Model but he has also learned that Vancouver has a long way to go to becoming truly 'green' and sustainable. He will be speaking to us about his ideas for Adu Dhabi as well as some reciprocal lessons learned for Vancouver.
Larry Beasley is now the "Distinguished Practice Professor of Planning" at the University of BC and the founding principal of Beasley and Associates, an international planning consultancy. Over 30 years of civic service, Mr. Beasley achieved land use and transportation plans along with careful development management that have dramatically reshaped Vancouver's inner city. He also led the revitalization of neighbourhoods, a strong heritage preservation program, the City's urban design studio and a successful civic fundraising initiative. He now teaches and advises the private sector and governments around the world.
February 21, 2008
The Canada Line Bored Tunnel Tour
The Canada Line Bored Tunnel extends from the south shore of False Creek to Granville Street just north of Pender, a distance of approximately 2.5 km. It is the first bored tunnel under downtown Vancouver and consists of twin parallel tunnels with diameter of 6.1 m. It is being built with an Earth Pressure Balance (EPB) Tunnel Boring Machine (TBM) and is lined with precast concrete sections. The first tunnel was completed last year and the second tunnel is currently nearing completion. This tour will provide a unique, once in a lifetime opportunity to walk in the tunnel under False Creek from Second Avenue to Yaletown Station (800 m) and back before trackwork and system installation commence when access will be restricted.
Our guides are Brendan Henry, Chief Engineer with SSJV, the tunnel boring contractor, and Roger Woodhead, the Technical Director for the Canada Line Project.
You must wear CSA approved safety boots, hard hat, safety goggles and safety vest. Following the tour please join us for drinks (no host bar) and appies at Stamps Landing.
Map for parking and site office is attached.