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Project Costs and Partners

Project Cost

The final project budget for the Coast Meridian Overpass is $135.4 million, including the cost of construction, land acquisitions, CPR access and impacts, utility relocation, engineering, legal services and contingencies.

For full details about the final project budget and funding, please click here or on the link to the left.

Design-Build Contractor 

SNC-Lavalin Constructors (Pacific) Ltd. logoFollowing a comprehensive Request for Proposals process, the City of Port Coquitlam awarded the project's Design-Build contract to SNC-Lavalin Constructors (Pacific) Inc. (SLCP) in January 2008. SLCP submitted the lowest qualifying bid. 

For information about the Design-Build process, click here or on the link to the left.

The $94.5 million fixed-price contract included most of the detailed design and construction costs for the project, which has provided Port Coquitlam with a much-needed third north-south link across the Canadian Pacific Railway yards.

SNC-Lavalin Inc. is an internationally recognized Canadian engineering-construction firm that is known for on-time and on-budget projects. The firm's other transportation projects in B.C. include construction of the $1.9-million Canada Line and the William R. Bennett Bridge across Okanagan Lake.

SLCP proposed a 580-metre-long cable-stayed bridge system for the overpass. Compared to other structural support methods, the cable-stayed option was more economical, significantly reduced the mass and depth of the structure, was easier to fabricate and install, and is elegant and aesthetically pleasing.

Funding Partners

The project was funded with $61.3 million from TransLink, $2 million from the BC government’s Bike BC program, and $380,000 from ICBC’s 2009 Road Safety Program. More than 90% of the City’s approximately $71.7 million share was funded through reserve funds and developers’ fees, with the remainder borrowed.

Click here to view a PDF of the funding agreement between TransLink and the City.

TransLink's share came from its fully funded 2005-2007 Three-Year Transportation Plan.

Canadian Pacific Railway

The City and the CPR reached an agreement in late 2006 that addressed the right-of-way over the rail yard required for the construction of the overpass. The agreement recognized the rights of both parties and allowed CPR to preserve its current and future operating capacity to ensure effective transportation service for area businesses and the Pacific Gateway.