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Province saves big dollars on construction deal for SW ring road

from iNews 880 AM

Alberta Transportation minister Brian Mason says the deal awarded to a consortium of companies to design, build and operate the South West Calgary ring road has come in $700 million under budget: "That's a real win for us, real evidence we're on the right track when it comes to making investments now." Alberta Transportation has signed an agreement with Mountain View Partners. The province will fund 60 per cent of the capital construction cost, which will be paid during the five-year construction phase. more

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