Project Agreement costs before and after taxes

In January 2019, Public Services and Procurement Canada posted adjustments on Buyandsell.gc.ca to the Samuel De Champlain Bridge contract (Project Agreement) between Infrastructure Canada and Signature on the St. Lawrence (SSL) Group for the for the design, construction, financing, operation, maintenance and rehabilitation of the Samuel De Champlain Bridge corridor.

The below table outlines the changes with and without taxes:

Table 1: Project Agreement costs before and after taxes

N/A

Value before taxes

Taxes

Total

Original contract

$3,977,352,513

$595,608,539

$4,572,961,052

*Settlement Agreement

$172,000,000

$25,757,000

$197,757,000

**Supervening Events / Changes

$33,553,796

$5,024,681

$38,578,477

Total

$4,182,906,309

$626,390,220

$4,809,296,529

*The Settlement agreement figure above does not include the $63,000,000 that was paid to SSL to resolve outstanding issues related to the transportation of oversized parts and settling SSL’s Quebec Superior Court claim.

** The Supervening Events / Changes figure above represents the total amount incurred and approved since the commencement of the Project up to August 17, 2018. Changes include Minor Works, Private Partner Changes and Authority Changes.

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