Our Public-Private Partnerships (P3) Model
For some of the province’s larger, complex infrastructure projects, Infrastructure Ontario uses a public-private partnerships (P3)* delivery model. This modern approach is employed on public sector projects with a capital cost over $100 million or projects that involve significant risk and complexity. IO works closely with public sector project owners and sponsors to deliver projects successfully in partnership with the private sector.
We work continuously to improve our project delivery methods: refining the amount of private sector finance, improving health and safety standards, enhancing conflict of interest and ethical standards, introducing local knowledge requirements for construction standards and practices, and updating our value for money methodologies.
The P3 model has continued to evolve, incorporating, adapting and refining fundamental principles of public infrastructure project delivery. For more than 10 years, these practices have served the best interest of the people of Ontario.
Ontario’s P3 model is a home-grown success story that has garnered international attention and has made Ontario a global leader in infrastructure development. More than 60 international jurisdictions have visited IO’s offices to learn about our successful P3 approach for project delivery.
Our projects have won awards from national and international organizations such as the Canadian Council for Public-Private Partnerships, the American Institute of Architects, and the International Academy for Design & Health.
One of the keys to the success of our P3 model is to make information easily available, while balancing the need for transparency and commercial confidentiality. All disclosure is subject to the Freedom of Information and Protection of Privacy Act (FIPPA).
Questions? Please visit our Contact Us webpage.
*Prior to November 2018, IO’s P3 projects were referred to as Alternative Financing and Procurement (AFP) projects. For the purposes of comparing historical and contemporary documents or third-party reports, the terms AFP and P3 may be used interchangeably.