Montreal University Research Centre

Project name: The University of Montreal Hospital Research Centre (CRCHUM) is the research arm of the CHUM. Its research activities directly contribute to the hospital’s mission: health care, teaching, research, health promotion and technology evaluation. It will be one of the most prominent Research Centres in North America.

Project location: Situated at the heart of the Health Quarter and close to the Montreal Conference Center (Montreal, Quebec)

Project description: The project involves the design, construction, financing and operation of a ~68,800m2 state-of-the-art clinical research centre facility focused on innovation, non-invasive human exploration and knowledge transfer for health care services and teaching. The CRCHUM, scheduled to open its doors in September 2013, will be home to more than 1600 people, including researchers, students, postdoctoral fellows, technicians and personnel.

Project delivery type: DesignBuild-Finance-Maintain (DBFM)

Financial close: achieved in May2010 Project cost: $470 million

Current status: Under construction (Substantial completion in September 2013)

Concession term: 30 years following construction completion.

Consortium: Project Developers and Equity Sponsors: Fiera Axium Infrastructure, Meridiam Infrastructure

Construction contractors:

Consortium Pomerleau Verreault

Operations and Maintenance Provider: Honeywell

Senior debt: Fixed-rate, fully amortizing project finance bonds having a credit rating of “A-”

Website: http://crchum.com/ crchum.en.html

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