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image: Metrolinx

Canada Government Audit Cites P3 Settlement Cost

A private consortium of engineering and construction firms won more than $177 million in extra payments to keep its nearly $4-billion Toronto light-rail project on track, despite having agreed to shoulder cost overruns, according to an Ontario auditor’s report released earlier this month.

Metrolinx, the provincial agency overseeing the Eglinton Crosstown transit project, paid building consortium Crosslinx Transit Solutions that sum to ensure it would meet the project’s 2021 completion deadline, said Ontario Auditor-General Bonnie Lysyk.

The consortium had encountered a number of delays that threatened to upend the schedule of the19-kilometer light rail project, which is half below ground and includes 25 new stations.

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