📋 Tender Overview
Project : OPS-001-07
Project Description : Citywide rehabilitation and reconstruction of existing paved roads comprises of 1,076 km (2397 lane km) including the E.C. Row Expressway. As of June 2023, 19.7% of the road system is rated 'Now' Deficient. The estimated replacement value of roads is approximately $2.11 billion. Industry standard life cycle is 35 years. Based on a 35-year replacement cycle, the perpetual annual cost for the replacement of this infrastructure is approximately $50-$60 million. It should be noted that years 2024 and beyond are based on current assessed condition and applied asset management. A listing of planned projects is included in the appendices. Depending on tender pricing, additional roads may be added to the plan, or some may need to be pushed to future years. Given the limited options with minor surplus funding, it may create an opportunity for smaller sections of local roads to be addressed sooner than planned.
