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Applications for P3 awards now open

DCN News Services
Applications for P3 awards now open

TORONTO — Applications are now being accepted for The Canadian Council for Public-Private Partnerships’ (CCPPP) 2019 National Awards for Innovation & Excellence.

The deadline to apply for the awards, which honour the most outstanding P3 projects, is by noon on Sept. 11, 2019.

This year, the awards will be presented at a special lunchtime ceremony at the CCPPP National Conference in Toronto on Nov. 18.

The awards are presented annually to public institutions/governments and their private sector partners for outstanding achievement in Canadian public-private partnerships (P3). Awards may be announced in the following key areas: project development; project financing; service delivery; and infrastructure.

According to a CCPPP release, a project considered for an award by CCPPP must meet three basic requirements to be eligible for an award: the project must be one that is typically overseen by the public sector and one that the public sector would have done traditionally, had it not used a PPP solution. Projects that do not fit into a government’s normal activities are not considered public-private partnerships; the project must demonstrate the transfer of risk; and the project must demonstrate innovation and/or excellence in its sector.

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