RÉSEAU EXPRESS MÉTROPOLITAIN A new public transportation network for Greater Montréal TECHNICAL BRIEFING PREFERRED CONSORTIA February 2018
Results of the tender process 1 FINANCIAL RESULTS TECHNICAL RESULTS Stayed within the financial framework Achieved the $0.72 passenger/km charged to the ARTM No additional contribution from governments Better urban integration Maximized use of existing right of ways Innovative solutions to technical constraints For the same quality of service and same frequency
Downtown entry Aerial route 2 > Uses the CN corridor > Avoids passage via tunnel under the Pointe-Saint- Charles business park > Eliminates the passage between two of the City s strategic collectors > Avoids demolishing a commercial building > Avoids the definitive closing of Ottawa Street > Moves the station closer to developing neighbourhoods > Holds urban planning contest in collaboration with the City of Montréal Griffintown Central Station Water collectors Pointe-Saint-Charles business park Old Montréal The location of the station in the Bassin Peel sector will be determined in collaboration with the City of Montreal and local communities
Highway 13 New route 3 Bois-d- Liesse natural park Bois-de-Saraguay natural park > Uses the CN corridor > Avoids construction of an overpass over Highway 13 > Eliminates impact of a new rail infrastructure on the connection between natural parks (Liesse and Saraguay natural parks) > Removes the Highway 13 station and avoids impact on a wooded area
Collaboration with the City of Montréal 4 CDPQ Infra / City of Montréal Statutory Committees Steering Committee Technical Committee Communication Committee Other Committees with the City of Montréal Architectural Signature Urban Integration Living Environment Participation in the guidelines for the REM s architectural signature Participation in the Expert Committee responsible for evaluating the architectural and urban planning components of the technical proposals received Creation of an advisory committee to discuss urban planning around REM stations Public spaces Bicycle paths Pedestrians access Contests for urban planning around the Bassin Peel: Art integration Animations
Winning consortia 5 EPC Contract Groupe NouvLR Construction of accessible, secure and climate-controlled stations Construction of engineering works, bridges, tunnels and other structures Construction of electric infrastructure (substations and catenaries) Installation of rails
Winning consortia 6 RSSOM Contract Groupe des Partenaires pour la Mobilité des Montréalais Provision of more than 200 accessible, heated, air-conditioned train cars Information, telecommunication and automated driving systems Control centre equipment Screen doors Wi-Fi connection
Winning consortia 7 $3.7B + to GDP + 34,000 Jobs during construction + 1,000 Permanent jobs ~ 65% Local content
Construction costs confirmed 8 REM CONSTRUCTION COSTS $6.3B $0.72 km/passenger operating cost billed to the ARTM following the call for tenders Accounts for all operating and capital costs SOURCES OF FINANCING $2.95B $1.28B $1.28B CDPQ Infra Government of Québec Government of Canada $295M Hydro-Québec Electrification of transportation commercial agreement with a major client $512M ARTM payment to replace future revenue that CDPQ Infra would have received for the increase in land value Contribution unchanged UPHOLDING COMMITMENTS > No additional contribution from governments > Return target maintained for la Caisse and up slightly for governments
Creation of a new subsidiary 9 REM Services Right of way InfraMtl.co Central Station Mont Royal Tunnel and Viaduc du Sud Services Right of way Other operators (RTM, VIA Rail, Amtrak) > Opportunity for la Caisse to invest in shared-use infrastructure: Ensure the coexistence of current and future operators Continued public use of these infrastructures Provide a stable commercial return for depositors Mont Royal Tunnel Central Station Viaduc du Sud
Next steps 10 2018April 2018 Construction starts Construction End of 2020 First trains begin test runs Summer 2021 First branch becomes operational
QUESTION PERIOD