tions for each stage of the
project to ensure work is be-
ing carried out at each stage in
accordance with the terms of
the project contract.
As a result of CJI’s knowl-
edge, experience and involve-
ment in P3 and turnkey proj-
ect delivery, the company is
retained by concessionaires
to provide Lender’s Technical
Advisor (LTA) services. These
services involve providing due
diligence on technical and
commercial aspects of proj-
ects, and regular reporting to
owners and lenders on poten-
tial risks and project progress
in support of scheduled pay-
ments. CJI is currently provid-
ing this role on both the Otta-
wa LRT and the Waterloo LRT
projects.
In terms of its P3 projects,
CJI mainly concentrates on
infrastructure such as transit,
highways, bridges, railways,
and port facilities. While in-
stitutional P3 projects such
as those in the healthcare in-
dustry have received much at-
tention over the years, CJI has
found its niche in P3s servic-
ing the transportation sector.
However, Johnston identifies
a slight nuisance with P3s in
that there are different pro-
cesses between the provinces
in approaching development.
“The fundamental differ-
ence has arisen from the fact
that B.C has been implement-
ing P3 projects for a number
of years and has developed a
well established process with
reasonably standardized con-
tracts. Other provinces have
subsequently adopted P3 de-
livery and have preferred to
develop their own process, so
the lack of standardization is a
challenge for concessionaires
pursuing projects,” he said.
Part of CJI’s success also
has to do with its heavy in-
volvement in program man-
agement and the facilita-
tion of projects, particularly
partnership projects such as
those involving federal fund-
ing provided through the Asia-
Pacific Gateway and Corridor
JUNE 2014
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