407 EDG Highway

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Ferrovial Business Lines Projects 407 EDG Ontario, Canada Concessions website $598.27M Total Investment 20mi Length 2012-2045 Concession period 2016 Opening date The 407 East Phase I is the largest toll road concession project in the province of Ontario since the privatization of the 407 ETR. The 407 and its different extensions constitute a high-capacity alternative to the most congested toll road in North America: the 401, or northern ring road of Toronto. The first phase of the 407 East Extension is comprised of an extension of approximately 22 kilometers (14 miles) toward the east from Brock Road in Pickering to Harmony Road in Oshawa, in the province of Ontario. It also includes the connection with the 401 toll road through a new 10 kilometers (6.2 mile) link that will be located east of Lake Ridge road. Green road This toll road runs through the habitat of five protected species. In order to preserve the environment, the design and construction will be carried out using the latest environmental conservation techniques. Availability payment The project incorporates a payment system based on availability and a toll system that is managed, not by the concessionaire, but by the Ontario government itself through Cantoll. Engine of development This toll road plays a key part in the economic development of the eastern end of the GTA (Greater Toronto Area). The project will spur the creation of more than 13,000 new jobs, thereby contributing to the creation of employment in Canada and stimulating its economic growth. The Construction Stage The 407 East Extension Phase 1 project consists of new construction and realignment of 22-mile, four to six-lane, limited access all-electronic toll highway. The project includes: 11 interchanges, 31 major water crossings and 16 road crossings. Ferrovial Construction serves as lead contractor responsible for design and construction under a lump-sum, fixed-price and fixed-schedule. $ 771 M Construction Value

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