In 2017, a public transportation company began developing an Investment Plan for a billion dollar Bridge Replacement Project in the Lower Mainland, BC. The goal was to create a fully funded Investment Plan that would be approved by the company’s Board and endorsed by key external stakeholders. Cascadia Partners supported the client in the development of the Investment Plan, focused on the cost and funding models.
Cascadia accomplished the following activities during the project:
• Strategic Planning: Analyzed different financial funding models needed if the scope and cost varied, due to the project scope and costs still being determined with various stakeholders. Cascadia facilitated decision making sessions with senior executives from the Strategy, Finance, Legal and Engineering departments.
• Revenue & Funding Analysis: Analyzed different funding options (i.e. debt, grants, toll-revenues, cash reserves), working closely with the client’s Treasury and Finance teams, to assess the impact on cash flow and long-term financial metrics. One key deliverable was a 30-year toll-revenue model.
• Business Case Support: Drafted the funding chapter for a Provincial Business Case, gathering input from Finance, Treasury and Engineering.
• Funding Requests: Completed a comprehensive funding proposal to the federal government for grant funding from a federal infrastructure fund.
• Stakeholder Engagement & Documentation: Developed options papers, internal memos, and presentation material for the client’s executives, Board and political stakeholders.