Ville de Montréal 2010 Budget - Three-Year Capital Works Program for
2010-2012 - Montréal invests $3.1 billion in the city's future
However, the investment budget for 2010 will be 33% lower compared to that of 2009, because of a request by the Mayor of Montréal to review the entire process involving the granting and management of public contracts. This revision is underway and will result in improved efficiency. Consequently, the mechanisms involving bids and awarding public contracts, project management and supply mechanisms will be re-examined.
"I asked to rein in the Three-Year Capital Works Program in 2010, to give us time to adjust our management process. This strategic decision will help Montréal become a model city when it comes to awarding contracts, rigorous investment management and ethics. Once this exercise is completed, ratepayers will get more for their money, and the work will be completed at a lesser cost," said the Mayor of Montréal.
"The lower capital works program will give us the opportunity to follow up on our administration's pressing commitments, while continuing the work already underway. During that assessment period, additional work may be undertaken, if it involves public safety or the payment of financial assistance by government or a private partner," said Alan DeSousa, Vice-Chairman of the Executive Committee responsible for finance.
Other projects included in the 2010 capital works program will be awarded once the management framework has been reviewed.
Maintaining large economic and cultural development projects:
Economic development projects involving the Bonaventure Expressway, redevelopment of the L'Acadie-Chabanel sector, development of L'Île-des-Soeurs and Angus technopole, as well as the enhancement of the boulevard De Maisonneuve in the
In the field of culture and heritage, the flagship Quartier des spectacles project will continue with investments of
Investing in the Nature Museums
Approximately
Once completed, these investments will enable the Nature Museums complex to become the first facility in the world dedicated to Man and nature.
Investing in sports facilities
A sum of
Continuing projects to upgrade water and road infrastructures
Investments in water infrastructures will reach
Montréal will invest
"The investments that we will be making over the next three years will help to improve the quality of life of Montrealers, while positioning our metropolis on the international scene as a creative city," concluded
For further information: Patricia Lowe, Relations avec les médias, (514) 872-5467; Source: Darren Becker, Cabinet du maire et du comité exécutif, (514) 872-6412
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