New measures include creating opportunities for more competition in P3s by accounting for international experience, opening P3 projects to greater innovation by making output specifications less prescriptive and rebalancing the Infrastructure Ontario bid evaluation criteria to better reward design innovation. “We want to attract investment and expertise from around the globe because we believe more opportunity for private-sector innovation and increased competition leads to value for taxpayers and provides the best performers with opportunities to prove their advantage,” said McNaughton in a statement READ HERE
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