REGINA, SASKATCHEWAN - Saskatchewan’s Global Transportation Hub (GTH) has contracted Colliers International as the facility’s new management services provider following a rigorous selection process that drew strong interest from proponents across Canada.
Effective October 1, 2019, Colliers International will manage, operate and market the GTH under the direction and authority of a Board of Directors that will continue to oversee land sales, financial performance and regulatory activities. The composition of the Board and future governance structure are currently being finalized.
The Request for Proposals (RFP) was distributed through the Government of Saskatchewan’s tendering system in March 2019. Colliers International was the highest ranked proponent from a short list of qualified companies, following a process where over 50 vendors downloaded the RFP with nine participating in onsite briefings and five submitting comprehensive proposals.
Myers Norris Penny (MNP) was contracted as a Fairness Advisor to assist the GTH selection committee through the competitive bid process. The seven-member committee was comprised of four directors from the GTH board and one representative from SaskBuilds, Crown Investments Corporation (CIC) and Saskatchewan’s Ministry of Finance.
Background information and supporting documents related to the procurement and selection process are available at www.thegth.com.
Honourable Don Morgan, Minister Responsible for the Global Transportation Hub, Government of Saskatchewan
"Over the last decade, the GTH has laid the foundation for success by attracting key industry leaders and developing essential infrastructure. The combination of private-sector expertise and high-quality infrastructure presents an exciting opportunity to build on this foundation and generate significant financial returns for the Province of Saskatchewan and tremendous economic opportunities for all GTH stakeholders."
Richard Jankowski, Managing Director (Saskatchewan), Colliers International
"We believe in the potential for the GTH to become a major economic stimulus for Saskatchewan. We are committed to making this project successful and recognize this is a long-term project that requires sustained effort. We’re confident that our insight into the local market combined with our fully-integrated service lines, as well as our international experience and reach, make us the right fit for this project. Our team is looking forward to getting work underway immediately."
Matt Schroeder, Acting President and Chief Executive Officer, Global Transportation Hub
"We are pleased to join forces with Colliers International to help unlock the potential of the GTH as a driver of trade and export development across Saskatchewan. Colliers is a proven leader in industrial land sales, marketing and property management and, in this case, presented the best value option for taxpayers. Their expertise and depth of experience will help advance the GTH as a destination inland port and economic driver for all of Saskatchewan."