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Saskatchewan schools being built using P3 model; government says $100M saved

REGINA — The Saskatchewan government says the province is saving almost $100 million by using private-sector and public money to build 18 joint-use schools.

A government release says the cost to build and maintain the schools would have been $735 million, but 13 per cent is being shaved off using the P3 model.

The schools are to be built in Saskatoon, Regina, Warman and Martensville.

It's expected they will be completed by September 2017.

About one-third of the savings is due to reduced construction costs on nine joint-use sites.

Joint-use schools share a roof and spaces such as gymnasiums, multipurpose rooms, community resource centres and child-care spaces.

“These schools will stay in better condition, be finished faster, and cost millions less than if the government did this project without a public-private partnership,” SaskBuilds Minister Gordon Wyant said Tuesday in the release.

(CKOM, The Canadian Press)

CKOM, The Canadian Press

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