Lexpert Special Editions

Infrastructure September 2014

The Lexpert Special Editions profiles selected Lexpert-ranked lawyers whose focus is in Corporate, Infrastructure, Energy and Litigation law and relevant practices. It also includes feature articles on legal aspects of Canadian business issues.

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Lexpert®Ranked Lawyers P3 Realities | 17 Hammel, QC, Scott J. Miller Thomson LLP (780) 429-9726 shammel@ millerthomson.com Mr. Hammel's practice focuses on construction and commercial litigation. He is a Fellow of the Cdn. College of Construction Lawyers and has extensive trial and arbitration experience, both domestically and internationally. Hardwicke- Brown, Mungo Blake, Cassels & Graydon LLP (403) 260-9674 mhb@blakes.com Mr. Hardwicke-Brown's M&A, corporate fi nance and energy practice focuses on the natural resources and infrastructure industries. His experience embraces the petroleum, natural gas, oil sands, electricity, potash, pipelines and LNG sectors. Harricks, Paul H. Gowling Lafl eur Henderson LLP (416) 369-7296 paul.harricks@ gowlings.com Mr. Harricks leads Gowlings' Energy, Infrastructure & Mining Group. His transaction-based practice embraces infrastructure, energy and project fi nance. He acts for Canadian and international corporations, funds and fi nancial institutions. Harbell, James W. Stikeman Elliott LLP (416) 869-5690 jharbell@ stikeman.com Member of Partnership Board. Co-chair of National Energy and Toronto Real Estate Groups. Focuses on energy, infrastructure and real estate, M&A transactions, development, project fi nance and procurement for electricity, gas and government entities. Harquail, Michael R. Blake, Cassels & Graydon LLP (416) 863-2929 michael.harquail@ blakes.com Mr. Harquail advises lenders and borrowers of all types, with a focus on corporate banking, syndicated fi nance, asset-based lending, project fi nance, structured fi nance, subordinated debt and high-yield offerings. Haythorne, John S. Dentons Canada LLP (604) 691-6456 john.haythorne@ dentons.com Mr. Haythorne, Co- Leader National Infrastructure/ P3 Group. Also P. Engineer, focuses on PPP, infrastructure and construction law (hydro, hospital, road, biofuel, waste, transit), particularly contract negotiation and drafting and procurement. government might say, 'Do I need to maintain this road? Nobody's going to notice for 15 years but my election is just around the corner, I'd rather spend the money elsewhere.' "The P3 brings that reality to a private-sector context, where they have a long-term agreement to maintain the infrastructure to certain standards over 30 years. It re- moves the political inf luence over allocation of resources, so you have properly maintained infrastructure over the long term." In fact, what they do is transfer all the risk to the private sector, says Pennycook. "If the construction costs more than the fixed price, it's not the government's problem," she says. "It's not like reno- vating your house where everything ends up costing 'just a bit more.' It is more the case that here's the price and it has to be delivered to very skilled and rigorous technical standards for that price. "On the operating side, the facility has to be operated and maintained again to a very detailed and rigorous standard and, if it's not, there are penalties. So the obligation to per- form and the risk of managing increase costs go to the pri- vate sector but the government still maintains control that things are being done the way they contracted for them to be done. It's still owned by the government." Sandra Rubin is a freelance legal affairs writer. PHOTO: SHUTTERSTOCK

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