Beaverlodge is renewing its contract with P3 Capital Partners to have the company continue to consult the town on replacing its health complex.
In a letter to council received during Monday’s meeting, P3’s Doug Horner requested a renewal of its contract for another five months.
“We believe that we should be able to find your partner and negotiate the letter of intent by Aug. 21,” Horner wrote.
The Town of Beaverlodge established the Mountview Health Complex Committee (MHCC) last spring to pursue hospital replacement utilizing private funds, with P3 Capital Partners.
Once complete, the facility would be leased to Alberta Health Services.
Beaverlodge mayor Gary Rycroft told the News last week AHS had sent MHCC a letter of intent to lease the space, though there is no final agreement yet.
In January the town issued a request for partnership (RFP) titled “Mountview Health Care Campus” to the provincial online resource Alberta Purchasing Connection, open until March 15.
MHCC is seeking an operator or capital partner to contribute capital and expertise.
Horner wrote he was eager to “see the consortiums that are bidding on the project.”
P3 began consulting MHCC in April 2020 and its contract to advise the town expires March 31, Horner noted.
On Monday Coun. Hugh Graw’s motion to renew the contract was carried unopposed.
The estimated consultancy cost is up to $208,000; that covers 17 months of services from April 2020 to the end of August 2021.
The County of Grande Prairie confirmed it would contribute $104,000 toward that cost in February of this year.
The health complex would be built on the 22 acres donated to the town by the McFarlane family approximately a decade ago.
Brad Quarin, Local Journalism Initiative Reporter, Town & Country News