30 Jun 2013
Plenary and Serco Inc., working as a consortium, have announced that they have been awarded the 10-year contract to provide Driver Examination Services for the Ontario Ministry of Transportation (MTO).
The contract will generate an estimated $800 million in shared revenues over the contract term.
The successful bidders will provide application processing and the delivery of vision, knowledge and road testing across all license categories. Serco will oversee approximately 575,000 knowledge tests and 675,000 road tests annually at 95 testing centers across Ontario. Under the new contract, Serco’s role will be expanded to include upgrading and enhancing information technology solutions to improve processing, scheduling and the delivery of services to drivers.
“Serco proudly embraces the mission of the Ministry of Transportation to deliver high quality testing services throughout the province,” said Ed Casey, Serco’s Chairman and Chief Executive Officer. “Being awarded this re-compete contract will allow Serco to further our support for our client and continue to enhance road user safety throughout Ontario.”
Plenary is the developer, equity investor and debt arranger for the project. In this capacity, Plenary has made significant financial commitments to guarantee the consortium’s service delivery performance for the concession term.
“We are thrilled to be forging a new relationship with MTO and Serco,” said Brian Budden, Senior Vice-President of Plenary . “We look forward to building on our partnership over the next ten years and to ensuring excellence in service delivery and improved technology solutions to benefit Ontario’s drivers and travelers.”
The newly-widened and reconstructed Pembina Highway Underpass opened on September 27, as part of the Southwest Transitway (Stage…
27 September 2019
Plenary Roads Denver (PRD) has joined the Colorado Department of Transportation and its High Performance Transportation Enterprise at…
24 July 2015
Plenary Americas’ Connect 6ix consortium has achieved financial close on the $9B Ontario Line Rolling Stock, Systems, Operations…
17 November 2022
© Plenary 2022