Fraser Bend Bridge Rehabilitation

Total funding

$342,000 CAD

Key dates

• Progress report due (at 50% completion) — Expected Q1 2027
• Final completion report due — Within 60 days of project completion
• Quarterly financial statements begin — Starting three months after first payment is released

Reports required

• Progress report — Due at 50% completion, expected Q1 2027
• Final completion report — Within 60 days of project completion
• Quarterly financial statements — Starting three months after first payment released, then quarterly

Payment schedule

• 25% released upon signing
• 25% released upon completion of Phase 1 (deck replacement)
• 50% released upon final completion and provincial inspection sign-off
• 10% holdback of total funding released only after a Certificate of Substantial Completion is filed with CMHC

Since this is a bridge construction project, Gary will check in on things like phase progress (especially the Phase 1 deck replacement), whether engineer's stamped inspections have been filed at each phase, and whether quarterly financial statements and the required reports are on track — all tied to the payment milestones above.