Procurement
TerraMarine is preferred for Roberts Bank, with the target-price agreement still ahead
Vancouver Fraser Port Authority has chosen TerraMarine for the next stage of Roberts Bank Terminal 2's landmass and wharf package. The team now works through design, logistics, cost and schedule with the authority, First Nations and regulators. A target-price design-build agreement comes later, after the initial work and financial close.
What changed
The 13 July Vancouver Fraser Port Authority release is explicit that TerraMarine is preferred proponent subject to final negotiations. It also says the target-price design-build agreement follows sufficient initial work and financial close. Canada's 16 July Gateway Strategy record keeps the project in regulatory and project planning, while the federal and provincial decisions define the approval and compliance boundary. The component map is from the authority's 2013 project description and is used only to explain the planned marine interfaces; it is not current design or construction evidence.
Why it matters
The package is the marine core of the terminal: landmass, wharf, berth pocket, causeway widening and tug-basin expansion. The delivery team is now identifiable; price, final design, finance and mobilisation remain open.
Decision read
What remains open
Preferred-proponent selection narrows the field from three teams to TerraMarine, but it does not authorize construction. The collaborative phase still has to price the approved concept within the federal decision conditions. The decisive documents are the signed target-price contract, financed scope, environmental controls, material routes and executable programme.
Next watchpoints
- Finalization of negotiations and the initial development scope
- Executed target-price design-build agreement and disclosed commercial terms
- Financial close and remaining fisheries authorization
- Final landmass, wharf, berth-pocket, causeway and tug-basin design
- Reclamation fill, dredging and material-management plan
- Marine logistics beside existing Roberts Bank operations
- Mobilisation and early works in the late-2027 target window
- Land reclamation start against the 2028 target
Knowledge context
Related knowledge topics
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Sources used 4
- Preferred construction partner selected for Roberts Bank Terminal 2 Project Vancouver Fraser Port Authority via GlobeNewswire, 13 July 2026
- Port of Vancouver Gateway Strategy Government of Canada, Major Projects Office, 16 July 2026
- Minister's Environmental Assessment Decision Statement Impact Assessment Agency of Canada, 20 April 2023
- Roberts Bank Terminal 2: Project Description Vancouver Fraser Port Authority / British Columbia Environmental Assessment Office, September 2013
Corrections and methodology
Facts are dated to the source record above. IMWO updates the brief when procurement, award, delivery, or scope evidence materially changes.
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