Land or building sales
When Hydro-Québec no longer needs a building or piece of property, the asset may be sold. All sales of assets are at market value within a structured process to ensure fairness and maximum return for the government and taxpayers.
Land or building rentals
Some Hydro-Québec property may seem unused but is actually slated for future use and is therefore not for sale. However, if Hydro-Québec decides that the value of an underused or unused asset could be increased through temporary occupation or secondary use (e.g., a transmission line right-of-way), that asset might then be leased.
The lease is based on the market value and must comply with the following principles:
- Asset sustainment
- Protection of property rights with a view to the operation of current and future facilities
- Asset retention
- Protection of natural, historical and archaeological heritage
- Compliance with all applicable laws and regulations
- Compliance with company standards respecting the use of real estate assets to ensure the protection of persons
Requests for proposals
In the interest of transparency and fairness, Hydro-Québec may dispose of property through requests for proposals (RFPs). This process may be used for properties of significant value that Hydro-Québec no longer needs for its operations.
RFPs are posted on Hydro-Québec’s website and published in regional newspapers.
Closing dates and contact information are indicated in the RFP document.