Yesterday the clock struck 4 p.m. in Anchorage, Alaska, the deadline for the P3 industry to submit statements of qualifications for the Knik Arm Crossing project. The public sponsor, Knik Arm Bridge and Toll Authority (KABATA), found on its desk statements from six experienced teams. This level of interest in a U.S. P3 project has few parallels.
Here are the six teams:
Knik Bridge Partners
Bechtel Enterprises Holdings
CSEC Holding Company, Inc.
China State Construction International Holdings, Ltd
Bechtel Infrastructure Corporation
CCA Civil, Inc.
Finley Civil ...
On Sept. 19, 2011, the Georgia Department of Transportation (GDOT) sent a press release announcing that GDOT issued the final Request for Proposal (RFP) for the West by Northwest Project. The RFP was provided to three short-listed proposers, comprised of several national and international developers and contractors. Brandon Beach, P3 Committee Chair of the State Transportation Board, viewed the issuance of the RFP as further evidence that GDOT’s P3 program is vibrant and continuing to make huge strides in coordinating these mega-projects with our partner agencies.
Responses ...
USDOT’s TIFIA Office is hiring a new lead negotiator/financial policy advisor and a financial analyst. Both positions are based in Washington, DC, and applications are due September 21st.
The ideal candidate for the lead negotiator position will be a senior finance expert who has negotiated transportation finance and/or infrastructure project finance credit agreements as practiced in domestic and international capital markets.
For the financial analysts role, the ideal candidate is a mid-level professional with experience in the financial operations and practices of ...
We are pleased to report that AB 294--the bill that was the subject of our blog yesterday--is no longer in play.
A last-minute amendment to California Assembly Bill 294, if passed, would wreak havoc on Caltrans and local agency plans to use design-build for state highway projects (Public Contract Code section 6800 et seq.) and to enter into public-private partnerships (P3s) for highway projects (Streets and Highways Code section 143).
The language added to the bill would preclude local agencies from hiring consultants to work on the projects, stating that all work must be done through Caltrans employees or consultants under contract with Caltrans. Project consultants are often hired well ...
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