The Metro Gold Line Foothill Extension Construction Authority (“Authority”) has announced the completion of the Iconic Freeway Structure Design-Build Project (“Iconic Freeway Structure”) on-time and on-budget. Awarded to Skanska USA in 2010, the project involved the design and construction of the Gold Line Bridge, a 584-linear foot sculptural bridge. The $18.6 million dual track bridge… Continue Reading
On December 27, 2012, the Indiana Finance Authority (“IFA”) achieved commercial close of the East End Crossing project in southern Indiana, part of the broader Louisville-Southern Indiana Ohio River Bridges Project. WVB East End Partners, LLC (“WVB”), is the private counterparty for the East End Crossing project under an availability payment concession, a first for… Continue Reading
On December 17, 2012, the Board of the New York State Thruway Authority (“NYSTA”) unanimously approved award of the design-build contract for the Tappan Zee bridge replacement project to Tappan Zee Constructors, LLC (a consortium of Fluor Enterprises, Inc., American Bridge Company, Granite Construction Northeast, Inc., and Traylor Bros., Inc.). New twin spans will replace… Continue Reading
On November 16, 2012, the Indiana Finance Authority (“IFA”) selected WVB East End Partners (“WVB”) as the “Preferred Proposer” for IFA’s East End Crossing project in southern Indiana. WVB East End Partners is a joint venture consortium of Walsh Investors, LLC, VINCI Concessions S.A.S. and Bilfinger Berger PI International Holding GmbH, partnering with Walsh Construction… Continue Reading
On November 16, 2012, the board of the Indiana Finance Authority (“IFA”), with Governor Daniels in attendance, based on the recommendation of Kendra York, IFA’s Public Finance Director, approved the preliminary selection of WVB East End Partners as the preferred proposer for the East End Crossing project, Indiana’s second foray into public-private partnerships as a… Continue Reading
The Long Beach Board of Harbor Commissioners approved a $649.5 million dollar contract for the design and construction of a replacement for the Port of Long Beach’s obsolete and deteriorating Gerald Desmond Bridge.
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… Continue Reading
The just ended InfraAmericas P3 conference in New York City brought together virtually every active participant, public and private, in the U.S. transportation P3 industry. A number of public agencies showcased their plans and projects, and there was a palpable sense that opportunities to bring U.S. projects forward are growing significantly. Perhaps the project producing… Continue Reading