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Tag Archives: FDOT

Florida Department of Transportation Reaches Commercial and Financial Close on I-4 Ultimate Project

Posted in PPPs, Tollroads/ Turnpikes/ Managed Lanes

The Florida Department of Transportation reached commercial and financial close on the I-4 Ultimate Project in the urban Orlando area.  The $2.3 billion deal is the third transportation P3 project in Florida developed through an availability payment structure, and is the largest availability payment transaction ever undertaken in the United States. FDOT entered into an… Continue Reading

Port of Miami Tunnel Open for Traffic

Posted in PPPs, Tunnels

On August 3, 2014, the Florida Department of Transportation (FDOT) and the Port of Miami achieved an important milestone when the est. $1 billion Port of Miami Tunnel opened for traffic.  The project consists of twin tunnels under Biscayne Bay linking Port facilities on Dodge Island with a widened MacArthur Causeway and I-395.  One of… Continue Reading

FDOT Announces Apparent Best Value Proposer for I-4 Managed Lanes Project

Posted in PPPs

The Florida Department of Transportation (FDOT) announced today that it has selected I-4 Mobility Partners as the apparent best value proposer to design, build, finance, operate and maintain the I-4 Ultimate project.  The I-4 Ultimate project contemplates a 40-year availability payment contract at a total design and construction cost of $2,323,000,000.00 in year of expenditure dollars.  This cost… Continue Reading

Florida I-595 Express Lanes Open

Posted in PPPs

On March 26, the Florida Department of Transportation (FDOT) celebrated the grand opening of the $1.2 billion I-595 Express Corridor Improvements Project (Project) in Broward County, Florida.  The Project is the nation’s first Availability Payment public-private partnership and the first public-private highway deal in Florida. The Project consists of the reconstruction of the I-595 mainline… Continue Reading

FDOT Receives Financial Proposals from Four Teams for I-4 Ultimate Project

Posted in PPPs

The Florida Department of Transportation (FDOT) announced yesterday that it received four financial proposals in response to a Request for Proposals issued by FDOT on October 11, 2013 for the I-4 Ultimate Project.  On June 5, 2013, FDOT announced a shortlist of four proposers, all of whom submitted financial proposals yesterday and technical proposals on… Continue Reading

FDOT Receives SOQs for I-4 Ultimate Project

Posted in Tollroads/ Turnpikes/ Managed Lanes

The Florida Department of Transportation (FDOT) announced on April 19, 2013 that it accepted Statements of Qualifications (SOQs) from seven proposers in response to a Request for Qualifications for the I-4 Ultimate Project.  The list of proposer teams may be found at the I-4 Ultimate Project website. The project involves the reconstruction of over 21… Continue Reading

Florida Department of Transportation Issues Request for Qualifications for the I-4 Ultimate Project

Posted in Tollroads/ Turnpikes/ Managed Lanes

On March 12, 2013, the Florida Department of Transportation (FDOT) issued a press release regarding their publication of a Request for Qualifications (RFQ) soliciting statements of qualifications from prospective private entities for development and implementation of a public-private partnership for the $2 billion+ Orlando-area project.  FDOT is seeking a private firm that is experienced in… Continue Reading

DBIA Announces the 2013 Design-Build in Transportation Leadership Awards

Posted in Design-Build

The Design-Build Institute of America announced today the 2013 Design-Build in Transportation Awards, which will be presented on March 19, 2013 at the 2013 Design-Build in Transportation Conference in Orlando, Florida. The California Department of Transportation was named 2013 Transportation Owner Agency of the Year.  Caltrans has made great strides with design-build recently through its… Continue Reading

Florida Department of Transportation Closes $900 million Port of Miami Tunnel Project PPP

Posted in Financing, Ports, PPPs, Tollroads/ Turnpikes/ Managed Lanes

The Florida Department of Transportation (FDOT), announced at a press conference in Miami today that it has reached financial close on the Port of Miami Tunnel Project.  FDOT, in partnership with Miami-Dade County and the City of Miami, entered into an agreement with MAT Concessionaire, LLC (MAT) which includes Meridiam Infrastructure Finance, S.a.r.l. and Bouygues Travaux… Continue Reading

FDOT I-595 Project Helps Sweep ARTBA PPV Awards

Posted in PPPs

The Florida Department of Transportation’s I-595 project and its public and private partners won several awards at this year’s American Road & Transportation Builders Association (ARTBA) P3 conference. “It’s pretty much a Florida sweep,” declared Pamela Bailey-Campbell, ARTBA Public Private Ventures Division president, as she announced the recipients of the Project, Public Sector Entrepreneur, and… Continue Reading