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Tag Archives: Florida

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

Florida Governor Signs New P3 Bill into Law

Posted in PPPs

On June 27th, Florida Governor Rick Scott signed a bill into law that gives counties, municipalities, school boards and other political subdivisions in the Sunshine State authority to enter into public-private partnership (P3) agreements for facilities that “serve a public purpose.”  The bill – HB 85 – authorizes P3s for a wide range of facilities,… Continue Reading

Port of Miami Tunnel: Digging Through Novel Risks

Posted in PPPs

The closing of the Port of Miami Tunnel Project deal was just short of miraculous, given the tight financial markets and the political ups and downs of the project procurement. Novel risk allocations helped ensure the success of the deal. The current issue of Public Works Finance includes an excerpted discussion of the risks and the way… Continue Reading