Virginia Releases Draft P3 Pipeline for 2013 for Industry Comment

After achieving several P3 project milestones and awards in 2012, Virginia’s Office of Transportation Public-Private Partnerships (OTP3) on behalf of the Commonwealth of Virginia released a draft document entitled “2013 Virginia PPTA Project Pipeline” for public comment.  The document identified the following 10 projects as potential P3 projects to be procured under Virginia’s Public-Private Transportation Act:

  • I-66 Corridor Improvements
  • Air Rights Development
  • I-64 HOV to HOT Lane Conversion
  • I-64 Peninsula Improvements
  • Hampton Roads Crossing Improvements
  • I-73 Corridor
  • Route 460 / 58 Connector
  • I-495 Express Lanes Extension
  • Cell Towers / Fiber Optic within Right of Way
  • Route 460 / I-85 Connector

There is a 30-day comment period ending on August 1, 2013.  Also, the OTP3 will be hosting a webinar on July 22, 2013 at 1:30 pm eastern to discuss the draft 2013 Virginia PPTA Project Pipeline in more detail.  Additional information can be found at the OTP3 website.

Global Recognition of US Infrastructure Projects and Transportation Agencies Continues at Partnerships Awards

As we previously reported in April, organizations that annually recognize top projects and industry organizations worldwide have proven that they are no longer focusing solely on mega-projects that are part of major design-build contracts.  This was apparent at the Partnerships Awards hosted by Partnerships Bulletin and PPP Bulletin International on May 23, 2013, where numerous US agencies and projects received recognition.

The Commonwealth of Virginia’s Office of Transportation Public-Private Partnerships received the distinction of Best Central/Regional Government PPP Promoter, recognized for its work on some of the largest infrastructure projects currently taking place in the US, including the 95 Express Lanes project and the Midtown Tunnel.  Continuing their winning streak, Dusty Holcombe, Deputy Director of the Virginia Office of Transportation P3, was also honored for Best Individual Contribution. 

Also receiving recognition, Presidio Parkway was "Highly Commended" for Best Transport Project, essentially making it one of top three transport projects in world.  This $1.1 billion project was the first to be delivered under California’s P3 law, and only the third anywhere in the United States to be developed through an availability payment structure.

We would also like to recognize Ernst & Young for being named Best Financial Adviser and KPMG for being “Highly Commended” in the same category.  Congratulations also to Arup for being named Best Technical Adviser.

The Partnerships Awards recognize people and projects from around the world for innovation, inspiration and collaboration.  Entries are first reviewed by an 80-plus expert panel before going on to the 20 head judges. 

Congratulations to all the agencies and their private partners involved in these projects for this highly-deserved recognition.

Virginia Releases P3 Public Outreach Materials

A key element of a successful P3 program is an effective and comprehensive public outreach strategy.  Demonstrating why Virginia remains a leader in closing P3 transportation deals, the Virginia Office of Transportation Public-Private Partnerships (OTP3) recently prepared a variety of fact sheets, presentations and FAQs focusing on different aspects of P3s in Virginia.  The materials can be found at the OTP3 website.

These materials were prepared in cooperation with the Public Private Transportation Act Working Group.  This group was established in June 2012 to solicit ideas and feedback on how to improve public involvement in P3 development and procurement, and consists of elected officials as well as private and public sector stakeholders.