• Posts by Racquel Muindi
    Associate

    Racquel Muindi represents public entities procuring public works projects.  She assists with the full scope of services, including pre-procurement, procurement package development, evaluation and selection, negotiations and ...

Posted in P3s, Ports

The State of Delaware and a subsidiary of Gulftainer Company Limited (Gulftainer) have finalized a concession agreement for the operation and further development of the 100-year-old Port of Wilmington (Port).

While the concession agreement signed on September 18, 2018 is not publicly available, it is expected, based on deal terms described in Port documents submitted in support of approval of the P3 transaction,[1] that the agreement grants Gulftainer exclusive rights to manage the Port for a 50-year term. In return, Gulftainer agrees to invest up to $584M in the Port in the first ...

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