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Infrastructure/PPP news in (USA) United States of America

MegaProject 1332: Local contractors win US$1.4 billion highway modernisation P3 in Michigan

MegaProject 1332: Local contractors win US$1.4 billion highway modernisation P3 in Michigan

🕔Sep 13, 2018

The Michigan Department of Transportation (MDOT) has announced that the Oakland Corridor Partners team is the preferred bidder to design, build, finance and maintain a segment of the Interstate Highway 75 (I-75). The final cost of the project is currently estimated at US$1.4 billion.

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MegaProject 1329: LA Airport Board selects preferred bidder for rent-a-car facility P3

MegaProject 1329: LA Airport Board selects preferred bidder for rent-a-car facility P3

🕔Sep 10, 2018

Los Angeles World Airports (LAWA) Board of Airport Commissioners (BOAC) has approved L.A. Gateway Partners (LAGP) as the Recommended Developer to design, build, finance, operate and maintain a Consolidated Rent-A-Car (ConRAC) Facility at Los Angeles Airport (LAX), located in southern California, USA.

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MegaProject 1324: US$350 million bonds to be issued to finance US$3.5 billion Canada-USA bridge PPP

MegaProject 1324: US$350 million bonds to be issued to finance US$3.5 billion Canada-USA bridge PPP

🕔Aug 31, 2018

Bridging North America (BNA), a consortium consisting of ACS Group, Aecon Group and Fluor Corporation, is issuing CAD454.5 million (US$350.9 million) in medium to long-term bonds to finance the construction of the Gordie Howe International Bridge. BNA was awarded a contract to design, build, finance, operate and maintain the bridge in June.

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MegaProject 1318: US$650 million road P3 project in North Carolina to be renegotiated

MegaProject 1318: US$650 million road P3 project in North Carolina to be renegotiated

🕔Aug 22, 2018

The Transportation Secretary of North Carolina, a state in the south-east of the USA, has responded to calls to cancel the I-77 express lanes P3 project by publishing proposals to improve the contract to address opponents' concerns, as outright cancellation is not possible.

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MegaProject 1317: Aecon rejoins consortium awarded US$3 billion Canada-USA bridge P3

MegaProject 1317: Aecon rejoins consortium awarded US$3 billion Canada-USA bridge P3

🕔Aug 21, 2018

Aecon Group has announced that it has received approval to rejoin Bridging North America, the team selected as the Preferred Proponent to design, build, finance, operate and maintain the Gordie Howe International Bridge through a public-private partnership valued at over CAD4 billion (US$3.06 billion).

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MegaProject 1292: ACS and Fluor selected for US$3 billion USA-Canada bridge PPP

MegaProject 1292: ACS and Fluor selected for US$3 billion USA-Canada bridge PPP

🕔Jul 9, 2018

The Bridging North America consortium, which comprises affiliates of ACS Group and Fluor, has been named Preferred Proponent by Windsor Detroit Bridge Authority to design, build, finance, operate and maintain the Gordie Howe International Bridge, which will connect Canada and USA.

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MegaProject 1286: RFQ issued for US$230 million P3 in Oklahoma

MegaProject 1286: RFQ issued for US$230 million P3 in Oklahoma

🕔Jun 25, 2018

The Oklahoma Turnpike Authority has published a Request for Qualifications (RFQ) for the Gilcrease Expressway West P3 project. The authority is seeking interested and qualified firms to construct and finance an 8km expressway on the west side of Tulsa, Oklahoma, located in the south-central region of the USA. The estimated construction cost is US$230 million.

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Edgemoor and Star America win Maryland courthouse PPP

Edgemoor and Star America win Maryland courthouse PPP

🕔Jun 22, 2018

Edgemoor-Star America Judicial Partners (ESJP), comprised of Edgemoor Infrastructure & Real Estate and Star America Infrastructure Partners, has been selected by Howard County as its preferred partner to design, build, finance, operate and maintain (DBFOM) a new Circuit Courthouse.

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MegaProject 1285: Los Angeles approves PPP for US$950 million civic centre

MegaProject 1285: Los Angeles approves PPP for US$950 million civic centre

🕔Jun 22, 2018

The City of Los Angeles’ Municipal Facilities Committee has recommended a public-private partnership (PPP) for the development of a new civic centre in the city, which is located in Southern California, south-west USA.

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MegaProject 1281: US government deny US$250 million grant to Alabama bridge PPP

MegaProject 1281: US government deny US$250 million grant to Alabama bridge PPP

🕔Jun 18, 2018

Alabama Department of Transportation (ALDOT)'s application for a US$250 million grant for the I-10 Mobile River Bridge and Bayway Widening PPP project to the US Department of Transportation's Infrastructure for Rebuilding America (INFRA) funding programme has been rejected, threatening the future of the project.

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MegaProject 1280: Chicago Express Loop PPP awarded to Elon Musk's Boring Company

MegaProject 1280: Chicago Express Loop PPP awarded to Elon Musk's Boring Company

🕔Jun 14, 2018

The Chicago Infrastructure Trust (CIT), on behalf of the city government, has selected The Boring Company to design, build, finance, operate and maintain an underground express train service between O'Hare International Airport and the city's central business district.

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MegaProject 1278: US$4.9 billion Automated People Mover P3 at LA Airport achieves financial close

MegaProject 1278: US$4.9 billion Automated People Mover P3 at LA Airport achieves financial close

🕔Jun 12, 2018

Members of the LAX Integrated Express Solutions (LINXS) joint venture team have announced that the Automated People Mover (APM) project at Los Angeles International Airport (LAX) has reached financial close. The project is valued at approximately US$4.9 billion by Los Angeles World Airports (LAWA), which includes all design, construction, commissioning, operations and maintenance costs over the 30-year concession period.

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US$135 million secured for hospital redevelopment in Chicago

US$135 million secured for hospital redevelopment in Chicago

🕔Jun 1, 2018

Civic Health Development Group has secured a US$135 million loan to redevelop a derelict hospital in Chicago, envisaged as a US$1 billion home for hotels, medical offices, retail space, apartments and more.

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MegaProject 1264: EY recommends P3 for US$8 billion Honolulu rail project

MegaProject 1264: EY recommends P3 for US$8 billion Honolulu rail project

🕔May 22, 2018

Ernst & Young (EY) Infrastructure Advisors has advised the Honolulu Authority for Rapid Transportation (HART) that the long-delayed completion of the rail transit system in the city should be undertaken through a public-private partnership.

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KKR Global Infrastructure Investors III achieves US$6 billion first close

KKR Global Infrastructure Investors III achieves US$6 billion first close

🕔May 8, 2018

US private equity firm KKR has closed its Global Infrastructure Investors III for the first time at US$6 billion

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MegaProject 1253: Authorities consider PPPs for US$6 billion transit corridors in Miami

MegaProject 1253: Authorities consider PPPs for US$6 billion transit corridors in Miami

🕔May 4, 2018

Miami-Dade County in Florida, USA, has issued a Request for Information (RFI) for potentially developing six transit corridors through public-private partnerships. In 2016 the development of the corridors, which collectively span around 75 miles, was valued at US$6 billion.

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Washington, D.C. seeking qualifications and proposals for rehabilitation of police headquarters

Washington, D.C. seeking qualifications and proposals for rehabilitation of police headquarters

🕔Apr 27, 2018

The Mayor of Washington, D.C. and the Office of Public-Private Partnerships (OP3) have released a Request for Alternative Proposals-Qualifications (RFAP-Q) for the rehabilitation of the Henry J. Daly Building, which currently serves as headquarters for the Metropolitan Police Department (MPD).

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VINCI Airports acquires global airport portfolio

VINCI Airports acquires global airport portfolio

🕔Apr 25, 2018

OMERS Infrastructure has announced that it has entered into a definitive agreement to sell its interests in Airports Worldwide (AWW) to VINCI Airports. AWW owns nine new airports (two freehold property, three concession, four management contracts) and three partial management contracts in American airports.

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MegaProject 1246: Final RFP released for US$1 billion rent-a-car P3 at Los Angeles airport

MegaProject 1246: Final RFP released for US$1 billion rent-a-car P3 at Los Angeles airport

🕔Apr 24, 2018

Los Angeles World Airports (LAWA) has released of the final RFP to design, build, finance, operate and maintain (DBFOM) the Consolidated Rent-a-Car (ConRAC) facility at Los Angeles International Airport (LAX), in southern California, USA. The estimated total investment of the project is reportedly US$1 billion.

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Yilport Holding planning investment in Mississippi port

Yilport Holding planning investment in Mississippi port

🕔Apr 13, 2018

Yilport Holding A.S., a subsidiary of Yildirim Group of Companies, has announced that it has executed a letter of intent with the Mississippi State Port Authority to allow for due diligence and negotiations regarding an investment in the Port of Gulfport, Mississippi, USA. The company would commit to investing in additional facility and equipment upgrades.

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