The Indiana Department of Transportation (INDOT) has suspended its work on the Illiana Expressway P3 pending a decision by Ilinois Gov. Bruce Rauner.
The project is now on hold until the Rauner administration, which is currently completing its review of the project, make a decision.
The Illiana Corridor is a proposed 50-mile access controlled highway that extends from I-55 in Illinois on the west to I-65 in Indiana on the east. The project is divided in the Illinois segment and the Indiana segment.
The corridor is located in Will County in Illinois and Lake County in Indiana. The Illinois Department of Transportation (IDOT), the Indiana Finance Authority (IFA) and Indiana Department of Transportation (INDOT) planned to begin construction on the Illiana Corridor in the spring of 2015.
There are two tender processes currently open for investors.
In January 2014 we reported that IDOT received Statements of Qualifications (SOQs) from five teams to design, build, finance, maintain and operate the Illinois portion of the Illiana. Also In January 2014 we reported that IFA / INDOT received six responses to the RFQ. Later in March 2014 IFA / INDOT shortlisted four of the six teams.
In December 2014 the Federal Highway Administration (FHWA) signed the Illiana Corridor Tier Two Record of Decision, marking the completion of the project's environmental planning phase.