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The Texas Transportation Commission has awarded the new Corpus Christi Harbor Bridge Replacement PPP project to a consortium composed by Flatiron and Dragados (ACS Group).
The Texas Department of Transportation (TxDOT) and the preferred bidder will now enter into final contract negotiations for the PPP project. Commercial closure is expected to be achieved by the fall of 2015.
The consortium beat out competition from three other teams that were shortlisted for the project last June:
The project involves the development of a new bridge over the Port of Corpus Christi Ship Channel between the Nueces Bay Causeway and State Highway 286 (crosstown expressway). The preferred bidder has proposed a cable-stayed bridge with a main span of about 500 m long, which will be the longest cable-stayed span in the United States.
The PPP project will include the design, build, finance and maintenance (DBFM) of the new bridge for a period of 25 years. It also includes the demolition of the existing bridge and the upgrade of US 181 and SH 286.
The new bridge will allow larger ships to access to the Port of Corpus Christi which is located in the western Gulf of Mexico, Texas. The port with a straight 14 m channel is the fifth-largest port in the United States in total tonnage. It handles over 6,000 vessels and over 80,000,000 tons of cargo annually.
We have recently reported about several road PPP projects in the US: