MODOT launches RFI for I-70 highway PPP

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MODOT launches RFI for I-70 highway PPP

The Missouri Department of Transportation (MDOT), in the United States, has launched a request for information (RFI) for the I-70 highway PPP project.

As an initial step in the solicitation process, the RFI has been prepared to assist the MDOT in fully understanding the scope of services available. After receiving the RFI responses, the State of Missouri may begin drafting a formal request for proposal (RFP) document and conduct a competitive procurement process.

The project would reconstruct and expand Missouri's "Main Street" - the 200 miles from east of I-470 in Independence(Kansas City) to I-64/Route 40/61 near Wentzville(St. Luis).

According to MDOT's website the project:

"can be done with a public-private partnership (P3), a contractual arrangement between MoDOT and a private sector entity in which the skills and assets of both parties would be used to deliver this critical improvement. Private sector investment would be repaid by I-70 users through a toll. A tolled facility would have a dedicated revenue stream to pay for its operation, maintenance and future condition and safety needs."

The total project investment is estameted to be between US$2 billion and US$4 billion.

Interested parties must submit their ideas (traffic engineering, IT solutions, innovative ways of funding transportation infrastructure, etc) on or before 16 November.

See RFI announcement:

http://www.modot.org/bidding/documents/RFIR2Tfinal.pdf

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