Wednesday, September 30, 2015

Private Sector Invited to Share Qualification to Deliver I-66 Outside the Beltway Project

The Commonwealth Transportation Board (CTB) approved this week a resolution allowing the Virginia Department of Transportation (VDOT) to issue a Request for Qualifications (RFQ) for interested private sector teams to share their resources, qualifications and experience to deliver the $2.1 billion I-66 Outside the Beltway project in Northern Virginia under the Public-Private Transportation Act (PPTA).  
Issuing the RFQ will give VDOT, the Virginia Office of Public Private Partnerships and the Department of Rail and Public Transportation the information required to determine the preferred delivery method that will advance to development of the project under the PPTA. 
Part 1 of the RFQ is due to VDOT by October 1, 2015 at 2 PM, with shortlisted teams notified by October 15. Shortlisted teams will then be asked to respond to the second part of RFQ that asks for indicative financial models. Those responses are due by November 30. Based on their responses, VDOT will choose a preferred delivery option.
The VDOT would then issue a Request for Proposals for the preferred delivery option, which would seek detailed information on the private sector’s technical approach to develop the project and binding price proposals.
Online sources:
RFQ: 
I-66 Outside the Beltway P3 information:                                   
I-66 Outside the Beltway project:

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