RICHMOND – A list of private-sector teams have been advanced to further stages of review in the Request of Qualifications (RFQ) process regarding the delivery of I-66 Outside the Beltway project in Northern Virginia.
The Virginia Department of Transportation (VDOT) issued the RFQ last month for interested private sector teams to share their resources, qualifications and experience to deliver the $2.1 billion project under the Public Private Transportation Act (PPTA).
Interested teams have submitted qualifications statements that have been reviewed by VDOT in coordination with the Virginia Department of Rail and Public Transportation and the Virginia Office of Public Private Partnerships.
The shortlisted teams, listed in alphabetical order below, have been asked to provide more information in the second part of the RFQ process.
Design-Build-Finance-Operate-Maintain Teams
Similar to the 495 and 95 Express lanes, a private entity would contract to design, build, finance, operate and maintain the facility, taking the associated risks for the project for up to a 50-year period. Under a toll revenue concession, the commonwealth may make a public contribution towards the financing of the project.
- Express Partners:
Equity: Transurban (70%) / Skanska (30%)
Lead Contractor: Skanska / Archer Western
- I-66 Express Mobility Partners:
Equity: Cintra (50%) / Meridiam (50%)
Lead Contractor: Ferrovial Agroman / Allan Myers
- Transformative Solutions Partners:
Equity: InfraRed (42.5%) / Isolux (42.5%) / Fluor (15%)
Lead Contractor: Fluor / Granite / Lane
Design-Build-Operate-Maintain Teams
The state would finance the project and collect the toll revenues, but the private sector would take the risk in designing, building, operating and maintaining the project for up to 15 years.
- Express Partners:
- Lead Contractor: Skanska (50%) / Archer Western (50%)
- Lead Operations and Maintenance (O&M): Transurban
- I-66 Corridor Development Group:
- Lead Contractor: Dragados (42.5%) / Flatiron (42.5%) / Shikun & Binui (15%)
- Lead O&M: ACS / HOCHTIEF
- I-66 Express Mobility Partners:
- Lead Contractor: Ferrovial Agroman (70%) / Allan Myers (30%)
- Lead O&M: Cintra
- Transform I-66 Express Partners LLC:
- Lead Contractor: Shirley (39%) / Facchina (24%) / Trumbell (19%) / Wagman (18%)
- Lead O&M: VINCI
- Transformative Solutions Partners:
- Lead Contractor: Fluor (40%) / Granite (30%) / Lane (30%)
- Lead O&M: Fluor / URS
Design-Build-Alternative Technical-Concepts Teams
The state would finance the project, collect toll revenues as well as operate and maintain the project while the private sector would take the risk in designing and building the project and be able to come up with engineering savings during the bidding process, which cannot be considered under a design-build procurement.
- I-66 Corridor Development Group:
- Lead Contractor: Dragados (42.5%) / Flatiron (42.5%) / Shikun & Binui (15%)
- I-66 Express Mobility Partners:
- Lead Contractor: Ferrovial Agroman (70%) / Allan Myers (30%)
- Skanska / Archer Western JV:
- Lead Contractor: Skanska (50%) / Archer Western (50%)
- Transform I-66 Express Partners LLC:
- Lead Contractor: Shirley (39%) / Facchina (24%) / Trumbell (19%) / Wagman (18%)
- Transformative Solutions Partners:
- Lead Contractor: Fluor (40%) / Granite (30%) / Lane (30%)
Responses are due to VDOT by December 1, 2015 at 2 PM, which will require the short-listed teams to submit indicative financial models . After receiving and evaluating the private sector’s responses, VDOT will select a preferreddelivery option and issue a Request for Proposals seeking detailed information on the private sector’s approach to develop the Project and binding price proposals.
Online sources:
I-66 Outside the Beltway P3 and RFQ information:
I-66 Outside the Beltway project:
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