Joint Venture Team Drops Bid For Missouri's 800-Bridge Rehab
A joint venture team of Bilfinger Berger BOT Inc., Parsons Transportation Group, VMS and DEPFA Bank has withdrawn from the procurement process for a design-build-finance-maintain contract to rebuild 800 of Missouri’s bridges, leaving three prequalified teams left to submit proposals for the Safe & Sound Bridge Improvement Plan.
Missouri Dept. of Transportation will select a team this summer to replace or improve more than 800 bridges by the end of 2012, then maintain them in good condition for a minimum of 25 years. It estimates the contract will entail some $600 million in design and construction.