Purple Line's new JV contractor Dragados-OHL will start in spring as state approves its contract on Jan. 26. Construction tab now is $3.4B, with opening four years past original estimate, say officials.
Three teams are shortlisted to submit proposals to design, build, operate and maintain major existing non-tolled interstate bridges under 20- to 30-year concession agreements.
Unidentified losing bidder challenges state's choice to develop tolled lanes on 48 miles of I-495 ring road around Washington, DC and feeder highway I-270.
Facing a multi-billion-dollar highway maintenance funding gap, the agency will consider public-private partnerships to address major bridge reconstruction and rehabilitation projects.
As risks rise higher on fixed-price P3 and other projects for builders, financiers and owners, participants refine—and rethink—their delivery strategies.
