The Interstate 285/S.R. 400 interchange reconstruction, Georgia’s first public-private partnership to be financed with a tax-exempt bank loan, has received a notice to proceed.
On March 2, SH 130 Concession Co. LLC—the private entity that designed and built and now operates and maintains Segments 5 and 6 of SH 130, a 41-mile portion of the total 91-mile roadway—filed for Chapter 11 protection in the Western District of Texas.
The landscape of alternative construction project delivery, such as design-build and public-private partnerships (P3s) in the freight and rail transportation industries is rapidly evolving as alternatives to the traditional design-bid-build delivery method.
