Category Archives: Take Back Infrastructure

Mobile River bridge P3 funding glitch

The Alabama Department of Transportation this month failed to win a $250-million federal grant it was counting on to help entice bidders for a $1.5-billion revenue risk concession to develop and operate the I-10 Mobile River Bridge and Bayway widening … Continue reading

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OSU energy P3 not replicable

At a recent panel on P3 risk allocation, speakers agreed that the April 2017 contract reached between Ohio State and ENGIE North America to manage the university’s energy systems wasn’t likely to be repeated. The 50-year agreement is defined in … Continue reading

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Atkins to provide alternative delivery procurement services to TxDOT

In June, Atkins, a member of the SNC-Lavalin Group, was awarded a statewide procurement engineering contract to assist the Texas Department of Transportation (TxDOT) with alternative delivery procurement needs throughout the state. SNC-Lavalin acquired WS Atkins plc on July 3, … Continue reading

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NJ Senate President: Fund pension system with HOT lanes profits

In June 2018, the Economic and Fiscal Policy Working Group formed by NJ State Senate President Stephen Sweeney issued draft recommendations to build HOT Lanes on the New Jersey Turnpike and other roads near the state’s borders and to use any … Continue reading

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Elon Musk beats Meridiam for O’Hare Airport Express concession

In June, the Chicago Infrastructure Trust (CIT), on behalf of the city government, selected The Boring Company to design, build, finance, operate and maintain an underground express train service between O’Hare International Airport and the city’s central business district as … Continue reading

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Goethals Bridge P3 completed on time

The westbound span of the Goethals Bridge opened to traffic in late May 2018 on time and within the $934-million design-build budget set at financial close in April 2014, according to Rick Cotton, executive director of the Port Authority of … Continue reading

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Skanska/Kiewit jv passes on Hampton Roads Bridge Tunnel bidding

The joint venture of Skanska and Kiewit withdrew from the bidding for the $3.6-billion expansion of the Hampton Roads Bridge Tunnel in Virginia last month, leaving two other shortlisted teams still in the running. Skanska/Kiewit had submitted qualifications for an … Continue reading

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ACS refinances Montreal Autoroute 30 debt

On Thursday June 4, ACS Infrastructure Canada, Inc. successfully closed the CAD $1.218 billion of Senior Notes in a comprehensive refinancing of the project debt for its Autoroute 30 concession project. The refinancing was targeted mainly at large insurance companies … Continue reading

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Denver Eagle P3 Still Stuck In Regulatory Limbo

The private developers of the Denver Eagle commuter rail system are still struggling to gain final approvals for their $2.1-billion, 36-year DBFOM project so they can begin receiving availability payments and calm anxious bondholders. Civil works under the $1.3-billion design-build … Continue reading

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Champlain Bridge Audit Faults InfraCanada—by Dan Westell, PWF Canada

Canada’s auditor general has concluded the federal government did not make a well-supported decision in choosing a P3 option to replace the Champlain Bridge in Montreal. From deciding on a P3 before it had done the necessary analysis, and then … Continue reading

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