LaGuardia P3 Still a Vision

Three years after answering an RFI for replacing the Central Terminal Building (CTB) at LaGuardia Airport, the two remaining DBFOM teams competing for the $3.6-billion availability payment project have been sidelined until New York Gov. Andrew Cuomo decides what the New York City airport system should look like 50 years from now.

The two remaining proposers are led by Goldman Sachs/Aéroports de Paris Management/Tutor Perini; and by Morgan Stanley/Meridiam/Vantage/Skanska. Bidders were not required to provide committed financing with their proposals last summer, which eases the strain of delay.


About Bill Reinhardt

Editor of Public Works Financing newsletter
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