VDOT Needs Help On I-66 Concession

An RFQ for Virginia DOT’s I-66 managed lanes project now appears likely to emerge in mid-March, starting a long process for selecting a DBFOM developer for what could be Virginia’s last big P3 for long time.

Douglas Koelemay, the governor’s appointed director, Virginia Office of Public-Private Partnerships (VAP3), says he expects as many as five teams to compete for the $2-billion demand-risk concession, which is being drafted with advice from Hunton & Williams.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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