MegaProject 86: LA Metro shortlists four teams for ARTI P3 project

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California Department of Transportation and the Los Angeles County Metropolitan Transportation Authority have announced that four teams have been shortlisted to participate in the Request for Proposals (RFP) process for the design, build, finance, operate and maintain the Accelerated Regional Transportation Improvements Project (ARTI Project) through a public-private partnership (P3) agreement.

The agencies have released the names of the consortia and Nossaman has published the companies forming them on Infra Insight:

The deadline for submissions of the SOQs was 07/19/2013 and the forecasted award date is 10/31/2014.

The concession term will be 35 years after scheduled completion, or any earlier substantial completion, of all project elements.

The project:

The Project consists of the following six elements, all of which are located in Los AngelesCounty.

  • Element 1: I-5 North Capacity Enhancement
  • Element 2: I-5 North Pavement Rehabilitation
  • Element 3: SR 71 Gap (I-10 to Mission Boulevard)
  • Element 4: SR 71 Gap (Mission Boulevard to Rio Rancho Road)
  • Element 5: Soundwall Packages 10 and 10A
  • Element 6: Soundwall Package 11

The estimated investment to design and build the Project is approximately $730.4 million, expressed in year of expenditure (YOE) U.S. dollars.

Source: LA Metro