The Florida Department of Transportation (FDOT) announced on 13 March 2014 that  it received four financial proposals for the I-4 Ultimate Project.

The project will be developed on a  design, build, finance, operate and maintain (DBFOM) basis. The project cost is estimated at US$2 billion. 

Technical Proposals were also submitted by all four shortlisted bidders:

1. 4wardPartners

• Equity Member: VINCI Concessions S.A.S.
• Equity Member: Meridiam Infrastructure I-4 Ultimate, LLC
• Equity Member: Walsh Investors, LLC
• Lead Contractor: Archer Western-Hubbard-de Moya Joint Venture (Archer Western Contractors LLC; Hubbard Construction Company and The de Moya Group, Inc.)
• Lead Engineering Firm: AECOM Technical Services, Inc.
• Lead Operations and Maintenance Firm: 4wardPartners (VINCI Concessions S.A.S. and Meridiam Infrastructure North America Corporation)

2. I-4 Development Partners LLC

• Equity Member: Macquarie Capital Group Limited
• Equity Member: OHL Concesiones S.A.
• Equity Member: FCC Construccion S.A.
• Lead Contractor: Obrascon Huarte Lain, S.A.; Community Asphalt Corp. and FCC Construccion, S.A.
• Lead Engineering Firm: HNTB Corporation
• Lead Operations and Maintenance Firm: Macquarie Capital Group Limited; OHL Concesiones S.A. and FCC Construccion S.A.

3. I-4 Mobility Partners

• Equity Member: Skanska Infrastructure Development Inc.
• Equity Member: John Laing Investments Limited
• Lead Contractor: Skanska-Granite-Lane Joint Venture (Skanska USA Civil Southeast Inc.; Granite Construction Company; and The Lane Construction Corporation)
• Lead Engineering Firm: HDR/Jacobs Design Joint Venture (HDR Engineering Inc. and Jacobs Engineering Group Inc.)
• Lead Operations and Maintenance Firm: Infrastructure Corporation of America

4. Ultimate Mobility Partners

• Equity Member: InfraRed Capital Partners Limited
• Equity Member: Fluor Enterprises Inc.
• Equity Member: Kiewit Infrastructure South Co.
• Lead Contractor: Ultimate Mobility Constructors (Fluor Enterprises Inc. and Kiewit)
• Lead Engineering Firm: Parsons/Atkins
• Lead Operations and Maintenance Firm: Ultimate Mobility Operators (Fluor Enterprises Inc.; and DBi Services, LLC)

FDOT is reviewing the financial proposals and technical proposals and expects to make final selection of a best value proposer at a public meeting on April 23, 2014.

The project includes the reconstruction of 21 miles of I-4 from west of Kirkman Road in Orange County to east of State Road 434 in Seminole County. The I-4 Ultimate project adds four tolled express lanes to I-4 while maintaining the existing free general use lanes, providing a choice to motorists.