Indiana halts plans for Indiana Expressway
The Indiana Department of Transportation (INDOT) has suspended its work on the Illiana Expressway P3 pending a decision by Ilinois Gov. Bruce Rauner.
The project is now on hold until the Rauner administration, which is currently completing its review of the project, make a decision.
The Illiana Corridor is a proposed 50-mile access controlled highway that extends from I-55 in Illinois on the west to I-65 in Indiana on the east. The project is divided in the Illinois segment and the Indiana segment.
The corridor is located in Will County in Illinois and Lake County in Indiana. The Illinois Department of Transportation (IDOT), the Indiana Finance Authority (IFA) and Indiana Department of Transportation (INDOT) planned to begin construction on the Illiana Corridor in the spring of 2015.
There are two tender processes currently open for investors.
In January 2014 we reported that IDOT received Statements of Qualifications (SOQs) from five teams to design, build, finance, maintain and operate the Illinois portion of the Illiana. Also In January 2014 we reported that IFA / INDOT received six responses to the RFQ. Later in March 2014 IFA / INDOT shortlisted four of the six teams.
In December 2014 the Federal Highway Administration (FHWA) signed the Illiana Corridor Tier Two Record of Decision, marking the completion of the project's environmental planning phase.
Country news
-
-
February 16, 2015
Colorado reintroduces P3 bill
Senate Bill 172 introduced in the Colorado State Senate calls for additional oversight of transportation public private partnerships (PPPs). Read more -
February 18, 2015
Four teams qualified for Georgia's DBF project
The four shortlisted consortia are the following: AWH Roadbuilders, LLC, the contractors are Archer Western Contractors LLC and Hubbard Construction Company, and the engineer is Parsons Dragados-Flatiron-Prince JV, the contractors are Dragados USA Inc, Flat Iron Constructors Inc and Prince Contracting, and the engineesr are Figg Bridge Engineering and Stantec Consulting Services Inc North Perimeter Contractors, the contractor is Ferrovial Agroman US Corp, and the engineers are the Louis Berger Group Inc and Neel-Shaffer Skanska/Balfour Beatty JV, the contractors are Skanska and Balfour Beatty Infrastructure Inc, and the engineer is AtkinsGDOT expects to issue a draft request for proposals (RFP) this month and select the preferred bidder in December. Construction is scheduled to begin in 2016 and the project is expected to be operational by 2019. Read more -
February 18, 2015
Pennsylvania's new Transformation Office to consider P3s
Pennsylvania's Governor Tom Wolf has signed an executive order establishing the Governor's Office of Transformation, Innovation, Management and Efficiency for finding new ways for the state to save money, including P3s. Read more -
February 19, 2015
Florida's CNG fueling stations PPP signed
Central Florida Regional Transportation Authority (LYNX) and Nopetro, a compressed natural gas (CNG) fueling infrastructure provider in Florida, have signed the contract for a CNG fueling stations PPP project. Read more -
February 23, 2015
CDOT Transportation Commission recommends using P3 model for I-70 East Project
The Colorado Department of Transportation (CDOT) Transportation Commission has recommended financing the Interstate 70 East project through a public private partnership (P3). Read more
