Maryland light rail P3 gets federal funding

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Maryland light rail P3 gets federal funding

The proposed Maryland light-rail Purple Line project has been recommended for US$100 million in federal money as part of the Obama Administration's 2015 fiscal year budget.

The project was included on a list of seven large transit projects nationwide to receive full funding grant agreements, which allow for a longer-term payment commitment by the federal government.

The other six projects that are also included in this list are:  the Westside Subway Expansion - Section 1 (Los Angeles), Sunrail Phase II South (Orlando), Green Line Extension (Cambridge to Medford, MA), Red Line (Baltimore), Columbia River Crossing Project (Portland) and TEX Rail (Fort Worth).

In spring, the Maryland Department of Transportation (MDOT) and the Maryland Transit Administration (MTA) will issue a request for proposals to the shortlisted teams to submit complete proposals by fall 2014. In late 2014 or early 2015, MDOT / MTA will select a preferred partner and recommend the final agreement to the Board of Public Works for its review and approval.  Construction could begin in Spring 2015.

The Purple Line is a 16-mile light rail line that runs east-west inside the Capital Beltway between Bethesda in Montgomery County and New Carrollton in Prince George's County with 21 stations planned that will provide direct connections to Metrorail's Orange Line, Green Line and two branches of the Red Line, and the MARC Brunswick, Camden and Penn Lines. The total project cost is US$2.2 billion, with the private sector expected to invest between US$500 and US$900 million.

List of country news

Country news

  • March 10, 2014

    Brent Spence bridge, a step closer

    A bill to allow public-private partnerships in Kentucky and necessary to develop the Brent Spence Bridge replacement and refurbishment project through a P3 model, has cleared its first legislative hurdle. Read more
  • March 10, 2014

    KKR closes $2.0 Billion North American Oil & Gas Fund

    Investment firm, KKR, has announced the final closing of KKR Energy Income and Growth Fund I ("EIGF" or the "Fund"). EIGF (together with related co-investment vehicles) represents a $2.0 billion strategy focused primarily on investing behind the development of North American unconventional oil and gas resources. Read more
  • March 11, 2014

    Nossaman hires Canadian P3 lawyer

    Nossaman LLP has announced it has hired counsel Andrée Blais to its Infrastructure Practice Group. A Canadian with a wealth of experience in advising on the development and implementation of public-private partnerships (P3s), Blais led the crafting of legal services for several major P3 projects in Canada, advising public sector owners from project development through procurement, closing, and contract administration. Read more
  • March 12, 2014

    US law firm adds team of energy & infrastructure experts

    Morgan Lewis & Bockius LLP added a cross-practice team of four lawyers from Bingham McCutchen LLP, who will work for the firm's energy and infrastructure clients. Read more
  • March 14, 2014

    ASUR disqualified in LaGuardia P3 airport tender

    Grupo Aeroportuario del Sureste (ASUR) announced on March 12th that  the Aerostar consortium has been disqualified by the Port Authority of New York and New Jersey in the tender process for the design, build, finance, operate, and maintenance of LaGuardia Airport Central Terminal Building Replacement Project. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.