RFQ for the final segment of the I-75 Modernization Project
This article is part of a daily series of MegaProjects articles. If you want to know more about PPP projects with a considerable size visit our MegaProjects section. You can receive them by email on a daily basis.
The Michigan Department of Transportation (MDOT) has released a request for qualifications (RFQ) for the final segment of the I-75 Modernization Project.
The I-75 Modernization Project has been in the planning and development stages for nearly 20 years. It encompasses approximately 18 miles of freeway from north of M-102 (8 Mile Road) to south of M-59 and has a current daily traffic volume of 103,000 to 174,000. The freeway was built in the 1960s but has not received comprehensive corridor improvements since that time. The need for increased capacity to relieve congestion is driven by the growth along the corridor due to land use changes and the migration of people, services and industry. It is a critical commercial route, a key commuter route, a vital tourist route and a local area business route moving people and goods across the state daily.
The I-75 Modernization Project is comprised of three segments:
- Segment 1 (north of Coolidge to south of M-59) has been completed and is open (September 2017).
- Segment 2 (8.5 miles of rural freeway) is being procured as a design-build contract and is expected to be awarded in the Summer of 2018.
- Segment 3 (1.5 miles of rural freeway and 4 miles of urban depressed freeway with service drives and a storage and drainage tunnel and pump station) will be procured as a DBFM and is the focus of this RFQ.
Segment 3 is located north of 13 Mile Road to north of 8 Mile Road in the Cities of Madison Heights, Royal Oak and Hazel Park which are all within Oakland County.
The project value is estimated at US$600 – 700 million. Funding for Segment 3 may include State, Federal and/or local governments in a range of potential combinations.
The deadline for submitting proposals is November, 29 and a shortlist will be announced in December, 22. Following short-listing, MDOT currently anticipates the following procurement activities and tentative schedule:
- Issue Draft RFP December 2017
- Issue Final RFP April 2018
- Proposals due July 2018
- Selection of Developer August 2018
- Commercial and financial close Q3/Q4 2018
To download the RFQ click here.
Country news
-
-
October 19, 2017
3i announces first North American infrastructure transaction
3i Group has announced it has agreed to invest alongside management in Smarte Carte International Holdings, Inc., a concessionaire of infrastructure equipment, increasing its participation in the North American infrastructure sector.
Read more -
October 16, 2017
City of Chicago launches RFQ for training academy project
The Chicago Infrastructure Trust, in coordination with the City of Chicago and the City’s Department of Fleet and Facility Management (2FM),has announced the release of the Request for Qualifications (RFQ) for the Joint Public Safety Training Academy (JPSTA) Project.
Read more -
October 16, 2017
AECOM releases proposal for LA River Gateway revitalization PPP project
Global infrastructure firm AECOM has released its LA River Gateway revitalization proposal, an integrated framework that, if fully implemented, can create benefits for communities along the river’s banks while helping generate new economic prospects.
Read more -
October 13, 2017
RFP issued for Louisiana uni energy P3
Louisiana’s Southern University (SU) and A&M College have issued a Request for Proposals (RFP) for an energy P3.
Read more -
October 13, 2017
Brookfield acquires energy infrastructure fund manager CCC
Brookfield Asset Management’s Public Securities Group has announced that it has acquired Center Coast Capital Holdings, an affiliate of Center Coast Capital Advisors (CCC), a Houston-based SEC-registered investment adviser focusing on energy infrastructure investments, including master limited partnerships (MLPs), with over US$4 billion in assets under management.
Read more
