Three teams shortlisted for $1.5 billion Project Neon in Nevada
The Nevada Department of Transportation has announced it has shortlisted three teams for financing, designing, building and maintaining the 3.7-mile Project Neon.
The list of shortlisted proposals for the US$1.3-1.5 billion project follows:- Las Vegas Paving Corp. and Macquarie Capital Group
- Kiewit Development Co. and Meridiam Infrastructure
- ACS Infrastructure Development, Fengate Capital Management and Star America Fund GP
Spanish infrastructure developer, Cintra Infraestructuras, S.A., has been the only team not qualifying for the next stage of the tender process.
The RFQ was issued on Tuesday, July 30, 2013, and the submission of statements of qualifications took place on Sept. 26, 2013.
The timetable calls for evaluations of the final bids to be completed next year and the transportation board to award the contract by November 2014. Design and construction would start in 2015, with completion in 2019.
Nearly 250,000 vehicles a day use the 3.7-mile stretch from the US 95/I-15 interchange in downtown Las Vegas to Sahara Avenue.
The primary features of Project NEON's initial improvement will include building a one-mile high occupancy vehicle (HOV) bridge connecting I-15 to US 95, creating a new HOV interchange, reconstructing the Charleston/I-15 interchange and ramp braiding for the southbound movements.
The project will be the largest job ever undertaken by the Nevada Department of Transportation.
