Diversion Authority shortlists four P3 teams interested in constructing the diversion project

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Diversion Authority shortlists four P3 teams interested in constructing the diversion 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 Metro Flood Diversion Authority has completed its evaluations and interviews of the respondents to the request for qualifications (RFQ) for the public private partnership (P3) constructed portion of the Fargo-Moorhead Metropolitan Area Flood Risk Management Project.

The Diversion Authority Board shortlisted four teams that best represented their ability to provide effective leadership and teamwork, and efficiently and effectively deliver the diversion project. Each of the four teams will receive the request for proposals (RFP), which is anticipated to be issued later this year by the Diversion Authority:

The Diversion Authority had issued an RFQ to design, build, finance, operate and maintain the diversion channel and associated infrastructure work package (DCAI WP) of the project in July 2016.  In response to the RFQ, the authority received six statements of qualifications. The Diversion Authority was impressed with the quality of each of the six teams.

The following four teams have been approved as the shortlisted proposers:

  • Lake Agassiz Partners (Meridiam/Walsh/AECOM) 
  • Red River Valley Partners (Fluor/Plenary/Ames/Barnard) 
  • Red River Valley Alliance (Acciona/InfraRed/North American Enterprises/Shikun&Binui) 
  • Red River Partners (Graham/Parsons/Alberici/BBGI) 

The DCAI WP consists of a 58 km long and 460 m wide diversion channel, 2 aqueducts, 2 river inlets, various local drainage inlets, the channel outfall, 4 railroad bridges, 4 interstate highway bridges, and 10 county road bridges, as well as associated environmental mitigation and recreational features. The goal is to reduce flood risk associated with a long history of frequent flooding on local streams in the area.

Of the entire project’s estimated US$2.2 billion cost, the winning PPP bidder’s share of the work is worth US$763 million.

Chairman Darrell Vanyo said:

“Permanent flood protection for Fargo-Moorhead is on the horizon. In addition to word last week from the U.S. Army Corps of Engineers that they intend to issue the first construction contract for the Diversion Project in the next month, the board’s action to shortlist firms and enter the RFP phase on the P3 portion of the project is good news for local residents who are ready to get it done and be assured they are safe from flooding for good.” 

“The response of the industry to this project shows that we have a great project.”

List of country news

Country news

  • October 25, 2016

    Belen Marcos appointed to lead Cintra in the U.S.

    Cintra has named Belen Marcos as its new United States president, following the promotion of its previous president, Nicolas Rubio to Global Operations Director in Madrid, Spain. Read more
  • October 25, 2016

    Kayne Anderson Capital Advisors raises $2 billion for energy PE fund

    Kayne Anderson Capital Advisors, L.P. has announced the final close of its latest energy-focused private equity fund, Kayne Anderson Energy Fund VII (KAEF VII). Read more
  • October 21, 2016

    IFC launches platform to mobilize $5 billion for infrastructure investments in emerging markets

    he International Finance Corporation (IFC), a member of the World Bank Group, has launched an innovative program that aims to raise US$5 billion from global institutional investors to modernize infrastructure in emerging markets over the next five years, opening up a new stream of capital flows to improve power, water, transportation, and telecommunications systems in developing countries.  Read more
  • October 19, 2016

    Plenary North America appoints new President and CEO

    Plenary Group’s Board of Directors has announced the appointment of Brian Budden to the position of President and Chief Executive Officer of Plenary Group (North America). Read more
  • October 18, 2016

    MIC announces pricing of public offering of $350 million of convertible senior notes

    Macquarie Infrastructure Corporation (MIC) has announced the pricing of US$350 million of convertible senior notes due 2023. 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.