Virginia Department of Transportation launches I-64 RFI
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 Virginia Department of Transportation (VDOT), in coordination with the Hampton Roads Transportation Accountability Commission (HRTAC), has issued a Request for Information (RFI) to solicit private-sector interest in and feedback on a potential opportunity to deliver the proposed I-64 Hampton Roads Bridge-Tunnel Expansion Project.
VDOT is the owner of the existing and proposed Hampton Roads Bridge-Tunnels, as well as the delivery agent for the project. HRTAC is the funding agent for the project.
The I-64 Hampton Roads Bridge-Tunnel in southeastern Virginia has long been one of the region’s most congested corridors. The existing 3.5-mile facility consists of two 2-lane immersed-tube tunnels on artificial islands, with trestle bridges to shore. These tunnels opened in 1957 (current westbound lanes) and 1976 (eastbound lanes) and are approximately 7,500 feet long. Traffic on these four lanes exceeds 100,000 vehicles per day during peak summer traffic.
The project will ease this congestion by widening the four-lane segments of the I-64 corridor in the cities of Hampton and Norfolk. The project cost amounts to US$3.3 billion, including owner's costs and contingency.
In December 2016, the Commonwealth Transportation Board approved “Alternative A” as the preferred alternative, laying the groundwork to complete the Supplemental Environmental Impact Statement (SEIS) and request a Record of Decision in summer 2017.
Alternative A consists of improvements to the I-64 corridor between I-664 in Hampton and I-564 in Norfolk to provide consistent six-lane capacity throughout the corridor. This work includes a new Hampton Roads crossing generally parallel to the existing Hampton Roads Bridge-Tunnel. In addition to tunnel and marine bridge work, the scope for Alternative A also includes pavement and structure widening, bridge reconstruction, drainage improvements and noise walls.
Depending on the selected delivery method, the project scope may also include any combination of financing, operations, and/or maintenance.
For further information, click here.
Country news
-
-
March 24, 2017
Three teams submit bids to manage Ohio university’s energy systems
Three teams have responded to the Ohio State University’s Request for Proposals for the Comprehensive Energy Management Project.
Read more -
March 22, 2017
Canada Pension Plan Investment Board, GIC and The Scion Group acquire US student housing portfolios for US$1.6 billion
Canada Pension Plan Investment Board (CPPIB), GIC and The Scion Group LLC have announced that their student housing joint venture entity, Scion Student Communities LP, has acquired three U.S. student housing portfolios for approximately US$1.6 billion.
Read more -
March 22, 2017
3i launches North American infrastructure platform
3i has announced the launch of its North American infrastructure business. Establishing a local team in the US will position 3i to access attractive infrastructure investment opportunities throughout North America.
Read more -
March 21, 2017
RFQ for Delaware port P3
The Diamond State Port Corporation (DSPC), a corporate entity of the State of Delaware (US), has launched a tender process to seek qualifications for a potential PPP to improve, develop, finance and/or operate via long-term concession arrangements, its port and related infrastructure.
Read more -
March 20, 2017
Copenhagen Infrastructure Partners initiates fundraising process for third fund
Copenhagen Infrastructure Partners (CIP) has initiated the fundraising process for its new fund, Copenhagen Infrastructure III, which will now be open for investor subscription.
Read more
