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Kansas City has opened the bidding process to design, build and finance of a new single terminal at Kansas City International Airport under P3 scheme.
As we reported in mid May, Kansas City-based engineering firm Burns & McDonnell submitted a proposal to partner with Kansas City and lead a team of private investors, such as Americo Life, Inc. to privately finance the project.
Part of the proposal is that the firm would get an exclusive arrangement with the city to provide the design and come up with a guaranteed maximum price. This would lead to other firms not having access to make their own offer, nor would the city request bids, which araised some controversy.
Now, with the opening of the bidding process, more firms have expressed interest in competing for the project, and other bids would be accepted for the next week.
The project involves a 750,000-square-foot terminal with 35 gates but expandable to 42, and a parking garage with at least 6,500 spaces. The project is estimated to cost about US$1 billion.
The deadline for interested bidders to submit their proposas is on or before 20 June, 2017. Companies submitting proposals should be prepared for in-person presentations on June 22 with the selection committee.
You can haver further information here.
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