The Michigan Department of Transportation reported this week that its effort to gauge interest by the private sector in forming public private partnerships (P3s) on several projects has produced 31 responses.
The proposals included 12 "letters of interest" for proposed bridge work, 12 for freeway lighting projects, two for timber management, and five for two US-127 rest areas.
MDOT reported that the letters of interest for the bridge projects seemed more interested in larger contracts ranging from $100 million to $600 million, with typical timeframes between 30 and 40 years.
Initial proposed P3 projects include two rest areas, freeway lighting, bridge work and timber management.
Two alternatives are being considered for bridge P3 projects. They are:
Companies that showed interest in the bridge projects are the following: