Purple Line Transit Partners (PLTP), together with the Maryland Department of Transportation (MDOT) and the Maryland Transit Administration (MTA), has selected Maryland Transit Solutions (MTS) as a Design-Build contractor for the Purple Line PPP project in the USA.
MTS is formed by Dragados USA Inc. and OHL USA Inc., and the team has offered the best value. The next steps in the procurement process include finalizing contracts as PLTP advances efforts to secure required financing. The authorities are planning to return to the Maryland Board of Public Works (BPW) with the selected contractor, replacement design-build contract and updated PPP Agreement.
Once the project is approved by BPW, commercial and financial close is anticipated in February 2022. After that MTS is expected to mobilize and resume full-scale construction of the Purple Line. The project is a 16-mile, 21-station light rail line providing rapid transit service between New Carrollton in Prince George's County and Bethesda in Montgomery County.
The City of Conroe has issued the Request for Proposals (RFP) for the development of a mixed-use complex in Texas, USA.
Read moreEQT has announced that the EQT Infrastructure III fund (EQT Infrastructure) has agreed to sell its stake in Fenix Marine Services to CMA CGM (CMA) for an enterprise value of US$2.3 billion. Fenix Mar...
Read moreCounty of Los Angeles in association with USC Medical Center in the USA has launched a request for proposal seeking a private partner for development of second phase of Restorative care vill...
Read moreThe North Carolina Department of Transportation (NCDOT) has awarded Plenary Broadband Infrastructure (PBI) a long-term contract for the NCDOT Broadband Fiber PPP project in the USA. The project, know...
Read moreMiami-Dade County in Florida, USA has launched a tender notice seeking a technical consultant for the realignment of North Bulkhead in Port Miami. The consultant will provide design, build and fi...
Read more