Court rules in favor of contractor on Maryland Light Rail Purple Line project
The Maryland court has ruled that the contractor can quit the Purple line LRT PPP project after the dispute with the Maryland Department of Transportation over cost overruns and delays. After the ruling, the contractor, Purple Line Transit Partners (PLTP), can demobilize it's assets in the process to abandon the project.
MDOT is left with two options after the decision, either complete the remaining construction works by itself or hire a new contractor to replace Purple Line Transit Partners (PLTP). The cost of the project will be increased due to this decision and delays.
Country updates
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September 11, 2020
Financial close for Public Services Complex project in San Marcos
Amber Infrastructure Group and Hunt Companies Inc. have achieved financial close on the US$ 44.4 million Public Services Complex for the City of San Marcos, Texas. The San Marcos facility, a 15...
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September 10, 2020
Final close for Data Infrastructure Fund by GI Partners
GI Partners announced the final closing of its inaugural Data Infrastructure Fund, which totaled US$ 1.8 billion in commitments from a broad group of investors. The fund was oversubscribed and surpass...
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September 09, 2020
Preferred bidders selected for Correctional Facilities PPP in Alabama
Governor Kay Ivey and the Alabama Department of Corrections (ADOC) announced the successful developer teams who submitted proposals in May in response to the ADOC’s Request for Proposal (RFP) to...
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September 09, 2020
RFP launched for mixed use development project in Miami
The county of Miami-Dade in Florida, USA has launched a request for proposal seeking a private mixed-use developer for the site in three land parcels in the Wynwood section of the City of Miami....
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September 07, 2020
Fish Passage road PPP awarded to Granite
Washington State Department of Transportation (WSDOT) in the USA has awarded a US$ 24 million design-build contract for the Interstate 5 (I-5) and State Route (SR) 11 Padden Creek - Fish Passage...
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