Los Angeles to launch tender for Financial Advisory Services contract for Metro
The Los Angeles County Metropolitan Transportation Authority (Metro) has launched a tender for a Public-Private Partnership (P3) Financial Advisory Services Bench, as outlined in the Statement of Qualifications (SOQ).
The Bench of qualified firms shall provide financial expertise and associated resources and deliverables necessary for successful project delivery through various types of P3 contracting structures, to assist Metro in identifying and evaluating potentially viable projects, advancing these projects through feasibility analysis, pre-procurement and project development, procurement, and/or post-procurement, implementation, and administration project phases.
The resultant Contract(s), if awarded, will be state/locally funded and is subject to fiscal year funding. The period of performance will be for a term of five (5) years with no options.
The Pre-Proposal Conference was on May 6, 2019.
Country updates
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May 07, 2019
Maryland sets to cast vote for two P3 projects
The Maryland Board of Public Works is set to cast their vote that would determine the outcome of two projects under the Public-Private Partnership scheme - the I-495 and I-270 highways conc...
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May 06, 2019
City of North Port in Florida provides policy for utilizing PPP in procurement
The city of North Port, Florida in the USA has recently approved the ordinance for providing a policy for the utilization of public-private partnerships (P3) in procurement. The ordinance will help t...
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May 06, 2019
Alabama seeks consultants for I-10 Mobile River Bridge and Bayway Widening P3 Project
The Alabama Department of Transportation (ALDOT) is seeking consultants for its I-10 Mobile River Bridge and Bayway project that will be implemented under the Public-Private Partnership (PPP) sch...
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May 06, 2019
USA plans to invest US$ 2 trillion in Infrastructure
The USA president and Democratic lawmakers agreed that US$ 2 trillion is needed to overhaul the US infrastructure in a meeting held on April 30, 2019. Rebuilding the aging infrastructure of the USA is...
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May 06, 2019
Interested firms revealed at LA Civic Centre P3 conference
The City of Los Angeles has disclosed a list of firms that have attended its pre-SOQ conference on April 12 for the design, build, finance, operation, and maintenance (DBFOM) of the LA Street Civic Bu...
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