Nevada launches RFQ for Project Neon P3
This article is part of a daily series of MegaProjects articles. If you want to know more about PPP projects with a considerable size visit our MegaProjects section. You can receive them by email on a daily basis.The Nevada Department of Transportation announced yesterday the release of a Request for Qualifications (RFQ) for Project NEON public private partnership.Interested proposer teams can submit qualifications to develop, design, build, finance, operate and maintain freeway and major street connection improvements for the project under an availability payment concession.
The schedule for the RFQ is as follows:
- Issue RFQ: July 30, 2013
- SOQ Due Date: Sept. 26, 2013
- Shortlist Notice: Oct. 29, 2013
The multi-phase, multi-year project will boost safety, mobility, and accessibility in the most heavily trafficked corridor in the state of Nevada. Nearly 250,000 vehicles a day use the 3.7-mile stretch from the US 95/I-15 interchange in downtown Las Vegas to Sahara Avenue.
The primary features of Project NEON's initial improvement will include building a one-mile high occupancy vehicle (HOV) bridge connecting I-15 to US 95, creating a new HOV interchange, reconstructing the Charleston/I-15 interchange and ramp braiding for the southbound movements.
The total project cost is estimated to run between $1.3 billion and $1.8 billion.
Source: NDOT
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