Over 340 attend forum for highway P3 program in Maryland
Last week, the Maryland Department of Transportation (MDOT) held an international industry forum for the I-495 and I-270 Public-Private Partnership (P3) Program.
The I-495 and I-270 P3 Program will include improvements for over 70 miles (~110km) of two interstate highways in Maryland, a state in the Mid-Atlantic region of the USA.
MDOT is currently considering delivering the P3 Program as a series of long-term design-build-finance-operate-maintain revenue risk concessions. Each concession would encompass a portion of the I-495 and I-270 P3 Program and be solicited in phases.
The forum presentation included an overview of the I-495 and I-270 P3 Program, an update on the environmental process, an overview of the upcoming solicitation process for the first phase of the P3 Program, and discussion on opportunities for small, disadvantaged, minority and women-owned businesses. It attracted over 340 attendants.
Country updates
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December 17, 2018
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Morgan Stanley to launch third infrastructure fund
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