Settlement reached for purple line PPP
Maryland Department of Transportation / Maryland Transit Administration (MDOT / MTA) in the USA has reached a settlement agreement with Purple Line Transit Partners (PLTP) to continue works on purple line PPP. The PLTP is a consortium consisting of Meridiam, Star America, and Fluor. Both parties have accepted a US$ 250 million agreement to settle all disputed claims and litigation over cost overruns and project delays.
Country updates
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December 08, 2020
Final close achieved for HarbourVest Partners Core Infrastructure Vehicle
HarbourVest Partners announced the final close of Adelaide, its dedicated core infrastructure vehicle. The fund closed at AUD 384 million (US$ 279.19 million). The fund targets long-term, low-risk, c...
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December 07, 2020
Preferred bidder selected for Brownsville Ship Channel improvement PPP
NextDecade Corporation has announced that it has completed a competitive bid and contracting process and has selected Great Lakes Dredge & Dock Corporation (Great Lakes) to perform essential impro...
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December 01, 2020
Maryland to seek new concessionaire for purple line PPP
The Maryland Transit Administration is planning to find a new concessionaire for the purple line light rail if the negotiations with the concessionaire Purple Line Transit Partners LLC fails to conclu...
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November 30, 2020
CNG Station Started Operations in Chicago
The City of Naperville, along with Trillium and Groot Industries, has opened the first public compressed natural gas (CNG) fueling station in Chicago, Illinois, USA. The project involves the col...
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November 25, 2020
Pennsylvania revitalizes Keystone Communities program
Department of Community and Economic Development (DCED) in Pennsylvania, USA has announced that Downtown Wilkes-Barre has officially been designated as a Keystone Communities Main Street, allowing for...
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