FDOT Receives Technical Proposals from Four Teams for I-4 Ultimate Project

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The Florida Department of Transportation (FDOT) announced yesterday that it has received four Technical Proposals in response to its Request for Proposals for the I-4 Ultimate Project.  On June 5, 2013, FDOT announced a shortlist of four proposers, all of whom submitted proposals seeking the contract to design, build, finance, operate and maintain the project.

The estimated $2 billion project, which will be developed through a public-private partnership concession agreement, includes the reconstruction of 21 miles of I-4 in the metro Orlando area. The project adds four tolled express lanes while maintaining the existing free general use lanes. 

FDOT received proposals from the following shortlisted proposer teams (listed in the order received):

  1. Ultimate Mobility Partners (InfraRed Capital Partners Limited; Fluor Enterprises, Inc.; Kiewit Infrastructure South Co.);
  2. I-4 Mobility Partners (Skanska Infrastructure Development Inc.; John Laing Investments Limited);
  3. 4wardPartners (VINCI Concessions S.A.S.; Meridiam Infrastructure I-4 Ultimate, LLC; Walsh Investors, LLC); and
  4. I-4 Development Partners LLC (Macquarie Capital Group Limited; OHL Concesiones.A.; FCC Construccion S.A.).

Financial Proposals for the project are due on March 13, 2014.  FDOT will review the Technical Proposals and Financial Proposals over the next two and a half months, and expects to make final selection at a public meeting in April 2014.

For further information, please visit the project website at www.moving-4-ward.com.  A more detailed list of each proposer team can be found under “Project Info/Docs” on the project website.

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Published In: Construction Updates, Government Contracting Updates, Transportation Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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