Tender open for key Florida highway

Competition is strong in the tender process for a highway project in Florida. The contract is to design, construct, finance, operate and maintain the interstate I-4 highway and the investment required for the project is expected to exceed US$1.95 billion. The tender is being held by the Florida Department of Transport through a public-private partnership. The project includes the reconstruction of 35km of the I-4 and the revamped route will feature four tolled lanes. Spanish firms OHL and FCC are partnering
April 30, 2013 Read time: 2 mins
Competition is strong in the tender process for a highway project in Florida. The contract is to design, construct, finance, operate and maintain the interstate I-4 highway and the investment required for the project is expected to exceed US$1.95 billion. The tender is being held by the Florida Department of Transport through a public-private partnership. The project includes the reconstruction of 35km of the I-4 and the revamped route will feature four tolled lanes. Spanish firms 980 OHL and 4914 FCC are partnering with Australian company 2378 Macquarie to form a consortium tendering for the project. Spanish companies 4761 Dragados (OHL) and 976 Acciona Infraestructuras are also partnering in a consortium for the project. Another Spanish company, 2717 Ferrovial, is also involved in a consortium interested in the project. The highway extends for a total of 73km in central Florida, with a capacity for an average of 1.5 million journeys/day.

For more information on companies in this article

Related Content

  • FCC heads group that will build Toyo Tunnel in Colombia
    November 6, 2015
    Spanish environmental services, infrastructure and water group FCC has secured a €392 deal to design, build, operate and maintain the 10km Toyo Tunnel in Urabá Port, Colombia. The Government of Antioquia awarded the project to the consortium in which Madrid-based FCC has a 40% share and a group of local business people hold 60%. The tunnel is around 80km from Medellin, the capital of Colombia’s mountainous Antioquia province. The US$426 million contract is for 10 years, during which design and constru
    Read More
  • Colombian concession contracts cause concern
    June 13, 2014
    A report from insurance firm AIG warns that up to half of Colombia's 4G highway concessions could face financial hurdles due to over-estimated predictions of traffic flows. Colombia is at present putting out to tender its fourth generation (4G) concessions, which involve some US$25 billion in investment, reports Business News America. This investment is impressive and is Latin America's biggest move to expand and improve road infrastructure. But while many companies have shown interest and were prequalified
    Read More
  • Ferrovial, Acciona among Bentley winners
    November 22, 2022
    Finalists presented their projects at Bentley’s recent Going Digital Awards event in London.
    Read More
  • East End Crossing Project—Availability payment P3 in action
    July 14, 2017
    Indiana exercised its authority to use a P3 contract when it partnered with Kentucky for new bridges across the Ohio River. Barney Allison and John Smolen* explain the groundbreaking availability payment deal. Earlier this year, traffic began rolling over the new tolled Lewis and Clark Bridge spanning the Ohio River from northern Kentucky to southern Indiana. The cable-stayed bridge is part of the award-winning Ohio Bridges Project to untangle traffic within the greater metropolitan area of Louisville, Kent
    Read More

Highlighted Content