Skip to main content

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

  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
  • Oman’s new Batinah highway moving forward
    September 13, 2013
    Plans are moving forward in Oman for its Batinah highway project. The new route is planned for the north of Oman and Phase 5 of the project will be constructed by a consortium of contractors led by Spanish company Ferrovial. This deal is worth some US$344.6 million. Ferrovial’s partners are Local company Federici Stirling Batco Bot Construction and Lebanese firm Batco. The contract is for a the construction of a 41km section of highway linking Liwa with Sohar and this also includes building three bridges, t
  • ARTBA PPP awards include key Texas project
    July 22, 2014
    A $1.2 billion highway project in North Central Texas was recognised as a prime example of innovative transportation financing at an event held by the American Road & Transportation Builders Association (ARTBA). The 26th Annual Public Private Partnership (P3) Conference in US capital Washington was organised by ARTBA with its P3 Awards being presented in two categories, for entrepreneur of the year and project of the year. The former is given to at least one individual who has made an outstanding contributi
  • New Zealand highway project on track
    November 15, 2018
    Progress is being seen in New Zealand for the US$456.5 million (NZ$709 million) project to construct a highway connecting Puhoi with Warkworth. The new route will feature dual lanes in either direction and should be ready for traffic towards the end of 2021. Vehicle numbers are increasing in New Zealand and by 2026, the route is expected to carry 35,000 vehicles/day. The project includes extending the Northern Motorway and linking it to the SH1 routes, which involves removing 4 million m3 of spoil.