Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBB/CMAR
# of Projects: 1
100% of the Results

Background informationProject Created: September 10, 2008

Project Name: Somerville Bike-ify
Year in Operation: 2006
Sector: Transportation
Subsector: Roads
Status: In Operation
Type: New Facility
Description: Adding bike lanes to Beacon St in Somerville, MA
Delivery Method as described in the country where it's located: Design Build Finance Operate Maintain
Is the project still active: Yes
Comments:

Project Locations

Address:
City: Somerville
State: Massachusetts
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: atl description

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers

Arrow Right
Checkbox Checked

Credit Enhancements: City of Somerville

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner then separately contracts with another party, who operates and maintains the facility.
Construction Manager At Risk Variants: Public Sponsor contracts with Construction Contractor after Design is Complete.

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals
Design
X

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Initial Design and Construction
3
2
Forms
Description
Regional Bank
asdf 
World Bank
 

Project Value (If and As Known)

Date of Estimated Project Value: September 24, 2008
Project Value
Hard Cost
Hard & Soft Costs
Pre-Feasibility (Public Sponsor Expense)
(none)
> $50 Million US
Design
< $10 Million US
(none)
Total
< $200 Million US
(none)

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