Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBOM Partially Public Finance
# of Projects: 1
100% of the Results

Background informationProject Created: August 6, 2009

Project Name: Portsmouth Highway Maintenance
Year in Operation: 2005
Sector: Transportation
Subsector: Roads
Status: In Operation
Type: Substantial Alteration of Existing Facility
Description: The project consists of the maintainces and management of road services for local authorities.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: PFI

Project Locations

Address:
City: Portsmouth
State:
Country: United Kingdom of Great Britain & Northern Ireland

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: The land is owned by the Crown government and the local government authority of the Portsmouth City Council.
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): The private sector entity will operate and maintain the system for a concession period of 25 years.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The project is financed by the Crown government under the Department for Transport (DfT).

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independant checking engineer? Yes
Project Finance Method: All or Partially By Public Sponsor

Procurement Approach

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

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
25
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: August 6, 2009
Project Value
Hard Cost
Hard & Soft Costs
Pre-Feasibility (Public Sponsor Expense)
$1-2.5 Million US
(none)
Construction
$100-250 Million US
(none)
Array ( )

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