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 7, 2009

Project Name: M25 Widening
Year in Operation:
Sector: Transportation
Subsector: Roads
Status: Design / Construction
Type: Substantial Alteration of Existing Facility
Description: The project consists of widening the orbital motorway, the M25 as well as the intersecting radial trunk roads in Area 5 and the A282 Dartford-Thurrock Crossings. The M25, one of the busiest roads in the world, will also benefit the 102km of extra capacity and from changed variable speed limits to smooth traffic flow.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: Referred to as DBFO and a PPP

Project Locations

Address:
City: London
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 under the Department for Transport (DfT) and the Highways Agency.
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 roadway for a concession period of 30 years.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The project is financed by the Crown government. The private sector entity will be required to release the gross annual payment needed to deliver the operating and maintenance services. Adjustments of payment will be made based upon lane availability, performance assessments, and condition of the road network.

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
30
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: May 20, 2009
Project Value
Hard Cost
Hard & Soft Costs
Construction
$1-5 Billion US
(none)
Operations & Maintenance
< $200 Million US
(none)

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