Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DB
# of Projects: 1
100% of the Results

Background informationProject Created: May 11, 2011

Project Name: Intercounty Connector (ICC)
Year in Operation:
Sector: Transportation
Subsector: Roads
Status: Design / Construction
Type: New Facility
Description: The project involves the design and construction of an 18 mile long, 6 lane, toll highway in Maryland. It will encompass a variable tolling structure based on peak and off-peak travel times. Toll collection will be fully electronic, allowing toll collection without delaying traffic.
Delivery Method as described in the country where it's located: Design Build
Is the project still active: Yes
Comments: The three largest project phases (roughly $500 million each) are being delivered using the DB project delivery method. There were issues with the last two phases of the project which are now aggregated into one contract and will be awarded to the lowest bidder.

Project Locations

Address: 18000-18086 Montgomery Village Ave
City: Gaithersburg
State: Maryland
Country: United States of America

Address: 12545-13299 Baltimore Ave
City: Laurel
State: Maryland
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Land: The Maryland State Highway Administration and Maryland Transportation Authority have secured the ROW and easements necessary to support the project at a cost. A rough estimate for these ROW and easement purchases totals to about $300 million.
Checkbox Checked Environmental Clearance: The project has outsourced a number of DBB construction contracts (50 contracts, 63 environmental stewardship projects) related to wetlands creation, stream restoration, fish passage restoration, forest mitigation/tree planting, stormwater management, pedestrian/bicycle trails, sidewalks, and recreational facilities near the project area. These contracts total to roughly $370 million, or 15% of the total contract value.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The sponsors for the project are the Maryland State Highway Administration and the Maryland Transportation Authority. Both entities are receiving funding from both federal and state sources.

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Checkbox Checked

Direct Cash Support: Direct Federal funding: $19 million from “Special Federal Funds” (National Corridor Planning and Border Infrastructure Program funding, SAFETEA-LU National Corridor Improvement Program, and high priority project funding). Direct State funding: $180 million from the State of Maryland Transportation Trust Fund (motor fuel tax receipts, motor vehicle excise taxes, motor vehicle fees, corporate income taxes, operating revenues) and $265 million from the State of Maryland General Fund.

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Checkbox Checked

Credit Enhancements: Federal Credit Enhancements: GARVEE bonds for $750 million (backed by future Federal aid receipts) and additional funds from GARVEE sale for $17 million. State Credit Enhancements: Maryland Transportation Authority Toll Revenue bonds for $716 million (backed by future system toll revenue), and a TIFIA loan for $516 million (backed by future toll revenue). The sponsors are also anticipating $103 million in future funding from various sources.

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for both initial design and construction with a single entity. Public Owner operates and maintains the resulting facility.
Is there an independant checking engineer? No

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
Initial Design and Construction
5
2
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: May 11, 2011
Project Value
Hard Cost
Hard & Soft Costs
Construction
$1-5 Billion US
(none)
Total
$2-10 Billion US
(none)
Array ( )

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