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: February 27, 2013

Project Name: I-90 Innerbelt Bridge-Eastbound
Year in Operation:
Sector: Transportation
Subsector: Bridge
Status: Design / Construction
Type: Substantial Alteration of Existing Facility
Description: The project is to demolish the current bridge and construct the eastbound replacement bridge. Crews are working on the westbound bridge. This is the first time Ohio's state transportation officials are pursuing a public-private partnership.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: The selected team will design, construct and finance the project. ODOT will pay the team back over a fixed time period. Referred to as a "Design-Build-Finance" project.

Project Locations

Address:
City: Cleveland
State: Ohio
Country: United States of America

Address: Innerbelt Bridge
City: Cleveland
State: Ohio
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Land: ODOT is replacing the current bridge on land that already belongs to the Public Sponsor.
Checkbox Checked Access to Land
Checkbox Checked Environmental Clearance

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers

Checkbox Checked

From Producers as Equity: The contracted company will be responsible for partial financing of construction costs.

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? Yes

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
3
0
Forms
Description
To Be Determined
 

Project Value (If and As Known)

Date of Estimated Project Value: February 27, 2013
Project Value
Hard Cost
Hard & Soft Costs
Total
$200-500 Million US
(none)
Array ( )

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