Project Details

✔ Project has been published!

Results Chart for Delivery Method and Financing

Delivery Method

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

Background informationProject Created: September 11, 2008

Project Name: Santa Ana Viaduct Express SAVE (SR-57)
Year in Operation:
Sector: Transportation
Subsector: Bridge
Status: Project Definition / Programming
Type: New Facility
Description: Congestion relieving toll road in the "Orange Crush" of Orange County CA. The proposal was to add capacity by extending SR57 through heavily congested area by constructing a viaduct over the existing Santa Ana River flood control channel as the ROW for 8.3 miles of the 11.7 mile project. 3 additional miles along the existing ROW for I-405, and the balance alongside existing Route 73.
Delivery Method as described in the country where it's located: Build Operate Transfer
Is the project still active: Yes
Comments: Highest ranked one of four projects authorized under California Assembly Bill AB 680. Proposed, franchise awarded, but not built, because of financial problems of Orange County.

Project Locations

Address:
City: Orange County
State: California
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: Funding of initial engineering support by cash contribution from county.

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: 800 million in debt proposed.

Checkbox Checked

From Producers as Equity: $50 million

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
35
0
Forms
Description
Other
Documents prepared by parties. 

Project Value (If and As Known)

Date of Estimated Project Value: September 11, 2008
Project Value
Hard Cost
Hard & Soft Costs
Total
$500 Million - 2 Billion US
(none)
Array ( )

Warning!!!

You are about to delete: .

Confirm Deletion Cancel