Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

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

Background informationProject Created: August 30, 2017

Project Name: Interstate 80-90 PUSH Project (Indiana, USA)
Year in Operation: 2017
Sector: Transportation
Subsector: Roads, Bridge
Status: In Operation
Type: Substantial Alteration of Existing Facility
Description: The 80/90 PUSH Project will reconstruct over 70 miles of pavement and make improvements to 53 bridges along the Interstate 80-90 corridor across the northern edge of Indiana. The project runs from mile maker 20 in the west near Lake Station to mile marker 93 in the east near Elkhart. The project has been undertaken by the Indiana Toll Road Concession Company (ITRCC), which is the DBFOM concession operator of the Indiana Toll Road. The purpose of the project is not only to make the roadway safer and smoother, but to change the nature of the ongoing O&M obligations connected to this portion of the Toll road. The project will reduce life cycle costs by changing the condition of the assets to only require routine maintenance. The goals of the project are these: (i) Reduce the level of maintenance required in the future. (ii) Provide a smoother and safer road to improve travel conditions and lower vehicle operating costs. (iii) Widen key bridges to reduce crash risk. (iv) Upgrade the ITR communications system to enable more efficient response to customers. (v) Deliver state-of-the-art technology to improve safety and customer service.
Delivery Method as described in the country where it's located: Operations & Maintenance
Is the project still active: Yes
Comments: This is an OM&R contract let by the concessionaire to improve the overall condition of 70+ miles of the Indiana Toll Road. through a competitive selection process.

Project Locations

Address: I-80
City: Elkhart
State: Indiana
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): This project is part of the scope of ongoing OM&R work under a previous DBOM concession contract.

Souces of Project Support (Monetary)

Checkbox Checked

From Producers as Equity: $200 million OM&R project is by the concession contractor, who has contractual obligation to maintain and operate the facility during the concession term.

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? No
Project Finance Method: All By Public Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals
Design Build Operate and Maintain

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
0
0
Forms
Description
Don't Know
OM&R is performed by the concession contractor during the term of the concession. 

Project Value (If and As Known)

Date of Estimated Project Value: January 11, 2017
Project Value
Hard Cost
Hard & Soft Costs
Pre-Feasibility (Public Sponsor Expense)
(none)
> $50 Million US
Operations & Maintenance
$200-500 Million US
$200-500 Million US
Total
$200-500 Million US
$200-500 Million US

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