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: December 14, 2017

Project Name: Harbor Bridge Replacement Project - US181 - Corpus Christi, TX
Year in Operation: 2020
Sector: Transportation
Subsector: Roads, Bridge
Status: Design / Construction
Type: Substantial Alteration of Existing Facility
Description: US 181 Harbor Bridge Project extends north-south along US 181 and SH 286 and east-west along I-37, and includes: US 181 at Beach Avenue on the north; SH 286 at Morgan Avenue on the south; I-37 and Up River Road on the west; and I-37 and Shoreline Boulevard on the east (referred to herein as the “Project”); including the maintenance of the Project for 25 years.
Delivery Method as described in the country where it's located: Design Build Operate Maintain
Is the project still active: Yes
Comments: The contracted O&M period is 25 years after completion of design and construction. The O&M period can be reduced to as little as 5 years, at the option of TX DOT, per the pricing established through the competitive bidding process, and incorporated into the contract.

Project Locations

Address: Texas I-35
City: Corpus Christi
State: Texas
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)

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: TX DOT is funding the project, with fixed price commitments to pay for design and construction ($802M), O&M payments for the road section (+/-$62M) and for the bridge section (+/-$60M), and renewal payments for specific additional items of bridge work (+/-$15M) and roadway work (+/-$40M) identified in the contract as future renewal work.

Project Delivery & Finance Method

Project Delivery:
Design Build Operate Maintain (All Public Finance). Public Sponsor contracts for initial design, construction, and for long term operations and maintenance with a single entity. At the end of the term, Public Sponsor regains control of the 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
X
X
Project Component
Yes
No
Is Negotiation of the Price Permitted After Selection of the Winner?
X
Is Negotiation of the Scope of Services Permitted After Selection of the Winner?
X
Are the fees (tolls) to be charged to users over the term an evaluation factor user in Selection of the Winner?
X

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
29
0
Forms
Description
Mandatory Statutory Form
Typical Comprehensive Development Agreement format used by TX DOT. 

Project Value (If and As Known)

Date of Estimated Project Value: September 28, 2015
Project Value
Hard Cost
Hard & Soft Costs
Pre-Feasibility (Public Sponsor Expense)
(none)
> $50 Million US
Design
$25-100 Million US
$25-100 Million US
Construction
$250 Million - 1 Billion US
$250 Million - 1 Billion US
Operations & Maintenance
< $200 Million US
$200-500 Million US
Total
$500 Million - 2 Billion US
$500 Million - 2 Billion US

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