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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers: Mixed public and private funding, under 26 year concession arrangement. The project is being managed by the Dutch Infrastructure Authority Rijkswaterstaat.
From Private Capital Markets Directly to Producers as Debt: The design-build portion of the $710 Million project is reported by ENR to be valued at just less than $600 million. The maintenance portion is valued at approximately $120 M, as reported by ENR. The concessionaire is OpenIJ. Participants are BAM-PGGM and VolkerWessels-DIF. After contract close all construction activities will be carried out by BAM and VolkerWessels. The dredging activities will be carried out by subcontractors Van Oord and Boskalis. ENR reported in December 2017 that the concessionaire has decided to redesign two gate caissons, at an additional expense of approximately $65 Million and with a delay of completion into 2020, to stiffen the lock's structure. The redesign involves new stiffening cross walls and heavier reinforcement. The strengthened design is reported to be at the concessionaire's expense.