Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

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

Background informationProject Created: January 27, 2018

Project Name: Rapid Bridge Replacement Project (PA)
Year in Operation: 2018
Sector: Transportation
Subsector: Bridge
Status: In Operation
Type: Substantial Alteration of Existing Facility
Description: 28-year design-build-operate-maintain contract awarded by Pennsylvania DOT to consortium of Plenary Walsh Keystone Partners to replace 558 aging bridges throughout the state. From a list of > 2000 structurally deficient bridges in the state, PennDOT identified 558 bridges in two regions of the state, securing right-of-way and permitting approvals for those bridges to accelerate the project, once awarded. All of the bridges are relatively small, many only single-span, two-lane structures of similar characteristics. Multiple factors were considered in selecting the bridges to be included in this program, including age, length, number of lanes, and average daily traffic, as well as impact on utilities, railroads, and a wide range of potential environmental impacts.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: No
Comments: Replacement bridges are designed to last over 100 years.

Project Locations

Address: Route 340
City: Salisbury Township
State: Pennsylvania
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: PennDOT secured right-of-way before the competition awarding the concession contract.
Checkbox Checked Environmental Clearance: PennDOT secured permitting approvals for the bridges to help accelerate the project and ensure the replacement of bridges began quickly after awarding the contract.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: PennDOT has secured the authority to issue up to $1.2 billion in Private Activity Bonds (PABs) from the U.S. Department of Transportation. PABs are tax-exempt bonds, which are less expensive than traditional financing options available to private firms, and will account for the majority of the total capital costs at a low borrowing cost.

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: Plenary Group USA Ltd. And Walsh Investors, LLC are providing financing and long-term management. HDR, Inc. is the lead design firm. Walsh/Granite JV is the joint-venture team leading construction. Walsh Infrastructure Management will provide maintenance for a 25-year period upon completion of the bridges.

Project Delivery & Finance Method

Project Delivery:
Design Build Operate Maintain (Partially 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 or Partially 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
28
0
Forms
Description
Mandatory Statutory Form
The P3 law was enacted by the PA General Assembly and signed by Governor Tom Corbett in 2012, providing PennDOT with another tool to address the state infrastructure needs, including the challenge of replacing SD bridges. The P3 approach will allow PennDOT to replace SD bridges more quickly, minimizing impact on the public; generate savings by bundling bridges into one contract to get the advantage of economies of scale; allow PennDOT to use the savings to address other needs. 

Project Value (If and As Known)

Date of Estimated Project Value: June 1, 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
Total
$500 Million - 2 Billion US
$500 Million - 2 Billion US

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