Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBFOM All Private Finance
# of Projects: 1
100% of the Results

Background informationProject Created: March 20, 2018

Project Name: Thurley's Bridge (Historical)
Year in Operation: 1654
Sector: Transportation
Subsector: Roads, Bridge
Status: In Operation
Type: New Facility
Description: The first toll bridge in what became the United States, authorized by the General Court of Massachusetts, which licensed Richard Thurley to build and maintain a toll bridge at his own expense over the Newbury (now the Parker) River at Rowley, MA.
Delivery Method as described in the country where it's located: Concession
Is the project still active: No
Comments:

Project Locations

Address: High Road
City: Newbury
State: Massachusetts
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: Massachusetts colonial legislature authorized the crossing over the river (land not owned by Thurley)
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): General Court of Massachusetts (the colonial legislature) fixed the toll at two shillings for horses, cows, and oxen; one-half shilling for hogs, sheep, and goats. Humans were toll free.

Souces of Project Support (Monetary)

Checkbox Checked

From Producers as Equity: Richard Thurley was responsible for production of the bridge, operations, and maintenance. [At the time, there was no separation between the future fields of professional design (engineering and architecture) and construction.

Project Delivery & Finance Method

Project Delivery:
Design Build Finance Operate Maintain (All Private 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 independent checking engineer? No
Project Finance Method: All By Private Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals
Design Build Operate Finace & Maintain
X

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
0
0
Forms
Description
Other
The length of the concession is not known. 

Project Value (If and As Known)

Date of Estimated Project Value: January 11, 2018
Project Value
Hard Cost
Hard & Soft Costs
Pre-Feasibility (Public Sponsor Expense)
(none)
> $50 Million US
Total
< $200 Million US
< $200 Million US

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