Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DB
# of Projects: 1
100% of the Results

Background informationProject Created: November 16, 2018

Project Name: Wekiva Parkway Section 8
Year in Operation: 2022
Sector: Transportation
Subsector: Roads, Bridge
Status: Design / Construction
Type: New Facility
Description: Section 8 of the $1.6 Billion 25-mile Wekiva Parkway (toll road) that runs through Orange, Seminole, and Lake counties that provides alternative routes into downtown Orlando. Section 8 is a Design Build section from Orange Boulevard past Rinehart Rd, and includes the Parkway interchange at Interstate 4 that connects with FL 417.
Delivery Method as described in the country where it's located: Design Build
Is the project still active: Yes
Comments:

Project Locations

Address: International Parkway
City: Lake Mary
State: Florida
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The Wekiva Parkway project is a collaboration between the Florida DOT, Florida's Turnpike Enterprise, and the Central Florida Expressway Authority. Lane Construction Co is the Design Build Contractor. DRMP is the design partner. The project was awarded at $253Million.

Project Delivery & Finance Method

Project Delivery:
Design Build (All Public Finance). Public Sponsor contracts for both initial design and construction with a single entity. Public Owner operates and maintains the resulting facility.
Is there an independant checking engineer? No

Procurement Approach

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

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Initial Design and Construction
4
0
Forms
Description
Don't Know
 

Project Value (If and As Known)

Date of Estimated Project Value: October 5, 2018
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
$100-250 Million US
$100-250 Million US
Total
$200-500 Million US
$200-500 Million US

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