Finalists Vying to Develop Illiana Expressway
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Indiana Department of Transportation says four developer teams are still in the running to design, build, finance and operate the state's section of the Illiana Corridor and I-65 expansion in Lake County. A final request for proposals is expected this summer and construction on the corridor could start in spring 2015. February 28, 2014
News Release
INDIANAPOLIS, Ind. – Four well qualified developer teams will compete to design, build, finance, operate and maintain Indiana's portion of the Illiana Corridor and I-65 expansion in Lake County.
The Illiana Corridor is a proposed 47-mile freeway that extends from I-55 in Illinois on the west to I-65 in Indiana on the east. The corridor is located in Will County in Illinois and Lake County in Indiana. When built, the Illiana will reduce truck traffic on local roads, resulting in improved safety, travel times, and access to jobs.
The Indiana Finance Authority and Indiana Department of Transportation selected the finalists from six teams that responded to a recent Request for Qualifications. IFA and INDOT representatives will meet with the short-listed teams in the next few weeks to solicit ideas and discuss the procurement process in greater detail.
Indiana anticipates issuing a final Request for Proposals this summer following federal environmental approval. Illinois and Indiana plan to begin construction on the Illiana in late spring/early summer of 2015.
The four short-listed teams are listed below in alphabetical order. The Request for Qualifications and additional information is at www.in.gov/ifa/2763.htm.
Illiana Corridor Transportation Group
Equity Members: ACS Infrastructure Development, Inc. and Fengate Capital Management Ltd.
Lead Contractor: A joint venture of Dragados USA, Inc., F.H. Paschen, S.N. Nielsen & Associates, LLC, and William Charles Construction Company, LLC
Lead Engineering Firm: Jacobs Engineering Group, Inc.
Operations & Maintenance: Illiana Corridor Transportation Group
Illiana East Mobility Partners
Equity Members: Cintra Infraestructuras, S.A.
Lead Contractor: A joint venture of Ferrovial Agroman US Corp and White Construction, Inc.
Design & Engineering: Janssen & Spaans Engineering, Inc.
Operations & Maintenance: Cintra Infraestructuras, S.A.
Isolux Infrastructure Netherlands, B.V.
Equity Members: Isolux Infrastructure Netherlands, B.V.
Lead Contractor: Corsan-Corviam Construccion, S.A.
Lead Engineering Firm: Joint Venture AZTEC/TYPSA, a joint venture of AZTEC Engineering Group, Inc. and TYPSA
Operations & Maintenance: Isolux Infrastructure Netherlands, B.V.
WM Indiana-Illiana Partners, LLC
Equity Members: Meridiam Infrastructure Illiana IN, LLC and Walsh Investors, LLC
Lead Contractor: Walsh Construction Company II, L.L.C.
Lead Engineering Firm: Parsons Transportation Group
Operations & Maintenance: WM Indiana-Illiana Partners, LLC
Indiana is a national leader in attracting private funding and innovation to deliver transportation projects sooner than expected and at the lowest possible cost to taxpayers. For its portion of the Illiana Corridor, Indiana plans to leverage the state’s credit rating to secure low-cost private financing. This payment structure makes rising construction costs and the risk of operations and maintenance the responsibility of the winning private-sector team. If the road does not meet performance standards for quality, schedule and maintenance, the recurring, inflation-adjusted payments to the private team are reduced according to the contract.
Procurement of the Illinois portion is being handled separately by the Illinois Department of Transportation. IDOT announced on Jan. 18 that four teams will be permitted to bid on the Illinois portion of the Illiana. Illinois and Indiana are working together to coordinate technical requirements, tolling policy, the federal environmental approval process, and construction schedules for the two-state project.
For more information about the project, visit www.IllianaCorridor.org/P3.
Source: The Indiana Department of Transportation