The Florida Department of Transportation announced Thursday, it is currently reviewing four short-listed technical and financial proposals and that the best value proposer will be selected at a public meeting on April 23, 2014.
FDOT short-listed four proposers on June 5, 2013, and all four short-listed proposers submitted technical proposals on February 12, 2014 seeking the contract to design, build, finance, operate and maintain the project known as the I-4 Ultimate through a public-private partnership (P3) Concession Agreement.
The project includes the reconstruction of 21 miles of I-4 from west of Kirkman Road in Orange County to east of State Road 434 in Seminole County. The I-4 Ultimate project adds four tolled express lanes to I-4 while maintaining the existing free general use lanes, providing a choice to motorists.
Financial Proposals were received from the following Proposer Teams:
1. Ultimate Mobility Partners
2. I-4 Mobility Partners
3. 4wardPartners
4. I-4 Development Partners LLC
A more detailed list of each proposer team may be found at:
www.moving-4-ward.com, under Project Info/Docs, Procurement. http://www.moving-4-ward.com/about-the-project/documentspresentations/#procurement
The Technical Proposals address the Proposer Team’s approach and schedule for designing and constructing the project as well as operating and maintaining the facility on behalf of FDOT following construction. Financial Proposals include the price and demonstration of the Proposer Team’s ability to arrange and close financing on favorable terms.
