Approval of the P3 contract for Miami Dade County’s new civil and probate courthouse has been pushed back.
The item that was to be considered by the Board of County Commissioners today was to authorize the award of the P3 contract to Plenary Justice Miami.
This item also included authorization of an Interdepartmental Agreement between the Internal Services Department (ISD) and the Department of Transportation and Public Works (DTPW) for the use of Federal Transportation Administration (FTA) grant assisted property for non-transit purposes in exchange for annual payments from ISD to DTPW in support of the Strategic Miami Area Rapid Transit (SMART) Plan and directs the County Mayor to incorporate any necessary budgetary adjustments.
However the approval required by the US Department of Transportation's FTA has not been received, and the board could only consider the item with this approval.
P3 Bulletin understands approval from the FTA had been expected prior to today.
The administration has recommended to the board the award of the DBFOM contract to the Plenary-led team that included HOK, Tutor Perini and Johnson Controls.
Staff noted: “Plenary and its team members are qualified and have relevant P3 experience with courthouses to successfully complete this project, as demonstrated by its recent completion of the Long Beach Civic Center P3 project in 2019. Plenary is an established developer in the North America P3 market and plans to make the New Courthouse a positive example of a social infrastructure P3 that others will look to emulate. The proposed design met the County’s technical objectives and provided the County with a comprehensive and flexible courthouse that will serve the legal community for decades to come. The County’s financial consultant, BMO Capital Markets Corp., performed a review of the Developer’s financial capabilities and determined Plenary Justice Miami LLC’s financial plan was stable and that the Developer was qualified to undertake the financial obligations contained in the Courthouse Agreements. Plenary Justice Miami LLC offered the lowest design-build price and the lowest facility management charge for the New Courthouse”.
The two other shortlisted teams were led by Meridiam/EllisDon and Sacyr/DIF/Macquarie.