LAX P3 contract approved

Los Angeles World Airports (LAWA) Board of Airport Commissioners (BOAC) has approved the contract award for Consolidated Rent-A-Car (CONRAC) Facility; Fengate shortlisted for Georgia P3

The board has approved a not-to-exceed $2,028,302,301 28-year contract for LA Gateway Partners (LAGP) to design, build, finance, operate, and maintain (DBFOM) the ConRAC facility at Los Angeles International Airport (LAX).

“With today’s board approval, we have completed the procurement process on the major components of the Landside Access Modernization Program (LAMP),” said BOAC president Sean Burton.

Last month, BOAC approved an early works agreement with LAGP not to exceed $5m, which allowed the developer to move forward with pre-construction activities.

LAGP is led by equity members Fengate Capital Management, PCL Investments USA, and MVI Finance. The lead contractor is PCL Construction Services. The lead designer is PGAL and AC Martin Partners. The lead O&M provider is Johnson Controls, while the Quick Turn Around manager is MVI Field Services. Key engineers are Kimley-Horn and Associates, Englekirk Institutional, and Robert and Company.

Meanwhile, Fengate has revealed it is leading one of the three teams shortlisted for the Georgia Interstate Broadband Deployment Project P3 by the Georgia Department of Transportation. The Georgia Broadband Group consortium comprises Fengate Asset Management, eX2 Technology, A2D, J. Fletcher Creamer & Son, and Aecom Technical Services.