A request for qualifications for the Wetland Mitigation Banking project is anticipated to be released in the third quarter of 2018, a spokesperson for PennDOT told P3 Bulletin.
The project involves the development, design, construction, implementation, maintenance, operation and commercialization of wetland mitigation banking regionally or statewide. PennDOT had issued a request for information inviting interested private sector teams to respond with proposals in February 2018.
Once the RFQ is released, responses will be evaluated and a shortlist of potential development entities will be chosen. A request for proposals is scheduled for issuance in winter 2018-2019, with the development entity chosen in spring/second quarter 2019, PennDOT added.
In addition to releasing the RFQ for the Wetlands Mitigation Banking project, PennDOT is also anticipating the release of the final request for proposals for the Middletown Station Improvement P3 project in the third quarter of 2018. Keystone Connections, a consortium led by Cedarwood Development and Star America Capital Advisor, was the sole team shortlisted for the project in January 2017.
That project entails the development, design, build, finance, operation, and maintenance of parking facilities that provide a minimum of 400 parking spaces for transportation use at the station, as well as surrounding commercial development.
Additionally, the project will include the construction of the Emaus Street extension and a pedestrian bridge over Route 230 to the Penn State-Harrisburg campus. Work on the new station and platform, estimated to cost $24.4m, is expected to start towards the end of 2018.
Finally, PennDOT is also expecting release of a request for information for a Truck Parking project this calendar year.