The Bridge City Infrastructure Group, Bridge City Partners and the Graham Commuter Partners now have until the summer of 2015 to submit their proposals for the project, with a preferred bidder expected to be announced in November of next year.
Technical submissions will be scored on a pass/fail basis, with 70% being the threshold to proceed to the financial plan and price submission.
The price submission will include capital construction costs, operating and maintenance costs, and renewal costs over the 30-year term of the project.
The three teams were shortlisted for the design, build, finance, operate and maintain deal in October.
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