Winner for Georgia highway P3

A preferred bidder has been named for Georgia’s I-285/GA 400 interchange reconstruction project in Atlanta.

The North Perimeter Contractors consortium has won the $679m contract and will now design, build and partially finance the road. 

The team is a partnership between contractor Ferrovial Agroman US Corp and engineering firms the Louis Berger Group and Neel-Shaffer.

Final selection was weighted 80% on price and 20% on technical capabilities, which included, project management, traffic management, schedule, and disadvantage business involvement, according to the Georgia Department of Transportation (GDOT).

The original valuation of the 285/400 Reconstruction Project anticipated a total cost of $1.1bn, however, through the P3 procurement model, GDOT has selected the winning bid of $460m.

The project will be funded through a combination of federal, state, Perimeter CIDs, and private sector funds provided by North Perimeter Contractors.

The project now remains in active procurement until a final agreement is executed in January next year.

North Perimeter Contractors beat off bidders including Balfour Beatty and Parsons, which were also shortlisted in February.

For more information, click here