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Keyword: p3

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  • Construction team to deliver AZ's first P3 highway 3 years early

    06/25/2017 1:12:54 PM PDT · by Tolerance Sucks Rocks · 8 replies
    ConstructionDIVE ^ | June 13, 2017 | Kim Slowey
    Dive Brief: The Arizona Department of Transportation has reported that the public-private partnership (P3) constructing the $1.9 billion Phoenix-area Loop 202 South Mountain Freeway will deliver the project in late 2019, three years ahead of schedule, according to Equipment World.The P3's private component, Connect 202 Partners — which is made up of Fluor Enterprises, Granite Construction, Ames Construction and WSP — restructured the 22-mile project so that the last section could be built all at once instead of as nine separate projects as the state originally planned.This is the first time a P3 as been used for a highway project...
  • State may take over I-69 Section 5; completion date pushed back for fourth time

    06/11/2017 9:14:31 PM PDT · by Tolerance Sucks Rocks · 10 replies
    The Bloomington Herald-Times ^ | June 6, 2017 | Michael Reschke
    The state of Indiana wants to take over the Interstate 69 Section 5 project. Three years after hiring a private developer to build the 21-mile stretch of interstate and then maintain it for 35 years after completion, the state issued a statement Monday saying its moving forward to assume control of the project. The proposed takeover was announced along with a revised substantial completion date nearly two years after the original. The new date for Section 5 is Aug. 31, 2018, according to the state finance authority. The statement from the Indiana Finance Authority was sent after media outlets, including...
  • CDOT's "Push Poll" On I-70 Expansion Draws Pushback

    05/21/2017 7:13:28 PM PDT · by Tolerance Sucks Rocks · 13 replies
    Westword ^ | April 24, 2017 | Alan Prendergast
    A telephone survey seeking opinions about the expansion of I-70 through east Denver is generating irate protests from some respondents, who say the survey seems designed to elicit positive responses about the purported benefits of the $1.8 billion project."It was one of the most one-sided push polls I ever listened to," Larry Patchett, a production technician for public television, wrote in a complaint to CDOT. "The entire thing was just a series of opportunities to validate your suppositions and PR spin on the I-70 Ditch project." The project, which would replace a crumbling six-lane viaduct with a below-grade, partially covered...
  • Appeals court upholds I-77 toll project

    05/07/2017 9:07:44 AM PDT · by Tolerance Sucks Rocks · 35 replies
    The Greensboro News & Record ^ | May 2, 2017 | Doug Clark
    A challenge to the state's I-77 toll lane was denied by the N.C. Court of Appeals today.The unanimous ruling by a three-judge panel upheld a lower court, which had dismissed a citizen group's attempt to stop the public-private project in Mecklenburg and Iredell counties.This was a big political issue in the 2016 governor's race, costing Pat McCrory a lot of votes in those counties. As a legal issue, the opposition doesn't seem to have much gas.I-77 from Charlotte to Mooresville is a traffic nightmare. To address the congestion, the state's DOT in 2014 signed a contract with a Delaware LLC...
  • Commuter alert: Legislators risk killing IDOT's plan to add I-55 toll lanes

    04/16/2017 7:13:21 AM PDT · by Tolerance Sucks Rocks · 17 replies
    The Chicago Tribune ^ | March 24, 2017 | Randy Blankenhorn
    In a matter of days, time will run out on a plan that could cut down on commuting times, pave the way for even less traffic congestion, and potentially give taxpayers a break. For reasons that remain unclear, the General Assembly has ignored the Illinois Department of Transportation's I-55 managed lanes project, and the cost of doing nothing has the potential to harm the state's ability to do business for years to come. The I-55 managed lanes proposal would add an express toll lane between the Veterans Memorial Tollway in the southwest suburbs and the Dan Ryan Expressway in Chicago....
  • Non-compete deal for tunnel may be costly

    01/05/2017 10:18:33 AM PST · by Tolerance Sucks Rocks · 2 replies
    The Durango Herald ^ | December 24, 2016 | Michael Laris (Associated Press)
    Virginia's top transportation oversight body voted earlier this month to move ahead with a major tunnel expansion. If everything goes as planned, the multibillion-dollar project could be good news for the traffic-snarled Hampton Roads region when it opens in 2024. But the commonwealth may also be setting itself up for a major financial body blow - and demonstrating the long-term consequences of mismanaging public-private partnerships.
  • I-66 tolls a good idea for Northern Virginia

    01/05/2017 8:00:41 AM PST · by Tolerance Sucks Rocks · 18 replies
    The Fairfax County Times ^ | December 19, 2016 | Patrick Rhode
    Dear Editor, As states and municipalities around the nation struggle to find ways to afford much-needed improvements to aging and congested roadways, the Commonwealth of Virginia has established itself as an innovative leader when it comes to carefully prioritizing the states transportation investments and wisely leveraging private sector resources to ensure the best deal for state taxpayers. The I-66 Outside the Beltway project exemplifies this leadership, and Cintra, together with its partner Meridiam, is proud to be part of the team selected by the Commonwealth to finance, design, build, operate and maintain this more than $3 billion transformative project at...
  • I-70 Expansion Subject Of Civil Rights Act Complaint

    12/30/2016 4:36:56 PM PST · by Tolerance Sucks Rocks · 19 replies
    CBS Denver ^ | December 7, 2016 | Lauren DiSpirito
    DENVER (CBS4)– Federal authorities told the Colorado Department of Transportation and opponents of the planned Interstate 70 expansion this week that it would open an investigation into claims the project violates the Civil Rights Act.The pending investigation comes in response to a federal complaint filed with the U.S Department of Transportation by Earthjustice, an environmental law firm, and neighborhood groups impacted by the project, including the Cross Community Coalition, Colorado Latino Forum and Elyria-Swansea Neighborhood Association. Filed last month, the complaint alleges CDOT’s plan will result in “disparate and severe environmental and economic impacts” on the predominantly Latino communities.Candi CdeBaca,...
  • VDOT awards I-66 procurement bid: Project to be funded entirely by private sector

    11/11/2016 8:22:30 PM PST · by Tolerance Sucks Rocks · 15 replies
    The Fairfax County Times ^ | November 11, 2016 | Angela Woolsey
    The Commonwealth of Virginia awarded procurement of its Transform66 Outside the Beltway project to I-66 Express Mobility Partners, a consortium of private companies, Virginia Gov. Terry McAuliffe announced on Nov. 3. I-66 Express Mobility Partners, which consists of transportation infrastructure company Cintra, public infrastructure investment firm Meridiam, and the contractors Ferrovial Agroman US and Allan Myers VA, Inc., will be responsible for financing, designing, building, maintaining and operating the interstate expansion. The Virginia Department of Transportations (VDOT) Transform66 Outside the Beltway project will add two express lanes in each direction between I-495 and Gainesville along with three general purpose lanes...
  • I-69 construction woes lead to another bond downgrade

    10/11/2016 1:03:45 AM PDT · by Tolerance Sucks Rocks · 15 replies
    Indiana Business Journal ^ | September 20, 2016 | Susan Orr
    Continuing delays on the construction of Interstate 69 between Bloomington and Martinsville have led to another ratings downgrade on the bonds issued to help finance the project. Standard & Poor’s has lowered its rating from BB+ to BB- on $244 million in bonds issued by the Indiana Finance Authority in 2014 for the interstate project. “The rating action reflects our view of increased construction risk at the project, which is eight months behind schedule and about 56 percent complete,” S&P Global Ratings credit analyst Tony Bettinelli said in the ratings agency’s statement on the downgrade last week. The 21-mile project,...
  • I-69 work needs more supervision

    10/11/2016 12:50:47 AM PDT · by Tolerance Sucks Rocks · 2 replies
    The Daily Journal ^ | October 11, 2016 | Bloomington Herald-Times
    The state of Indiana needs to do a better job of looking out for the interests of Hoosiers, especially Monroe County Hoosiers, when it comes to construction of Interstate 69. Section 5 of the project, the part that starts just south of Bloomington and goes north to Martinsville, has run into problems. Not for the first time. Again, the private development company the state picked to build the highway has fallen behind on payments for work thats been done. So major contractor Crider & Crider of Bloomington has stopped working, again, until it gets paid. State officials arent saying so,...
  • California pension investment ticks off state engineers union

    05/15/2016 12:47:13 AM PDT · by Tolerance Sucks Rocks · 1 replies
    The Sacramento Bee ^ | May 10, 2016 | Jon Ortiz
    Add one more investment to the list of CalPERS controversial investments: a privately run state highway. The retirement fund recently purchased 10 percent of Indiana Toll Road Concession Co. The firm runs a 157-mile stretch of highway that runs across northern Indiana from Illinois to Ohio. Californias state engineers union says its a horrible investment that sinks government employees money into a project that, ironically, is hostile to government employees. The toll-road company is the first of what fund managers anticipate will be more investments in infrastructure and transportation projects as the $291 billion system broadens its reach into those...
  • I-55 to see first P3 managed lane project in Illinois history

    02/08/2016 8:11:36 PM PST · by Tolerance Sucks Rocks · 8 replies
    Better Roads (Equipment World) ^ | February 8, 2016 | Chris Hill
    Illinois Gov. Bruce Rauner has announced with members of the state general assembly a plan allowing the Illinois Department of Transportation (IDOT) to add at least one additional lane in each direction to a 25-mile stretch of Interstate 55 near Chicago using a public-private partnership (P3) agreement. IDOT is allowed to use P3 agreements only if the general assembly adopts a resolution supporting a proposed project, a state law in place since 2011. This would be the first P3 managed lane project in the state. “By using existing resources to leverage private investment, we can build the type of infrastructure...
  • 2015's greatest hits: Nation's first bicycle HOT lanes planned for Mt. Vernon Trail

    01/02/2016 5:17:39 PM PST · by Tolerance Sucks Rocks · 26 replies
    Greater Greater Washington ^ | April 1, 2015 (originally) and December 31, 2015 | Seymour Rhodes
    The National Park Service and the Virginia Department of Transportation (VDOT) have announced a new partnership to construct the nation's first bicycle High Occupancy/Toll Express Lanes on the Mount Vernon Trail between Rosslyn and Mount Vernon.
  • As China Deploys Nuclear Submarines, U.S. P-8 Poseidon Jets Snoop on Them

    10/24/2014 8:23:02 PM PDT · by sukhoi-30mki · 10 replies
    The Wall Street Journal ^ | Oct. 24, 2014 | JEREMY PAGE
    OKINAWA, JapanSwooping down to 500 feet over the western Pacific, Cmdr. Bill Pennington pilots his U.S. Navy P-8 Poseidon surveillance aircraft toward an unidentified vessel off southern Japan. In the back of the plane, a heavily modified Boeing 737, the crew homes in on the vessel using a barrage of surveillance equipment, including radar, GPS and infrared cameras. Further down the fuselage stand rows of tube-shaped sonar buoys that the crew can catapult into the sea and that float for up to eight hours as they track objects underwater. This is a dummy run: Todays target is a Singaporean container...
  • CVS Caremark plans to stop tobacco products sales

    02/05/2014 5:01:07 AM PST · by Red in Blue PA · 190 replies
    CVS Caremark is kicking the habit of selling tobacco products at its more than 7,600 drugstores nationwide as it focuses more on providing health care. The nation's second-largest drugstore chain said Wednesday that it will phase out cigarettes, cigars and chewing tobacco by Oct. 1, a move that will cost about $2 billion in annual revenue but won't affect its 2014 earnings forecast. CVS Caremark leaders say removing tobacco will help them grow the company's business of working with doctors, hospitals and other care providers to improve customers' health.
  • LAAD Defence and Security 2013: US mulls P-3 MPA sale to Vietnam

    04/14/2013 10:59:22 PM PDT · by sukhoi-30mki · 11 replies
    IHS Janes ^ | 4/12/2013 | Gareth Jennings
    LAAD Defence and Security 2013: US mulls P-3 MPA sale to Vietnam By Gareth Jennings 4/12/2013 The Socialist Republic of Vietnam is expected to request from the US government the sale of Lockheed Martin P-3 Orion maritime patrol aircraft (MPA), a senior company official told IHS Jane's on 10 April. Speaking at the LAAD Defence and Security 2013 exhibition in Rio de Janeiro, Clay Fearnow, director maritime patrol programmes, said the Vietnamese Navy was keen to buy up to six surplus P-3s to help patrol the country's nearly 3,500 km coastline and 1,396,299 km2 Exclusive Economic Zone (EEZ). "The Vietnamese...
  • After nearly a half-century, Maryland House to close its doors

    09/11/2012 12:01:47 PM PDT · by Tolerance Sucks Rocks · 15 replies
    The Baltimore Sun ^ | September 8, 2012 | Candy Thomson
    At one minute past midnight on Sept. 16, a state landmark known by millions of motorists will go dark. Employees will say their goodbyes before the doors and off-ramps are barricaded at Maryland House, the Interstate 95 travel plaza in Harford County that opened in 1963. Within weeks, wrecking crews will level the neo-Georgian brick structure to make way for a new building, the flagship of an ambitious public-private partnership valued at a half-billion dollars. The same night, the smaller Chesapeake House in Cecil County will change as new vendors replace old ones. In a year, it too will come...
  • VP-1 Assists in Taiwanese Fishing Vessel Rescue

    04/23/2012 7:34:45 PM PDT · by Excuse_My_Bellicosity · 8 replies
    Navy.mil ^ | 4/21/2012 | Commander, U.S. 7th Fleet Public Affairs
    USS BLUE RIDGE, At Sea (NNS) -- A P-3 Orion from Patrol Squadron (VP) 1, in conjunction with the U.S. Coast Guard's District 14, assisted in the rescue of 10 Taiwanese fishermen April 21, 700 miles off the west coast of Guam. At approximately 4:30 p.m., local time, Coast Guard Sector Guam received an initial alert from an Emergency Position Indicating Radio Beacon from the Hsin Man Chun, the 70-foot Taiwanese fishing vessel. After a request for assistance from the Coast Guard, VP-1's P-3 located 10 crew members from the fishing vessel that was reported to be on fire. VP-1...
  • Company challenges award of travel plaza contract

    02/01/2012 2:04:00 AM PST · by Tolerance Sucks Rocks · 2 replies
    The Baltimore Sun ^ | January 31, 2012 | Candus Thomson
    The multimillion-dollar contract to turn Maryland's travel plazas on Interstate 95 over to an out-of-state company is being challenged by a Bethesda-based firm that says the bidding process favored the eventual winner. HMSHost has filed a protest with the Maryland Transportation Authority, saying that bid specifications to replace the Maryland House and Chesapeake House were too vague and that Areas USA, a Florida company, was the only bidder allowed to sweeten its offer. "This is like a kick in the gut and we're trying to get our breath back," said Michael Jones, the HMSHost vice president who put the bid...