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| Georgia DOT Signs First-Ever PPI Contract for Northwest Corridor The Georgia Department of Transportation (DOT) has signed the $38.5 million Developer Services Agreement with Georgia Transportation Partners (GTP), a joint-venture company formed by Bechtel Infrastructure Corporation and Kiewit Southern Co. that has proposed significant improvements to relieve congestion along Interstates 75 and 575 (the "Northwest Corridor"). The agreement provides the procedural framework for the Georgia DOT and private-partner GTP to examine improvements to the Northwest Corridor. Congestion relief options to be studied include a combination of High Occupancy Vehicle, High Occupancy Toll, Express Toll and Truck-Only/ Toll lanes, and a Bus Rapid Transit system. The entire scope of services for the DSA is to be completed no later than July 1, 2009. Recent Georgia law allows private-sector entities to submit proposals for public-sector projects. The state reviews these PPI proposals, makes them public and allows for other companies to submit competing proposals. GTP's is the first accepted by the Georgia DOT and the State Transportation Board since the General Assembly passed legislation in 2004 allowing PPI projects. The GTP team includes 19 engineering, financial services and consulting firms, who along with Bechtel and Kiewit Southern are under contract to perform preliminary engineering and development services in support of transportation improvements to the Northwest Corridor. write your comments about the article :: © 2006 Construction News :: home page |