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| ARTBA presents award for Best Project 2009 to ACS ARTBA (the American Road and Transportation Builders Association), made up of the main construction and engineering companies and transport departments for the USA's various authorities, awarded ACS several prizes at the 21st edition of its conference held in Washington. The event, aimed at the majority of the companies in the sector, awarded ACS Infrastructure Development, Iridium's US concessions subsidiary, the Best Project 2009 prize for the I-595 interstate expressway in Florida. Likewise, ARTBA presented Juan Santamarķa, ACS Infrastructure Development's concessions development director, with the award as "Private Sector entrepreneur 2009". The Florida Department of Transportation (FDOT) granted ACS Infrastructure Development, the North American concessions subsidiary of the ACS Group, the concession for the I-595 interstate expressway over 35 years, the first ever availability payment Contract in the United States as well as the first PPP in Florida. This project constitutes one of the main infrastructure arteries in Southern Florida as it links Fort Lauderdale and Miami with the State's west coast and currently carries 130,000 vehicles per day, which will need to be maintained while the construction work proceeds. The Florida Transportation Department's own authorities declared that the expansion, improvement and modernisation work on the expressway should be carried out in just five years, thanks to which they opted for the concession formula and private operation. The 1.7 billion US dollars contract, consists of the financing, design, construction, operation and maintenance of the road infrastructure for the next 35 years. The construction period will last approximately 5 years and operation 30, meaning that ACS will operate the expressway until the year 2044. write your comments about the article :: © 2009 Construction News :: home page |