|Project Borrower / Sponsor||Georgia Department of Transportation (GDOT)|
The Northwest Corridor project, formerly known as West by Northwest Corridor project, extends along 29.7 miles of I-75 and I-575 and includes the following components:
The design-builder will be responsible for design and construction of the road, including tolling ITS, signage, and integration of components, and will also be required to finance 10–20 percent of the cost of the project.
GDOT will be responsible for managing the procurement process and overseeing the design and construction of the facility. GDOT will also be responsible for the long-term operation and maintenance of the highway. Georgia State Road and Toll Authority (SRTA) will be responsible for the tolling operations, tolling gantries and equipment and for communicating with customers about tolls.
|Cost||$950 million (estimated)|
State motor fuel taxes - $300 million
TIFIA (LOI accepted) - $270 million
GDOT work program funds - $200 million
DBF partner gap financing - $80–160 million (to be repaid by the state)
|Project Delivery/Contract Method||DBF (design-build-finance)|
|Private Partner||To be awarded|
PRAG, Ernst & Young – financial advisors
Greenberg Traurig, Nossaman – legal advisors
HNTB – technical advisor
Aon – insurance advisor
Stantec – Investment Grade traffic and revenue advisor
The project was previously going to be procured as a DBFOM concession but the state canceled the procurement in December 2011 and has since pursued a DBF approach.
Three shortlisted candidates remain in the bidding for the DBF contract:
The Request for Proposals (RFP) was issued in December 2012 and proposals are due June 2013.
Construction is estimated to start summer 2014 and be complete spring 2018.
|Financial Status||Not yet financed; in procurement|
|Related Links/Articles||GDOT Northwest Corridor Website|
|Contacts||John D. Hancock, P.E.
Assistant State Innovative Program Delivery Engineer
GDOT Office of Innovative Program Delivery