South Carolina (statewide)
|Project Sponsor / Borrower||
South Carolina Department of Transportation (SCDOT)
Highway / Bridge
This statewide effort from 1999 to 2008 accelerated the implementation of 200 highway improvement projects worth over $5.0 billion from 27 to 7 years.
SCDOT entered into partnerships with two private construction and resource management (CRM) firms to undertake strategic planning and financial management and coordinate design and construction activities, all without augmenting the size of the state agency. The state was divided into two regions, with Fluor Daniel responsible for the West and Parsons Brinckerhoff for the East. FHWA also worked closely with SCDOT to administer the partnership and a number of other innovative financing programs.
27 in 7 encompassed Interstate widening projects; interchange improvements; the 16-mile, four-lane Southern Connector; and the Cooper River Bridge Replacement, the single largest project in the history of SCDOT. The CRM contractor developed project and cash management software and procedures to manage projects and the bond proceeds by SCDOT and its two CRM partners.
Total Program Value - $5.3 billion
CRMs each responsible for $750 million subprograms
Debt financing backed by tolls receipts on selected facilities and future federal and state aid receipts
|Project Delivery / Contract Method||
Best Qualified Competitive RFP Process.
The CRM contracts were lump sum for management functions over five years, with a milestone payment schedule for design and construction engineering and inspection services. Right-of-way services provided on a per-parcel fee basis.
Program managers - Fluor Daniel (West Region) and Parsons Brinckerhoff (East Region)
|Project Advisors / Consultants||
Bondholders, USDOT TIFIA
|Duration / Status||
Program completed in 2008
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