Bibby Finance Bibby Finance
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Tue April 24 2018

Related Information
Related Information
Related Information
Related Information

News » International » Maryland starts bidding for $4bn rail PPP » published 16 Apr 2013

Maryland starts bidding for $4bn rail PPP

Maryland Transit Administration (MTA) has issued a request for information seeking private sector input into two proposed light rail lines.

It is looking for the best practices and innovative approaches to deliver the Maryland Purple Line and the Baltimore Red Line.

The RFI was issued within days of Maryland’s new public-private partnership (PPP) legislation being signed into law by governor Martin O’Malley.

The cost estimate for two light rail lines is US$2.5bn (£1.6bn) for the 16-mile Purple Line and US$1.8bn (£1.2bn) for the 14-mile Red Line.

The new law and the passage of the 2013 Transportation Infrastructure Investment Act will generate US$4.4bn for transportation in the first six years alone, said O’Malley.

Construction is planned to start in 2015 with the goal of having the light rail lines completed and in service after 2020. 


Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 16 Apr 2013 (last updated on 16 Apr 2013).

More News Channels