Transurban and Macquarie Capital announce Industry Day Wednesday, June 16, 2021 with focus on Disadvantaged Business Enterprise (DBE) participation
Tysons, VA --News Direct-- AM Partners
Accelerate Maryland Partners LLC (AM Partners), the preferred Developer for Maryland’s American Legion Bridge I-270 to I-70 Relief Plan, announced today the launch of a selection process for its Design and Construction (D&C) Contractor(s). The competitive solicitation will identify highly qualified contracting teams to design and construct the plan’s first segment known as Phase South. To engage interested parties, AM Partners will begin the competitive procurement process by hosting an Industry Day event on June 16, 2021, followed by optional one-on-one meetings with those D&C Contractors who meet specific criteria and wish to discuss the project opportunity further.
Phase South comprises approximately 14 miles of heavily traveled highways in Maryland from the George Washington Memorial Parkway (GWMP) across the American Legion Bridge and along I-495 to the interchange at I-270 and up to I-370. Phase South is further broken down into two (2) separate design and construction phases – Phase South A and Phase South B. Phase South A covers I-495 from the vicinity of the GWMP to I-270. Phase South B extends from I-270 (at I-495) to I-370.
“This design and construction procurement is an important early milestone in our promise to deliver on Maryland and Accelerate Maryland Partners shared objectives for the project,” said Pierce Coffee, president of Transurban North America. “And both Transurban and Macquarie Capital will be implementing programs to fully support the local business community as part of this procurement process, and look to exceed subcontracting goals to small, women-owned and minority-owned businesses.”
Both Transurban and Macquarie Capital, the companies leading the AM Partners consortium, are committed to providing opportunities to the local Disadvantaged Business Enterprise (“DBE”) community, as well as local workforce development. Contracting opportunities include partnerships with small, disadvantaged, women and veteran-owned businesses; union and local contractor involvement and engagement with local community organizations and educational institutions.
“Workforce development was always a key component of our execution plan,” stated Mark Bradshaw, head of Infrastructure Investment and Development, Macquarie Capital. “Partnering with local trade unions, conducting training and ‘train the workforce’ programs will create the type of opportunities essential to meeting our local DBE goals and is critical to driving Maryland’s local economy.”
Interested parties for the Phase South design and construction can register for the Industry Day event scheduled to be held on June 16, 2021, by visiting the developer’s website (www.acceleratemarylandpartners.com).
AM Partners will soon announce an additional outreach event to update interested DBE firms and individuals on predevelopment and design and construction opportunities. Additionally, AM Partners will be organizing “matchmaking” events with interested DBE firms and Respondents to our Request for Qualifications (“RFQ”).
Letters of Interest will be required following the Industry Day event with the release of the RFQ for interested individual firms, joint ventures, or teams (“Respondents”) soon after. The RFQ represents the first phase for the selection of a D&C Contractor for each Phase South A and Phase South B.
AM Partners intends to shortlist respondents who will subsequently receive a Request for Proposals (RFP). This second phase will be comprised of two (2) separate (but broadly concurrent) design and construction procurement processes (one for Phase South A and one for Phase South B). To review the current schedule and timeline (all dates are subject to change), visit www.acceleratemarylandpartners.com.
AM Partners was selected by the Maryland Department of Transportation as the preferred developer to oversee predevelopment work on the American Legion Bridge I-270 to I-70 Relief Plan in February 2021 with approval of the Phase P3 agreement anticipated summer 2021. AM Partners identified a number of business and community investments as part of its project proposal including a commitment to DBE participation, transit improvements in Montgomery County, a community grant program, Vision Zero investments and water quality enhancements.
About AM Partners
The AM Partners consortium is led by Transurban and Macquarie Capital, whose collective experience spans more than 90 successful P3 projects globally, including Virginia’s 495, 95 and 395 Express Lanes network – the largest urban P3 toll network in the U.S. with all segments delivered on time and on budget. The consortium seeks to extend the benefits of Virginia’s neighboring Express Lanes network that has saved more than seven million drivers a total of 17 million hours of time, while generating an estimated $7 billion in economic impact and 46,000 jobs in the Greater Washington Area through its development and construction since 2012. AM Partners was selected in February 2021 as Maryland’s preferred Developer for the American Legion Bridge I-270 to I-70 Relief Plan.
About Transurban North America
Transurban is one of the world’s largest toll-road operators and developers, working to get people where they want to go, as quickly and safely as possible. By embracing collaboration with government, our P3’s are delivering transformative infrastructure solutions across five markets with an additional $19 billion of projects in development. In fiscal year 2020, our customers saved 339,000 hours on average each workday across 2.0 million trips on our roads with faster, more predictable travel options. With a leading market share of transportation P3 investment in North America, we are pioneering travel solutions like dynamically tolled Express Lanes and are partnering with government to think about the policies, technology and infrastructure that will get you home today and 10 years from now. Learn more about Transurban in North America at:
About Macquarie Capital
Macquarie Capital is the corporate advisory, capital markets and principal investment arm of Macquarie Group. Macquarie Capital has been a pioneer and global market leader in the infrastructure sector for over three decades. Its extensive global expertise includes raising debt capital for and investing in a broad range of infrastructure projects covering traditional core sectors such as transport and accommodation as well as emerging sectors such as digital infrastructure. Macquarie Capital currently has over $25 billion of infrastructure projects currently under construction or development. Learn more about Macquarie at:
on behalf of AM Partners
Karyn Le Blanc
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