penndot_p3_office_board_meeting_agenda_december_20.pdf
CINTRA P3 Managed Lanes I-76 Proposal Under Review
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Description
PennDOT is reviewing an unsolicited $3.25 billion proposal from CINTRA to deliver and operate managed lanes on I-76 for 50 years via a DBFOM P3 agreement. The proposal is under technical and financial analysis; no decision has been made.
Contract Details
Contract Amount
$3.25 billion ($0 to PennDOT), $200,000,000 concession fee to PennDOT
Vendor
CINTRA
Agency
Pennsylvania Department of Transportation | Transportation Board Meetings, PA
Contract Type
CONSTRUCTION
Document Date
December 17, 2024
Contract Term
50 years
Renewal Date
2074-12-31
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pendingIssuing Agency
Pennsylvania Department of Transportation | Transportation Board Meetings
State
Harrisburg, PA
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Pennsylvania Department of Transportation P3 Board Meeting Book 2026-06-09
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