penndot_p3_office_board_meeting_agenda_and_materia.pdf
Plenary Walsh Keystone Partners Maintains Statewide Bridge P3 Contract
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Description
PennDOT’s Rapid Bridge Replacement Project contracted Plenary Walsh Keystone Partners for statewide design, financing, replacement, and 25-year maintenance of 558 bridges. Maintenance continues through 2042, with performance-based payments extending across the contract term.
Contract Details
Vendor
PLENARY WALSH KEYSTONE PARTNERS
Agency
Pennsylvania Department of Transportation | Public Private Partnerships Board, PA
Contract Type
CONSTRUCTION
Document Date
November 29, 2023
Contract Term
Jan 2015 (execution), maintenance to end of 2042 (25 years post replacement), total payment period 28 years
Renewal Date
2042-12-31
Renewal Info
25-year maintenance term after replacement, ending in 2042; 28-year total payment span; no stated renewals.
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ONGOINGIssuing Agency
Pennsylvania Department of Transportation | Public Private Partnerships Board
State
Harrisburg, PA
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