PennDOT Rapid Bridge Replacement P3 Advisory Services
Lochner provided P3 advisory services for this $1.1 billion availability payment P3 to replace 558 structurally deficient bridges throughout Pennsylvania. Services included data collection, evaluation, and prioritization support for approximately 1,000 candidate bridges; project cost estimation; risk assessment; procurement support; procurement document development; project management plan development; concessionaire selection support; and contract negotiation and conformance support.
- First Multi-Asset, Availability Payment Concession in the U.S.
- Location: Statewide PA
- Included Services:
- P3 Advisory Services
- Project Evaluation
- Project Development