IBJNews

Four teams bidding for I-69 financing, construction

Back to TopCommentsE-mailPrintBookmark and Share

The Indiana Department of Transportation says four teams of contractors are competing to build one of the final stretches of the Interstate 69 extension.

The teams answered Request for Qualifications from the state regarding the construction of I-69 from Bloomington to Martinsville. A Request for Proposals is expected from the state this fall.

The state hopes to start converting the 21-mile stretch of interstate early next year. The project is estimated to cost $394 million, but there is no money left in Indiana’s Major Moves fund for I-69 expansion. As a result, Indiana officials hope to pay for the project by exploring creative financing options that rely on existing state revenue.

Connect Indiana Development Partners, Isolux Infrastructure Netherlands BV, Plenary Roads Indiana and WM I-69 Partners were selected by the state last week.

Connect Indiana Development Partners is a joint venture of Macquarie Capital Group Limited, Lane Infrastructure Inc., Lane Industries Inc., Lane Construction Corp., Ames Construction Inc. and Parsons Brinckerhoff Inc.

Isolux Infrastructure Netherlands BV is made up of the Public Sector Pension Investment Board and Grupo Isolux Corsan SA, and is partnering with Corsan, AZTEC Engineering Group Inc. and Tecnica y Projectos SA.

Plenary Roads Indiana, part of the Plenary Group, is partnering with Granite Construction Co., Fred Weber Inc.  and AECOM.

WM I-69 Partners  is a joint venture of Walsh Investors LLC and Meridiam Infrastructure, and is partnering with Walsh Construction Co. II LLC, Parsons Transportation Group and others. 

The narrowing of the qualified contractors is one step in the state's ongoing process of completing I-69. INDOT opened a large stretch of the highway last year before former Gov. Mitch Daniels left office. The whole project is expected to connect Indianapolis with Evansville and southwest Indiana.

ADVERTISEMENT

  • But a limit for maintainence
    Cutting ribbons on new roads has always been popular, but it would be nice if upkeep wasn't an afterthought. I guess the only way to get 37 fixed between Indy and Bloomington is to support this boondoggle, because it's been a piece of crap for many years.
  • No budget limits for road building
    Looking forward to a day when mass transit interests have as much money and lobbying power as the highway lobby to "influence" the State Legislature on how our transportation dollars are allocated.
  • Correction
    *$19 million. Although I do stand by my comment, this highway is probably not worth $19 per mile either.
  • Wow
    There is no way this highway is worth almost $19 per mile.

    Post a comment to this story

    COMMENTS POLICY
    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
     
    You are legally responsible for what you post and your anonymity is not guaranteed.
     
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
     
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
     
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
     

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    Sponsored by
    ADVERTISEMENT

    facebook - twitter on Facebook & Twitter

    Follow on TwitterFollow IBJ on Facebook:
    Follow on TwitterFollow IBJ's Tweets on these topics:
     
    thisissue1-092914.jpg 092914

    Subscribe to IBJ
    ADVERTISEMENT