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Concession details
Location: |
USA |
Concessionaire Company : |
I595 Express |
Stake: |
12,50% |
Size of investment : |
USD 1,700 million |
Contract term : |
2009 - 2044 |
Toll system : |
Availability Payment |
Link: |
www.i595express.com |
Project description : Public works concession contract to design, build, finance, operate and maintain the I595 interstate highway in Florida (USA), linking Fort Lauderdale and Miami on the state’s west coast, for the next 35 years. |
Interesting Facts: First ever availability payment Contract in the United States as well as the first Public Private Partnership contract in Florida. The road opened to traffic on March 26th, 2014. |
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