Meridiam, Macquarie shortlisted for $1bn bridge project

The winning bidder will be responsible for demolishing the existing Goethals Bridge, which links New York and New Jersey, and replacing it with a new structure. A request for proposals will be issued this summer, with bids to be submitted by the end of the year.

Consortia whose members include Meridiam, Macquarie, Kiewit, Skanksa and ACS have been shortlisted for the $1 billion project to replace the Goethals Bridge, which connects the New York City borough of Staten Island to neighbouring New Jersey.

Officials at the Port Authority of New York and New Jersey have previously said it plans to demolish the 83-year old bridge and replace it through a design-build-finance-maintain contract with the private sector, marking the first time the Port Authority has pursued a public-private partnership for a bridge project. 

While there is no final price for the project, the reconstruction has been estimated to cost over $1 billion, according to a Port Authority spokesperson.

A Port Authority spokesperson said in an email that the three shortlisted consortia are:

– Goethals Bridge Development Group, which is comprised of developers ACS Infrastructure Development and Dragados USA, which are both subsidiaries of Spanish industrial conglomerate Grupo ACS; UK developer John Laing; Gannett Fleming Engineers and Architects; Granite Construction Northeast; and T.Y. Lin International.

– Metro Bridge Partners, which is comprised of French fund manager Meridiam Infrastructure; Parsons Brinckerhoff Americas; Skanksa Infrastructure Development, Skanksa Koch, and Skanska USA Civil Northeast; and Traylor Brothers.

– NYNJ Link Partnership, which is comprised of Kiewit Infrastructure; Macquarie Infrastructure and Real Assets; Parsons Transportation Group; Transfield Services North America; and Weeks Marine.

The Port Authority expects to issue a request for proposals this summer, requiring responses by the end of the year, according to a spokesperson.

Eight groups replied to the request for qualifications for the Goethals project, but the Port Authority did not release the names of respondents due to procurement rules.

Anthony Coscia, who serves on the Port Authority’s board of commissioners and chaired the board from April 2003 to February 2011, highlighted the Goethals Bridge replacement project earlier this year. In a speech at the CG/LA Global Infrastructure Leadership Forum in New York in January , Coscia said that the project had attracted an “enormous amount of interest from global consortia” and that he thought it could provide  “at least the early stage model” of a workable public-private “hybrid” for US infrastructure projects.

The Goethals Bridge opened in 1928 and currently supports traffic of about 28 million vehicles a year, according to the Port Authority website.