New deadline for $2bn Florida road P3

Florida postponed the due date for its toll road RFQ

Florida put back the due date to respond to a request for qualifications (RFQ) for its ‘I-4 Ultimate Project’.

The deadline to fill out a RFQ for the $2 billion ‘mega project’ was moved from March 29 to April 19, the Florida Department of Transportation (FDOT) said on its website. 

The Florida state legislature allowed the project to proceed as a public-private partnership (PPP or P3) and published its RFQ in March.

The P3 is a toll road concession involving a 21-mile stretch of Interstate 4 (I-4), in Florida. The private partner will design, build, finance, operate and maintain the project.  

Governor Rick Scott said the project would “relieve congestion” on I-4. FDOT held an industry forum for the I-4 Ultimate Project in Orlando in March. 

FDOT has estimated the P3 will cost $2 billion. Florida has set aside $857 million to fund the project.