The Hudson Tunnel Project, a planned tunnel under the Hudson River linking Newark, New Jersey and New York City and expected to cost around $13 billion, is looking towards the private sector.
The Gateway Program Development Corporation, tasked with overseeing the delivery of the Hudson Tunnel along with several other projects, issued a request for information seeking ideas from the private sector.
“This RFI is a part of the Gateway Development Corporation’s commitment to engage private sector leaders with expertise in major infrastructure projects to seek innovations in delivering them better, faster and cheaper,” said Richard Bagger, GDC chairman.
The Hudson Tunnel is the centrepiece of the Gateway Program, a series of proposed projects on the Northeast Corridor expected to total more than $20 billion. The GDC board includes representatives from both New York and New Jersey as well as Amtrak.
The RFI was issued on Thursday at GDC’s board meeting. The board also appointed Francis Sacr, a managing director at Paris-based Société Générale, as the corporation’s finance director. Sacr’s first task will be to lead the RFI process, a GDC spokesman told Infrastructure Investor.
Responses to the RFI are due by 15 September.