Jeffrey Caldwell 804-786-2715
July 12, 2010
VDOT Issues Addendum and Announces a Virtual Meeting for the U.S. Route 460 Corridor Improvements Project
RICHMOND – The Virginia Department of Transportation (VDOT) has issued an addendum to the solicitation for conceptual proposals to build the U.S. Route 460 Corridor Improvements Project, a Public-Private Transportation Act project to build a new Route 460 between Petersburg and Suffolk. The addendum to the solicitation for proposals is designed to update industry on important changes to the current procurement, opportunities for value enhancements and certain commercial terms of the project.
Last May, VDOT’s Commissioner Gregory A. Whirley terminated the previous procurement process that started in 2006, due to changes in market conditions. VDOT then issued a new solicitation for proposals seeking private partners with new ideas and innovative financing methods to move the project forward.
VDOT will host an industry briefing (virtual meeting) from 11 a.m. to 1 p.m. eastern standard time on Tuesday, July 20, 2010, to provide an overview of the proposed project. The program will consist of key project information and enhancements in the current procurement, along with a question and answer period. Speakers include Whirley, among others.
The addendum, industry briefing registration information and additional information regarding the U.S. Route 460 Corridor Improvement Project are available at www.route460ppta.org.
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