VINCI wins public-private partnership contract for East End Crossing in Indiana (USA)

21 November 2012 - New contracts - United States of America

- Design and construction of one of the USA’s biggest transport infrastructure projects
- A 35-year operation and maintenance contract

WVB East End Partners, the consortium led by VINCI Concessions (33.3%) with Walsh Investors (33.3%) and Bilfinger Berger PI International Holdings (33.3%), has been named preferred bidder for the financing, design, construction, operation and maintenance of the Ohio River Bridges Project’s East End Crossing by the Indiana Finance Authority (IFA).

The public-private agreement is for a 2,500 feet-long (762 metres) cable-stayed bridge across the Ohio River that will link Louisville, Kentucky to Southern Indiana, a 1,680 feet in length (512 metres) twin-bore tunnel on the Kentucky approach to the bridge, and 19 additional bridges, along with associated roadway improvements and other related infrastructure work. The new East End Bridge will be located about 8 miles (13 km) from downtown Louisville, connecting the Gene Snyder Freeway to the Lee Hamilton Highway.

The works, scheduled to take 3.5 years, will be executed by a design-build joint venture including Walsh Construction (60%), VINCI Construction Grands Projets (40%) and Jacobs Engineering for the engineering works. Construction is set to commence in the summer of 2013 and completion is expected by autumn 2016.

The total value of the contract is around $1 billion (approximately €780 million).

The consortium, led by VINCI Concessions, will be responsible for the operation, routine maintenance and rehabilitation of the infrastructure for a period of 35 years. It will be paid through license-fees calculated on the basis of the infrastructure’s availability.

The East End Crossing is part of the broader Ohio River Bridges Project, one of the largest transport improvements in the United States. It will address traffic congestion issues and improve transport safety.

 

About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.