OVERVIEW

The US$1.674 billion public-private partnership (P3) project encompasses the reconstruction, widening, and resurfacing of the 10.5-mile I-595 road corridor under a 35-year design, build, finance, operate, and maintenance concession in Florida. Financing for the project was complex and severely affected by the global economic crisis in 2008, but the concession was awarded in March 2009 to ACS Infrastructure Development. Construction of the improvements is expected to be completed in spring 2014.