Project Overview

The Teodoro Moscoso Bridge Project is a four-lane, 1.4-mile-long toll bridge that spans the San José Lagoon between the municipalities of San Juan and Carolina, Puerto Rico. A segment of PR-17, the bridge connects roadways on both sides of the lagoon in the vicinity of Luis Muñoz Marín International Airport. The total length of the facility, including access roadways, is 2.1 miles. The project included toll facilities, access roads, interchanges, overpasses, and other support facilities. The bridge opened to traffic in February 1994.

The bridge was developed under a single design-build-finance-operate-maintain (DBFOM) public-private partnership (P3) concession agreement between the Puerto Rico Highways and Transportation Authority (PRHTA), an independent agency of the Commonwealth of Puerto, and Autopistas de Puerto Rico (APR), a private consortium. Under the agreement, the private partner has the right to collect toll revenues and use those proceeds to make debt service payments on bonds issued by PRHTA. The concession term is scheduled to expire in 2044.