The PortMiami Tunnel project is a highly complex project which is being built through a public-private partnership (PPP or P3) that includes the design, build, finance, operation and maintenance of said project. It is a 35-year concession agreement between the Florida Department of Transportation (Owner) and MAT Concessionaire, LLC (Concessionaire), which includes 55 months for design and construction being carried out by Bouygues Civil Works Florida (BCWF).
Nearly 16,000 vehicles travel to and from the PortMiami (POM) through downtown streets each weekday. Truck traffic makes up 28% (or 4,480) of this number (Source: 2009 PB Americas Traffic Study). Existing truck and bus routes restrict the port’s ability to grow, drive up costs for port users and present safety hazards. They also congest and limit redevelopment of the northern portion of Miami’s Central Business District.
Source: www.portofmiamitunnel.com
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