
For Maryland Purple Line, $1.76B TIFIA Loan
The U.S. Department of Transportation’s Build America Bureau has provided a TIFIA loan for up to $1.76 billion for Maryland’s long-delayed Purple Line Light Rail Transit Project.
The U.S. Department of Transportation’s Build America Bureau has provided a TIFIA loan for up to $1.76 billion for Maryland’s long-delayed Purple Line Light Rail Transit Project.
Three design-build contractor teams have been short-listed to complete Maryland’s Purple Line, a 16.2-mile, 21-station light rail project that has been plagued with litigation.
Operations for the Purple Line project in Maryland will soon be back to normal. The Maryland Department of Transportation (MDOT) reached a $250 million settlement with three companies connected to the public-private partnership.
The Maryland Transit Administration on Monday broke ground on the $2-billion Purple Line light rail line connecting the Washington suburbs, the largest public-private transit project in the United States.
Maryland Department of Transportation (MDOT), Maryland Transit Administration (MTA) and Purple Line Transit Partners, have signed the final financial documents for a $5.6 billion PPP contract to design, build, finance, operate and maintain the light rail Purple Line north of Washington DC.
Purple Line Transit Partners, a consortium of Fluor Enterprises Inc., Meridiam Infrastructure Purple Line, LLC, and Star America Purple Line, LLC, was selected as the preferred proponent to design-build, finance, operate and maintain the Purple Line project for the Maryland Department of Transportation (MDOT) and the Maryland Transit Administration (MTA).