SR 400 Express Lanes P3 Project Overview

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GDOT SR 400 Express Lanes P3 Project involves a tender launched by GDOT, forming the Georgia Express Link Consortium. The Consortium's equity split includes CINTRA at 50.10%, MACQUARIE at 24.95%, and JOHN LAING at 24.95%. The project entails constructing express lanes on a 16-mile section of SR 400 in Georgia through a public-private partnership model. The estimated cost for the 35-year P3 contract is $85 million per year. However, the project faced delays due to the price proposal exceeding...