LAS VEGAS - The Nevada Department of Transportation will host a Project NEON industry day for the public and interested team members on Thursday, July 25, and Friday, July 26. An open forum with a presentation by NDOT officials will be held from 9 a.m. to noon July 25 at the Golden Nugget Hotel-Casino, 129 E. Fremont St. Officials will provide information about Project NEON and its procurement process, and will be available to answer questions from individuals and firms interested in the project. One-on-one meetings with firms capable of leading proposer teams for Project NEON will be held by appointment on July 25 from 1 to 4 p.m. and July 26, from 8 a.m. to 5 p.m.
NDOT recently announced that the seven-member State Transportation Board unanimously approved advancing Project NEON as a public-private partnership (P3) arrangement, through which a private developer will be selected to design, build, finance, operate and maintain an improved Interstate 15 (I-15) facility for up to 35 years after the completion of construction of Project NEON. Use of a P3 is historical for NDOT and Nevada and will allow several phases of Project NEON to be completed safely, quickly and efficiently, with the least amount of interruption to the traveling public.
The P3 arrangement shall take the form of an availability payment concession. Availability payments are a means of compensating a private concessionaire for its responsibility to design, construct, operate and/or maintain a roadway for a set period of time. These payments are made by a public project sponsor (NDOT, using fuel tax revenue) based on particular milestones or facility performance standards. The primary features of Project NEON's initial improvement will include building a one-mile high occupancy vehicle (HOV) bridge connecting I-15 to US 95, creating a new HOV interchange, reconstructing the Charleston/I-15 interchange and ramp braiding for the southbound movements.
The procurement of the P3 elements of Project NEON will commence with the issuance of a Request for Qualifications (RFQ) to identify teams that have the experience, capabilities and resources to design, build, finance, operate and maintain the project. Groups comprised of equity partners, engineers, contractors and operators are expected to respond to the RFQ. The RFQ is scheduled to be issued on Tuesday, July 30, 2013, and the scheduled date for submission of statements of qualifications is Sept. 12, 2013. For information on Project NEON, log on to Project NEON's Website.
About Project Neon
Project NEON is one of the most important and most ambitious undertakings in NDOT history. The multi-phase, multi-year project will boost safety, mobility, and accessibility in the most heavily trafficked corridor in the state of Nevada. Nearly 250,000 vehicles a day use the 3.7-mile stretch from the US 95/I-15 interchange in downtown Las Vegas to Sahara Avenue. Project NEON is essential to the progression of Las Vegas transportation, economic development and quality of life. As a 20-plus year program of improvements, Project NEON is also expected to create hundreds of planning and engineering jobs and thousands of construction jobs over its lifetime, thus improving the local economy.
Established in 1917, the Nevada Department of Transportation is responsible for the planning, construction, operation and maintenance of 5,400 miles of highway and more than 1,000 bridges comprising the state highway system. NDOT's mission is to provide a better transportation system for Nevada through unified and dedicated efforts. The department is divided into three districts. The districts are responsible for supervising all state transportation activities within their local areas. NDOT's headquarters is located in Carson City; district offices are in Las Vegas, Reno and Elko. NDOT is overseen by a seven-member directors' board and run by senior staff. Visit NDOT's Website for more information.