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AECOM group offers to build KCI airport for $1B less than Edgemoor | Dump Trucks Charlotte NC

Columbus Ohio Dump Truck Company Brief:

  • KCI Partnership, the AECOM-led consortium that lost out on the new $2 billion Kansas City Airport terminal project to Edgemoor Infrastructure & Real Estate in late 2017, has informed city officials that it still wants the contract and can do it for $1.1 billion less than Edgemoor, according to The Kansas City Star.
     
  • KCI sent a letter outlining its general plan to three Kansas City Council members and indicated that part of the cost difference was in potential savings on Edgemoor’s projected debt payments, but Edgemoor disputed KCI’s numbers and said the group was mistaken in its calculations. Some city council members also argued that KCI’s proposal is likely uninformed since it has been out of the project discussion loop during the last year.
  • Edgemoor and KCI are still working out some project details before executing a final agreement. The airlines, according to the Kansas City Business Journal, must also agree on how they will split the costs for the project before construction can move forward, but that deal is still likely weeks away.

Dump Trucks Columbus OH Insight:

KCI Partnership's move to win the project at this advanced stage is just the latest event in a very combative bidding process. Local engineering firm Burns & McDonnell first proposed using private financing to replace the existing, outdated facility under a potential no-bid scenario, but the AECOM-led group quickly followed with its own offer. The council agreed that handing over the project to a private columbus oh dump truck company was the way to go but opened up the process to other bids. 

One advantage that KCI Partnership might have, if its new proposal is accurate, is that the savings it says it can provide brings the cost of the project back down to the original estimate of $1 billion. This is likely closer to the amount that voters were expecting when they cast their ballots in favor of the project in November 2017.

In a public-private partnership (P3), such as the one for the KCI airport terminal, it’s critical that all the parties to the agreement, including those responsible for the design and construction phase, columbus oh dump truck company together to fully flesh out the scope of columbus oh dump truck company and other details of the project so that there are no misunderstandings, costly or otherwise, after columbus oh dump truck company begins.  

Agencies that are new to P3s often hire legal counsel or other P3 experts to help guide them through the process but even those who have plenty of experience with the method still end up having to negotiate costly disputes on occasion. As of November 2018, the Florida Department of Transportation, P3 team I-4 Mobility Partners and general contractor SGL Constructors — all party to previous P3s — were still trying to reach an agreement on the P3’s claim for a 245-day delay and $100 million of cost overruns on the $2.3 billion Interstate 4 toll lane project near Orlando, Florida. At the center of the conflict are drilled shaft failures during construction of a bridge foundation and the P3’s assertion that it was prohibited from exploring alternate foundation systems.