The project comprises the design, build, financing and maintenance of key bridges in need of near-term attention before incurring major maintenance costs, disruptive weight restrictions or bridge closures. The project also includes related roadway and supporting infrastructure that is essential to Pennsylvania’s intra- and interstate transportation system.
BPP combines Macquarie’s financing capabilities and infrastructure development experience with S&B’s design and construction expertise.
In March 2022, BPP was selected as Apparent Best Value Proposer to administer the Major Bridge P3 Program under a pre-development agreement. BPP and PennDOT worked together throughout 2022 to develop the first package of the Major Bridge P3 Program, containing three fracture critical bridges and a total of six major interstate bridges, reaching financial close in December 2022. BPP, through a project company special purpose vehicle, Bridging Pennsylvania Developer I (BDP-I), expects to commence construction in summer 2023 with construction expected to be completed in 2028. While BDP-I and contractors continue to progress work on the first package, BPP will advance pre-development work on the remaining three bridges within the Major Bridge P3 Program, to be delivered in subsequent packages.