Jacksonville

Florida DOT is restarting the procurement of a toll concession to build and operate the Jacksonville First Coast Outer Beltway. This week they lodged a notice withdrawing the first procurement which was delayed about a year while the state obtained legislation exempting concessionaires from property tax.

Jacksonville Florida's Outer Beltway project is being revived. Legislation has just been passed clarifying uncertainties in the state's tax treatment of toll concessions, and Governor Crist is expected to sign it any day. Florida DOT's lawyer in charge of toll concession procurement Clay McGonagill told us this morning: "This (legislation) removes a major stumbling block. It's a big help.

Florida DOT have put the Jacksonville outer beltway concession procurement on hold, they've announced. FDOT District 2 secretary Charles Baldwin says state lawyers told him yesterday morning they were no longer sure that he could tell bidders on the First Coast Outer Beltway concession that they would be exempt from property tax.

Spanish international infrastructure companies dominate in the initial statements of qualification for the big Jacksonville Florida "First Coast Outer Beltway" toll concession. Florida DOT released the details of the four groups that have submitted Statements of Qualifications, the first step.

Florida DOT has the America's largest private toll concession on the go with a request for qualifications (RFQ) for investor groups to finance, design, build, operate, maintain and toll a 74km (46 mile) $2.2b highway on the southwest edge of the Jacksonville area. The project involves a long river crossing, 14 interchanges and ten more overpasses. Called the First Coast Outer Beltway (FCOB) the project is a consolidation of two earlier projects: