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Bid process underway for Purple Line

Wednesday - 7/30/2014, 9:05am  ET

ANNAPOLIS, Md. (AP) -- The process for companies to prepare bids to build and operate the 16-mile Purple Line light rail has formally begun.

The Maryland transportation department released a 2,200-page bid solicitation for the project in Montgomery and Prince George's counties on Tuesday.

The Washington Post (http://wapo.st/WMTAaG ) reports that four teams of private companies will have until Jan. 9 to submit their proposals for a 35-year public-private partnership in which the companies would design, build, operate, maintain and help finance a Purple Line's construction.

The state expects the winning team to contribute $500 million to $900 million toward the project's estimated $2.37 billion construction costs.

Officials say a preferred bid will be selected by spring 2015. The Purple Line could open in 2020.

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Information from: The Washington Post, http://www.washingtonpost.com


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