Newbridge advises I-4 Mobility Partners regarding $125m project amendments to their $2bn project
May 21, 2020The I-4 Ultimate Project consists of the reconstruction, improvement, and addition of new express lanes to the I-4 in Florida. The shareholders, Skanska and John Laing, reached financial close on the $2bn project in 2014.
The project is currently in construction and I-4 Mobility Partners and the Florida Department of Transportation agreed several amendments to optimize the delivery programme.
On behalf of I-4 Mobility Partners, Newbridge developed a bespoke model to analyse multiple scenarios of the revised contract and complex timetable amendments and provided analysis of the consequences.