MDOT/MTA is seeking to select a private-sector team to design, build, construct, finance, operate and maintain the Purple Line during a 35-year contract term. Four teams, short-listed by MDOT/MTA in January, are eligible to submit proposals due on January 9, 2015.
"This is a significant milestone towards construction of the Purple Line, which will help us grow our economy, create jobs for Maryland's workers and strengthen communities in Prince George's and Montgomery counties," said Maryland Lt. Gov. Anthony Brown. "Building the Purple Line as a public-private partnership will allow us to continue our commitment to fiscally responsible budgeting while using the knowledge and skills of the private sector to expand our transportation infrastructure."
The Purple Line is a 16-mile light-rail line will run east-west inside the Capital Beltway between Bethesda in Montgomery County and New Carrollton in Prince George's County with 21 stations planned that will provide direct connections to the Washington Metropolitan Transportation Authority's Orange Line, Green Line and two branches of the Red Line and the MARC Brunswick, Camden and Penn Lines. Estimated ridership by 2040 is expected to be more than 74,000 riders a day.
The total project cost is $2.37 billion, with the private sector expected to invest between $500 million and $900 million. A combination of federal, state and local monies also will be used to fund the project.