A consortium made up of subsidiaries of Spanish construction companies ACS & OHLA have been awarded a contract in USA to finish the construction of a light rail in the metropolitan area of Washington, in the State of Maryland. The initial project was awarded in 2017 to Fluor, a Texan company, for about USD 2.25 billion. But several legal disputes over certain cost overruns and construction delays brought work to a standstill last year. The initial forecast for its opening pointed to March 2022, however the project is still 50% complete, so its inauguration will be much later. Also, this new contract has yet to go through the approval of the department of Maryland Public Works.The changeover between the previous builder and the new companies in charge of the project will take just over a year, since the new financing is expected to close in February 2022, while the completion of the works would take another 18 months.For the moment, Dragados and OHL USA, subsidiaries of ACS and OHLA, respectively, have been the firms selected by the promoters of the project to complete the works of this light rail in the suburbs near the US capital.According to the documentation, the two Spanish women were facing the New York-based company Halmar Internacional and a ‘joint venture’ formed by Tutor-Perini and Lundalu, both also from the United States.The promoter company, Purple Line Transit Partners (PLTP), arises from a public-private collaboration agreement to design, build, finance and operate this railway infrastructure, whose majority partners are Meridiam and Star America (Tikehau Capital).
A consortium made up of subsidiaries of Spanish construction companies ACS & OHLA have been awarded a contract in USA to finish the construction of a light rail in the metropolitan area of Washington, in the State of Maryland. The initial project was awarded in 2017 to Fluor, a Texan company, for about USD 2.25 billion. But several legal disputes over certain cost overruns and construction delays brought work to a standstill last year. The initial forecast for its opening pointed to March 2022, however the project is still 50% complete, so its inauguration will be much later. Also, this new contract has yet to go through the approval of the department of Maryland Public Works.The changeover between the previous builder and the new companies in charge of the project will take just over a year, since the new financing is expected to close in February 2022, while the completion of the works would take another 18 months.For the moment, Dragados and OHL USA, subsidiaries of ACS and OHLA, respectively, have been the firms selected by the promoters of the project to complete the works of this light rail in the suburbs near the US capital.According to the documentation, the two Spanish women were facing the New York-based company Halmar Internacional and a ‘joint venture’ formed by Tutor-Perini and Lundalu, both also from the United States.The promoter company, Purple Line Transit Partners (PLTP), arises from a public-private collaboration agreement to design, build, finance and operate this railway infrastructure, whose majority partners are Meridiam and Star America (Tikehau Capital).
