NEWPF Project Finance Series:
Goethals Bridge
Please join us for a panel discussion on the ambitious project by the Port Authority of NY & NJ - Goethals Bridge Replacement Project.
Innovative Solution to NY-Metro Infrastructure Needs?
The Goethals Bridge Replacement Project aims to replace the currently dated and ailing Goethals Bridge built in 1928 with a more state-of-the-art smart bridge that incorporates improved safety conditions and reliability. The bridge replacement will upgrade the bridge to meet 21st-century traffic demands with improved smart bridge technology.
According to the PANYNJ website, the bridge replacement is estimated to create 2,250 direct jobs, paying a total of $224 million in wages, and generating $872 million in total activity for the region.
The project is being designed, funded, and implemented through a Public-Private Partnership. The chosen developer, NYNJ Link Developer LLC—a consortium formed by Macquarie Infrastructure and Real Assets, and Kiewit Infrastructure Company—is responsible for the design, construction and financing of the replacement bridge, and will provide maintenance for 35 years after substantial completion of the bridge. The Port Authority will retain certain operations of the new bridge, including toll collection. The project will benefit from a variety of funding sources including federal financing.
NEWPF Panel Discussion
As part of our annual Project of the Year series, we will be bringing in a panel of experts from various parties to discuss the initial planning phase through the steps needed to complete the project by the projected completion date in 2018.
There will be an underlying message relating to how the public and private sectors can both play a role in improving infrastructure while delivering the safest and most cost effective product.
The panel discussion will be followed by a reception and the opportunity to meet our panelists and visit with friends and colleagues.
The Panelists:
Trent Andres, Assistant Project Director, Kiewit-Weeks-Massnan AJV
Sabrina Karim, Assistant Bid Director, Kiewit Canada Development Corp
Sandra Brinkert, Director, Bank of America Merrill Lynch
Scott Zuchorski, Senior Director, Fitch Ratings
Moderated by Mary Francoeur, Managing Director, Assured Guaranty
Location
Hearst Tower
300 West 57th Street
New York, NY 10019
Hosted by Fitch Ratings
Date & Time
Monday, November 9, 2015
5:30 to 8:30 p.m.
Check-in begins at 5:30, panel discussion begins at 6:00 pm sharp.
Light refreshments to follow.
Registration
The cost of the event will be $40 for non-members and free for students and NEWPF members.
Even though this event is free for members, ALL attendees must register IN ADVANCE since space is limited.
To register, simply use the link on this page. Members and students will not be charged; non-members can make their payment using a credit card via PayPal. You do not need to have a PayPal account to make a payment.
If you have any questions or problems, please email events@newpf.org.
Attention NEWPF mentors and mentees! There will be representatives from the NEWPF mentoring committee, identified as such on their name tags, at this event to answer any questions and/or address concerns you may have. Please let them know if they can help in any way.
