(Madrid, Spain) Los Angeles World Airports’ (LAWA) Automated People Mover (APM) train project has been recognized as the Global Public Private Partnership (P3) of the Year at P3 Bulletin's inaugural Global P3 Awards ceremony. The honor was open to projects in the Americas, Asia Pacific and the Europe, Middle East and Africa region and was judged by 50 key players in P3s around the globe.
“Our Los Angeles Board of Airport Commissioners has supported innovative project delivery methods, and our P3 financing model is setting the bar for how airports finance megaprojects,” said Sean Burton, President, Los Angeles Board of Airport Commissioner (BOAC). “LAX is well on its way to becoming a premier international airport destination and we are honored to see our efforts garnering worldwide attention.”
The Global P3 Awards featured finalists for four main categories – Social Infrastructure P3 of the Year, Transport P3 of the Year, Operational P3 of the Year and Financial Structure of the Year. LAWA’s APM project was nominated in the Transport P3 of the Year. The other finalists in that category were the Central 70 Reconstruction Project (Americas); Madagascar Airports Concession (Europe, Middle East and Africa); Melbourne Metro Tunnels and Stations P3 Project, Victoria, Australia (Asia Pacific); and Western Roads Upgrade, Victoria, Australia (Asia Pacific).
Last October, the APM project was named the Transport P3 of the Year by P3 Bulletin. It then moved on to vie for the Global P3 of the Year honor, besting Gaziantep IHC P3 Project, Turkey (Social Infrastructure P3 of the Year); Autoroute 30, Canada (Operational P3 of the Year); and Western Roads Upgrade, Victoria, Australia (Financial Structure of the Year) for the top prize.
"Airports of the future are ones that embrace transformed facilities, and even more so transformational partnerships that captures the best thought and delivery leaders," said Deborah Flint, CEO, LAWA. “It is an exciting time for both our airport and the public infrastructure and we thank the P3 Bulletin for recognizing our innovation with this monumental project."
The APM, scheduled for completion in 2023, features six stations, which will connect the terminals to new off-site parking facilities, new drop-off/pick-up locations, a Consolidated Rent-A-Car (ConRAC) Facility and will provide the long-awaited connection to the regional light rail system. End-to-end, the ride is 10 minutes, with a new train pulling into a station every two minutes. Once completed, guests will have time-guaranteed access to the Central Terminal Area.
The project has been garnering acclaim since the contract was unanimously approved by the Los Angeles City Council in April 2018.
LAX Integrated Express Solutions (LINXS), whose members include Fluor, Balfour Beatty, ACS Infrastructure Development, Dragados USA, HOCHTIEF PPP Solutions, Flatiron, Bombardier Transportation, HDR and HNTB, was selected to deliver the APM on a 30-year design-build-finance-operate-maintain (DBFOM) contract in February of 2018. The Los Angeles City Council unanimously approved the historic contract on April 11, 2018.
To learn more about the APM and LAX’s modernization efforts, visit FlyLAX.com/ConnectingLAX. |