LaGuardia operator shortlists four for terminal concession

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The Port Authority of New York and New Jersey (PANYNJ) has prequalified four consortiums to submit proposals for its planned replacement of the central terminal building at LaGuardia airport.

The teams are Aerostar New York led by equity investors Grupo Aeroportuario del Sureste (ASUR) and Highstar Capital - the same equity partners that won the San Juan Luiz Munoz Marin International airport concession last year - LaGuardia Gateway Partners led by Vantage Airport Group, Skanska Infrastructure and Meridiam; LGAlliance led by Macquarie Infrastructure and Lend Lease; and LGA Central Terminal Consortium led by ADP & TAV and Goldman Sachs Infrastructure Partners.

The PANYNJ has not disclosed when it intends to release a request for proposals (RFP) or award the concession, but its previous timeline called for the RFP to be released in the second quarter and construction to begin in the third quarter of 2014.

Under the timeline laid out in the request for qualifications in late 2012, selection of prequalified bidders was scheduled for the first quarter.

The long-term design-build-finance-operate-maintain concession is estimated to cost about $2.6 billion with the private concessionaire contributing about $1.87 billion in equity and financing to the project, according to earlier PANYNJ procurement documents. The airport owner will contribute about $730 million.

The proposed 120,774m² (1.3 million ft²) replacement for the central terminal, also known as terminal B, would have 35 contact gates, including 31 for group three aircraft - Airbus A320 family and Boeing 737 sized aircraft - and four for group four aircraft - Boeing 757 and 767s. It would have 214 check-in positions and include a secure connection to terminal C.

Phased construction of the terminal is slated to take seven years with the first 20-gate phase opening by the fourth quarter of 2018 if construction begins next year. The entire facility and demolition of the old building are scheduled to be complete by the end of 2021.

Firms that responded to the request for information but were not prequalified include Balfour Beatty, Bechtel, China Construction America, Ferrovial, Incheon International Airport, Johnson Controls, Odebrecht and Samsung.