Hawkins represented Howard County, Maryland as owner’s lead counsel in connection with the procurement and negotiation of new circuit courthouse on a design-build-finance-operate-maintain basis. Our P3 legal team played a central role in structuring the transaction, drafting the RFQ and RFP procurement documents, and drafting and negotiating the 30-year project agreement. The procurement process concluded with a simultaneous commercial and financial close and is widely regarded as a landmark event in the development of the U.S. P3 Social Infrastructure market.
For a concise case study of the project’s procurement, please click HERE.
|Client||Howard County, Maryland|
|Role||Owner’s Lead Counsel|
|Distinction||First Major P3 Social Infrastructure Project in the Eastern United States|
|Delivery Method||Design-Build-Finance-Operate-Maintain (P3)|
|Capital Cost||$178 Million|
|Contract Value||$400 Million|
|Contract Term||30 Years|
|Contract Counterparties||Edgemoor Infrastructure & Real Estate, Star-America Infrastructure Partners; Clark Construction Group; HOK Architects; and Johnson Controls|
|Awards||Best Social Infrastructure Project and Best Financial Structure for the P3 Awards 2019|