Metro Flood Diversion Authority’s Financial Close On First P3 Flood Management Project In North America

Metro Flood Diversion Authority's Financial Close On First P3 Flood Management Project In North America

Ashurst has advised The Metro Flood Diversion Authority in Fargo, North Dakota on a Design Build Finance Maintain P3 model.

The P3 project is part of a comprehensive project developed by the Metro Flood Diversion Authority, local stakeholders, and the United States Army Corps of Engineers (“USACE”) to establish permanent flood protection measures for more than 235,000 residents and businesses in the Fargo-Moorhead metropolitan area and surrounding rural communities. The comprehensive project is being implemented using a “Split Delivery” model under which the USACE is utilizing a design-bid-build model for various work packages to deliver the southern embankment and associated infrastructure (including, among other things, the diversion inlet control structures) and the Metro Flood Diversion Authority is utilizing a P3 delivery model to deliver the diversion channel and associated infrastructure (including, among other things, a diversion outlet, diversion line of protection, two pairs of interstate bridges, nine county road bridges, three local bridges, three railroad bridges, two aqueducts, two river inlets, twelve drain inlets and an administration building).

The Ashurst team was led by counsel Ross McKinnon and Emily Gold Grunstein and included partners Anna Hermelin (Picture) and Jason Radford, and associate Rebecca Roach.

Involved fees earner: Emily Gold Grunstein – Ashurst; Anna Hermelin – Ashurst; Ross McKinnon – Ashurst; Jason Radford – Ashurst; Rebecca Roach – Ashurst;

Law Firms: Ashurst;

Clients: Metro Flood Diversion Authority;

Author: Giulia Di Palma