Proposal Deadline Passes

Monday, July 27, 2009

 

Contact:
Joe Harris, Media/Public Relations Manager
Tel: (757) 683-2137 / (800) 446-8098
Cell: (757) 617-0006
Fax: (757) 683-2897
jharris@portofvirginia.com

Greg Edwards, Director of External Affairs
Tel: (757) 683-2110 / (800) 446-8098
Cell: (757) 617-0852
gedwards@portofvirginia.com

 

Deadline for Unsolicited Bids from Potential
Terminal Operators Expires;
Two New Proposals Submitted

NORFOLK, VA – The deadline for bidders to submit proposals outlining their plans to operate the three marine terminals, the Virginia Inland Port and a proposed new facility, Craney Island Marine Terminal, all of which are owned by the Virginia Port Authority, expired Monday, July 27 at 10 a.m.

In accordance with the rules governing the Public-Private Transportation Act (PPTA), two new bid proposals were received at the Virginia Port Authority offices; The bidders are the Carlyle Group, based in Washington, D.C., and the partnership of Carrix Inc., and Goldman Sachs. Carrix is the parent company of SSA Marine of Seattle. The next step is for a quality control review of the two new proposals to be conducted.

These unsolicited proposals come in addition to the one submitted by CenterPoint Properties Trust of Illinois on March 12, 2009.

Presently, the marine terminals are operated by Virginia International Terminals Inc., which is the VPA’s private, non-stock operating company.

In keeping with the PPTA, the proposals will be reviewed in accordance with the guidelines adopted by the Virginia Port Authority Board of Commissioners. The entire PPTA can be found here: www.virginiadot.org/business/ppta-Guidelines.asp

Oncethe proposals have been reviewed by the State Secretary of Transportation and have been found to have the necessary requirements for further consideration, the proposals will be made available to the public on www.portofvirginia.com.  



 


The Virginia Port Authority (VPA) is an agency of the Commonwealth of Virginia, reporting to the state Secretary of Transportation. The VPA owns and operates four general cargo facilities on behalf of the state: Norfolk International Terminals, Portsmouth Marine Terminal, Newport News Marine Terminal and the Virginia Inland Port in Warren County. The terminals are operated by Virginia International Terminals, Inc. (VIT) the non-stock, non-profit operating company. The VPA, through terminal earnings generated by VIT, is operationally self-sufficient. The VPA and correlating maritime industry is responsible for 343,000 jobs, $41 billion in total revenues throughout the Commonwealth.