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Authority launches co‑development RFQ and outlines 2026 business‑plan milestones; finance office reports revenue adjustments
Summary
The board heard staff outline a request for qualifications to identify co‑development partners for asset commercialization and project delivery ideas, discussed oversight of future contract thresholds, and received a finance update that raised the Authority’s projected funding to roughly $44.6 billion after recent adjustments.
Authority commercial staff described a two‑phase co‑development approach on Nov. 20 designed to identify private partners to screen opportunities such as commercializing fiber or other corridor assets and to conduct diligence should projects be advanced.
Brent Petzine, the Authority’s commercial strategic advisor, said the initial phase under a co‑development agreement would be an exploratory screening and evaluation period. "This first phase ... will be the screening and evaluation phase," he said, adding that teams responding to the RFQ…
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