The Real Deal Miami

County on its way to accepting bids for courthouse

Bids for Miami-Dade County courthouse and jail could approach $1B
January 15, 2015 05:00PM

Miami-Dade County Courthouse

Miami-Dade County Courthouse

A proposal for a new Miami-Dade County courthouse and jail won initial support on Wednesday thanks to the county commission’s public safety committee.

Private contractors and investors would build some, or all, of the justice-system’s facilities for the county — contracts that could approach $1 billion, according to a published report.

By using a “private-public partnership,” Miami-Dade would avoid upfront costs and have a developer assume the risk of cost overruns and delays that otherwise can increase the price tag of a publicly financed project, the Miami Herald reported.

County staff would operate the jails while the developer would manage the facilities for a set annual fee. [Miami Herald]Katherine Kallergis