University of California, Merced

UC Merced 2020 Project

Largest Social Infrastructure P3 in the Nation


The UC Merced 2020 Project is the  largest social infrastructure P3 development in the United States to date.  The 1.2 million GSF project was designed and built in three phases between 2016 and 2020, utilizing the Design-Build-Finance-Operate-Maintain (DBFOM) methodology.  The design and construction budget of $1.3 billion included 13 buildings and supporting infrastructure, with the campus achieving a platinum rating – the highest honor – by the Association for the Advancement of Sustainability in Higher Education.

 The 2020 Project used an availability payment structure. Partial payments commenced upon completion of the ­first phase and full availability payments commenced upon substantial completion of the overall project.

 

PROJECT FACTS

OWNER

University of California, Merced

LOCATION

Merced, CA

VALUE

$1.35 Billion

BUILDER

Webcor Builders

AWARDS

2017 P3 Award for Best Social Infrastructure Project

2017 IJGlobal Award for North American Social Infrastructure Deal-of-the-Year

2016 PFI Award for P3 Deal-of-the-Year

COMPLETION DATE

December 2020

This is a signature moment for future generations of Californians who aspire to learn in the classroom and the laboratory at the first new research university of the 21st century.

Janet Napolitano, University of California President

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