Consortium wins US$648 million highway project

I-77 Mobility Partners, a consortium led by Cintra Infraestructuras, a subsidiary of Ferrovial, has finalised a US$648 million contract with the North Carolina Department of Transportation. The group will design and construct 26 miles of toll lanes on Interstate 77 in North Carolina.
May 27, 2015 Read time: 2 mins

I-77 Mobility Partners, a consortium led by 5428 Cintra Infraestructuras, a subsidiary of 4419 Ferrovial, has finalised a US$648 million contract with the North Carolina Department of Transportation. The group will design and construct 26 miles of toll lanes on Interstate 77 in North Carolina.

The project will help resolve the region’s current and future congestion problems with express lanes on 26 miles of I-77, which currently has one high occupancy vehicle (HOV) lane in each direction. The project will convert those HOV lanes to express lanes and a second express lane will be built alongside.

The concession will last for 50 years, starting from the date it opens to traffic, which is scheduled for 2018.

Cintra will develop this project, while the design and construction will be undertaken by a joint venture comprising Ferrovial Agroman and US construction company W.C. English. The design includes widening 26 miles of highway in both directions on the I-77 in the northern part of the Charlotte metropolitan area, between connections with the I-277 in Charlotte and the NC-150 in Iredell County.

The project is divided into three section, and the existing road will be rebuilt, increasing its capacity by creating managed lanes (with variable electronic tolls) to improve traffic flow. This is Cintra’s fourth managed lanes project in the US.

Charging, Tolling & RUC

Related Content

  • Fluor consortium awarded Dutch motorway project
    October 6, 2016
    The 3Angle special purpose company, a consortium of Fluor, 3i Infrastructure and Heijmans Capital has completed the financing of the A27/A1 public private partnership (PPP) project in the Netherlands. The project is valued at more than US$246 million, which includes a 25-year management and maintenance period. 3Angle is responsible for the financing, design, construction, management and maintenance of the reconstruction of the A27 motorway between Utrecht North and the Eemnes Junction, as well as the A1
    Read More
  • Fast and efficient barrier-free electronic toll collection
    May 21, 2012
    Canada’s 407 tolled highway allows non-stop travel and a fast and efficient way of paying for it. Ontario’s 407 ETR highway features one of the most advanced barrier-free and all- electronic toll collection systems in the world. The company that operates the road launched the latest phase of its strategy to provide end-to-end automation in summer 2011. A self-service website is now available, allowing users to view and pay charges online using technology supplied by the international market leaders in e-bil
    Read More
  • Reversible express lanes and open road tolling combat congestion
    March 2, 2012
    Teri England, Diamond Consulting Services, details the construction of construction of a world first - reversible express lanes with cashless multi-lane ORT - on the Tampa Hillsborough Expressway
    Read More
  • New Mersey crossing ends Halton’s congestion misery
    December 5, 2017
    Plagued by intolerable congestion but denied government funding for its solution, tiny Halton Borough Council relentlessly pursued its vision and achieved what many believed impossible. Halton may be a small local authority in north west England, but it had a big traffic problem. However, as the road, or more particularly the bridge, involved was not deemed a strategic route, central government would not commission or even fund a solution - a problem that many other local authorities will recognise.
    Read More

Highlighted Content