Texas toll road contract awarded

The Texas Transportation Commission has awarded a contract to the Blueridge Transportation Group for the the planning, construction, financing, operation and maintenance of an express toll road and additional infrastructures for the SH 288 toll lanes project in Harris County in Texas. The consortium includes Israel-based Shikun & Binui Holdings, together with an infrastructure contractor and a financial investor. The ten mile stretch of road will connect Harris County to Houston. The project includes constr
March 2, 2015 Read time: 1 min
RSSThe 5427 Texas Transportation Commission has awarded a contract to the Blueridge Transportation Group for the the planning, construction, financing, operation and maintenance of an express toll road and additional infrastructures for the SH 288 toll lanes project in Harris County in Texas.

The consortium includes Israel-based Shikun & Binui Holdings, together with an infrastructure contractor and a financial investor.

The ten mile stretch of road will connect Harris County to Houston. The project includes construction of bridges and interchanges and a toll collection system. Construction is expected to take three years.

Under the design, build, finance and maintain deal, the consortium will build and operate the toll road over a period of 52 years. The value of the project is estimated at US$1 billion, with the construction costs alone amounting to US$800 million.
Charging, Tolling & RUC

Related Content

  • Tolling industry announces major advancement on interoperability and AET
    July 24, 2013
    Transportation leaders attending the International Bridge, Tunnel and Turnpike Association’s (IBTTA) Summit on All Electronic Tolling, Managed Lanes and Interoperability announced major advancements in the tolling industry that are transforming America’s infrastructure. The summit showcased the vigorous efforts by the tolling industry to achieve nationwide electronic toll interoperability mandated by the US Congress in last year’s federal transportation law, Moving Ahead for Progress in the 21st Century Act
    Read More
  • Toll roads important to Trump’s infrastructure plan
    January 10, 2017
    According to The Hill, US toll roads may surge under a US$1 trillion infrastructure proposal being floated by Donald Trump. The president elect’s idea for rebuilding the nation’s roads and bridges relies on private companies instead of the federal government to back transportation projects. Experts believe this means investors will be attracted to projects that can recoup their investment costs using some sort of revenue stream, such as through tolls or user fees. “If he moves forward with an infrastr
    Read More
  • Mitsubishi consortium receives letter of conditional acceptance for Doha Metro
    February 23, 2015
    A consortium of Mitsubishi Heavy Industries, Mitsubishi Corporation; Hitachi, The Kinki Sharyo and Thales has received a Letter of Conditional Acceptance from the Qatar Railways Company (Qatar Rail) for a systems package for the Doha Metro, the first metro system to be constructed in the State of Qatar. It is said to be one of the world’s largest projects for a single metro system. Construction is scheduled for completion by October 2019. Qatar Rail is the owner and manager of Qatar’s rail network and respo
    Read More
  • Rail opportunities in Saudi Arabia
    August 19, 2013
    Saudi Arabia has committed around US$97 billion between 2010 and 2040 into railway infrastructure, with approximately US$17 billion to be invested between 2010 and 2025 in an advanced and integrated multimodal transport system. In addition, the Kingdom will invest in multiple metro transport projects to address traffic and public transport challenges, including Jeddah, Riyadh and Mecca which will all break ground between 2013 and 2014. The Saudi Rail Forum 2013 will bring together local and internationa
    Read More

Highlighted Content