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

For more information on companies in this article

Related Content

  • Open road tolling: safer with less congestion
    January 30, 2012
    Michael J. Davis of PBS&J looks at the positive effect that open road tolling can have on safety
    Read More
  • Green Light WIM
    July 30, 2012
    Beginning in the 1990s, Oregon was one of the first US states to use weigh-in-motion scales and transponder-based systems to enable trucks to avoid having to stop at weigh stations. Its Green Light preclearance system soon became a model for similar deployments throughout the country. Today, Green Light annually weighs and screens 1.6 million trucks as they approach 21 Oregon weigh stations and it preclears 1.5 million of them.
    Read More
  • IBTTA applauds new interstate study
    September 13, 2013
    A new study, Interstate 2.0: Modernising the Interstate Highway System via Toll Finance, by US public policy think tank, the Reason Foundation, details how much it will cost to reconstruct and widen Interstate highways in all 50 states and shows how to pay for the modernisation efforts with toll revenues. It makes the case for lifting the federal prohibition on tolling existing lanes of the Interstate highway system and states: “…as the reality of the cost of Interstate reconstruction and modernisation s
    Read More
  • Public Private Partnerships to gather pace in the US
    April 29, 2015
    Public Private Partnerships are set to play a big role in transportation funding as Andrew Bardin Williams discovers. The old joke goes that the road from New York to Chicago is paved with potholes. For decades, drivers from New York and New Jersey traveling across Pennsylvania to visit the Midwest have lambasted the Commonwealth’s roadways for their lack of smooth pavement.
    Read More

Highlighted Content