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

  • First full-scale Hyperloop test track ‘planned for 2016’
    March 2, 2015
    According to website The Verge, Hyperloop Transportation Technologies (HTT) has secured land for the first full-scale Hyperloop, planned for a 2016 launch in the California model town of Quay Valley. Building off Elon Musk's freely available designs, the crowdfunded company has marked out a five-mile stretch of Quay Valley adjacent to California's Interstate 5 freeway as a place where the innovative transportation system can be deployed. If successful, it would be the first full-size implementation of Musk'
    Read More
  • Ambitious JV to build CNG stations across the US
    July 26, 2012
    Trillium CNG, a business unit of Integrys Energy Group, and AMP Americas have established a joint venture, AMP Trillium, focused on building a network of CNG stations across the US. Initially, AMP Trillium will construct stations along the I-65 and I-75 trucking corridors and major routes in Texas, with the first station breaking ground towards the end of this year. The stations will be open to the public, though the primary customers will likely be heavy-duty and long-haul trucking fleets.
    Read More
  • Kapsch wins Texas tolling projects
    July 31, 2012
    Kapsch TrafficCom IVHS, a subsidiary of Kapsch TrafficCom, has been selected to design, build, and integrate the managed lane system (MLS) for both the North Tarrant Express (NTE) and LBJ Express projects in Dallas and Tarrant Counties in North Texas.
    Read More
  • A carbon free and accident free Europe by 2015?
    February 2, 2012
    By 2050, the Europe Commission aims to make transport in Europe carbon- and accident-free. Between now and then, however, a significant technological development and deployment effort is needed. Here, Neelie Kroes, European Commission Vice-President for the Digital Agenda, talks about what's being done. In many respects, COOPERS, CVIS and SAFESPOT, set up by the European Commission (EC) to explore the potential of cooperative infrastructure systems, are already legacy projects. Between them, the three devel
    Read More

Highlighted Content