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

  • China Telecom selects Gemalto contactless payment
    March 24, 2015
    Amsterdam-based digital security provider Gemalto is to provide China Telecom with a mobile contactless payment solution using its UpTeq Multi-tenant NFC SIMs to deploy secure NFC transport services in China's two largest cities, Shanghai and Beijing. China Telecom is a leading operator in the country with more than 183 million subscribers. This deployment will enable up to 45 million daily commuters to travel on the metro and pay for everyday purchases with a simple tap of their smartphone. The NFC SIMs ar
    Read More
  • Carbon finance delivers critical support to mass transit schemes
    February 2, 2012
    David Crawford investigates carbon finance in transport. World Bank carbon finance grants are delivering critical support to major mass transit deployments in emerging and developing economies. Only recently operative in the transport sector, the Clean Development Mechanism (CDM, see panel) is designed to generate additional income streams and improve internal rates of return on projects funded from public- and private-sector sources.
    Read More
  • ‘Shining moment of opportunity for tolling’
    May 5, 2021
    Climate change is already affecting tolling operations in many parts of the world. IBTTA’s Bill Cramer explains how the sector can be seen as a proven funding and financing mechanism for surface transportation
    Read More
  • Europe’s Sartre road train project takes to public roads
    May 29, 2012
    A road train, comprised of three Volvo cars plus one truck automatically driving in convoy behind a lead vehicle, has operated on a public motorway among other road users. The historic test on a motorway outside Barcelona, Spain, took place last week and was pronounced a success. “This is a very significant milestone in the development of safe road train technology,” commented Sartre project director, Tom Robinson of Ricardo. “For the very first time we have been able to demonstrate a convoy of autonomousl
    Read More

Highlighted Content