Ohio kicks off US$2.5 billion highway construction season

The Ohio government recently outlined the scope of the 2014 highway construction projects to be financed with funds borrowed against future Ohio Turnpike tolls. In total, 936 projects are planned at an estimated cost of US$2.5 billion. Planned projects include the widening of a section of I-75, a three-year project expected to cost about US$260 million, plus a US$28 million reconstruction of part of I-75, US$31 million in improvements to I-475/US 23 in Toledo's western suburbs, and the US$18 million McCo
April 11, 2014 Read time: 2 mins
The Ohio government recently outlined the scope of the 2014 highway construction projects to be financed with funds borrowed against future Ohio Turnpike tolls. In total, 936 projects are planned at an estimated cost of US$2.5 billion.

Planned projects include the widening of a section of I-75, a three-year project expected to cost about US$260 million, plus a US$28 million reconstruction of part of I-75, US$31 million in improvements to I-475/US 23 in Toledo's western suburbs, and the US$18 million McCord Road underpass in Holland.

Legislation approved last year permits revenue derived from the tolls to be spent not just on the turnpike, but on other roads deemed to have a connection to the toll road. The use of toll revenue, in turn, allows the 7609 Ohio Department of Transportation's traditional fuel tax revenue stream to be devoted to other road improvements, principally roads farther from the turnpike, but also including the state's contribution to work like the McCord project, which will replace a busy railroad crossing with a railroad bridge over the road.

For more information on companies in this article

Related Content

  • Improved productivity and advanced technology benefits ITS
    December 13, 2012
    John Horsley will hang up his hat as executive director of AASHTO in February 2013. After 14 years at the helm, he will bow out convinced of the current and future benefits of ITS for US transportation. Alot of exciting career opportunities still await young engineers in US transportation, says John Horsley, outgoing executive director of AASHTO – the American Association of State Highway & Transportation Officials. Horsley will be dedicating more of his time to matters of ITS after he stands down in Februa
    Read More
  • Four Colombia highway concessions to go ahead
    September 18, 2014
    Colombia plans to award the construction of four more highways by November as part of a US$25 billion plan to expand and improve road quality and logistics, President Juan Manuel Santos said. Once the contracts are signed, the government will have wrapped up the concessions to build nine highways, the first leg of its 4G plan to build 8,000km of roads. Most of the projects will be carried out under public-private partnerships. "We have four more [highways] to award ... Those projects will be awarded b
    Read More
  • Hawaii backs road user charging to replace fuel tax
    August 7, 2019
    Fuel tax revenue in Hawaii is falling - and even in paradise, someone has to pay. Adam Hill talks to Hawaii DoT’s Scot Uruda about a major change in the way the state funds road improvements All over the world, governments, transportation agencies and local authorities are casting around for new forms of revenue as the money from taxes imposed on fuel begins to trickle away. Spending is outstripping tax take as a combination of more efficient internal combustion engines and the increasing take-up of cars
    Read More
  • Tennessee releases transportation program
    April 7, 2014
    Tennessee Department of Transportation (TDOT) has released its three-year transportation program, featuring approximately US$1.5 billion in infrastructure investments for 59 individual project phases in 41 counties, as well as 14 state-wide programs. Due to the uncertainty of the future of the Federal Highway Trust Fund, TDOT has taken a conservative approach to this building program. The program does not feature early engineering work on any new projects. TDOT is continuing its pay-as-you-go philosophy and
    Read More

Highlighted Content