Archives

Preferred Bidder for Calcasieu River Bridge P3 in Louisiana

A preferred bidder for the long-awaited I-10 Calcasieu River Bridge replacement project was finally selected in July. Louisiana Governor John Bel Edwards announced that the state was selecting Calcasieu Bridge Partners (CBP) for final negotiations for the bridge replacement P3. Construction on the project is slated to begin next year and is expected to last […]

Fixing Misleading Toll Road Metrics: It’s About Time

In September 2022 we published a research paper which critically examined a value for money benchmarking metric used throughout the toll road sector by policy makers, planners, consultants, rating agencies and financiers – and often quoted by the media; cents per mile.  We developed and applied an alternative approach, focused instead on cents per minute […]

Another Make-or-Break BPW Vote for the Purple Line in January

Another month, another make-or-break vote for the Purple Line. At the upcoming meeting of the Maryland Board of Public Works (BPW), scheduled for 26 January, the BPW will decide whether or not to approve the Purple Line’s updated P3 agreement, which will include a new design-build contract.

Alabama I-10 Bridge Project Revived, P3 Still Dead

Alabama is the latest state to see a cancelled P3 showing signs of new life. Public officials approved a toll framework to revive the I-10 Mobile River Bridge and Bayway project, just a few years after cancelling a P3 procurement to deliver the project post-qualifications.

MD OP Lanes Toll Rates Approved, SDEIS Comment Period Ends

The Maryland managed lanes project passed a few milestones in November. First, the Maryland Transportation Authority (MDTA) Board approved toll rates for the state’s OP Lanes managed lanes project, advancing the project’s proposed economics after a long public comment period. The Maryland Department of Transportation (MDoT) also closed the comment period for its Supplemental Draft […]

Texas North Tarrant Express 3C, Delivered

The final phase of the North Tarrant Expressway concession, Segment 3C, officially opened for traffic on June 20th. The delivery completed roughly 14 years of managed lanes-funded development in the region. The North Tarrant Express system has already become a bit of an exemplar for other planned and developed express lanes systems in the United […]