Archives

New Study, Dataset Examine Driver Responses to New Tolls

In the US transportation P3 sector, traffic forecasters have historically been asked to model the demand for tolled, greenfield bridge or highway investments. That is because historically, new greenfield megaprojects have been the vast majority of projects that public sponsors have been considering funding via user fees. Increasingly, however, more public sponsors have considered, and […]

Decision Soon on I‐77 South Express Lanes Procurement

The Charlotte Regional Transportation Planning Organization (CRTPO) board appears to be nearing a decision on whether to start the procurement process for an I-77 South Express lanes P3. The board received an analysis from the North Carolina Department of Transportation (NCDOT) in August and followed up with additional questions in September. A decision on the […]

Procurement Starts for Massachusetts Service Plazas P3

The Massachusetts Department of Transportation (MassDOT) has released an RFP for a project to redevelop 18 different service plazas statewide, and then to operate and maintain the plazas under a 30-year concession. Most of the targeted services areas are along the state turnpike, while others service I-95 and state route’s 3, 6 and 24.

Georgia’s Major Move: Preferred Bidder for SR400 Express Lanes

he Georgia Department of Transportation (GDOT) has selected SR400 Peach Partners as the preferred bidder for the massive SR400 Express Lanes project. The project will develop barrier-separated express lanes along the majority of a 16-mile stretch of SR400 north of Atlanta, and operate the system under a 55-year revenue-risk concession.

Financial Close for Calcasieu River Bridge Project

The replacement of the Calcasieu River Bridge is finally underway. In August, the Louisiana Department of Transportation and Development (DOTD) announced that its concessionaire for the bridge replacement P3, Calcasieu Bridge Partners (CBP), reached financial close on the $2.3 billion project. The successful financing is a win for the state and a rare recovery for […]

Texas Moving Forward with SH‐288 Concession Termination

In a series of moves in late July and August, the Texas Department of Transportation (TXDoT) confirmed its plans to terminate the concession for the SH-288 P3 in Houston. The state will pay concessionaire Blueridge Transportation Group approximately $1.73 billion for the concession buyout, and plans to take over operations of the express lanes in […]

Tennessee I‐24 Choice Lanes Public Consultation, Procurement Notice

At the end of August, Tennessee Department of Transportation (TDOT) issued a Notice of Procurement for the I-24 Southeast Choice Lanes project.  The project, the first of its kind for the state, will span 26 miles of Interstate 24 between Nashville and Murfreesboro. State officials have identified the segment as the state’s busiest stretch of […]

RFQ For Chicago’s South Suburban Airport Project

The Illinois Department of Transportation (IDOT) has issued a Request for Qualifications (RFQ) to potential developers for the South Suburban Airport (SSA) development project. The project is located in Will County, approximately 35 miles south of downtown Chicago. The airport development project has been a long time coming – the state originally authorized a P3 […]

Federal Grant for Bridge and Bayway Project in Alabama

Alabama’s Mobile River Bridge and Bayway project got some very good news last month. The state is receiving a massive $550 million federal grant via the Bridge Investment Program. The grant is believed to be the largest federal grant ever received for a project in Alabama. “It is a great day in Alabama! This federal […]

Obstruction Pays? Big Federal Grant for I-83 Bridge Replacement in PA

When eight municipalities near the I-83 John Harris Memorial Bridge filed their lawsuit against the Major Bridge P3 Initiative, they could not possibly have imagined just how successful their attempt at obstruction would be. The 64-year-old I-83 bridge was one of nine bridges statewide that the initiative would replace, but their lawsuit won a temporary […]