Consortium wins Texas highway project near Dallas

A major new highway project that will improve transport links to Dallas, Texas, has been won by a consortium. The US$1.37 billion project will be handled by a consortium led by Cintra Infraestructuras and also including Dallas Police and Fire Pension System and French fund, Meridiam Infrastructure. The Texas Transport Department awarded the contract, which is for the design, construction, financing, operation and maintenance of the North Tarrant Express expansion project. The contract is valid for 43 years
March 6, 2013 Read time: 2 mins
A major new highway project that will improve transport links to Dallas, Texas, has been won by a consortium. The US$1.37 billion project will be handled by a consortium led by 930 Cintra Infraestructuras and also including 1180 Dallas Police and Fire Pension System and French fund, 7167 Meridiam Infrastructure. The Texas Transport Department awarded the contract, which is for the design, construction, financing, operation and maintenance of the North Tarrant Express expansion project. The contract is valid for 43 years from the date the link opens to traffic, which is expected for mid-2018., Cintra will be responsible for the development of the 3A stretch, the design and construction of which will be carried out by a 2717 Ferrovial Agroman-Webber consortium (Ferrovial is Cintra’s parent company). The Texas Transport Department will be in charge of the construction of stretch 3B, whilst its operation and maintenance will be carried out by Cintra. The contract includes 10.5km of 3A road between Fort Worth-IH-820 and 5.8km of 3B road between IH-820-US 287. The consortium will remodel the existing lanes, which will be toll-free, construct two additional lanes each way, which will be barrier free electronic toll lanes, and take charge of the operation and maintenance of the whole link.

For more information on companies in this article

Related Content

  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
    Read More
  • Busy California highway upgrade is underway
    January 24, 2022
    Work is well underway on the planned upgrade for a busy California highway.
    Read More
  • Fierce competition for Toronto 407 ETR highway expansion contract
    April 24, 2014
    ACS of Spain and Ferrovial are competing for the contract to construct and exploit the second phase of expanding the 407 ETR highway in Toronto, Canada – one of the world’s biggest toll highways. Ferrovial has been managing the 407 ETR highway since 1999 and secured the first phase of its expansion. Currently, ACS and Ferrovial lead two of the three groups invited to present bids for the second phase of the expansion. The third group is headed by Canada's SNC Lavalin, which is Ferrovial's current partner i
    Read More
  • Isolux wins major US highway contract
    February 21, 2014
    Isolux has won a contract to construct and exploit a 34km stretch of highway between Bloomington and Martinsville on Interstate 69 (section 5), which crosses Indiana state in the US. The company becomes the fourth Spanish infrastructure group to have a presence in the US highway market. The exploitation of the highway will be for 35 years, under the terms of the deal, which will involve an investment of around US$325 million. Isolux had been competing against three offers from the infrastructure funds Meri
    Read More

Highlighted Content