Skip to main content

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

  • Consortium for Italy's key highway project
    May 9, 2012
    The contract for Italy’s new Pedemontana Lombarda highway is likely to be handled by a consortium headed by Austrian contractor Strabag. The agreement will be finalised in September 2011. The consortium has a provisional deal for design and construction of the €2.3 billion 75km highway, which will connect Bergamo to Milan Malpensa airport, bypassing Milan. The consortium also includes Adanti, Grandi Lavori and Impresa Costruzioni Giuseppe Maltauro. The Pedemontana Lombarda highway project features a 65km st
  • New South Wales is seeking financial packers for WestConnex in Sydney
    June 19, 2015
    Investment bank Goldman Sachs will soon be sending out expressions of interest for backers to finance Australia’s biggest road deal, the three-stage WestConnex project to be rollout by the New South Wales government. According to a report by The Australian newspaper, initially around US$1.17 billion will be needed for the first phase of the Sydney toll road project. The first phase will likely cost between nearly $2.35 billion and $3.9 billion. Total cost of all three phases over 10 years could be as
  • UK’s M6 tolled motorway for sale
    June 21, 2016
    For sale: one UK toll motorway along with operating business. Well maintained. Price negotiable. David Arminas looks at what is on offer As if right on cue, a French articulated truck starts to back up along the hard shoulder at an exit area of M6toll. The manoeuvring is watched from an office inside the nearby M6toll headquarters. Inside, Andy Pearson, chief executive of M6toll, glances over his shoulder and interrupts his presentation to World Highways. “He’s probably missed the dedicated wide-load
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade