Fluor-Transurban agreement with VDoT on I-95 project

Virginia Governor Bob McDonnell has announced that the Virginia Department of Transportation (VDoT) and Fluor-Transurban have come to a non-binding, in-principle agreement on the major commercial terms to build the I-95 high occupancy vehicle/high occupancy toll (HOV/HOT) lanes project in Northern Virginia.
April 26, 2012 Read time: 1 min
Virginia Governor Bob McDonnell has announced that the 5131 Virginia Department of Transportation (VDoT) and Fluor-891 Transurban have come to a non-binding, in-principle agreement on the major commercial terms to build the I-95 high occupancy vehicle/high occupancy toll (HOV/HOT) lanes project in Northern Virginia.

This interim step enables Fluor-Transurban and VDOT to finalise the details of a comprehensive agreement and financing package for the project which  is being financed and constructed under Virginia's Public-Private Transportation Act.

The project will expand the existing HOV facility on I-95 to create HOV/HOT lanes across 45 kms between Edsall Road in Fairfax County and Garrisonville Road in Stafford County, with improved access to major Virginia employment centres and military sites. The project connects with Fluor-Transurban's Capital Beltway HOT lanes project, which is scheduled for construction completion in late 2012.
Highway & Network Management

For more information on companies in this article

Related Content

  • Transurban to test Melbourne drivers in road trials, including tolls
    June 23, 2015
    Melbourne’s road users are the focus of a year-long study into what options are possible for funding road infrastructure projects including various user-pays models. The study headed by Australian toll roads operator Transurban will conducted across Melbourne’s entire road network to see how drivers react to tolling and other road-use models such as charging motorists for each kilometre travelled, a charge to access roads, annual fixed costs per kilometre on expected usage and price per trip. It will al
    Read More
  • Stantec: coming to an infrastructure site near you
    April 13, 2017
    Acquisitive Canadian firm Stantec is snapping up more transportation expertise as it moves out of its home North American market. David Arminas reports. Last December, politicians from the US states of Kentucky and Indiana celebrated the opening of the second of two major bridges. A ribbon-cutting ceremony took place in cold wintry weather on the new 762m-long cable-stayed Lewis and Clark Bridge. The event marked the finish of the prestigious three-and-half-year Ohio River Bridges Project.
    Read More
  • Key link upgrade for Washington State
    February 23, 2012
    The US state of Washington's Department of Transportation (WSDOT) has awarded a major contract to rebuild and upgrade State Route 520 in King County.
    Read More
  • Texan tolling
    February 7, 2012
    Work is now underway on the new DFW Connector near Dallas, in the US state of Texas. This is of note as it is the largest investment of Recovery Act (ARRA) investment in a highway project so far.
    Read More

Highlighted Content