OHL and Astaldi win California highway contract

Contractors OHL and Astaldi has won a major portion of a large highway project in California. The work is for the upgrade to I-405 in Los Angeles and is valued at US$ 1.2 billion. The two firms will work in a joint venture on the project. OHL has a 60% stake in the project while Astaldi holds the remaining 40% share. The deal represents a positive move for Astaldi, which is keen to develop its presence in the western US. The six year contract requires the design and construction of the improvement works
November 15, 2016 Read time: 2 mins
Contractors 980 OHL and 1324 Astaldi has won a major portion of a large highway project in California. The work is for the upgrade to I-405 in Los Angeles and is valued at US$ 1.2 billion. The two firms will work in a joint venture on the project. OHL has a 60% stake in the project while Astaldi holds the remaining 40% share. The deal represents a positive move for Astaldi, which is keen to develop its presence in the western US.

The six year contract requires the design and construction of the improvement works for 22km of the interstate. The complexity of the works, which also includes the construction of 35 bridges, is accentuated by the need to maintain the infrastructure in operation for the entire duration of the activities.

The works have been commissioned by the OCTA Orange County Transportation Authority. Financing is being delivered through a combination of local, state, and federal funds.
Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • $66 billion for Florida transport infrastructure
    March 11, 2025
    $66 billion will be spent on Florida’s transport infrastructure over the next five years.
    Read More
  • Lindsay argues the case for reversible lanes over adding lanes
    June 26, 2018
    Build new lanes or use existing lanes more effectively? In a recent US study* commissioned by Lindsay Transportation Solutions, the company argues the case for reversible lanes. The level of future uncertainty in transportation planning - specifically in addressing congestion on urban freeways - has increased significantly over the past few years. The impact of connected and autonomous vehicles on traffic flow, of Mobility as a Service (MaaS) initiatives, particularly the car-sharing elements, and exciting
    Read More
  • Certified safe: ARTBA president talks future highways and safety
    January 16, 2020
    What keeps Dave Bauer* up at night? David Arminas caught up with the head of ARTBA at his Washington D.C. office during daylight hours
    Read More
  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More

Highlighted Content