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
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.
