Taking its toll in Texas

In Texas, USA, the population has increased by 57% over the last 25 years and road use by 95%. During the same time, state road capacity increased by only 8%. During the next 25 years, the population is expected to increase by 64% and road use by 214%. The state has identified $184.2 billion of projects needed to achieve an acceptable level of mobility in 2030 and plans to use private finance to fund $84.2 billion of public roads and railways. The Texas transport plan is delivered mainly through the Trans-Texan Corridors (TTCs) of toll roads. The form of public private partnership (PPP) being used is the Comprehensive Development Agreement (CDA) project and delivery method, a type of Early Contractor Involvement PPP. The CDA for the TTC 35, running north-south through the state, was awarded to Cintra/Zachry and that for TTC 69, running further east via Houston, was awarded to Carter Burgess and RS&H. Halcrow is advising on procurement of individual projects for both TTCs. Texas Department of Transportation (TcDOT) is taking an upfront concession fee and a minimum 5% share in all revenues. Tolls are set by market forces.

Availability:
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Authors:
- HANSFORD, M
Publication Date: 2007-3

Language

English

Media Info

Pagination: 20-3
Serial:
- NEW CIVIL ENGINEER INTERNATIONAL
- Publisher: EMAP CONSTRUCT LIMITED
- ISSN: 1469-7076

Subject/Index Terms

TRT Terms: Contracts; Financing; Planning; Public private partnerships; Toll roads
Geographic Terms: United States
ITRD Terms: 146: Contract; 244: Financing; 143: Planning; 172: Public private partnership; 2702: Toll road; 8122: USA
Subject Areas: Administration and Management; Highways; Planning and Forecasting; I10: Economics and Administration; I21: Planning of Transport Infrastructure;

Filing Info

Accession Number: 01061033
Record Type: Publication
Source Agency: Transport Research Laboratory
Files: ITRD
Created Date: Sep 10 2007 2:05PM