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Keyword: cintra

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  • New Texas 130 owners to make $60 million in repairs to bumpy road

    10/10/2017 5:46:43 AM PDT · by Tolerance Sucks Rocks · 18 replies
    The Austin American-Statesman ^ | September 20, 2017 | Ben Wear
    The southern, privately built section of Texas 130, which has been an obstacle course of bumps and cracks since shortly after its October 2012 opening, will see $60 million of pavement repairs over the next year in 35 spots between Mustang Ridge and Seguin. Crews in many cases will be removing five feet or more of the road’s “sub-base,” the treated and compacted soil layers that underlie the highway’s asphalt driving surface, replacing it with soil with different, stronger properties, and then repaving those rehabilitated sections. Some repairs will also include installation of impermeable layers of soil alongside the road...
  • Trump's Infrastructure Plan Is Actually Pence's—And It's All About Privatization

    09/28/2017 4:28:56 AM PDT · by Tolerance Sucks Rocks · 13 replies
    Newsweek ^ | September 4, 2017 | Lydia O'Neal and David Sirota
    President Donald Trump’s $1 trillion plan to rebuild America’s infrastructure may be unprecedented in size and ambition, but it mimics a controversial scheme championed by Vice President Mike Pence when he was the governor of Indiana. That’s why Pence is the public face of the Trump initiative, and executives from financial firms that helped privatize Indiana’s toll road are in the White House, busily sculpting Trump’s national plan. Pence and his allies like to boast about how Indiana sold control of major roads to private firms, claiming the move prompted corporations to invest money in infrastructure that would otherwise have...
  • Private Toll Operators Salivate Over Donald Trump’s Infrastructure Plan

    06/11/2017 11:05:39 PM PDT · by Tolerance Sucks Rocks · 129 replies
    The Intercept ^ | June 6, 2017 | Lee Fang
    Investors are hoping to seize upon the $1 trillion infrastructure plan proposed by President Donald Trump to transform the nation’s highways, bridges, and tunnels into assets they can monetize by adding tolls and other user fees.The Trump infrastructure plan, which the administration plans to roll out this week, is centered on the idea of “asset recycling,” which refers to the process of securing new infrastructure spending by leasing the operations of existing public property to private operators.The privatization-centered scheme has the nation’s largest toll operators salivating. Transurban, Cintra, and TransCore, three major toll operators, have retained federal lobbyists to influence...
  • Appeals court upholds I-77 toll project

    05/07/2017 9:07:44 AM PDT · by Tolerance Sucks Rocks · 35 replies
    The Greensboro News & Record ^ | May 2, 2017 | Doug Clark
    A challenge to the state's I-77 toll lane was denied by the N.C. Court of Appeals today.The unanimous ruling by a three-judge panel upheld a lower court, which had dismissed a citizen group's attempt to stop the public-private project in Mecklenburg and Iredell counties.This was a big political issue in the 2016 governor's race, costing Pat McCrory a lot of votes in those counties. As a legal issue, the opposition doesn't seem to have much gas.I-77 from Charlotte to Mooresville is a traffic nightmare. To address the congestion, the state's DOT in 2014 signed a contract with a Delaware LLC...
  • Trump Building Plan: How One Public-Private Deal Hit a Bumpy Road

    04/12/2017 10:10:09 PM PDT · by Tolerance Sucks Rocks · 12 replies
    NBC News ^ | April 5, 2017 | Jane C. Timm
    Texas had high hopes for the southern segments of SH 130, a 41-mile stretch of the high-speed toll road east of San Antonio. The state had put off building that stretch of road until a pair of investors stepped forward and offered what sounded like a great deal: Texas would get a big check for turning the rights to build and operate the toll road over to a private entity, a move that would give the state a new highway and a share of the tolls. The state would own the road and rake in revenue, but wouldn't have to...
  • I-66 tolls a good idea for Northern Virginia

    01/05/2017 8:00:41 AM PST · by Tolerance Sucks Rocks · 18 replies
    The Fairfax County Times ^ | December 19, 2016 | Patrick Rhode
    Dear Editor, As states and municipalities around the nation struggle to find ways to afford much-needed improvements to aging and congested roadways, the Commonwealth of Virginia has established itself as an innovative leader when it comes to carefully prioritizing the state’s transportation investments and wisely leveraging private sector resources to ensure the best deal for state taxpayers. The I-66 Outside the Beltway project exemplifies this leadership, and Cintra, together with its partner Meridiam, is proud to be part of the team selected by the Commonwealth to finance, design, build, operate and maintain this more than $3 billion transformative project at...
  • VDOT awards I-66 procurement bid: Project to be funded entirely by private sector

    11/11/2016 8:22:30 PM PST · by Tolerance Sucks Rocks · 15 replies
    The Fairfax County Times ^ | November 11, 2016 | Angela Woolsey
    The Commonwealth of Virginia awarded procurement of its Transform66 Outside the Beltway project to I-66 Express Mobility Partners, a consortium of private companies, Virginia Gov. Terry McAuliffe announced on Nov. 3. I-66 Express Mobility Partners, which consists of transportation infrastructure company Cintra, public infrastructure investment firm Meridiam, and the contractors Ferrovial Agroman US and Allan Myers VA, Inc., will be responsible for financing, designing, building, maintaining and operating the interstate expansion. The Virginia Department of Transportation’s (VDOT) Transform66 Outside the Beltway project will add two express lanes in each direction between I-495 and Gainesville along with three general purpose lanes...
  • State officials want ideas for Grand Parkway

    07/02/2011 5:44:55 AM PDT · by BobL · 27 replies
    Houston Chronicle ^ | July 2, 2011 | CAROL CHRISTIAN
    State officials are soliciting ideas from private companies to build and operate a large section of the Grand Parkway, a long-planned Houston-area outer loop that has drawn criticism from environmentalists and urban planners. Read more: http://www.chron.com/disp/story.mpl/metropolitan/7636418.html#ixzz1Qwy2u5gk
  • Rick Perry: Drawing the Lines Clearly

    06/25/2011 2:28:50 AM PDT · by Cincinatus' Wife · 84 replies
    American Thinker ^ | June 25, 2011 | Peter Heck
    Rick Perry may just be the guy. The country's longest tenured governor, from its second-largest state, is generating a lot of buzz in conservative circles as he contemplates entering the wide open Republican presidential primary. There are plenty of reasons that Perry is an attractive option: he is a no-nonsense decision-maker with solid conservative credentials. A man who not only speaks about family values, but lives them, Perry's power to persuade voters to see things his way is proven -- battle-tested in a state known for independent-minded citizens. But what serious political analysts on both sides of the aisle will...
  • State pulling final plug on [Trans-Texas] corridor

    10/06/2009 4:39:58 PM PDT · by Tolerance Sucks Rocks · 112 replies · 3,250+ views
    The Dallas Morning News ^ | October 6, 2009 | Associated Press
    The Texas Department of Transportation is pulling the last plug on the Trans-Texas Corridor, Gov. Rick Perry's embattled plan to build a toll-road network across the state. The agency said earlier this year it was scaling down the project and dropping the name "Trans-Texas Corridor." Now, transportation officials say it's fully dead. Transportation Commissioner Bill Meadows told the Fort Worth Star-Telegram of the decision in a report posted online Tuesday. The news comes a day after Perry's Republican primary opponent, Sen. Kay Bailey Hutchison, secured the coveted endorsement of the powerful Texas Farm Bureau — a vocal opponent of the...
  • IH 635 MANAGED LANES PROJECT - Executive Summary

    03/23/2009 1:10:23 PM PDT · by I_Publius · 8 replies · 668+ views
    Texas Department of Transportation ^ | 2/26/2009 | LBJ Development Partners
    Home | Contact Us | Site Map | Espańol Business with TxDOT | Careers | Drivers & Vehicles | Local Information | News | Projects | Public Involvement | Safety | Travel | TxDOT Library | About Us E-Mail Us Statewide Local Podcasts Statewide Media Contacts Local Media Contacts Contact: Karen Amacker Phone: (512) 463-8954   February 26, 2009   Highly Anticipated LBJ-635 Expansion Contract Conditionally Awarded Multi-billion dollar transportation project to support local economy and improve congestion, air qualityAUSTIN—The Texas Transportation Commission voted Thursday to conditionally award the New LBJ project to LBJ Development Partners, positioning the North...
  • LETTER: TTC ordeal remains the same

    09/01/2008 9:29:46 AM PDT · by Tolerance Sucks Rocks · 3 replies · 234+ views
    The Lufkin Daily News ^ | August 30, 2008 | Gary L. Smith, Sr.
    In my recent letter to you concerning the TTC, I misquoted some information about the company known as Cintra. Mr. Patrick Rhodes of Cintra wrote in response to my mistake. Therefore, I stand corrected with the following: Fellow citizens, the company, Cintra, is not affiliated with ZAI-ACS. Cintra is partnered with Zachry on some TxDOT projects and ACS is partnered with Zachry on some other TxDOT projects. Therefore, I hope this clarifies the over-zealous statements in my letter. Cintra is a Spanish-owned company, and ACS is a larger Spanish-owned company. Zachry, a Texas company, is affiliated with each of them...
  • Texas wants its public funds to invest in roads

    08/22/2008 10:57:25 AM PDT · by Tolerance Sucks Rocks · 20 replies · 221+ views
    Reuters ^ | August 21, 2008 | Reuters
    NEW YORK (Reuters) - Public investment funds based in Texas could invest directly in transportation projects through a new corporation under a plan unveiled on Thursday by the state's legislative leaders and the governor. Texas has the nation's biggest road privatization plan but the legislature, reacting to criticisms that developers were enriching themselves at the expense of taxpayers, enacted a two-year moratorium. That has crimped road-building projects and led to a series of clashes between the governor and the legislature, who now have agreed on a compromise plan. Developers, including overseas companies, investment banks and private equity funds all vie...
  • LETTER: Toll road battle continues

    08/17/2008 2:10:14 PM PDT · by Tolerance Sucks Rocks · 13 replies · 385+ views
    The Lufkin Daily News ^ | August 17, 2008 | Gary L. Smith, Sr.
    Lately I have heard from some of you, asking about the Corridor. Most folks believe it is over, dead, gone from our beautiful East Texas. I have been watching our government's actions on this subject. Did you know that in TxDOT's cover letter to the federal government it states they will only use existing highways to build their corridor? Did you know that TxDOT also stated that it may need to build in non-existing paths also, some time in the future. Citizens, I write you today to make sure you understand that the corridor issue in Trinity County has not...
  • Commission picks developer for I-69 project

    06/27/2008 6:42:45 PM PDT · by Tolerance Sucks Rocks · 7 replies · 253+ views
    The Houston Chronicle ^ | June 26, 2008 | Janet Elliott
    AUSTIN — The Texas Transportation Commission on Thursday selected San Antonio's Zachry Construction Corp. and a Spanish toll road developer to plan a superhighway from Texarkana to Brownsville. The $5 million contract calls for Zachry American Infrastructure and ACS Infrastructure to create a financial plan for the Interstate 69 segment of the Trans-Texas Corridor. "This team represents the best in the balance of local and global expertise necessary to complete a project of this scope," said David Zachry, chief operating officer of Zachry Construction Corp. The private developers' plan calls for seven new loops around Corpus Christi and other cities...
  • TxDOT contract today will push Trans Texas Corridor forward

    06/26/2008 7:20:50 AM PDT · by Tolerance Sucks Rocks · 13 replies · 259+ views
    The Dallas Morning News ^ | June 26, 2008 | Michael Lindenberger
    AUSTIN -- The second half of the massive Trans Texas Corridor will take a large step toward reality today, when state transportation officials award a $5 million design contract to a team of private toll road operators. The operators will develop a master plan for the portion of the project that will run from Northeast Texas to Houston and then to Mexico – about 650 miles. The contract will not directly authorize the winning consortium to build any part of the super highway. But it will give the winning bidder a position of power for winning the much larger construction...
  • TxDOT listens to people about toll road

    06/18/2008 5:15:43 AM PDT · by Tolerance Sucks Rocks · 13 replies · 276+ views
    The Diboll Free Press ^ | June 18, 2008 | Jerry Gaulding
    A retreat from the Texas Department of Transportation's plan to build a new multi-lane toll road through East Texas is a clear victory for Angelina County and Diboll, local officials said last week. "I'm glad they went back to the original plan," Diboll Mayor Bill Brown said. Instead of a new Trans-Texas Corridor toll road paralleling U.S. 59, Tx- DOT now plans to widen 59 with a new bypass around Diboll and Lufkin. The planned 59 bypass, needed to avoid the signalized intersections in Diboll and Lufkin, provides in the original plan four exits for Diboll. That will be good...
  • Panel proposes changes for TxDOT

    06/03/2008 6:22:44 AM PDT · by Tolerance Sucks Rocks · 10 replies · 737+ views
    The Houston Chronicle ^ | June 2, 2008 | Peggy Fikac
    AUSTIN — Saying big changes are needed to restore trust in the Texas Department of Transportation, the Sunset Advisory Commission staff is recommending a revamp of its governing board, project planning, and dealings with lawmakers and the public. The commission's report, to be released today, comes in the wake of controversy over planned public-private partnerships on toll roads, the route of the proposed Trans-Texas Corridor transportation network and questions concerning agency funding figures. The Houston Chronicle obtained a copy of the report. "The Sunset review of the Texas Department of Transportation (TxDOT) occurred against a backdrop of distrust and frustration...
  • Kolkhorst seeks 'real' reforms to TTC plans

    05/31/2008 9:22:33 PM PDT · by Tolerance Sucks Rocks · 4 replies · 237+ views
    The Huntsville Item ^ | May 31, 2008 | The Huntsville Item
    State Rep. Lois Kolkhorst said it’s time for Texas transportation officials to talk about real reforms to address the public outrage over the proposed Trans-Texas Corridor. The Brenham Republican’s reaction followed Thursday’s actions taken by the Texas Transportation Commission. The panel adopted a set of guiding principals and policies which will govern the development, construction and operation of all toll road projects on the state highway system and the controversial Trans-Texas Corridor. Bob Colwell, Texas Department of Transportation public information officer for the Bryan district, said the adoption of the guidelines does not reflect the final approval of Interstate 69...
  • Non-competes now a non-starter with TxDOT

    05/29/2008 6:10:34 AM PDT · by Tolerance Sucks Rocks · 9 replies · 149+ views
    Short Cuts ^ | May 28, 2008 | Ben Wear
    Non-compete clauses for tollways would be a non-starter under a policy the Texas Transportation Commission will consider Thursday. Such language in toll road contracts, which generally prohibit a toll road owner (such as the Texas Department of Transportation) from building or expanding a nearby free road, or require compensation for doing so, have been controversial in Texas and elsewhere. TxDOT’s contract with Cintra-Zachry, a Spanish and American consortium that will build and operate a southern section of Texas 130, requires TxDOT to pay up if it makes certain highway improvements within 10 miles of the road. The commission Thursday will...