Posted on 03/20/2007 1:00:07 PM PDT by Calpernia
DALLAS (March 1, 2007) Bracewell & Giuliani LLP advised Cintra Concesiones de Infraestructuras de Transporte, S.A., a Spanish transportation company, in its successful bid to develop State Highway 121 into a toll road through Collin and Denton�counties. The award to Cintra, approved by the Texas Transportation Commission, is the first privatization of a Texas toll road.
Bracewell is acting as project counsel to Cintra with respect to the 50-year concession from the Texas Department of Transportation. Cintra will pay a $2.1 billion upfront and annual lease payments totaling $700 million.
"Cintra was awarded this project because of its proven expertise and competitive proposal," said�Thomas O. Moore, partner with Bracewell & Giuliani. "This is the largest transportation deal of 2007. This is one of only five deals in the country."
Three firms have competed for the Comprehensive Development Agreement for State Highway 121 since last summer. The proposals were reviewed and scored based on selection criteria set forth by the Regional Transportation Council, the metropolitan planning agency for the Dallas-Fort Worth area.
This CDA is a public-private partnership that allows the provider to handle all facets of developing the toll road, including completing construction and operating and maintaining the corridor.
Cintra, a subsidiary of Grupo Ferrovial specialized in toll roads and car parks, is one of the world's leading private-sector developers of transport infrastructure.
"I think dynachrome was being a wiza guy"
I am a funny guy. All dynachromes say so! ;)
Hedge, look what Granny found:
http://www.freerepublic.com/focus/f-news/1791631/posts?page=2520#2520
Excerpt:
All non-Muslim Americans have been officially put on notice by CAIR that they report the suspicious activities of Muslims at risk of legal action.
Good info, keep digging, you are good at it, I will never be able to match your research.
They sure are doing Nancy Pelosi proud, aren't they?
Thanks for the link.
I guess this is why the globalists want Guiliani elected. Bush and Perry are getting push back on the TTC, if they get a guy with a clear financial interest in the TTC elected prez, it will be a slam dunk for Cintra and the globalists.
Exactly. And Giuliani's Security business is a distributor for Applied Security.
He reminds me of Dr. Seuss's Mr. Sylvester McMonkey McBean.
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