Posted on 07/02/2006 1:22:43 PM PDT by Tolerance Sucks Rocks
UPDATE with environment report, financing details, tariffs structure
MADRID (AFX) - A consortium led by Cintra Concesiones Infraestructuras SA said it has signed its first contract to build a section of the Trans-Texas Corridor toll road project in the US and will invest 1.3 bln usd.
In a statement, Cintra said the 50-year concession is to design, construct and operate segments 5 and 6 of the SH 130 motorway between Austin and Seguin.
The consortium is 65 pct controlled by Cintra and 35 pct by local constructor Zachry.
Cintra announced the contract in Dec 2004, and said it expected to develop 6 bln usd of motorway projects over the next five years as part of the project.
The final approval of the contract is subject to environmental approval which may come within 6-8 months, Cintra said.
Financing for the project is yet to be finalized though the constructor is expecting to pay with 20-30 pct of its own funds and 70-80 pct debt.
Cintra added that the tariff scheme for the motorway will be 0.125 usd/mile for light vehicles and 0.50 usd/mile for heavy vehicles in 2006, and will be increased in-line with Texas' GDP per capita each year.
Please get a grip.
I think some people are just happy being miserable...to the point where they even have to manufacture more misery for themselves...then are miserable again because rationale people are laughing at them...which makes them more happy...which.....It's just a freaking toll road!
EZ Pass is no long run by MCI anyway. This was years ago.
Glad you never had a problem.
And NO car will "get chipped" ( whatever the bloody hell you mean by that !), without the owner of said car applying and PAYING FOR the little EZ-PASS thingy you attack to the windshield. When you pay for it, EVERYTHING is explained in a whole lot of accompanying bumph.
Excellent!
I'm glad you realize that fictional characters do not build highways. I'm not sure what that adds to the conversation, though.
Up until now we've paid for our highways with taxes. Everyone pays the taxes, and everyone is allowed to use the highways. Implementing toll roads is a pernicious, eternal, regressive tax.
You suggested that your personal data is somehow less secure if it is stored on a server in Spain rather than the U.S. The fact of the matter is, any hacker can get to it anywhere . . . making having someone doing the job with experience in these matters that much more important. Cintra is not a corporation headquartered in a garage.
Can't have that . . . those furriners talk funny. And they smell different.
A new definition of regressive! What will you think of next?
Look in that third box on your voter registration card where it says "LEG". There will be a number there. If that is too complicated, follow this:
http://www.capitol.state.tx.us/fyi/fyi.htm
This idiocy used to get pulled from FR, but now, for some inexplicable reason, it is allowed to stay and stay and stay. The black helicopter crowd is either growing, or the shyer ones have become bolder. No matter, it all just boils down to the fact that some people are not satisfied with the things we really should be afraid of, but have to look for more arcane, "hidden" factors to fear and so, will latch onto any bizarre thing to come down the pike.
They and these posts are all beginning to sound like discards from "DR. STRANGELOVE"! LOL
No, Genesis has nothing to do with EZ Pass.
Home head quarters always have databases for their records.
Home head quarters is in Spain.
Good grief!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
EZ Pass is a different company that is contracted with our local governments.
>>>>You suggested that your personal data is somehow less secure if it is stored on a server in Spain rather than the U.S.
Yes.
Maybe Cintra is 15 years behind on the technology curve. If so, it makes the fact Cintra landed this contract that much more impressive. :)
And they won't run nor even have control over EZ-PASS, which is most probably what WILL be used.
Why? How?
Too funny. What will it be once this highway from hell turns out to be nothing more then a highway?
You are correct. India and Malaysia are much cheaper. Shucks, we might even run the data through Mexico first. Only because it might p!ss off a few nitwits ;)
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