Free Republic

LET’S BUILD INFRASTRUCTURE is preparing to launch formally in Washington, D.C., next week with a six-figure advertising blitz focused on pressing lawmakers to use privatization, rather than taxation, to pay for the infrastructure proposals debated in Congress. The organization touts public-private partnerships and a process known as “asset recycling,” in which the government finances new construction and repairs by selling or leasing roads, bridges, water utilities, parking lots, and other infrastructure assets to private contractors instead of paying for them with public funding. The private operators in turn recoup costs by adding tolls or increasing user fees, such as water...

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...

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...

Grupo Ferrovial, Spain’s construction, infrastructure and services giant, had a busy summer acquiring airports in the UK and Peru. Now it has a concession to build and operate a Texas superhighway. Construction of the new toll road project, designed to develop an alternative route to Interstate 35 as part of the planned Trans-Texas Corridor is due to start early next year. This is has been agreed by the Texas Department of Transport under a comprehensive development deal with the Spanish company Cintra - Concesiones de Infrastructuras de Transporte, a member of the Ferrovial group. Cintra’s partner for the five-year road...

AUSTIN - A proposed toll road that would encircle Dallas-Fort Worth has a new nickname: the Doughnut. Texas Transportation Commission members passed out Krispy Kreme doughnuts Thursday to symbolize their support for the outer loop, which would be built in segments from 2011 to 2030 as part of the Trans-Texas Corridor. They also celebrated the commission's approval Thursday of a new road-building partnership among Metroplex cities and counties, the North Texas Tollway Authority and the state. The partnership would also work with any companies wishing to build private toll roads in the area. "We are committed to the Doughnut," commission...

Unfortunately, the posting of any AFX news content (that presumably includes excerpts) is expressly prohibited, so I can only leave you with this link: Ferrovial, ACS compete for 2.1 bln eur Texas motorway contracts - report

Construction firm aims to build foundation for US operations El Pais Spain | M. ELKIN Madrid Ferrovial, Spain's second-largest construction group, bought the Texas-based Webber Group for $220 million (€178 million) on Tuesday, the Spanish company said in a statement to national securities regulators. The purchase of Webber, whose construction and services operations are located in Houston and Dallas, will provide Ferrovial with an established base to provide support for its $37 billion contract with the Texas Department of Transportation to build and operate the Trans-Texas Corridor, running from the Mexican border to Texas' northern border with Oklahoma. The deal,...