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Contact:
Telephone: |
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Gabriela Garcia (512) 475-2134 |
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June 14, 2006 |
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AUSTIN - Companies with Texas,
U.S. and international experience
are competing to develop the
Trans-Texas Corridor-69 -- one of the
state’s priority transportation
projects.
Two private sector groups
submitted proposals and
qualifications to compete for the
development of TTC-69, a multi-use
transportation system stretching
from Northeast Texas to Mexico.
“Inviting the private sector to
invest in our transportation system
is one of our strategies to meet the
growing transportation needs of
Texas,” said Michael W. Behrens,
TxDOT executive director. “We are
focused on these five goals:
reducing congestion, enhancing
safety, expanding economic
opportunity, improving air quality,
and increasing the value of
transportation assets."
One proposal was submitted by
Bluebonnet Infrastructure Investors,
led by Cintra. Team members include
Citigroup, Earth Tech, Blanton &
Associates, Maunsell, Othon and W.W.
Webber.
A proposal was also submitted by
Texas-based Zachry American
Infrastructure and ACS
Infrastructure Development Inc. Team
members include Steer Davies Gleave,
UBS Securities, Dannenbaum
Engineering, ACI Consulting,
Sociedad Ibercia de Construcciones
Electricas, Dragados, and William
Brothers Construction.
These proposals include
statements detailing the groups
experience in developing and
financing transportation projects
similar to TTC-69. Also included are
conceptual proposals describing how
the team would finance, design,
construct, operate and maintain
TTC-69.
The next step is for TxDOT to
complete an initial review of the
proposals, which could be completed
next month. Teams with experience,
qualifications and innovative
engineering will be placed on a
short list of potential strategic
partners for TTC-69.
Once this is completed, approval
by the Texas Transportation
Commission is needed to continue
with the competitive selection
process. If approved, TxDOT will
request detailed proposals from the
short list of potential strategic
partners. A selection of a strategic
partner could be made by the
commission by late 2007.
With no funding set aside for
construction, a public-private
partnership would allow development
of the entire 600-mile multi-billion
dollar project from Northeast Texas
to Mexico to be accelerated. Even
with private sector resources to
fund the project, state
transportation officials stress
TTC-69 will remain a state-owned
project.
On a parallel yet independent
track, work continues on the initial
environmental study that would
narrow the current study area to
approximately four miles wide.
Subsequent studies will be needed to
determine a final route for the
project.
Interstate 69 is being developed
under the Trans-Texas Corridor
master plan. If environmentally
approved, the project would be
developed as needed and as private
sector resources are available. |