Infra Insight Blog

On July 31, 2013, the Virginia Department of Transportation (VDOT) executed a $108 million lump-sum design-build contract with Bizzack Construction, LLC (Bizzack) for the design and construction of the rough-grade roadbed for the U.S. Route 460 Connector Phase II.  The 460 Connector Phase II project is a 6.2-mile four-lane, limited access highway located between the U.S. Route 460 Connector Phase I, which is under construction near Breaks Interstate Park, Route 460 and the proposed Route 121 (Coalfields Expressway) interchange in Buchanan County, Virginia.  This route is ...

As the 2013 award season heats up for 2012 successes around the world, the juries are increasingly finding the US market hard to ignore. Infrastructure Journal and PPP Bulletin International, the two London-based media organizations that annually recognize top projects and industry organizations worldwide, have each announced their finalists for this year's best transportation transactions and firms. Focusing on public-private partnership projects as opposed to those mega-projects which are the subject of major design-build contracts, these organizations ...

On March 7, Project Finance Magazine held its annual Project Finance Americas Deals of the Year awards dinner in New York City.  The awards – which started 14 years ago – are for innovation, deal repeatability, best practice, problem solving, value for money and speed of delivery in the financing of infrastructure projects.  Two public-private partnership projects – one on the East coast and one on the West coast – received honors at this year’s dinner.     

The award for 2012 North America Toll Road Deal of the Year was given to the Midtown Tunnel project located in the Hampton Roads ...