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PBS&J to Provide CM Services for Tollway
Authority
The recently approved contract,
which spans five years, was awarded to PBS&J as one of
two consultants to help manage the North Texas Tollway Authority's
toll-financed projects.
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Tollway Authority Taps
PBS&J Again
The North Texas Tollway Authority's board of directors recently
voted unanimously to approve PBS&J's contract to provide
construction management services for the next five years.
As a result, the firm will serve as one of two consultants
that will help advance the authority's program for constructing
toll-financed projects in North Texas.
PBS&J has been retained by NTTA to support the agency's
rapidly growing work program. Near-term projects include the
four-lane, 1.7-mi.-long Lewisville Lake Toll Bridge in Denton
County. Construction of the toll bridge, which features a
tied-arch center span, is part of a 13-mi. transportation
corridor project that kicked off last month. Construction
is projected to be completed in 2008.
PBS&J will provide construction management services for
the Southwest Parkway, a six-lane, 9.1-mi. controlled-access
toll road that is scheduled for construction letting in summer
2007. A joint project of NTTA and TxDOT, the Southwest Parkway
includes plans for a five-level interchange at IH-20 and SH
183, as well as a highly complex connection with IH-30 at
the northern end of the toll road. This $825 million project
is expected to be complete by 2010. Additional assignments
will be given during the contract period as the need arises.
"We feel privileged that the NTTA Board has awarded
this work to us," said Doug Dillon, PBS&J senior
vice president and regional service manager for Construction
Services.
PBS&J has conducted other assignments for NTTA in the
past and currently serves as its right-of-way program manager,
focusing on the eastern extension of the President George
Bush Turnpike.
Partnership Pays Off for
SH 130
Texas is poised to receive a $1.3 billion private investment
to build the remaining 40 mi. of SH 130. (See "Building
Confidence," in this issue.)
TxDOT recently stated the agency is focused on five transportation
goals: reduce congestion, enhance safety, expand economic
opportunity, improve air quality and increase the value of
transportation assets.
Under a proposed agreement, Cintra Zachry will help meet
the state's transportation goals by putting up the needed
financing to complete the toll road from Austin to Seguin.
The financing package includes millions in right-of-way costs
to be paid by Cintra Zachry, lifting the financial burden
from Caldwell, Guadalupe and Travis counties.
As part of the proposed agreement, the state also has negotiated
a $25 million up-front concession payment plus a share of
the toll revenue over the next 50 years. The state's cut of
the toll revenue begins with the first dollar earned on the
toll road. The agreement defines how the state's share will
increase as toll revenues reach certain levels, eventually
reaching a 50-50 split with Cintra Zachry.
It is estimated that the state could receive approximately
$1.6 billion over the next 50 years in toll revenue.
State transportation officials stressed that SH 130 will
be a state-owned toll road with title to any property purchased
to be held by the state. Subject to environmental clearance,
Cintra Zachry will be responsible for the financing, design,
construction, operation and maintenance over 50 years.
The state will be responsible for the customer service and
business operation of TxTag. The southern half of SH 130 will
be an all-electronic toll-collection system allowing motorists
to travel at highway speeds without stopping at toll plazas.
The agreement calls for the transportation commission to
approve the methodology for setting the tolls, as defined
in state law.
Environmental work is ongoing on the 40-mi. portion of SH
130 from Austin to Seguin and the environmental approval is
expected by year's end.
FutureGen Coming to Texas?
Texas is a step closer to becoming the new home to the U.S.
Department of Energy's FutureGen project. Both sites submitted
by Texas, one in East Texas and the other West Texas, have
made the short list for final selection, placing them among
the final four sites under consideration for the $1 billion
public-private initiative to build the world's first near-zero
emissions coal power plant.
"Texas has once again proven it is a leader in diversified
energy production, and we are one step closer to having the
world's first near-zero emission coal-fired power plant in
Texas," said Gov. Rick Perry. "Both Texas sites
bring unique strengths to the FutureGen project and represent
the extraordinary resources of our state."
The Texas sites are located near the cities of Jewett (East
Texas) and Odessa (West Texas). Texas submitted the two proposals
to the FutureGen Industrial Alliance, a non-profit consortium
of coal producers formed to partner with DOE for the initiative,
in May. The alliance is scheduled to announce its final selection
in fall 2007 with groundbreaking set for 2008. The facility
is projected to be operational as early as 2012.
The news that the Texas sites made the short list came on
the same day that the American Wind Energy Association announced
that Texas had bypassed California as the nation's leading
wind energy producer.
As well, the Texas Legislature recently passed House Bill
149, which made Texas the first state to assume liability
for the carbon dioxide produced by FutureGen and stored in
underground wells. The legislation takes effect the first
of this month.
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