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Ferrovial

Ferrovial - Integrated annual report 2013 / United States

North Tarrant Express NTE Highway

  • It involves the reconstruction of the existing highway and the construction of managed toll lanes as well as the maintenance and management of both.
  • It is 21.4 kilometers long and located at the major Dallas-Forth Worth hub, one of the most congested in the United States. The project is divided into two segments.
  • The NTE Mobility Partners consortium, led by Cintra, started building the road at the end of 2010 and it is expected to be put into service in 2015. The concession period is 52 years.
  • The toll system will be electronic and barrier-free.
  • Rates are dynamic and may be changed every five minutes to ensure a minimum speed of 50 miles per hour.
  • 21.4 kilometers
  • € 1.54 billion investment managed
  • 56.67% stake
  • 2061 end of concession period

NTE 35-W Toll Road

  • It involves designing, building, financing and operating a section that adds more than 16 km to the North Tarrant Express in the Dallas/Fort Worth area in Texas.
  • The concession will last for 52 years from 2009, when the NTE contract was awarded.
  • The project includes sections 3A (10 kilometers long), along the I-35W toll road, from Fort Worth to the IH-820; the link between the I-35W and the IH-820; and section 3B (6 kilometers long), from the link with the IH-820 up to the US 287.
  • The toll system is electronic and barrier-free.
  • Rates are dynamic, based on demand.
  • 16.4 kilometers
  • € 970.4 million investment managed
  • 50.1%stake
  • 2061end of concession period 

LBJ Express Highway

  • Construction, maintenance and management of 27.4 kilometers of the LBJ Expressway, specifically the section located between the interstates IH-35E and US-75, and the interstate IH-35E, between Loop 12 and LBJ, in the north of Dallas, Texas.
  • Construction began in 2010 and the first 5-kilometer section entered into service in December 2013. The opening of a second 6-kilometer section is planned for mid-2014. The completion of the project and the final opening will be at the close of 2015.
  • It will have 21 kilometers of dedicated toll lanes, up to 3 each way.
  • The toll system will be electronic and barrier-free.
  • Rates are dynamic and may be changed every five minutes to try to ensure a minimum speed of 50 miles per hour.
  • 27.4 kilometers
  • € 1.9 billion investment managed 
  • 51% stake
  • 2061end of concession period

Chicago Skyway

  • Provides an alternative to a highly congested corridor connecting Chicago with a major residential and leisure area.
  • Rate system that allows rate increases above the rate of inflation: rate increases as under the contract in alternate years to 2017. Starting in 2018, an annual increase of 2%, the CPI or nominal per capita GDP, whichever is highest.
  • 12.5 kilometers
  • € 1.39 billion investment managed
  • 55% stake
  • 2014end of concession period

Indiana Toll Road

  • Two different sections:
    • Western Section, 37 kilometers long with open toll system which connects with the Chicago Skyway and provides an alternative to a highly congested corridor.
    • Eastern section, 217 kilometers of a ticket system toll road to the Ohio state line. It is part of the main route linking Chicago and the Mid-West with New York and carries heavy freight traffic.
  • Toll plan: an annual increase of 2%, the CPI or nominal per capita GDP, whichever is highest.
  • 252.7 kilometers
  • € 3.04 billion investment managed
  • 50% stake
  • 2081end of concession period

SH-130 Segments 5&6

  • This road is an alternative to the congested I-35 in the San Antonio to Austin corridor.
  • Toll collection is 100% free flow with no barriers.
  • Tolls are updated annually in accordance with the nominal per capita GDP of the State of Texas. Revenue is shared with the state according to a system of traffic bands.
  • Compensation for competing infrastructures along a 10-mile corridor.
  • The Texas Department of Transport authorized an 85 miles per hour (136 kilometers per hour) speed limit, which means that it is one of the fastest highways in the United States.
  • 64 kilometers
  • € 1.04 billion investment managed 
  • 65% stake
  • 2062end of concession period