Austin, TX – October 2, 2017 – Cintra is pleased to announce that its Transform 66 P3 Project in Northern Virginia won the top award in the Best Transportation Project category of the 2017 P3 Awards.
The P3 Awards were held on September 26th at the Mayflower Hotel in Washington, D.C. and attracted over 250 guests.
Over 60 entries were shortlisted across 11 categories, and the winners were selected by a panel of 80 judges with varied backgrounds within the industry.
The Transform 66 P3 Project was one of seven entries shortlisted in the Best Transportation Project category. The other projects included GICA: Girardot – Ibaqué – Cajamarca, Colombia; Highway 427 Expansion Project, Canada; Kingston Container Terminal PPP Project, Jamaica; L.F. Wade International Airport Redevelopment, Bermuda; Southwest Calgary Ring Road, Canada; and Winnipeg Southwest Rapid Transitway (Stage 2), Canada.
“We are thrilled that the I-66 project was recognized by the industry as the Best Transportation Project for 2017,” said Belen Marcos, United States president of Cintra. “We’re excited to be a part of the largest P3 project in Virginia and look forward to bringing congestion relief to the northern Virginia region.”
A complete list of winners may be found at http://p3awards.partnershipsevents.com/2017-winners
About the Transform 66 P3 Project
The $3 billion Transform 66 P3 Project, extending 22 miles along the Interstate 66 corridor outside of the Beltway between US Route 29 near Gainesville in Prince William County and Interstate 495 in Fairfax County, will add capacity, improve mobility and provide more predictable travel times for Northern Virginia and the Washington, D.C. metro region. It is the first project to follow Virginia’s reformed P3 process.
The project will be developed as a public-private partnership between the Commonwealth of Virginia and I-66 Express Mobility Partners, which includes equity members Cintra and Meridiam, and lead contractors Ferrovial Agroman US Corp. and Allan Myers VA, Inc.
Once completed, the project will provide significant upgrades to the highly congested corridor such as:
- Three regular lanes in each direction
- Two express lanes in each direction with a state of the art open-road electronic toll collection system
- Direct access between the express lanes and new or expanded commuter lots
- New and expanded transit service and park-and-ride lots
- Interchange improvements to enhance safety and reduce congestion, including auxiliary lanes between interchanges, where needed
With US headquarters in Austin, Texas, Cintra is the leading private-sector transportation infrastructure company in the world, with experience spanning nearly 50 years of innovative highway development on four continents. Today, its portfolio includes more than 1,200 miles of managed highways globally, representing a total global investment in roadway improvements of over $21.6 billion. Cintra manages nearly $8 billion of infrastructure projects in the United States and more than $4.7 billion of infrastructure projects in Canada. www.cintra.us