Virginia DOT, Transurban Agree to Pocahontas Parkway Concession
- Virginia DOT to Tap Debt Program With $493M Issue. Temple-West, Patrick // Bond Buyer;5/11/2010, Vol. 372 Issue 33314, p6
The article reports on the move of the Department of Transportation in Virginia to price competitively the 492.7 million dollars of transportation bonds which is the first bond offering by the state from a three billion debt program approved in 2007.
- VDOT Centennial. Sigo, Shelly // Bond Buyer;3/16/2006, Vol. 355 Issue 32340, p29
The article reports the celebration of the 100th year in business of the Virginia Department of Transportation. The department had about 1.9 billion of outstanding debt at the end of June 30, 2005. The agency has built more than 57,500 miles of highways, bridges and tunnels. It is the...
- Virginia DOT OKs HOT Plan. Sanchez, Humberto // Bond Buyer;9/11/2007, Vol. 361 Issue 32710, p1
The article reports on a preliminary agreement entered by Virginia Department of Transportation with Transurban Group Ltd. and Fluor Enterprises Inc. to build 14 miles of high-occupancy toll lanes on the Capital Beltway, which is expected to cost $1.7 billion and could be partially financed with...
- Virginia, 2 Firms Sign Pact on Capital Beltway Toll Lanes. Vadum, Matthew // Bond Buyer;5/2/2005, Vol. 352 Issue 32123, p3
Reports on the development agreement signed between the Virginia Department of Transportation and Fluor Enterprises Inc. and Transurban Inc. to develop a project to design, construct, finance and operate a new high-occupancy toll lanes in Virginia. Amount involved in the project; Method of...
- Deal for D.C. New HOT Lanes Is Turning Out To Be Hot Stuff. Cho, Aileen // ENR: Engineering News-Record;1/28/2008, Vol. 260 Issue 3, p12
The article reports on a $1.35 billion high occupancy toll lane (HOT) expansion project by Transurban Group, Fluor Corp. and the Virginia Department of Transportation. Around $1.93 billion will be invested to the project along the Capital Beltway, some of which coming from equity investors and...
- SOUTHEAST Bond-Watch. DeSue, Tedra; Vadum, Matthew // Bond Buyer;4/18/2002, Vol. 340 Issue 31368, p29
Reports developments related to bonds in various Southern States as of April 2002. Decision of Charlotte to sell its general obligations bonds; Decline of the revenue collections of Tennessee; Appointment of Philip Shucet as commissioner of the Virginia Department of Transportation.
- VDOT: 'Mixing Bowl' Overruns Won't Lead to Bonds. Vadum, Matthew // Bond Buyer;09/21/2000, Vol. 333 Issue 30980, p4
Reports that the Virginia Department of Transportation has assured the public that expected cost overruns on the Springfield Interchange Improvement Project will not lead to the issuance of bonds. Total cost of the highway improvement project; Percentage of the project's total cost to be paid...
- Virginia DOT Audit: $1 .45B Could Be Freed Up for Projects. Temple-West, Patrick // Bond Buyer;9/27/2010, Vol. 373 Issue 33389, p4
The article reports on a released audit by Virginia Governor Robert F. McDonnell of the state's Department of Transportation (VDOT) showing 1.45 billion dollars that could be given for projects and could accelerate VDOT's bond issuances.
- RELIEVING PRESSURE ON THE BELTWAY. // American City & County;Jun2009, Vol. 124 Issue 6, p46
The article deals with the decision of Virginia's Department of Transportation (VDOT) to use a public-private partnership (PPP) to fund the construction and operation of 14 miles of high-occupancy toll (HOT) lanes that would relieve congestion on the Capital Beltway around Washington. KPMG...