Public Pension Fund Joins Private Team on Texas North Tarrant Toll Concession
Public Works Financing
Nossaman's Infrastructure Practice Group is mentioned in the Public Works Financing article, "Public Pension Fund Joins Private Team on Texas North Tarrant Toll Concession," as the advisor to the Texas Department of Transportation on the project. The article reports that Cintra will start building its second toll road, under a 52-year concession, in Texas next year, after winning a highly complex managed-lanes project on January 29. According to the article, the $2-billion North Tarrant Express will tackle some of the worst bottlenecks in the Fort Worth area by reconstructing existing lanes and adding new toll lanes with variable pricing along a 13-mile corridor.