Ferrovial wins contract for expansion of I-95 highway in North Carolina
Ferrovial has announced that its US construction subsidiary, Webber, has won a US$282.9 million contract for the expansion of the I-95 highway in North Carolina, USA.
Under the contract, Webber will be responsible for the widening of 8 miles section of I-95, expanding road capacity to eight lanes, from the current four, replacing bridges and overpasses and upgrading drains.
The project will increase traffic safety, lessen congestion and offer more dependable transit times when it is finished in late 2026.
Country updates
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August 22, 2022
Global Infrastructure Solutions Inc. (GISI) to acquire 100% stake in Hill International
Global Infrastructure Solutions Inc. (GISI) has announced an agreement to acquire 100% stake in Hill International. According to agreement terms, GISI will commence an all-cash tender offer to acqu...
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August 19, 2022
RFI launched for Airside real estate PPP project at Bradley International Airport
Connecticut Airport Authority has launched a request for information (RFI) seeking a private partner for the development of airport airside real estate at Bradley International Airport (BDL) in Windso...
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August 18, 2022
Draft RFP issued for City Hall and Parking Garage PPP project in North Miami
The City of North Miami in Florida, USA has issued a draft request for proposal (RFP) for the development of a new city hall and associated parking garage in North Miami. The project is being procured...
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August 16, 2022
Carlyle partners with Tillman Global Holdings to invest in US Towers
Carlyle Group has announced that funds managed by its platform have committed up to US$1 billion in investment to partner with Tillman Global Holdings in Tillman Infrastructure. Tillman Infrastructure...
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August 12, 2022
White House to use PPP for building modernization initiative
The White House has announced the Climate Smart Buildings Initiative that will utilize public-private partnerships (PPP) for the modernization of Federal buildings with aims to reduce energy...
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