Financial Close For I-95 Express HOT Lanes in Va.

A commercial and financial close was reached  August 1 on the $940-million I-95 Express HOT lanes concession in northern Virginia, marking the next phase of the state’s plans for a dynamically tolled network of managed lanes to relieve extraordinary congestion in one of the wealthiest regions of the U.S.

Toll rates are unrestricted in the 73-year DBFOM concession and can be set to maximize returns under all conditions. . .

About Bill Reinhardt

Editor of Public Works Financing newsletter
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