After a slow start, Virginia expects to shortlist four of the five teams competing for its $2.1-billion I-66 managed lanes project by October and issue a draft RFP 30 days later, once a long chain of approvals are in hand. The plan now is for Virginia DOT to obtain NEPA approvals by year end and reach commercial close in the fall of 2016, says Douglas Koulemay, director of Virginia’s Office of Transportation Public Private-Partnerships (OTP3).
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