VINCI wins four road infrastructure contracts in Florida
24 July 2015 - 8:30 am - New contracts - United States of America
- Four contracts with a total value of nearly $200 million (€185 million)
- Key projects as part of the Florida Department of Transportation’s Plan
Eurovia’s U.S. subsidiary Hubbard Construction recently won four road infrastructure contracts in Florida with a combined value of nearly $200 million (€185 million).
These contracts are part of the State’s $10 billion (over €9 billion) Florida Transportation Plan unveiled in January 2015, which will help accelerate the State’s economic growth.
Eurovia’s expertise will make a significant contribution to these Florida Department of Transportation (FDOT) infrastructure projects, which are designed to refurbish and expand the State’s roads and highways to accommodate traffic growth.
Four contracts to upgrade Florida’s infrastructure:
Widening of State Road 528 in Orlando
This project involves widening a 6.5 km section of expressway from Florida's Turnpike to I-4.
It also includes widening of six bridges, comprehensive refurbishment of two bridges and construction of two new access bridges.
- Contract value: $92.5 million (€84.2 million)
Lane upgrades on International Drive in Orange County
International Drive, better known as “I-Drive”, is a major artery in the city of Orlando and a major tourist corridor serving a huge resort that brings together the State’s most-visited attractions (six of the world’s largest theme parks). The project includes recycling of 16 km of lanes, construction of 8 km of additional lanes and development of pedestrian bridges. Landscaping, drainage, road sign and road marking works are also included.
- Contract value: $21.5 million (€19.5 million)
Supply of asphalt mix for the “I-4 Ultimate Improvement” project over the coming six years
Hubbard Construction will supply more than 1 million tonnes of asphalt mix, which it will also place. The I-4 project in Central Florida comprises renovation and widening of the 24 km section between Orlando and Longwood, which will in places be widened to 10 lanes, including four toll express lanes.
- Contract value: $74 million (€67.3 million)
Reconstruction and widening of a 2.4 km section of Florida State Road 21
(between McMeekin and Jacksonville in Northern Florida)
The goal of this widening project is to improve the flow of traffic on the particularly busy section. Traffic, currently standing at 33,700 vehicles per day, is expected to increase nearly 35% over the coming 20 years.
- Contract value: $15.8 million (€14.3 million)
Eurovia, a subsidiary of VINCI, builds transportation infrastructures—roads, highways, railways, airport and tramway platforms—and works on setting up industrial, commercial and urban sites. Eurovia also has extensive know-how in related areas: demolition and deconstruction, sanitation, excavation, roadwork and utility networks, signage, engineering structure, and noise-attenuation barriers. Operating in 16 countries, the company employs 39,000 people. In 2014, it achieved sales of 8.2 billion euros.
VINCI is a global player in concessions and contracting, employing more than 222,000 peoplein nearly 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI’s goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large.