Two private-sector groups submitted proposals and qualifications to compete for the development of TTC-69, a multi-use transportation system stretching from Northeast Texas to Mexico.
"Inviting the private sector to invest in our transportation system is one of our strategies to meet the growing transportation needs of Texas," said Michael W. Behrens, TxDOT executive director. "We are focused on these five goals: reducing congestion, enhancing safety, expanding economic opportunity, improving air quality and increasing the value of transportation assets."
Bluebonnet Infrastructure Investors, led by Cintra, submitted one proposal. Texas-based Zachry American Infrastructure and ACS Infrastructure Development Inc. also submitted a proposal.
These proposals include statements detailing the groups experience in developing and financing transportation projects similar to TTC-69. Also included are conceptual proposals describing how the team would finance, design, construct, operate and maintain TTC-69.
The next step is for TxDOT to complete an initial review of the proposals, which could be completed next month. Teams with experience, qualifications and innovative engineering will be placed on a short list of potential strategic partners for TTC-69.
With no funding set aside for construction, a public-private partnership would allow development of the entire 600-mile multibillion-dollar project from Northeast Texas to Mexico to be accelerated.