We use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you agree to our use of cookies. To close this message click close.

Texas Transportation Update

11 October 2011

Finance Alert

Under recent developments in Texas law, local toll project entities have the first option to develop, finance, construct, and operate certain toll projects while the Texas Department of Transportation (TxDOT) has the second option on such rights. As a regional tollway authority, the North Texas Transportation Authority (the NTTA) had certain first option rights with respect to the IH 35E Managed Lanes Project (the IH 35E Project). In July, the NTTA was requested to provide TxDOT with a waiver of its first option rights to the IH 35E Project.

Read "Texas Transportation Update"


Loading data