Funding Agreementpending

Austin invests $265M in IH-35 improvements.

The City of Austin plans to negotiate and execute an advance funding agreement with the Texas Department of Transportation, committing up to $265,000,000 for integrating cap and stitch roadway elements into the IH-35 Capital Express Central Project. Funding includes $41,000,000 from a State Infrastructure Bank financial assistance loan and up to $224,000,000 from tax-exempt Certificates of Obligation.

Status
pending
Document date
May 20, 2025
Contract type
Funding Agreement
Vendor
Texas Department of Transportation
Agency
Town of Austin · ND

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$265,000,000
Contract type
Funding Agreement
Contract term
NA
Document type
Agenda
Source document
town-of-austinagenda2025-05-20_4e2.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the funding agreement contract by Town of Austin?

Texas Department of Transportation was awarded this funding agreement contract by Town of Austin, as recorded on May 20, 2025. The contract value is $265,000,000.

How much is the Texas Department of Transportation contract with Town of Austin worth?

The Texas Department of Transportation contract with Town of Austin is valued at $265,000,000, covering funding agreement work.

What type of contract is this?

This is a Funding Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-austinagenda2025-05-20_4e2.pdf (Agenda), dated May 20, 2025 from Town of Austin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Texas Department of Transportation hold?

Texas Department of Transportation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Texas Department of Transportation's profile

What is Town of Austin currently buying?

Explore Town of Austin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Austin's profile

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