CONSTRUCTIONAMENDED

Hampton Roads Transportation Accountability Commission Meeting Agenda Packet April 2026

I-64 Segment III project funds deallocated after savings

Deallocation of $14,423,922.16 (total project cost $207,805,592.27; HRTAC PayGo funds $108,470,073.84)Hampton Roads Transportation Accountability CommissionVIRGINIA DEPARTMENT OF TRANSPORTATIONApril 16, 2026

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Description

HRTAC and the Virginia Department of Transportation executed a third amendment to the Standard Project Agreements for the I‑64 Peninsula Widening Segment III project, deallocating $14,423,922.16 in unused funds after the project came in under budget. The amendment updates the project budget and returns the savings to the Hampton Roads Transportation Fund for future reprogramming.

Contract Details

Contract Amount

Deallocation of $14,423,922.16 (total project cost $207,805,592.27; HRTAC PayGo funds $108,470,073.84)

Vendor

VIRGINIA DEPARTMENT OF TRANSPORTATION

Agency

Hampton Roads Transportation Accountability Commission, VA

Contract Type

CONSTRUCTION

Document Date

April 16, 2026

Contract Term

PE/RW/CN phases; CN: Start Jan 2018, End Jan 2022; RW: Start Jan 2018, End Aug 2019

Renewal Date

2022-01-31

Renewal Info

Third amendment (second float down) to the existing PE and RW/CN Standard Project Agreements originally dated March 17, 2016 and December 19, 2016, previously amended June 6, 2018 and August 30, 2018.

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Issuing Agency

Hampton Roads Transportation Accountability Commission

Special District

Chesapeake, VA

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Vendor