Commonwealth Transportation Board Workshop Agenda 2026-05-19
Transurban Toll Revenues Back $2.7B Transit Program
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Description
Transurban’s I‑395/I‑95 Express Lanes concession is projected to yield $2.7 billion through 2087 for the Commuter Choice transit program, funding corridor transit and TDM projects along I‑95 and I‑395.
Contract Details
Contract Amount
$2.7 billion
Vendor
TRANSURBAN
Agency
Virginia Department of Transportation, VA
Contract Type
TRANSPORTATION
Document Date
May 19, 2026
Contract Term
through 2087
Renewal Date
2087-12-31
Renewal Info
MOA runs concurrent with the P3 concession through 2087; specific renewal options are not described.
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