Commonwealth Transportation Board Resolution Long Bridge Project Partnership Agreement March 2026
VDOT and VPRA Partner for Long Bridge Project Delivery
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Description
The Virginia Department of Transportation and Virginia Passenger Rail Authority have executed a Project Partnership and Financing Agreement to jointly facilitate, finance, and oversee construction of the Long Bridge Project. This landmark agreement governs collaboration and financing using a mixture of state bonds and federal loans.
Contract Details
Vendor
VIRGINIA PASSENGER RAIL AUTHORITY
Agency
Virginia Department of Transportation, VA
Contract Type
OTHER
Document Date
March 18, 2026
Contract Term
Effective date upon execution; expires 90 days after final payment to Design-Builders and claims resolved unless earlier terminated.
Renewal Info
Amendments possible as structure of project financing evolves; Agreement may be amended in writing by both parties.
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