CINTRA P3 Managed Lanes I-76 Proposal Under Review
- Disclosed value
- $3.25 billion ($0 to PennDOT), $200,000,000 concession fee to PennDOT
- From agenda
- Document date
- Dec 17, 2024
- Term
- 50 years
- Renews
- Free account
The 30-second brief
PennDOT is reviewing an unsolicited $3.25 billion proposal from CINTRA to deliver and operate managed lanes on I-76 for 50 years via a DBFOM P3 agreement. The proposal is under technical and financial analysis; no decision has been made.
CINTRA holds this construction contract with Pennsylvania Transportation Board | Commonwealth of Pennsylvania. Its other public contracts on record include work for Pennsylvania Department of Transportation | Transportation Board Meetings and Pennsylvania DOT (P3 Transportation Board Meetings).
The renewal date is on record. A free account shows it, with the renewals for every Pennsylvania Transportation Board | Commonwealth of Pennsylvania contract.
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Contract details
- Contract type
- Construction
- Amount
- $3.25 billion ($0 to PennDOT), $200,000,000 concession fee to PennDOT
- Document date
- December 17, 2024
- Term
- 50 years
- Renews
- Free account
- Vendor
- CINTRA
- Source document
- penndot_p3_office_board_meeting_agenda_december_20.pdf (Agenda)
CINTRA's other public contracts
More Pennsylvania Transportation Board | Commonwealth of Pennsylvania contracts
Questions about this contract
Who was awarded the construction contract by Pennsylvania Transportation Board | Commonwealth of Pennsylvania?
CINTRA was awarded this construction contract by Pennsylvania Transportation Board | Commonwealth of Pennsylvania, as recorded on December 17, 2024. The contract value is $3.25 billion ($0 to PennDOT), $200,000,000 concession fee to PennDOT.
How much is the CINTRA contract with Pennsylvania Transportation Board | Commonwealth of Pennsylvania worth?
The CINTRA contract with Pennsylvania Transportation Board | Commonwealth of Pennsylvania is valued at $3.25 billion ($0 to PennDOT), $200,000,000 concession fee to PennDOT, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agenda record.
Where was this contract approved?
This contract appears in penndot_p3_office_board_meeting_agenda_december_20.pdf (Agenda), dated December 17, 2024 from Pennsylvania Transportation Board | Commonwealth of Pennsylvania. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does CINTRA hold?
CINTRA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Pennsylvania Transportation Board | Commonwealth of Pennsylvania currently buying?
Explore Pennsylvania Transportation Board | Commonwealth of Pennsylvania's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.