Commonwealth Transportation Board Workshop Agenda 2026-05-19
EMP I-66 Concession to Generate $1.25B Transit Funds
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Description
Express Mobility Partners’ I‑66 Outside the Beltway concession is slated to supply $1.25 billion in toll revenues for transit and corridor-benefiting projects through 2068 under DRPT’s grant program.
Contract Details
Contract Amount
$1.25 billion
Vendor
EXPRESS MOBILITY PARTNERS
Agency
Virginia Department of Transportation, VA
Contract Type
TRANSPORTATION
Document Date
May 19, 2026
Contract Term
through 2068
Renewal Date
2068-12-31
Renewal Info
Funding obligation extends through 2068 under the comprehensive agreement; no renewal details provided.
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Commonwealth Transportation Board Workshop Agenda 2026-05-19
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