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Commonwealth Transportation Board Workshop Agenda 2026-05-19

Fredericksburg Extension Added to 95 Express P3

~$69.7M construction costVirginia Department of TransportationTRANSURBANMay 19, 2026

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Description

Transurban’s 95 Express concession was expanded to include the Fredericksburg Extension of the I‑95 Express Lanes, with roughly $69.7 million in construction costs under the existing P3 framework.

Contract Details

Contract Amount

~$69.7M construction cost

Vendor

TRANSURBAN

Agency

Virginia Department of Transportation, VA

Contract Type

TRANSPORTATION

Document Date

May 19, 2026

Renewal Info

Operates as an amendment/extension to the 95 Express multi-decade concession; specific renewal terms not stated.

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