CONTRACTAPPROVED

North Central Texas COG Awards Construction Contract to CINTRA (July 2020)

North Central Texas COG logoNorth Central Texas COG
Disclosed value
$3,000,000 financial backstop; anticipated $1.3 billion private-sector funding
From agenda
Approved
Jul 9, 2020

The 30-second brief

What it covers

The Regional Transportation Council approved a $3 million financial backstop to enable Cintra to commence engineering on the next phase of the North Tarrant Express/SH 183 project. The agreement anticipates roughly $1.3 billion in private-sector investment for capacity and lane balance improvements near DFW Airport, with the backstop expected to be repaid once TxDOT formally advances the project.

Who holds it

CINTRA holds this construction contract with North Central Texas COG. Its other public contracts on record include work for Pennsylvania Department of Transportation | Transportation Board Meetings and Pennsylvania DOT (P3 Transportation Board Meetings).

What happens next

Term as filed: Approximately 3-6 months for backstop prior to TxDOT formal design request.

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Contract details

Contract type
Construction
Amount
$3,000,000 financial backstop; anticipated $1.3 billion private-sector funding
Document date
July 9, 2020
Term
Approximately 3-6 months for backstop prior to TxDOT formal design request
Vendor
CINTRA
Source document
north-central-texas-cog-agenda-2020-07-09_402.pdf (Agenda)

CINTRA's other public contracts

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Questions about this contract

Who was awarded the construction contract by North Central Texas COG?

CINTRA was awarded this construction contract by North Central Texas COG, as recorded on July 9, 2020. The contract value is $3,000,000 financial backstop; anticipated $1.3 billion private-sector funding.

How much is the CINTRA contract with North Central Texas COG worth?

The CINTRA contract with North Central Texas COG is valued at $3,000,000 financial backstop; anticipated $1.3 billion private-sector funding, 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 north-central-texas-cog-agenda-2020-07-09_402.pdf (Agenda), dated July 9, 2020 from North Central Texas COG. 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 North Central Texas COG currently buying?

Explore North Central Texas COG's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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