CONTRACTAPPROVED

Virginia Department of Transportation | Commonwealth of Virginia Awards Transportation Contract to NS (January 2021)

Virginia Department of Transportation | Commonwealth of Virginia
Disclosed value
$206.2M to NS for acquisition and capital grants; NS environmental cost share capped at $3.5M
From agreement
Approved
Jan 11, 2021

The 30-second brief

What it covers

Virginia Passenger Rail Authority approved a comprehensive agreement with Norfolk Southern to expand intercity passenger rail service to Roanoke and the New River Valley. The deal provides $206.2 million to NS for corridor acquisition and capital grants, establishes performance-based and minimum-use payments, and sets shared environmental remediation obligations over a five-year period.

Who holds it

NS holds this transportation contract with Virginia Department of Transportation | Commonwealth of Virginia. Its other public contracts on record include work for Town of Edenton and Virginia Passenger Rail Authority (VPRA).

What happens next

Term as filed: Cost sharing commitment for environmental remediation lasts 5 years; guaranteed minimum annual payments for five years; capital improvements over 10 years.

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Contract details

Contract type
Transportation
Amount
$206.2M to NS for acquisition and capital grants; NS environmental cost share capped at $3.5M
Document date
January 11, 2021
Term
Cost sharing commitment for environmental remediation lasts 5 years; guaranteed minimum annual payments for five years; capital improvements over 10 years
Vendor
NS
Source document
virginia_passenger_rail_authority_norfolk_southern.pdf (Agreement)

NS's other public contracts

More Virginia Department of Transportation | Commonwealth of Virginia contracts

Questions about this contract

Who was awarded the transportation contract by Virginia Department of Transportation | Commonwealth of Virginia?

NS was awarded this transportation contract by Virginia Department of Transportation | Commonwealth of Virginia, as recorded on January 11, 2021. The contract value is $206.2M to NS for acquisition and capital grants; NS environmental cost share capped at $3.5M.

How much is the NS contract with Virginia Department of Transportation | Commonwealth of Virginia worth?

The NS contract with Virginia Department of Transportation | Commonwealth of Virginia is valued at $206.2M to NS for acquisition and capital grants; NS environmental cost share capped at $3.5M, covering transportation work.

What type of contract is this?

This is a Transportation contract, documented as a agreement record.

Where was this contract approved?

This contract appears in virginia_passenger_rail_authority_norfolk_southern.pdf (Agreement), dated January 11, 2021 from Virginia Department of Transportation | Commonwealth of Virginia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does NS hold?

NS 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 Virginia Department of Transportation | Commonwealth of Virginia currently buying?

Explore Virginia Department of Transportation | Commonwealth of Virginia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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