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Investors - OCTOBER 27, 2017

VA authority approves $410m high-rise bridge addition

by Andrea Waitrovich

Virginia's Commonwealth Transportation Board on Tuesday awarded the contract for a $410 million addition to the I-64 High Rise Bridge, the largest design-build contract in Virginia Department of Transportation history.

Granite/Parsons/Corman, Joint Venture of Tarrytown, N.Y., won the contract, which also covers the widening of I-64 from four to six lanes, and the addition of one High Occupancy Toll lane in each direction.

The project is part of a statewide effort to relieve congestion on its highways and bridges. It is being funded by the Hampton Roads Transportation Accountability Commission and Virginia's SMART SCALE program.

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