North Tarrant Express receives Infrastructure Journal's Transport Deal of the Year award
The North Tarrant Express was recently awarded the Infrastructure Journal Transport Deal of the Year, an award for transactions that made it to financial close in 2009.
According to the Infrastructure Journal, "the NTE deal marks the first time aUS
The NTE project - among other innovative financing features - is the first managed lanes project developed under a public-private partnership in theUS
The project demonstrates the importance of pension funds in infrastructure investment and the advantages of public-private partnerships, which allow governments to significantly leverage limited tax dollars to the greatest benefit of the local citizens – in this case, the partnership allows the state to create $2 billion in roadway benefits, nearly four times the state's actual investment. Other benefits include new job creation, greater roadway choices for drivers and better traffic flow relieving carbon footprint.
The NTE Mobility Partners team, the firm in charge of the project, is led by Cintra US and also includes Meridiam Infrastructure, the Dallas Police and Fire Pension System, and W.W. Webber, LLC.
Be sure to watch the TSRT video entitled "Texas Experience" which features the North Tarrant Express (NTE) and other transportation projects in the area that are underway after years of planning, and highlights public-private partnerships as a successful infrastructure funding option.
According to the Infrastructure Journal, "the NTE deal marks the first time a
The NTE project - among other innovative financing features - is the first managed lanes project developed under a public-private partnership in the
The project demonstrates the importance of pension funds in infrastructure investment and the advantages of public-private partnerships, which allow governments to significantly leverage limited tax dollars to the greatest benefit of the local citizens – in this case, the partnership allows the state to create $2 billion in roadway benefits, nearly four times the state's actual investment. Other benefits include new job creation, greater roadway choices for drivers and better traffic flow relieving carbon footprint.
The NTE Mobility Partners team, the firm in charge of the project, is led by Cintra US and also includes Meridiam Infrastructure, the Dallas Police and Fire Pension System, and W.W. Webber, LLC.
Be sure to watch the TSRT video entitled "
Posted by Emily at March 19, 2010 10:44 AM 
Categories: uncategorized
Tags: funding infrastructure transportation
Categories: uncategorized
Tags: funding infrastructure transportation
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