TX130

Texas Department of Transportation (TxDOT) is about to sign its first toll concession agreement - for a Cintra-Zachry joint venture to build an additional 65km (40mi) of TX130 between southeast Austin and I-10 at Seguin at a cost of $1.3b. The draft concession agreed between TxDOT and Cintra-Zachry goes to the Texas Transportation Commission tomorrow (June 29) for formal approval. The text is not publicly available now but should be by Friday, a TxDOT official told us.