north carolina turnpike authority

A route has been selected for a Gaston East-West Connector, a tollroad planned on the western edge of the greater Charlotte NC area. This is an important step toward completing environmental and planning clearances. The road is also known as Garden Parkway.

North Carolina Turnpike Authority now envisage making their choice of tag/reader system mid-January, three months later than anticipated. Jim Eden chief operating officer says the procurement - formally "Electronic Toll Collection (ETC) Technology" - is the most difficult and far-reaching, and that they need time to get the decision right.

In a quite unexpected development E-ZPass technology giant Mark IV is teaming up with Kapsch, the European leader in electronic toll collection equipment in a joint proposal fo

North Carolina Turnpike Authority (NCTA) have financed their first tollroad, the Triangle Expressway, raising $1,010m. Last Friday they executed a federally supported TIFIA loan for $387m, while on Monday and Tuesday they sold $270m of toll revenue bonds and $353m of state appropriation revenue bonds.  The appropriations pledged bonds relate to 25m/yr committed from the state treasury for the project.

Fitch are rating North Carolina Turnpike Authority's Triangle Expressway bonds 'BBB-'. They include:

- $211m of Triangle Expressway (TE) current interest revenue bonds

- $84m of TE capital appreciation bonds

- $400m of TIFIA debt

North Carolina Turnpike Authority (NCTA) have issued a Request for Proposals (RFP) for an electronic toll collection (ETC) system with heavy emphasis on interoperabillity.

North Carolina Turnpike Authority (NCTA) signed a project development agreement today with an ACS-led group that gives them a right of first refusal on building the Outer Banks' Mid-Currituck bridge as a longterm toll concession. Environmental permitting is under way. The development group will bear the bulk of the costs of remaining project development including:

A group led by ACS Infrastructure has been scored highest by staff of North Carolina Turnpike Authority in an assessment of private sector proposals for a possible concession to develop the Mid-Currituck toll bridge in the Outer Banks of North Carolina.