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| Fluor Transurban celebrates opening of new I-495 Express Lanes Fluor Corp announced that Capital Beltway Express LLC, a concession formed by Fluor and Transurban, has reached substantial completion for the new I-495 Express Lanes in Northern Virginia. Designed and built to relieve traffic congestion around the greater Washington, D.C. area, the four new high occupancy toll (HOT) lanes project was financed through an innovative public-private partnership between Fluor, Transurban and the Virginia Department of Transportation (VDOT). The early opening was celebrated with a ribbon cutting ceremony that was attended by numerous federal, state and local elected and appointed officials including Virginia Governor Bob McDonnell and Federal Highway Administrator Victor Mendez along with Fluor and Transurban representatives and members of the project team. The 495 Express Lanes project spans 14 miles of the Capital Beltway in northern Virginia just outside of the nation's capital. Completing the new lanes required the replacement of more than 57 bridges and upgrades to 12 key interchanges. The project began in 2007 when Fluor-Transurban signed a Comprehensive Development Agreement with VDOT to design, construct, finance, and operate the new Express Lanes system. After a series of public meetings and environmental studies, the project was approved, funded, and construction began in the summer of 2008. While completing the new Express Lanes, the Fluor-Lane design-build team reached a safety milestone in September 2012 by completing 5 million safe work hours without a lost time incident. The construction team achieved this success while working on an active highway on which more than 200,000 vehicles travel in and around the work zone each day. write your comments about the article :: © 2012 Construction News :: home page |