Final bids were submitted on April 14, 2014 for the State Highway 183 Managed Lanes project in Texas, USA.
The project involves the reconstruction of a 14 mile section of the SH-183 and will be funded by a combination of ongoing construction payments and deferred payments to be paid after the completion of construction, both provided by the Texas Department for Transportation.
Operis carried out a financial model audit of the bid model for the Airport Expressway Partners consortium, which includes Fluor and Balfour Beatty.