Fluor Enterprises and its partner Transurban reached financial close on 31 July 2012 and entered into a Comprehensive Agreement with the Virginia Department of Transportation for the financing, design-build, operation and maintenance of approximately 29 miles of High Occupancy Toll (HOT) lanes along Interstate 95 in Stafford and Fairfax Counties in Northern Virginia. The $1bn project will expand and improve the existing High Occupancy Vehicle lanes in one of the most congested regional corridors in the United States.

Construction is scheduled to begin in August 2012 and be completed in late 2014. Fluor and Transurban formed 95 Express Lanes LLC as a special purpose vehicle for the 75-year concession.

Operis provided the financial model auditing services for Transurban and Fluor. Operis has worked together with Fluor and Transurban on the similar I-495 HOT Lanes project which closed in early 2008.

CONTACT US

Please get in touch with either of our regional offices.

https://www.operis.com/wp-content/uploads/2021/01/Erwan-Fournis-500x500.png
Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/05/Carmen-Wade-500x500.jpg
Carmen Wade
Financial Advisory, Head of North America

+1 647 243 3840

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/03/Jun-Tao-500x500.png
Jun Tao
Global Head of Model Audit & Financial Modelling

+44 207 562 0428

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/04/Mark-Southall-500x500.png
Mark Southall
Associate Director - Model Audit & Financial Modelling

+1 647 846 7384

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/05/Philip-Allen-500x500.jpg
Philip Allen
Head of Training [javascript protected email address]

Operis Europe

View Google Map
+44 207 562 0400
[javascript protected email address]

Operis North America

View Google Map
+1 647 846 7382
[javascript protected email address]

CONTACT US

Discuss your requirements with us

https://www.operis.com/wp-content/uploads/2021/01/Erwan-Fournis-500x500.png
Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

[javascript protected email address]
https://www.operis.com/wp-content/uploads/2021/03/Chirs-Aldred-500x500.png
Chris Aldred
Director

+44 207 562 0433

[javascript protected email address]
Name(Required)
Consent(Required)
This field is for validation purposes and should be left unchanged.