DOH AWARDS $74 MILLION FOR U.S. ROUTE 35
New contract is state’s first design-build project
Contact: Lara Ramsburg, (304) 558-2000
CHARLESTON, W.Va. – Gov. Joe Manchin and West Virginia Secretary of Transportation Paul Mattox today announced that the Division of Highways has awarded its first design-build contract to continue progress on the new U.S. Route 35. The $73.8 million contract was awarded to Kokosing Construction Co. Inc. of Columbus, Ohio, to construct a 6.28-mile stretch of Route 35 between state Route 34 and Hurricane Creek Rd. (County Route 19).
The contract is financed from part of the sale of $200 million of Grant Anticipation Revenue Vehicles, or GARVEE, bonds. GARVEE bonds are issued and sold based on future projections of federal-aid transportation funding. They allow states to begin work on projects for which they have not received funding but anticipate receiving in the future funding cycles.
“Through the innovative financing approach of GARVEEs, we have accelerated our progress along U.S. 35 using federal dollars now rather than later,” Manchin said. “The efficiencies gained by using the design-build method are what our Responsible Government Initiative is all about and I commend Secretary Mattox for his leadership.” U.S. Sen. Robert C. Byrd said this is another step toward safer, faster transportation in the Mountain State. “Because it is such a vital through route from Charleston to Cincinnati, Dayton and Columbus, Route 35 has particular significance in terms of commerce.
Improvement projects like this are absolutely vital to building an infrastructure that can ensure sustainable, long-term economic growth in West Virginia.”Design-build is a project delivery method that combines two, usually separate services into a single contract. With design-build procurements, the Division of Highways executes a single, fixed-fee contract for both engineering services and construction.
“This design-build delivery method has been more prevalent in private sector work but is gaining more acceptance among public sector transportation agencies,” Mattox said. “This is the first design-build project the Division of Highways has awarded, and combining what would normally be two contracts into one will help us continue progress on a route this administration has made a priority.” Work will begin in May and should be completed by April 2009.
New contract is state’s first design-build project
Contact: Lara Ramsburg, (304) 558-2000
CHARLESTON, W.Va. – Gov. Joe Manchin and West Virginia Secretary of Transportation Paul Mattox today announced that the Division of Highways has awarded its first design-build contract to continue progress on the new U.S. Route 35. The $73.8 million contract was awarded to Kokosing Construction Co. Inc. of Columbus, Ohio, to construct a 6.28-mile stretch of Route 35 between state Route 34 and Hurricane Creek Rd. (County Route 19).
The contract is financed from part of the sale of $200 million of Grant Anticipation Revenue Vehicles, or GARVEE, bonds. GARVEE bonds are issued and sold based on future projections of federal-aid transportation funding. They allow states to begin work on projects for which they have not received funding but anticipate receiving in the future funding cycles.
“Through the innovative financing approach of GARVEEs, we have accelerated our progress along U.S. 35 using federal dollars now rather than later,” Manchin said. “The efficiencies gained by using the design-build method are what our Responsible Government Initiative is all about and I commend Secretary Mattox for his leadership.” U.S. Sen. Robert C. Byrd said this is another step toward safer, faster transportation in the Mountain State. “Because it is such a vital through route from Charleston to Cincinnati, Dayton and Columbus, Route 35 has particular significance in terms of commerce.
Improvement projects like this are absolutely vital to building an infrastructure that can ensure sustainable, long-term economic growth in West Virginia.”Design-build is a project delivery method that combines two, usually separate services into a single contract. With design-build procurements, the Division of Highways executes a single, fixed-fee contract for both engineering services and construction.
“This design-build delivery method has been more prevalent in private sector work but is gaining more acceptance among public sector transportation agencies,” Mattox said. “This is the first design-build project the Division of Highways has awarded, and combining what would normally be two contracts into one will help us continue progress on a route this administration has made a priority.” Work will begin in May and should be completed by April 2009.
Labels: Infrastructure in Kanawha and Putnum County, New Highways Near Charleston
posted by Charleston West Virginia Economic Development
@ 6:46 PM
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