Deals this week: Chesapeake Bay Bridge Tunnel, TomTom, OC Jones and Sons
The US Department of Transportation (DOT) intends to provide a $338.5m loan through its Build America Bureau for the construction of a new parallel tunnel to the Chesapeake Bay Bridge Tunnel (CBBT) at the Thimble Shoal Channel in Virginia, US.
The parallel tunnel, which will become operational in 2023, is a 5,700ft bored tunnel connecting two southbound trestles of CBBT. It will also receive funding through senior bonds, loan from the Virginia Transportation Infrastructure Bank and other district general funds.
Navigation and mapping products manufacturer, TomTom (TOM2), has announced collaboration with traffic management communication hub provider, Elgin, to help drivers and traffic management professionals by providing real-time traffic information.
With the help of its navigation systems and mobile applications, TOM2 receives information of current vehicle speeds and locations and the same will be combined with road works data from Elgin providing the drivers and highway authorities a comprehensive view of traffic situation, enabling them to take decisions in real-time.
OC Jones and Sons has received a $27.2m contract from the Metropolitan Transportation Commission's (MTC) Bay Area Toll Authority Oversight Committee for the Richmond-San Rafael Bridge Improvement Project in the US.
Further, a $5.6m contingency fund has also been approved for any changes in the project work.
The contractual scope includes construction of a third eastbound lane on Interstate 580 and a barrier-separated bicycle / pedestrian adjacent to westbound Interstate 580.