Although all businesses across the country have experienced some uncertainty over the last few months, there appears to be light at the end of the tunnel. For construction companies focused on transportation projects, there are some lucrative opportunities to take advantage of during a forecasted economic downturn. We recently covered how the Florida Department of Transportation (FDOT) is accelerating critical infrastructure projects. Broward County is home to several highway projects valued at over $100 million dollars.
Although the projects we will cover in this article are active, there may be subcontractor opportunities still available for your business. Plus, there will be many more projects like these in the coming years as America begins to refocus on improving its national infrastructure. In this brief article, a Broward contractor attorney will discuss three Broward County transportation projects with estimated construction costs exceeding $100 million each. For bid assistance or contract negotiation services, consult the construction attorneys at Cotney Construction Law.
95 Express Phase 3C, I-95 from south of Hollywood Boulevard to south of Broward Boulevard
With an estimated construction cost of $457 million, this project started last summer and should be completed by 2025. Some of the main features of this project will include adding an express lane in each direction across nine miles of highway on I-95 and adding northbound and southbound entrances and exits serving Sheridan Street. The project will also feature additional auxiliary lanes along I-595. To learn more about this project, feel free to visit the FDOT’s website.
95 Express Phase 3A-1 from south of Broward Boulevard to north of Commercial Boulevard
Valued at $149 million, this project began back in 2015 and should end in 2021. Project improvements include extending express lanes north across 6.7 miles of highway real estate on I-95. The project also includes adding a lane and converting a High Occupancy Vehicle (HOV) lane to two express lanes going each direction. To learn more about this project, read more on the FDOT’s website.
95 Express Phase 3B-1 from south of SW 10th Street to south of Glades Road
Valued at $102 million, this project broke ground in 2018 and is forecasted to be completed by 2022. The project will extend High Occupancy Toll lanes across 4.7 miles of highways on I-95 and convert HOV lanes to two express lanes going in each direction. There are a variety of other project improvements from adding guardrails to barrier walls and drainage initiatives. You can read more about this project here.
FDOT Broward County currently has 42 active projects listed on their website. From restoring old highways to lighting improvement projects and safety objectives, there are a variety of transportation initiatives underway and many more in the works. For assistance with all your transportation projects’ legal needs, consult our Broward contractor attorneys.
Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.