Lane, the US subsidiary of Italy’s Webuild Group, has been declared the apparent low bidder for a US$176 million toll road contract in central Texas, US.
The company will work on the Phase III extension of the 183A tollway project in Williamson County, adding two tolled-mainlanes 6.6m (10.6km) in each direction from Hero Way to North of SH 29, and construct a shared use path from Hero Way to Seward Junction South. The extension also involves building 17 bridges.
In the recent ICON top 200 – a ranking of the world’s biggest contractors by sales revenue – Webuild were ranked in the top 70.
Scheduled to finish in October 2024, the project is being commissioned by the Central Texas Regional Mobility Authority to manage projected congestion amid high population growth in the greater Austin metropolitan area.
Based on current trends, the authority expects the area’s population to grow by more than 270% in the next 20 years.
Webuild said the win consolidates its presence in North America, its biggest market by revenue, and one in which the company is working on numerous projects, such as the development of a high-speed railway between Dallas and Houston.