Engineering News-Record (ENR) recently released the 50th Anniversary Edition of its “Top 400” Construction Contractors, and Ferrovial U.S. Construction Corp. made the list at number 39, up eight spots from its 2013 ranking. Additionally, Ferrovial U.S. Construction Corp., which includes Ferrovial Agroman US Corp. (FAUS) headquartered in Austin, Texas and Webber, LLC, based in Houston, was named the 6th largest transportation contractor in the U.S. market.
“We are honored to be included in these annual rankings”, said Ignacio Vivancos, North America Managing Director of FAUS. “Our position on these lists is a tribute to the scope of work and scale of projects we are now overseeing in the United States,” he added.
The annual Top 400 lists are based on contracting revenue. FAUS is currently managing construction on three major projects in the Dallas-Fort Worth Metroplex totaling more than $6 billion in infrastructure, including:
- LBJ Express, a $2.7 billion highway reconstruction project of a 13.3-mile corridor along Interstate 635 and Interstate 35-E in Dallas County
- North Tarrant Express, a $2.5 billion highway reconstruction project of a 13.5-mile corridor along Interstate 820 and SH 121/183 in Tarrant County
- Interstate 35W, a $1.4 billion highway reconstruction project along a 6.5-mile corridor in Tarrant County
Each of the projects will bring significant relief to commuters, businesses and residents who travel the corridors. “We are reconstructing major interstate highway corridors that are ranked among the top most-congested roadways in the state of Texas,” said Vivancos. “This will not only open up the highway corridors, but it will have a dramatic impact on economic development in these regions.”
PUBLIC-PRIVATE PARTNERSHIPS
All three projects are a result of innovative public-private partnerships, known as Comprehensive Development Agreements, between the project developer and the Texas Department of Transportation (TxDOT). This allows the state to leverage limited public resources with private investment, Public Activity Bonds, and federal loans to yield a multi-billion-dollar project.
Webber, LLC is participating in the DFW projects as a construction joint venture member. Tim Creson, President/CEO of Webber added, “We are proud to be recognized by ENR. This distinguishes our reputation of shaping the construction industry and demonstrates our design-build capabilities both in Texas and nationally.”
Each of the projects will have TEXpress lanes or managed tolled lanes that feature dynamic tolling to ensure drivers can maintain a consistent speed of 50 mph or greater. The TEXpress lanes along the LBJ Express, North Tarrant Express and Interstate 35W are among the first in the state of Texas and are part of a growing and extensive managed lane network in the North Texas region.
