A Fluor–Balfour Beatty Infrastructure joint venture has secured a potential five-year, $1.7B contract from the Texas Department of Transportation to expand the Dallas Interstate 635 freeway as part of effort to increase mobility and reduce traffic congestion.
The Fluor-led team intends to employ management personnel and 500 craft workers to support the widening and reconstruction of the LBJ Freeway, an 11-mile stretch of the I-635, as well as the construction of general purpose lanes and frontage roads, the company said Thursday.
Fluor expects to post the contract value in its third-quarter earnings report. The deal includes an option for post-construction maintenance services.
Terence Easton, president of Fluor“™s infrastructure and power business, said the company has supported TxDOT projects over the past 18 years and is committed to building its presence in the state’s infrastructure market.
I-635 spans the northern and eastern parts of Dallas and accommodates more than 200K vehicles on a daily basis.