Cofiroute USA
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Cofiroute USA
Cofiroute USA is a wholly owned subsidiary of Cofiroute, S.A (France) and is part of the Vinci (construction), VINCI Group, the world’s leading Concession (contract), concession and construction group. Company history In 1989, the California Legislature Assembly Bill 680, permitting a limited number of toll facilities to be developed using public-private partnerships. The ''California Private Transportation Company'' (CPTC) - consisting of Kiewit, Granite Construction and Cofiroute - was formed to finance, develop and operate the California State Route 91, 91 Express Lanes. CPTC entered into a 35-year franchise agreement with the California Department of Transportation (Caltrans) for that purpose. The 91 Express Lanes, the first all electronic toll facility in the world, proved to be extremely successful. However, for various business reasons CPTC decided to sell its franchise rights to the 91 Express Lanes to OCTA in 2002. Cofiroute remained as the 91 Express Lanes’ operato ...
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Vinci (construction)
Vinci (corporately styled VINCI) is a French concessions and construction company founded in 1899 as Société Générale d'Enterprises. Its head office is in Nanterre, in the western suburbs of Paris. Vinci is listed on Euronext's Paris stock exchange and is a member of the Euro Stoxx 50 index. History The company was founded by Alexandre Giros and Louis Loucheur as Société Générale d’Entreprises S.A. (SGE) in 1899. SGE was owned by Compagnie générale d'électricité (CGE), now Alcatel, from 1966 until 1981, when Saint-Gobain acquired a majority stake. Companies acquired by SGE include Sogea (a civil engineering firm founded in 1878), bought in 1986, Campenon Bernard (a civil engineering and development firm founded in 1920), bought in 1988, and Norwest Holst (a British civil engineering firm founded in 1969 by the merger of Holst & Co, established in 1918, and Norwest Construction, established in 1923), bought in 1991. In 1988, SGE was acquired by Compagnie génér ...
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OCTA
The Orange County Transportation Authority (OCTA) is the transportation planning commission for Orange County, California in the Los Angeles metropolitan area. OCTA is responsible for funding and implementing transit and capital projects for the transportation system for the travel needs, including freeway improvements, express lane management, bus and rail transit operation, and commuter rail oversight. OCTA was founded in 1991 through the consolidation of seven separate transportation agencies and is governed by a 17-member Board of Directors with the Caltrans District Director serving in a non-voting capacity. The Authority's administrative offices are located in the City of Orange. History OCTA's predecessor agency, the Orange County Transit District, was created in August 1972 by a referendum of county voters. It originally started as Santa Ana Transit, a small transit agency with five bus routes operating in Orange County. Santa Ana Transit later merged with other, smal ...
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MnPass
E-ZPass Minnesota, formerly MnPass (Pronounced "Minn pass") is the brand name associated with a series of high occupancy toll lanes (HO/T lanes) in the Minneapolis-St. Paul Metropolitan Area of Minnesota and is also associated with the electronic toll collection (ETC) system used for those HO/T lanes. The lanes and the ETC system are owned by the Minnesota Department of Transportation (MnDOT) and fully compatible with the multi-state E-ZPass network. Solo drivers who are registered under the E-ZPass program and have a toll transponder are allowed to pay a toll to use the lanes during operating hours. Vehicles with two or more occupants, buses, and motorcycles may use the lanes for free without requiring a toll transponder. Transponders The primary device is a switchable tag. The switchable tag allows users to switch between HOV mode (where using the lanes is free) and solo mode (where users must pay the toll to use the lanes). The current transponder is a rebranded E-ZPass ...
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High Occupancy/toll And Express Toll Lanes
A high-occupancy toll lane (or HOT lane) is a type of traffic lane or roadway that is available to high-occupancy vehicles and other exempt vehicles without charge; other vehicles are required to pay a variable fee that is adjusted in response to demand. Unlike toll roads, drivers have an option to use general purpose lanes, on which a fee is not charged. Express toll lanes, which are less common, operate along similar lines, but do not exempt high-occupancy vehicles. History The HOT concept developed from high-occupancy vehicle lane (HOV) systems in order to increase use of the available capacity, as it was found that HOV lanes were underutilized compared to general purpose lanes. Most implementations are currently in the United States. The first practical implementation was California's formerly private toll 91 Express Lanes, in Orange County, California, in 1995, followed in 1996 by Interstate 15 in northern San Diego. According to the Texas A&M Transportation Institute, th ...
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Minneapolis
Minneapolis () is the largest city in Minnesota, United States, and the county seat of Hennepin County. The city is abundant in water, with thirteen lakes, wetlands, the Mississippi River, creeks and waterfalls. Minneapolis has its origins in timber and as the flour milling capital of the world. It occupies both banks of the Mississippi River and adjoins Saint Paul, the state capital of Minnesota. Prior to European settlement, the site of Minneapolis was inhabited by Dakota people. The settlement was founded along Saint Anthony Falls on a section of land north of Fort Snelling; its growth is attributed to its proximity to the fort and the falls providing power for industrial activity. , the city has an estimated 425,336 inhabitants. It is the most populous city in the state and the 46th-most-populous city in the United States. Minneapolis, Saint Paul and the surrounding area are collectively known as the Twin Cities. Minneapolis has one of the most extensive public par ...
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HOV Lane
A high-occupancy vehicle lane (also known as an HOV lane, carpool lane, diamond lane, 2+ lane, and transit lane or T2 or T3 lanes) is a restricted traffic lane reserved for the exclusive use of vehicles with a driver and one or more passengers, including carpools, vanpools, and transit buses. These restrictions may be only imposed during peak travel times or may apply at all times. According to the criteria used there are different types of lanes: temporary or permanent with concrete barriers; two-directional or reversible; and exclusive, concurrent or contraflow lanes working in peak periods. The normal minimum occupancy level is 2 or 3 occupants. Many jurisdictions exempt other vehicles, including motorcycles, charter buses, emergency and law enforcement vehicles, low-emission and other green vehicles, and/or single-occupancy vehicles paying a toll. HOV lanes are normally introduced to increase average vehicle occupancy and persons traveling with the goal of reducing traffic c ...
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Interstate 394
Interstate 394 (I-394) is a small east–west auxiliary Interstate Highway in Hennepin County in the US state of Minnesota. It is also commonly referred to by its pre-1991 name, Wayzata Boulevard, and by its other designation, US Highway 12 (US 12). It runs for from downtown Minneapolis to I-494 in the Minneapolis suburb of Minnetonka. At its western terminus, the roadway loses its Interstate designation but continues as US 12. I-394 serves as the most direct link for commuters and other drivers who are traveling between downtown Minneapolis and parts of the western Minneapolis–Saint Paul metropolitan area. I-394 maintains at least three lanes in each direction except under the Minnesota State Highway 100 (MN 100) interchange and also between I-94/ US 52 and its eastern terminus downtown. Route description I-394 begins on the western side of the Twin Cities in the suburb of Minnetonka, at its interchange with I-494 (exit 19). From ther ...
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Raytheon
Raytheon Technologies Corporation is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization. In addition, it is one of the largest providers of intelligence services. Raytheon Technologies manufactures aircraft engines, avionics, aerostructures, cybersecurity, guided missiles, air defense systems, satellites, and drones. The company is also a large military contractor, getting a significant portion of its revenue from the U.S. government. The company is the result of the merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company, which was completed on April 3, 2020. Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation. UTC is the nominal survivor of the merger but it changed its name to Raytheon Technologies ...
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California Department Of Transportation
The California Department of Transportation (Caltrans) is an executive department of the U.S. state of California. The department is part of the cabinet-level California State Transportation Agency (CalSTA). Caltrans is headquartered in Sacramento. Caltrans manages the state's highway system, which includes the California Freeway and Expressway System, supports public transportation systems throughout the state and provides funding and oversight for three state-supported Amtrak intercity rail routes (''Capitol Corridor'', ''Pacific Surfliner'' and ''San Joaquins'') which are collectively branded as ''Amtrak California''. In 2015, Caltrans released a new mission statement: "Provide a safe, sustainable, integrated and efficient transportation system to enhance California’s economy and livability." History The earliest predecessor of Caltrans was the Bureau of Highways, which was created by the California Legislature and signed into law by Governor James Budd in 1895.Raymon ...
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Concession (contract)
A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. Public services such as water supply may be operated as a concession. In the case of a public service concession, a private company enters into an agreement with the government to have the exclusive right to operate, maintain and carry out investment in a public utility (such as a water privatisation) for a given number of years. Other forms of contracts between public and private entities, namely lease contract and management contract (in the water sector often called by the French term ''affermage''), are closely related but differ from a concession in the rights of the operator and its remuneration. A lease gives a company the right to operate and maintain a public utility, but investment remains the responsibility of the public. Under a management contract the operator will collect the revenue only on behalf of the govern ...
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California State Route 91
State Route 91 (SR 91) is a major east–west state highway in the U.S. state of California that serves several regions of the Greater Los Angeles urban area. A freeway throughout its entire length, it officially runs from Vermont Avenue in Gardena, just west of the junction with the Harbor Freeway ( Interstate 110, I-110), east to Riverside at the junction with the Pomona ( SR 60 west of SR 91) and Moreno Valley (SR 60 and I-215 east of SR 91) freeways. Though signs along the portion from Vermont Avenue west to Pacific Coast Highway (SR 1) in Hermosa Beach along Artesia Boulevard are still signed as SR 91, the California Department of Transportation (Caltrans) no longer controls this portion of the highway, as this segment was relinquished to local jurisdictions in 2003. SR 91 inherited its route number from the mostly decommissioned U.S. Route 91 (US 91), which passed through the Inland Empire in a northeasterly direction on ...
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Granite Construction
Granite Construction Inc. is a civil construction company and aggregate producer, a member of the S&P 600 Index based and founded in Watsonville, California , and is the parent corporation of Granite Construction Company. The company is both a heavy civil construction contractor and construction aggregate manufacturer, owning or leasing quarries in several Western states for extracting mostly sands, gravel, and crushed stone products. Most of Granite's operations exist within the state of California, with some attention given to operations outside of where the company was founded. Incorporated in 1922 and publicly traded since 1990, Granite Construction Company is composed of a construction materials division, and two construction operating divisions (California Group, and Central Group). Under each group are numerous regional offices, quarries, asphalt and concrete plants. Granite's California Group comprises five regions, based on geographically limited areas within the s ...
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