Cofiroute USA is a wholly owned subsidiary of Cofiroute, S.A (France) and is part of the
VINCI
Vinci may refer to:
Places
*Vinci, Tuscany, a ''comune'' in the Province of Florence, Italy
*Vinci (Golubac), a community in Braničevo District, Serbia
People
* Alessandro Vinci (born 1987), Italian footballer
*Alessio Vinci (born 1968), Itali ...
Group, the world’s leading
concession
Concession may refer to:
General
* Concession (contract) (sometimes called a concession agreement), a contractual right to carry on a certain kind of business or activity in an area, such as to explore or develop its natural resources or to opera ...
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
{{Infobox settlement
, official_name = Kiewit
, other_name =
, native_name =
, nickname =
, settlement_type = Village
, motto =
, image_skyline = Hasselt - Sint-La ...
,
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 ...
and Cofiroute - was formed to finance, develop and operate the
91 Express Lanes. CPTC entered into a 35-year franchise agreement with the
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 Sacrame ...
(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’ operator under contract with OCTA.
The decision was then made to expand Cofiroute's North American business and, in January 2003, Cofiroute USA was formed as a wholly owned subsidiary of Cofiroute, S.A. Later that year, Cofiroute USA joined a consortium consisting of Wilbur Smith Associates,
Raytheon, SRF Consulting and Frank Wilson & Associates to bid on the
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& ...
HOV Lane conversion in
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 ...
. The team was awarded the contract in December 2003 and the first conversion of a High Occupancy Vehicle (HOV) Lane to a
High Occupancy Toll
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 t ...
(HOT) facility was completed and opened in May 2005.
Network
Cofiroute USA develops and operates toll collection systems, roadway operations, customer relationship management and integrated technology solutions for toll facilities in the United States. Cofiroute USA serves as the operator of the 91 Express Lanes and is also a member of the consortium that was awarded the
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 electron ...
Program contract.
Tolls
*Texas Toll 183A
*Texas Toll 71
*Texas Toll 290
*Texas Toll 45
*Texas Toll 1
External links
*
Cofiroute, S.A (France) Wikipedia Article91 Express LanesMnPassInternational Bridge, Tunnel and Turnpike Association IBTTACofiroute USA Official website
References
{{DEFAULTSORT:Cofiroute Usa
Transportation in California