Ferrovial wins Texas highway contract valued at $1.5B

Source: VORTEX and google

Ferrovial Construction–Webber 99, a joint venture of Ferrovial and Webber, it was selected by the Texas Department of Transportation to design, build, and maintain the B-1 section of the SH 99 Grand Parkway Segment B-1 project southeast of Houston in a contract valued at ~$1.47B.

The project will cover nearly 15 miles and connect Brazoria and Galveston counties and marks a significant milestone in the continued expansion of the 184-mile Grand Parkway loop, the company said.

Segment B-1 will be delivered under a design-build contract with a capital maintenance term of up to 15 years and includes construction of four new tolled lanes operated by the Texas DoT, discontinuous frontage roads, direct connectors at SH 35 and the new SH 99, and operational upgrades to SH 35.

Segment B-1 will be delivered under a design-build contract with a capital maintenance term of up to 15 years and includes:

• Construction of four new tolled lanes operated by TxDOT
• Discontinuous frontage roads
• Direct connectors at SH 35 and the new SH 99
• Operational upgrades to SH 35

The project will relieve congestion, improve regional travel reliability, and support economic growth, while also enhancing emergency and hurricane evacuation capacity. Final contract execution is anticipated this summer, with substantial completion targeted for winter 2031–2032.

𝐅𝐞𝐫𝐫𝐨𝐯𝐢𝐚𝐥 & 𝐖𝐞𝐛𝐛𝐞𝐫

Ferrovial is a leading global infrastructure corporation that specializes in the design, construction, financing, and operation of transportation and energy networks. Headquartered in Amsterdam, the Netherlands, its core operations span highways, airports, construction, and sustainable energy. 

The company generates the vast majority of its value in North America, where it operates major toll roads, manages transit systems, and builds massive transport hubs. 

Key Business Divisions

• Highways: The company finances, constructs, and operates toll roads and managed lanes. Major assets include the 407 ETR in Toronto and numerous express lanes across Texas, Virginia, and North Carolina.
• Airports: The aviation division develops and operates airport infrastructure. A major project is the development of the New Terminal One at JFK International Airport in New York.
• Construction: The engineering and construction wing handles large-scale public and private infrastructure, including roads, bridges, and railways.
• Energy & Mobility: Focuses on the development, financing, and operation of renewable energy generation, storage, and sustainable transmission infrastructure. 

Corporate Overview & Key Stats

• Founded: December 1952 in Madrid, Spain.
• Headquarters: Amsterdam, Netherlands
• Global Workforce: Over 22,000 employees worldwide.

Founded in 1963, Webber, part of Ferrovial Construction, is a leading construction company that specializes in heavy civil, waterworks, energy and infrastructure management and is dedicated to safely providing intelligent solutions to its clients and community. Webber is headquartered in Houston, Texas, with offices and projects in the United States and Canada. Webber supports a wide range of project models to meet client needs, including traditional design bid build, design build, alternative delivery models and public private partnership (P3) solutions. Webber also has an in-house engineering services department to help optimize building efficiency and quality while solving complex project challenges using field experience, innovative construction methods and BIM technology. As a subsidiary of Ferrovial, Webber has access to a global network of skilled engineers, best-in-class technology and vast resources.