Hochtief joint venture wins $236m North Carolina road contract

Flatiron, the US subsidiary of Hochtief, will work in a joint venture with local firm Fred Smith Company on a $236.5m road-widening contract in North Carolina.

Working on behalf of the North Carolina Department of Transportation (NCDOT), the joint venture will add two travel lanes in each direction on Interstate 95 between exits 71 and 81, bringing the total to eight lanes.

The work will take place in North Carolina’s Harnett and Johnston Counties on the state’s oldest stretch of I-95, which opened in the late 1950s.

The scope of work for the joint venture includes replacing two culverts with single-structure bridges to allow water to flow underneath the interstate, renovating interchanges to meet modern design standards and the realignment of service roads.

Work on the project is due to begin in late 2021 and be completed by 2026.

Image: North Carolina Welcome Centre on the I-95 (DanTD/CC BY-SA 3.0)

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