tiprankstipranks

Iteris awarded contract to support MnDOT for MOT for I-494 project

Iteris announced it has been chosen by the Minnesota Department of Transportation MnDOT to provide performance-based maintenance of traffic MOT in support of the I-494 Improvement Project in the Minneapolis area. The $377M I-494 construction design-build project will be led by C.S. McCrossan Construction, Inc. and aims to improve the portion of I-494 that travels from East Bush Lake Road to 12th Avenue. New E-Z Pass HOV lanes will be installed in both directions, and multiple interchanges and accesses will be reconstructed or reconfigured. It will also include the construction of 12 new bridges, more than 30 retaining walls, new noise abatement walls and new drainage infrastructure. Iteris will be responsible for monitoring and managing the local arterial network throughout this project to ensure the major construction does not increase delays beyond what MnDOT and local agencies have mandated. The local arterial network will span through the cities of Bloomington, Richfield, Eden Prairie and Edina…Iteris will be responsible for monitoring and managing the local arterial network throughout this project to ensure the major construction does not increase delays beyond what MnDOT and local agencies have mandated. The local arterial network will span through the cities of Bloomington, Richfield, Eden Prairie and Edina.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on ITI:

Disclaimer & DisclosureReport an Issue