to design and build a new 55-mile limited access highway that would parallel the existing Route 460. At the time, the cost of the public-private partnership project was put at US$1.396bn (拢945m). Project cost includes design, construction and toll collection set-up. Funding sources are as follows:A new state governor, Terry McAuliffe, had come into power last year.
鈥淭he Virginia Department of Transportation (VDOT), with the support of the McAuliffe administration, has provided a notice of termination to US 460 Mobility Partners for Route 460 construction,鈥� said transportation secretary Aubrey Layne. 鈥淭he Commonwealth has determined it is in the taxpayers鈥� best interest to terminate the contract. VDOT tried to work with the contractor to deliver the revised project in a cost effective manner. These efforts proved unsuccessful. The state will aggressively pursue all options available to do what is best for the public interest.鈥�
In February, The Commonwealth Transportation Board approved a new location for Route 460 corridor improvements.聽 VDOT and its federal partners identified that this alternative has the possibility of qualifying for a permit. The next step is to conduct public outreach on this alternative. 聽VDOY said that it had become apparent that the original alignment would not receive a permit from the US Army Corps of Engineers because of significant wetland impacts.
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