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Cofiroute USA
Cofiroute USA is a wholly owned subsidiary of Cofiroute, S.A (France) and is part of the VINCI Group, the world's leading concession 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, Granite Construction 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 (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 Cofir ...
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Vinci (construction)
Vinci (; corporately styled VINCI) is a French Concession (contract), concessions and construction company founded in 1899 as Société Générale d'Entreprises. Its head office is in Nanterre, in the western suburbs of Paris. Vinci is listed on Euronext's Paris stock exchange and is a member of the Euro Stoxx 50 index. History The company was founded by Alexandre Giros and Louis Loucheur as Société Générale d'Entreprises S.A. (SGE) in 1899. SGE was owned by Compagnie générale d'électricité (CGE), later Alcatel-Lucent, Alcatel, from 1966 until 1981, when Saint-Gobain acquired a majority stake. Companies acquired by SGE include Sogea (a civil engineering firm founded in 1878), bought in 1986, Campenon Bernard (a civil engineering and development firm founded in 1920), bought in 1988, and Norwest Holst (a British civil engineering firm founded in 1969 by the merger of Holst & Co, established in 1918, and Norwest Construction, established in 1923), bought in 1991. In 1988 ...
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OCTA
The Orange County Transportation Authority (OCTA) is the transportation planning commission for Orange County, California, in the Los Angeles metropolitan area. OCTA is responsible for funding and implementing transit and capital projects for the transportation system in the county, including freeway expansions, express lane management, bus and rail transit operation, and commuter rail funding and oversight. OCTA was founded in 1991 through the consolidation of seven separate transportation agencies by the California State Legislature and is governed by a 17-member Board of Directors with the Caltrans District Director serving in a non-voting capacity. The Transit Authority's administrative offices are located in Orange, California. History OCTA's predecessor agency, the Orange County Transit District, was created in August 1972 by a referendum of county voters. It originally started as Santa Ana Transit, a small transit agency with five bus routes operating in Orange Coun ...
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MnPass
E-ZPass Minnesota, formerly MnPass, is the brand name associated with a series of high occupancy toll lanes (HO/T lanes) and electronic toll collection (ETC) system in the Minneapolis-St. Paul Metropolitan Area of Minnesota. The lanes and the ETC system are owned by the Minnesota Department of Transportation (MnDOT) and fully compatible with the multi-state E-ZPass network. Solo drivers who are registered under the E-ZPass program and have a toll transponder are allowed to pay a toll to use the lanes during operating hours. Vehicles with two or more occupants, buses, and motorcycles may use the lanes for free without requiring a toll transponder. Transponders The primary device is a switchable tag. The switchable tag allows users to switch between HOV mode (where using the lanes is free) and solo mode (where users must pay the toll to use the lanes). The current transponder is a rebranded E-ZPass Flex tag which is also used in other states. A license plate tag is available f ...
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High Occupancy/toll And Express Toll Lanes
A high-occupancy toll lane (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 to demand. Unlike toll roads, drivers have an option to use general purpose lanes, on which a fee is not charged. Express toll lanes, which are less common, operate along similar lines, but do not exempt high-occupancy vehicles. History The HOT concept developed from high-occupancy vehicle lane (HOV) systems in order to increase use of the available capacity, as it was found that HOV lanes were underutilized compared to general purpose lanes. Most implementations are currently in the United States. The first practical implementation was California's formerly private toll 91 Express Lanes, in Orange County, California, in 1995, followed in 1996 by Interstate 15 in northern San Diego. According to the Texas A&M Transportation Institute, there ...
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Minneapolis
Minneapolis is a city in Hennepin County, Minnesota, United States, and its county seat. With a population of 429,954 as of the 2020 United States census, 2020 census, it is the state's List of cities in Minnesota, most populous city. Located in the state's center near the eastern border, it occupies both banks of the Upper Mississippi River and adjoins Saint Paul, Minnesota, Saint Paul, the state capital of Minnesota. Minneapolis, Saint Paul, and the surrounding area are collectively known as the Minneapolis–Saint Paul, Twin Cities, a metropolitan area with 3.69 million residents. Minneapolis is built on an artesian aquifer on flat terrain and is known for cold, snowy winters and hot, humid summers. Nicknamed the "City of Lakes", Minneapolis is abundant in water, with list of lakes in Minneapolis, thirteen lakes, wetlands, the Mississippi River, creeks, and waterfalls. The city's public park system is connected by the Grand Rounds National Scenic Byway. Dakota people orig ...
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HOV Lane
A high-occupancy vehicle lane (also known as an HOV lane, carpool lane, diamond lane, 2+ lane, and transit lane or T2 or T3 lanes) is a restricted traffic lane reserved for the exclusive use of vehicles with a driver and at least one passenger, including carpools, vanpools, and transit buses. These restrictions may be only imposed during peak travel times or may apply at all times. There are different types of lanes: temporary or permanent lanes with concrete barriers, two-directional or reversible lanes, and exclusive, concurrent, or contraflow lanes working in peak periods. The normal minimum occupancy level is two or three occupants. Many jurisdictions exempt other vehicles, including motorcycles, charter buses, emergency and law enforcement vehicles, low-emission and other green vehicles, and/or single-occupancy vehicles paying a toll. HOV lanes are normally introduced to increase average vehicle occupancy and persons traveling with the goal of reducing traffic congestio ...
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Interstate 394
Interstate 394 (I-394) is a short 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 for most of its route, US Highway 12 (US 12). It runs for from downtown Minneapolis to I-494 in the Minneapolis suburb of Minnetonka. At its western terminus, the roadway loses its Interstate designation but continues as US 12. I-394 serves as the most direct link for commuters and other drivers who are traveling between downtown Minneapolis and parts of the western Minneapolis–Saint Paul metropolitan area. I-394 maintains at least three lanes in each direction except under the Minnesota State Highway 100 (MN 100) interchange and also between I-94/ US 52 and its eastern terminus downtown. Route description I-394 begins on the western side of the Twin Cities in the suburb of Minnetonka, at its interchange with I-4 ...
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Raytheon
Raytheon is a business unit of RTX Corporation and is a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. Founded in 1922, it merged in 2020 with United Technologies Corporation to form Raytheon Technologies, which changed its name to RTX Corporation in July 2023. Raytheon was established in 1922, reincorporated in 1928, and adopted the Raytheon Company name in 1959. More than 90% of Raytheon's revenues were obtained from military contracts and, as of 2012, it was the fifth-largest military contractor in the world. , it was the third-largest defense contractor in the United States by defense revenue. It was the world's largest producer of guided missiles, and was involved in corporate and special-mission aircraft until early 2007. In 2018, the company had around 67,000 employees worldwide and annual revenues of about US$25.35 billion. Over the years, Raytheon shifted its headquarters ...
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California Department Of Transportation
The California Department of Transportation (Caltrans) is an Executive (government), executive department of the U.S. state of California. The department is part of the Government of California#State agencies, cabinet-level California State Transportation Agency (CalSTA). Caltrans is headquartered in Sacramento, California, Sacramento. Caltrans manages the state's State highways in California, highway system, which includes the California Freeway and Expressway System, supports public transportation systems throughout the state and provides funding and oversight for three state-supported Amtrak intercity rail routes (''Capitol Corridor'', ''Pacific Surfliner'' and ''San Joaquins'') which are collectively branded as ''Amtrak California''. In 2015, Caltrans released a new mission statement: "Provide a safe, sustainable, integrated and efficient transportation system to enhance California's economy and livability." History The earliest predecessor of Caltrans was the Bureau of ...
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Concession (contract)
A concession or concession agreement is a grant of rights, land, property, or facility by a government, local authority, corporation, individual or other legal entity. Public services such as water supply may be operated as a concession. In the case of a public service concession, a private company enters into an agreement with the government to have the exclusive right to operate, maintain and carry out investment in a public utility (such as a water privatisation) for a given number of years. Other forms of contracts between public and private entities, namely lease contract and management contract (in the water sector often called by the French term ''affermage''), are closely related but differ from a concession in the rights of the operator and its remuneration. A lease gives a company the right to operate and maintain a public utility, but investment remains the responsibility of the public. Under a management contract the operator will collect the revenue only on behalf ...
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California State Route 91
State Route 91 (SR 91, locally referred to as the 91) is a major east–west state highway in the U.S. state of California that serves several regions of the Greater Los Angeles urban area. A freeway throughout its entire length, it officially runs from Vermont Avenue in Gardena, just west of the junction with the Harbor Freeway ( Interstate 110, I-110), east to Riverside at the junction with the Pomona ( SR 60 west of SR 91) and Moreno Valley (SR 60 and I-215 east of SR 91) freeways. Though signs along the portion from Vermont Avenue west to Pacific Coast Highway (SR 1) in Hermosa Beach along Artesia Boulevard are still signed as SR 91, the California Department of Transportation (Caltrans) no longer controls this portion of the highway, as this segment was relinquished to local jurisdictions in 2003. SR 91 inherited its route number from the mostly decommissioned U.S. Route 91 (US 91), which passed through the Inland Empire ...
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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 heavy civil construction contractor and construction aggregate manufacturer, owning or leasing quarries in several Western states for extracting mostly sands, gravel, and crushed stone products. The company was under investigation from the SEC from 2019 to 2021 for misrepresenting revenue, and as a result paid fines to settle disputes with shareholders, and avoided delisting from the NYSE. Incorporated in 1922 and publicly traded since 1990, Granite Construction Company is composed of a construction materials division, and three construction operating divisions (California Group, Mountain Group and Central Group). Under each group are numerous regional offices, quarries, asphalt and concrete plants. Granite's California Group comprises f ...
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