C+S August 2021 Vol. 7 Issue 8 (web)

Moneme believes P3s, “bring together the best” in terms of government/ public and private capabilities. This is in reference to the mobility af- forded by such partnerships, giving commuters choice and reliability to get to their destination quicker and help alleviate congestion in grow- ing cities. The Express Lanes in Virginia are the most technologically advanced in the United States; they are monitored by nearly 20,000 data points which are collected through technological features such as: microwave vehicle detection systems, dynamic messaging signs, lane use control systems, and tolling gantries. Each of these data points is monitored at Transurban’s command center in Alexandria. P3s are also capable of being powerful tools to respond to evolving public policy objectives of the government. According to Moneme, “Concession agreements in Virginia have been able to deliver the first carpooling incentive on the busy Capital Beltway encircling Washington, D.C., have provided reliable year-over-year funding for transit investments, and have provided flexibility in revenue shar - ing opportunities that contributed funding towards Virginia’s win for Amazon HQ2”. In addition to their capacity to deliver innovative funding, mobility, and policy solutions, Transurban operates under a commitment to the communities in which it operates. This begins with the belief that it has a corporate responsibility to elevate industry practices beyond conforming to baseline laws and regulations, by generating sustainable benefits at a local and global scale. Their sustainability commitment aligns with the United Nations Sustainable Development Goals, which are founded on four pillars: people, planet, places, and partnerships.

LUKE CAROTHERS is the Editor for Civil + Structural Engineer Media. If you want us to cover your project or want to feature your own article, he can be reached at lcarothers@zweiggroup.com.

November 1–12, 2021