Transportation, United States
Miami-Dade Expressway Authority Awards Traffic and Revenue Consulting Contract to CDM Smith
September 29, 2016
MIAMI, Florida—CDM Smith is proud to announce that the Miami-Dade Expressway Authority (MDX), which operates and maintains five all-electronic toll roads in Florida, has awarded CDM Smith a traffic and revenue consulting contract for $2.5 million over 5 years. CDM Smith will provide data collection and analysis, traffic and revenue forecasting, revenue review and analysis, impact analysis, alternative toll rate structures evaluation, cost analysis, trust indenture compliance, annual reporting and project planning to MDX as assigned.
We look forward to leveraging our knowledge of MDX’s expressway system and working with their staff and engineering consultants to identify and develop innovative ways to solve congestion while bearing in mind potential expansions and regional mobility needs.
Like most of America’s transportation agencies, MDX faces many strategic challenges related to congestion and capacity in the coming years. The recent expansion of the Panama Canal will drive additional goods through the Port of Miami. This increased freight movement requires first-in-class planning to prevent adverse traffic affects. Finding innovative ways to help MDX counteract congestion as capacity expansion becomes increasingly difficult is a top priority for CDM Smith. Our team will help the authority adapt to and consider other emerging industry trends, including autonomous vehicle technology, ridesharing and environmental responsibility.
On the importance of this award and continuing to support MDX, CDM Smith project manager Paul Marcella said, “We appreciate the confidence MDX has placed in CDM Smith through this re-selection. We look forward to leveraging our knowledge of MDX’s expressway system and working with their staff and engineering consultants to identify and develop innovative ways to solve congestion while bearing in mind potential expansions and regional mobility needs.”
CDM Smith brings more than 60 years of experience implementing innovative, cost-effective solutions and is recognized for specialized consulting services to the tolling and transportation pricing industry. With this award, CDM Smith is eager to continue its strong relationship with MDX and help the authority maintain efficient mobility for its users.
CDM Smith provides lasting and integrated solutions in water, environment, transportation, energy and facilities to public and private clients worldwide. As a full-service engineering and construction firm, we deliver exceptional client service, quality results and enduring value across the entire project lifecycle.