Proj participation

The Florida Department of Transportation (FDOT) Master Agreement ASG37 is an Indefinite Delivery Vehicle (IDV) focused on transportation infrastructure development, specifically centered on the widening and reconstruction of State Road 82 (Immokalee Road) in Lee County. The project involves transforming an existing two-lane undivided rural roadway into a six-lane divided high-speed urban highway, spanning 2.949 miles from east of Shawnee Road to just east of Alabama Road. Key infrastructure improvements include constructing three 12-foot wide travel lanes in each direction, a raised 30-foot wide grassed median, Type E curb and gutter, concrete sidewalks, buffered bicycle lanes, and comprehensive stormwater system enhancements.

The IDV was awarded to TIERRA, INC. by the Florida Department of Transportation, with an initial award date of March 19, 2019, and a completion date of October 1, 2025. The contract is structured as a State Infrastructure Bank (SIB) Loan Agreement with a total loan amount of $24,935,361.90, disbursed across fiscal years 2019-2021, and carrying a 0% interest rate. The contract covers the state of Florida and is designed to be repaid through District Dedicated Revenue and Statewide Inter/Intrastate Highway Funds, with scheduled repayments occurring in fiscal years 2021/22 through 2023/24.