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RCTC awards SR‑79 financing feasibility study to HNTB to seek $1 billion‑plus construction funding
Summary
RCTC selected HNTB to perform an Innovative Financing and Feasibility Study for State Route 79 Segment 3 and other segments, aiming to identify funding/financing options for a combined construction need of more than $1 billion.
Riverside County Transportation Commission staff recommended and the committee approved an award to HNTB Corporation to perform the State Route 79 Innovative Financing and Feasibility Study (SR‑79 IFFS), a two‑phase effort to identify funding and delivery options for SR‑79 segments.
“Before I discuss the SR‑79 IFFS, I wanted to provide an overview,” said Joy Edeles Yanez, the project manager for SR‑79, who told the committee the study will explore funding and financing pathways, design enhancements to improve grant competitiveness and…
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