The losing bidder in a multi-billion-dollar project to add toll lanes to Interstate 24 between Nashville and Murfreesboro has filed suit seeking to force Tennessee transportation officials to hand over the winning bidder’s contract and payment records. 24 Choice Lane Partners, a private consortium that made the short list for the project before ultimately losing […]

An international bank downgraded the stock for Spanish construction firm Ferrovial, a key player in the DriveTN group that won the bid for Tennessee’s I-24 toll lane project, citing “higher risks” associated with a promised payment to the state that dwarfed competitors’ efforts to win the job. Switzerland-based UBS lowered the company’s stock to “neutral” […]