Zachry Construction Company
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zachryconstructioncorp.com
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50 Year Austin/Seguin Road Lease Awarded To Foreign Company
Started 2006-06-29Ended 2006-06-29
Zachry Construction and Cintra of Spain was awarded a lease to build a road from Austin to Sequin. Once built the road would have tolls placed on it. These tolls would apply for fifty years after the road was built, and would be collected and kept by the foreign company Cintra. The state of Texas would receive $1.3 billion from the lease which is a drop in the bucket to what will be raised in tolls.
Construction Company Gives Rick Perry Large Contributions (And Receives Contract)
The owner of Zachry Construction who was later awarded contracts to build the Trans-Texas Corridor was found giving large contributions to Rick Perry. Texas has no limit on money given to state candidates. Perry received two contributions totaling $35 thousand in his 2007 run. Not long after this Cintra and Zachry were awarded a $1.3 billion dollar contract - it appeared to be a no bid contract due to no data being produced on Texas DOT about any loosing bidders.