North Carolina Turnpike Authority Annual Report Fiscal Year 2018
North Carolina Turnpike Authority Annual Report Fiscal Year 2018 3 Introduction The North Carolina Turnpike Authority (NCTA) hereby submits its Fiscal Year 2018 Annual Report and Annual Audit pursuant to North Carolina General Statute 136-89.193(b). The Fiscal Year 2018 Annual Report details the Turnpike Authority’s activities by project. The report is organized into the following sections based on the project’s development status: I Operational Projects 4 Triangle Expressway 5 II Projects Under Construction 11 Monroe Expressway 12 I-77 Express Lanes 14 III Projects Under Development 16 Complete 540 17 U.S. 74 Express Lanes 19 I-485 Express Lanes 21 Mid-Currituck Bridge 23 IV Projects Under Consideration 25 State Transportation Improvement Program 26 V Annual Audit 27 Financial Statements 28 Annual Report Fiscal Year 2018 4 Operational I Projects Annual Report Fiscal Year 2018 5 Triangle Expressway North Carolina’s first modern toll road, the Triangle Expressway, is a six-lane toll road that utilizes all-electronic tolling technology, while improving regional mobility and setting the stage for future tolling projects in North Carolina. The project has earned several major engineering awards, including: the American Council of Engineering Companies (ACEC) Grand Award for Engineering Excellence in Transportation, as well as the ACEC People’s Choice Award in 2012, the Southeastern Association of State Highway and Transportation Officials (SASHTO) Best Use of Innovation in the Southeastern Region Award in 2013, the American Concrete Pavement Association (ACPA) Gold Award for Excellence in Concrete Pavement in 2014 and the International Bridge, Tunnel and Turnpike Association (IBTTA) Toll Excellence Award, as well as the IBTTA President’s Award in 2016.
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