Houston Public MediaApr 2, 2024

TxDOT is just eight years into its contract with the company to operate toll lanes on Highway 288. To extricate itself from the deal, TxDOT agreed to a proposal to buy it back for $1.7 billion.

https://www.houstonpublicmedia.org/articles/news/transportation/2024/04/02/482346/txdot-contract-highway-288-toll-lanes-private-company/

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TxDOT moves to end contract with private company that operated toll lanes along Highway 288

The contract was for 50 years, but they were only eight years into the contract before ending it.

Houston Public Media