Tennessee Trades 50 Years of Tolls for $24.8 Billion

The (Almost) Daily Brief

Tennessee Trades 50 Years of Tolls for $24.8 Billion

By Megan Dayton · 9/8/2026


Today’s lead


ENG  The largest highway concession ever offered in the United States goes in front of the public today. The Tennessee Department of Transportation opens the first of two public meetings this afternoon in Nashville, with a second Wednesday in Smyrna, on the I-24 Southeast Choice Lanes. The state’s Transportation Modernization Board selected DriveTN on Aug. 20, a consortium of Cintra, Transurban, Tikehau Star Infrastructure, Ferrovial, Webber, and AECOM. The team would design, build, and operate two variably priced toll lanes in each direction between Nashville and Murfreesboro, with no general-purpose lanes removed. Construction is valued at $9.2 billion and runs eight years from a 2027 start, delivered in phases. In exchange for 50 years of tolling rights, DriveTN pledged a $24.8 billion concession fee, six times the previous U.S. record of $3.8 billion set on Georgia’s SR 400 express lanes. Tennessee takes $1.5 billion at financial close and the remainder during construction and across the operating term. Governor Bill Lee created a Strategic Transportation Accountability Council by executive order to oversee the proceeds, which the state may direct to other corridors. The Federal Highway Administration signed the finding of no significant impact on June 16. Tennessee is using one corridor’s toll revenue to capitalize work across its whole program, a week after the federal stopgap became law without the infrastructure law’s $36.8 billion in advance appropriations.

Sources: TDOT project page; Tennessee governor’s office, Aug. 19; The Bond Buyer, Aug. 20; Tennessee Lookout, Aug. 20

Items


POLICY  Canada’s counter-tariffs on C$27.6 billion of U.S. goods took effect at 12:01 this morning. The measures cover 600 tariff classifications as a dollar-for-dollar answer to U.S. duties imposed under Section 338 of the Tariff Act of 1930. Steel and aluminum move from 25 percent to 50 percent to match the U.S. rate, across 300 metals products and derivatives that include flat-rolled steel and aluminum bars. Sawn lumber, household steel and aluminum goods, appliances, and textiles draw 25 percent. Industrial handling equipment, agricultural machinery parts, and air conditioners draw 15 percent. Plaster board sits on the 50 percent line. Canada’s existing remission framework still governs duty-relief requests, and Ottawa paired the tariffs with a C$7.5 billion support package for affected workers and businesses.

Sources: Canada Department of Finance, Aug. 25; Blakes, Aug. 27; Manufacturing Dive, Aug. 26

ENG  A 510-mile trail system near Cloquet is open for comment through Oct. 1. The Sept. 1 EQB Monitor, Volume 50 Number 35, carries an environmental assessment worksheet from the Department of Natural Resources for the Twig Area Trail Riders system, which would put 510 miles of roadway and natural-surface alignments into seasonal motorized use across Carlton and Saint Louis counties. The same issue records two negative declarations. Le Sueur County found no environmental impact statement needed on Aug. 25 for the CSAH 15 reconstruction in Washington Township, a pavement and drainage project. Clay County Planning and Zoning reached the same finding on Aug. 18 for the Kennelly Section 36 sand and gravel mining expansion in Spring Prairie Township. The board also assigned Mendota Heights as responsible governmental unit on a citizen petition over its municipal campus building project.

Source: Minnesota Environmental Quality Board, EQB Monitor, Sept. 1

BIZ  Data-center work is separating the firms that can carry it from the ones that cannot. ENR reported Sept. 2 that equipment lead times and AI development cycles now set the calendar on the largest data-center projects, which is pushing owners and their teams toward earlier collaboration instead of new field technology. DPR Construction, BZI, Turner, and PCL are moving more scope offsite to cut field variability and make schedules predictable. Owners are asking for digital twins built for operations planning, not only for clash coordination during design. Large general contractors are forming joint ventures to spread people and equipment across simultaneous megaprojects. Smaller regional contractors are struggling to absorb the schedule risk and the billion-dollar scale, which ENR describes as a haves-and-have-nots split in the market. A Samsung Semiconductor executive quoted in the piece framed the urgency simply, saying a six-month lead in the AI race leaves competitors unable to catch up.

Source: Engineering News-Record, Sept. 2

FUNDING  Cities are standing up their own financing for resilience work as federal grants thin out. Smart Cities Dive reported Sept. 4 on how local and state governments are covering the gap. Massachusetts, which puts its resilience need at $90 billion to $130 billion through 2050, capitalized a Community Climate Bank with $50 million for low-interest loans on affordable-housing retrofits, and created a disaster response fund the state describes as one of the first revolving funds for resilience lending. Riverside, California ran 36 public events and collected 4,000 comments during climate planning, then used that engagement and its canopy mapping to win a state Transformative Communities grant covering 1,000 trees and solar on 100 homes. The reporting also notes the capacity problem underneath all of it. Under-resourced cities often lack the staff to assemble competitive grant applications, which is the same constraint that shapes which municipal clients can pursue this work at all.

Source: Smart Cities Dive, Sept. 4

BIZ  Caterpillar has partnered with a robotics startup to push autonomy across its equipment line. The Sept. 4 agreement pairs Caterpillar’s operational data with FieldAI’s robot foundation models, which are built to run across manufacturers rather than on one vendor’s platform. Caterpillar named autonomous inspection, jobsite and facility digital twins, and hazard identification as the first applications. The company introduced a line of intelligent excavators, loaders, and dozers at CES earlier this year. Chief technology officer Jaime Mineart framed the aim as combining human expertise with AI-powered machines. The inspection and digital-twin pieces are the ones closest to consulting scope, since both shift routine site documentation toward a data product an owner expects to keep.

Source: Construction Dive, Sept. 4

Entries are open for ACEC Minnesota’s 60th annual Engineering Excellence Awards, with winning projects advancing to the national ACEC competition and recognized at the Feb. 18, 2027 gala, and the four-session Emerging Leaders program for early-career staff runs this October and November. Sign up before spots fill!

The (Almost) Daily Brief publishes most weekdays: policy, funding, workforce, and industry news for Minnesota’s engineering firms, in a few minutes of reading. 

Browse past editions or subscribe →

Powered By GrowthZone