IBT of Miami wins $5M contract for FDOT project

Updated Dec 18, 2018

Construction Site

IBT – a global construction company headquartered in Miami – has been awarded a $5 million contract with the Florida Department of Transportation (FDOT) for a road improvement project that includes addressing a dangerous intersection.

The project on State Road 64 at the intersection of Rye Road includes:

  • multi-lane roundabout construction
  • milling and resurfacing, drainage improvements
  • lighting and signing
  • landscaping improvements
  • intelligent transportation system relocation
  • utility work

“State Road 64 is becoming the next major highway in this area, and we believe the roundabouts are the best solution to slow traffic at this intersection – which is considered to be dangerous by the local residents,” says Daniel Toledano, managing director and chief operating officer of IBT of Miami.

“The maintenance of traffic will be a major focus for the IBT team in order to grant safety to nearby residents during the construction period.”

The company broke ground on the 13-month project in November. Near the ongoing State Road 45 construction in Sarasota, the project will employ 25 local workers at its peak during construction.