# Tennessee Approves $24.8B I-24 Choice Lane P3

Tennessee has authorized a landmark **$24.8 billion** public-private partnership (P3) concession for the I-24 Southeast Choice Lane project under the 2023 Transportation Modernization Act. Led by the DriveTN consortium as the prime contractor, this initiative represents the largest P3 in the United States and will commence construction in 2029. The project includes managed toll lanes, extensive roadway reconstruction, and bridge work along the I-24 corridor near Nashville, Tennessee. It also involves potential displacement of residents and businesses, highlighting the scale and community impact of the undertaking. This project sets a precedent for future transportation infrastructure expansions across Tennessee, with additional Choice Lane projects planned on other interstate corridors.

- **Why this matters:** Procurement professionals should note the scale and complexity of this P3, which signals significant opportunities for contractors specializing in large-scale transportation infrastructure, tolling systems, and bridge construction.
- The involvement of the Tennessee Department of Transportation and the Transportation Modernization Board indicates strong state-level support and oversight, important for compliance and partnership considerations.
- Companies should prepare for the 2029 construction start and evaluate participation opportunities within the DriveTN consortium or as subcontractors.
- The project’s community impact underscores the need for stakeholder engagement and risk management strategies related to potential displacement and regulatory approvals.

**Jurisdictions:** sled
**Industries:** Transportation, Construction & Infrastructure
**Topics:** Physical Infrastructure
**Published:** September 28, 2026

### Government Entities
- Tennessee Department of Transportation (TDOT)
- Tennessee General Assembly
- Transportation Modernization Board

### Vendors
- DriveTN consortium (prime contractor)

### Sources
- [Tennessee Leads The Way In Largest Public-Private Partnership In Choice Lane Project That Will Force Tennesseans From Their Homes | Tennessee Conservative](https://tennesseeconservativenews.com/tennessee-leads-the-way-in-largest-public-private-partnership-in-choice-lane-project-that-will-force-tennesseans-from-their-homes) - Tennessee Conservative