INDIANAPOLIS (AP): An Indiana board favors a Dutch-led team to build and privately operate a section of the Interstate 69 extension between Bloomington and Martinsville.

The Indiana Department of Transportation announced Wednesday that the board of the Indiana Finance Authority has preliminarily selected a team called I-69 Development Partners and led by Isolux Infrastructure Netherlands B.V. for the $325 million, 21-mile Section 5 of the extension.

INDOT says the IFA Board will make a final determination on the contractor in early March. That selection is subject to review by the Indiana Budget Committee before Gov. Mike Pence makes the final decision.

The contractor chosen will design, build, finance, operate and maintain the section that generally follow the current Indiana 37 corridor from south of Bloomington to the southern edge of Martinsville.