The Colorado Department of Transportation (CDOT) has launched the first part of the request for proposals (RFP) for the Interstate 70 (I-70) East P3 project in USA.
The section released Tuesday is the first part of the RFP, which CDOT is calling "the Instructions to Proposers."
CDOT said the remainder of the RFP will be released September 29.
CDOT plans to select the preferred bidder in fall 2016. A total of four teams are competing for the road PPP project:
The 11-mile I-70 East project corridor extends through the eastern portion of the City and County of Denver. The project will be developed on a design, build, finance, operation and maintenance (DBFOM) basis. It includes among others, widening I-70 between I-25 and I-225, adding toll lanes to the existing free lanes and removing the 50-year-old viaduct between Brighton and Colorado boulevards.
The total project investment is estimated at US$1.17 billion.
The purpose of the project is to implement a transportation solution that improves safety, access and mobility. The need for the project results from the following issues: increased transportation demand, limited transportation capacity, safety concerns; and transportation infrastructure deficiencies.