CDOT accepts Statements of Qualification from five teams for I-70 East P3 Project

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
CDOT accepts Statements of Qualification from five teams for I-70 East P3 Project

This article is part of a daily series of MegaProjects articles. If you want to know more about PPP projects with a considerable size visit our MegaProjects section. You can receive them by email on a daily basis.

The Colorado Department of Transportation (CDOT), the High Performance Transportation Enterprise (HPTE) and the Colorado Bridge Enterprise (CBE) have received statements of qualifications from five teams for the Interstate 70 (I-70) East P3 project.

The five bidding teams are the following:

  • Denver Mobility Partners: InfraRed (Equity Member), Star America (Equity Member), Fluor (Equity Member, Lead Contractor, Lead Operator), Ames (Lead Contractor), Granite (Lead Contractor), Parsons (Lead Engineer) and DBi Services (Lead Operator).

The next step is to select the most qualified firms, who will be asked to respond to a request for proposals (RFP). The first draft of the RFP will be issued in Fall 2015, with a goal of selecting a private partner at the end of 2016.

The 11-mile I-70 East project corridor extends through the eastern portion of the City and County of Denver.

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

In late February CDOT recommended developing the project through a P3. According to the I-70 East Value for Money analysis, the I-70 East project is not affordable under a design build model, but can be afforded under both the design, build, operation and maintenance DBOM and design, build, finance, operation and maintenance (DBFOM) models.

We have recently reported on several PPP projects in the USA:

List of country news

Country news

  • June 29, 2015

    LA seeks financial advisors for Downtown Streetcar Project

    The city of Los Angeles, through its Administrative Officer, has launched a request for proposals (RFP) for independent financial advisory services for the city's $260 million downtown streetcar project. Read more
  • June 30, 2015

    California seeks interest for potential high speed rail P3s

    California High-Speed Rail Authority (CHSRA) has launched a request for expressions of interest (RFEOI) for potential high speed rail public private partnership (P3) projects. Read more
  • June 30, 2015

    Cintra & Macquarie to sell Chicago Skyway

    Spanish firm Cintra and Australia's Macquarie have announced plans to sell their concession for the Chicago Skyway Bridge in the United States. Read more
  • July 01, 2015

    Maryland say YES to purple line P3 project

    Governor Larry Hogan has announced that the State of Maryland, USA, will move forward with the Light Rail (Purple Line) P3 project. Read more
  • July 06, 2015

    McAuliffe administration reaches an agreement to get $46 M back from US 460 Mobility Partners

    Under the terms of the agreement, US 460 Mobility Partners will return US$46 million in already-spent funds back to taxpayers and cancel an additional US$103 million claim which the company had filed under the contract. The total US$149 million swing is the result of months of negotiations between the McAuliffe administration and the company. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.