Bid in for Denver rail line

25 February 2013 The Denver Regional Transportation District (RTD) has received an unsolicited proposal for its North Metro commuter rail line.

The proposal was submitted by a team led by Seattle-based construction firm Graham Contracting and is currently under assessment by the RTD.

Should the offer be accepted, the RTD will then release a request for proposals from competing firms later this year.

Financing for the project is, as yet, unconfirmed after the RTD’s announcement in January that it planned to build the project by refinancing some of the agency’s debt, issuing new sales tax bonds and using available local funds. However, following this latest proposal, P3 funding remains a possibility.

The North Metro project is an 18.4-mile electrified commuter rail line that will connect Denver and Adams County by serving Commerce City, Northglenn and Thornton and makes up part of the state’s wider Denver FasTracks scheme.

This page was last updated on:
1 May 2016.

thumb

Keeping positive

The troubles afflicting Edinburgh’s PPP schools should not detract from what the best examples of the model can offer

House of Funds

Michael Ryan formed Dalmore Capital just when the economy and the PPP pipeline was flatlining. He tells Amanda Nicholls how the fund manager has come out the other side

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...