The board of directors of Denver’s Regional Transportation District approved last month a public-private partnership consortium’s $2.085-billion proposal to build and operate 44 miles of new commuter rail, including a line serving Denver International Airport. Denver Transit Partners is sponsored by Fluor Enterprises Inc., a division of Irving, Tex.-based Fluor Corp., and Australia’s Macquarie Capital Group Ltd. They are joined by partners Ames Construction, Balfour Beatty Rail Inc., Alternate Concepts Inc. and HDR Inc. The proposal came in $300 million lower than RTD’s budget estimate of $2.4 billion for the Eagle P3 project. The bid also promises to open the
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.