Denver Transit Partners Selected for $2B FasTracks Project
In June the Regional Transportation District�s Board of Directors voted unanimously to award its single-largest FasTracks contract, a public-private partnership known as Eagle P3, to the Denver Transit Partners consortium. The group will design, build, operate and maintain the commuter rail lines to Denver International Airport, Arvada-Wheat Ridge and south Westminster for the next 40 years.
Denver Transit Partners� proposal came in at $2.085 billion�$300 million lower than RTD�s estimate of $2.385 billion. The proposal also included opening the central line between Denver and DIA by January 2016, 11 months ahead of RTD�s deadline. RTD staff rated Denver Transit Partners� proposal higher on technical grounds than that of its sole competing bidder.