Operate–maintain concession for Chicago Skyway
Chicago Metropolitan Agency for PlanningMPO · Chicago, IL- Disclosed value
- $1.83 billion upfront payment
- From report
- Document date
- Dec 1, 2025
- Term
- 99-year concession agreement (2005–2104)
- Renews
- Free account
The 30-second brief
Under a 99-year concession agreement, Skyway Concession Company operates and maintains the Chicago Skyway toll bridge and collects toll revenues after paying the City of Chicago $1.83 billion upfront. The deal exemplifies an operate–maintain P3 structure with long-term private management of a public asset.
Skyway Concession Company holds this transportation contract with Chicago Metropolitan Agency for Planning.
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Contract details
- Contract type
- Transportation
- Amount
- $1.83 billion upfront payment
- Document date
- December 1, 2025
- Term
- 99-year concession agreement (2005–2104)
- Renews
- On record
- Vendor
- Skyway Concession Company
- Source document
- Chicago Metropolitan Agency for Planning Policy Brief December 2025 (Report)
More Chicago Metropolitan Agency for Planning contracts
Questions about this contract
Who was awarded the transportation contract by Chicago Metropolitan Agency for Planning?
Skyway Concession Company was awarded this transportation contract by Chicago Metropolitan Agency for Planning, as recorded on December 1, 2025. The contract value is $1.83 billion upfront payment.
How much is the Skyway Concession Company contract with Chicago Metropolitan Agency for Planning worth?
The Skyway Concession Company contract with Chicago Metropolitan Agency for Planning is valued at $1.83 billion upfront payment, covering transportation work.
What type of contract is this?
This is a Transportation contract, documented as a report record.
Where was this contract approved?
This contract appears in Chicago Metropolitan Agency for Planning Policy Brief December 2025 (Report), dated December 1, 2025 from Chicago Metropolitan Agency for Planning. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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