Chicago Metropolitan Agency for Planning Policy Brief December 2025
Operate–maintain concession for Chicago Skyway
Trusted by teams at
Description
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.
Contract Details
Contract Amount
$1.83 billion upfront payment
Vendor
SKYWAY CONCESSION COMPANY
Agency
Chicago Metropolitan Agency for Planning, IL
Contract Type
TRANSPORTATION
Document Date
December 1, 2025
Contract Term
99-year concession agreement (2005–2104)
Renewal Date
2104-12-31
Renewal Info
Long-term concession with fixed 99-year term; renewal not indicated.
More from SKYWAY CONCESSION COMPANY
Related Contracts
More from Chicago Metropolitan Agency for Planning
Chicago Metropolitan Agency for Planning Policy Brief December 2025
Chicago Metropolitan Agency for Planning Policy Brief December 2025
Chicago Metropolitan Agency for Planning Policy Brief December 2025
Chicago Metropolitan Agency for Planning Policy Brief December 2025
Chicago Metropolitan Agency for Planning Policy Brief December 2025
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.