Operate–maintain concession for Chicago Skyway | Chicago Metropolitan Agency for Planning | SKYWAY CONCESSION COMPANY

Operate–maintain concession for Chicago Skyway

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.

Document date · December 1, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$1.83 billion upfront payment

Contract type

TRANSPORTATION

Contract term

99-year concession agreement (2005–2104)

Renewal date

2104-12-31

Renewal

Long-term concession with fixed 99-year term; renewal not indicated.

Document type

Report

Source document

Chicago Metropolitan Agency for Planning Policy Brief December 2025

Frequently asked questions

Common questions about this contract, answered from the record.

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.

What other contracts does Skyway Concession Company hold?

Skyway Concession Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Skyway Concession Company's profile

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