United Bridge Partners in long-term Houbolt DBFOM deal
Chicago Metropolitan Agency for PlanningMPO · Chicago, IL- Disclosed value
- $150–$170 million private equity (of $190 million total project cost)
- From report
- Document date
- Dec 1, 2025
- Renews
- Free account
The 30-second brief
United Bridge Partners, alongside CenterPoint Properties Trust, entered a 99-year DBFOM concession to finance, design, build, operate, and maintain the $190 million Houbolt Road Bridge near Joliet, recovering its investment via toll revenues. The city retains ownership while the private partners manage operations and lifecycle maintenance.
United Bridge Partners holds this transportation contract with Chicago Metropolitan Agency for Planning. Its other public contracts on record include work for City of Chesapeake and Will County.
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Contract details
- Contract type
- Transportation
- Amount
- $150–$170 million private equity (of $190 million total project cost)
- Document date
- December 1, 2025
- Term
- 99-year DBFOM concession period (commencing at operations, circa 2023)
- Renews
- On record
- Vendor
- United Bridge Partners
- 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?
United Bridge Partners was awarded this transportation contract by Chicago Metropolitan Agency for Planning, as recorded on December 1, 2025. The contract value is $150–$170 million private equity (of $190 million total project cost).
How much is the United Bridge Partners contract with Chicago Metropolitan Agency for Planning worth?
The United Bridge Partners contract with Chicago Metropolitan Agency for Planning is valued at $150–$170 million private equity (of $190 million total project cost), 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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What other contracts does United Bridge Partners hold?
United Bridge Partners may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Chicago Metropolitan Agency for Planning currently buying?
Explore Chicago Metropolitan Agency for Planning's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.