CTIO 2023 Annual Report
50-Year Express Lanes P3 Awarded to Plenary Roads Denver
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Description
CTIO awarded a 50-year public-private partnership contract to Plenary Roads Denver (PRD) for the design, build, finance, operation, and maintenance of the US 36 and I-25 Central Express Lanes. The arrangement includes operation of toll lanes and ongoing maintenance through 2063.
Contract Details
Vendor
PLENARY ROADS DENVER
Agency
Division of Transportation Development, CO
Contract Type
CONSTRUCTION
Document Date
January 15, 2024
Contract Term
2013–2063 (50 years)
Renewal Date
2063-12-31
Renewal Info
Initial term is 50 years (2013-2063) with monitoring and contract oversight by CTIO; no optional renewals specified in document.
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