CTIO Annual Report 2025
KMP Operates Central 70 Under 30-Year Availability Payment P3
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Description
Kiewit Meridiam Partners maintain and operate Central 70 for CTIO under a 30-year availability payment P3, following project completion in summer 2023.
Contract Details
Vendor
KIEWIT MERIDIAM PARTNERS (KMP)
Agency
Division of Transportation Development, CO
Contract Type
CONSTRUCTION
Document Date
January 15, 2026
Contract Term
30 years (2023–2053, O&M phase)
Renewal Date
2053-06-30
Renewal Info
Contract runs through 2053. Oversight by CTIO and CDOT, with potential for amendments if specifications or performance metrics change.
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