Central 70 PPP project

16/1/2018
PPP

$ 1.2 billion

Announced

16/1/2018


Overview:

  • Central 70 PPP project.
  • Financing has closed for the reconstruction of Interstate 70 in Colorado.
  • The project covers a 10-mile section of I-70 and is expected to take five years. 
  • The section extends from the Denver metro area to parts of Colorado to the west. 
  • The concessionaire is the Colorado Department of Transportation (CDOT). 
  • Part of the financing was provided by the US Department of Transportation (USDOT). 
  • The project developer is a consortium formed by Kiewit and Meridiam called Kiewit Meridiam Partners. 

Jurisdiction:

United States

Deal type:

PPP

Practice areas:

Project finance
Project development

Governing law:

United States

Industry sector:

Transport


Firms:

Party: United States Department of Transportation (Lender)


Party: Colorado Department of Transportation (Concessionaire)