Five teams respond to Jefferson Parkway P3 RFQ

07 December 2018 - 12:00 am UTC

The Jefferson Parkway Public Highway Authority (JPPHA) received five responses to a request for qualifications (RFQ) for the Jefferson Parkway P3 project, Inframation has learned.

The RFQ was released 10 September and responses were returned 6 December.

Bill Ray, executive director of the JPPHA, told Inframation that the board will consider shortlisting three teams at a 20 December meeting. He said the name of responding teams will remain private until the evaluation process is complete.

As reported, the final RFP is expected to be released August 2019 and a preferred bidder selected September 2019. The agency is targeting to reach financial close as soon as November 2019.

The RFQ solicits a private partner to design, build, finance, operate and maintain the Jefferson Parkway, the last unbuilt segment of the metro Denver beltway, as previously reported.

Jefferson Parkway is expected to be a 9.2-mile long, four-lane limited access toll highway extending from SH 128 on the north end to SH 93 on the south end.

The grantor is seeking to build the project without relying on federal funds or local subsidies by using a P3. The new highway will create travel efficiency through the metro area, especially in the northwest sector, according to the document.

 

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