Two consortia have submitted bids for the Denver FasTracks Eagle P3 project. The project involves the design, build, finance, operation and maintenance of three rail lines and a railcar maintenance facility for the Regional Transport District (RTD) FasTracks Program.
The FasTracks Program is a multi-billion dollar expansion plan to build 122 miles of commuter and light rail, 18 miles of bus rapid transit, 21,000 parking spaces at light rail and bus stations, as well as improve the bus service for convenient bus/rail connections. The construction is expected to last five years, followed by a 40 year operation period.
Freshfields and Goldman Sachs provide legal and financial advice to the RTD.
Operis provided model due diligence services for the Mountain Air Transit Partners consortium, consisting of Siemens, HSBC Infrastructure, Veolia, Kiewit, Herzog, Stacy & Witbeck, HNTB, Mass. Electric Construction, Milbank, Citi and Merrill Lynch.
