Final bids were submitted on March 1, 2013 for the US-36 Managed Lanes Project. The winning bidder, expected to be announced in the spring, is expected to design, build and finance the second phase of US-36 road, as well as operate and maintain the managed lanes from phase 1 and the I-25 Express Lanes.
Operis completed an audit on behalf of the US 36 Development Partners consortium, comprising Isolux Corsán, Terracare Associates, Atkins, Bank of Tokyo-Mitsubishi UFJ, and THB Advisory. The procuring authority is HPTE, part of the Colorado Department of Transport. Financial close is expected to occur in October 2013.
Further information on Operis:
Operis is a leading advisor in project and infrastructure finance, renowned for its financial modelling and model auditing expertise and financial structuring advice. The firm has been mandated by the leading investment banks, infrastructure funds, bond arrangers and guarantor bodies around the world. This experience covers over 700 projects and other funded transactions worldwide.
Contact:
Paul Myers – Managing Director
+44 (0)20 7562 0400