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RTD Receives Two Sound Proposals for I-225 Rail Project

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RTD Receives Two Sound Proposals for I-225 Rail Project

BALFOUR BEATTY AMES JOINT VENTURE AND KIEWIT INFRASTRUCTURE CO. COMPETE FOR CONTRACT

 

 

DENVER, June 14, 2012 – The Regional Transportation District (RTD) received two competitive proposals this afternoon for the I-225 Light Rail Project.

The competing teams are Balfour Beatty Ames Joint Venture, which includes Scotiabank Global Banking and Markets, Orrick, Herrington & Sutcliffe LLP, Bank of America Merrill Lynch Global Markets; and  Kiewit Infrastructure Co., which includes Mass. Electric Construction Co., AECOM, and RBC Capital Markets.

The teams submitted proposals today after a Request for Proposals (RFP) process. Kiewit first approached RTD earlier this spring with an unsolicited proposal. After reviewing the initial proposal, RTD staff determined it was consistent with the agency’s Unsolicited Proposals Policy and worthy of moving forward to a competitive procurement process. RTD will review the two proposals and make a recommendation of the most qualified bidder to the RTD Board at the FasTracks Monitoring Committee meeting July 3. The Board would take formal action on the contract award at the July 17 RTD Board meeting.

“Both teams have a successful history of constructing projects for RTD and other major rail projects throughout the country,” said RTD General Manager Phil Washington. “It is encouraging that the industry is responding to RTD’s call to implement innovation to complete FasTracks projects sooner rather than later.”

Over the past year, RTD has publicized the agency’s desire to seek out innovations to complete the
FasTracks program as soon as possible, enhance the RTD customer experience and reduce the cost of RTD operations. This was the premise behind RTD’s first industry forum called, Transformation Through Transportation, which was held Tuesday, Sept. 27, 2011.

Construction on the first segment of the I-225 line from Parker Road to Iliff began in May under a contract through a partnership with the Colorado Department of Transportation as CDOT constructs highway improvements in that area.

FasTracks is RTD’s voter-approved transit expansion program to build 122 miles of commuter rail and light rail, 18 miles of bus rapid transit service, add 21,000 new parking spaces, redevelop Denver Union Station and redirect bus service to better connect the eight-county District.

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