Project Details

✔ Project has been published!

Results Chart for Delivery Method and Financing

Delivery Method

DBFOM All Private Finance
# of Projects: 1
100% of the Results

Background informationProject Created: February 27, 2013

Project Name: Northwest Parkway
Year in Operation: 2003
Sector: Transportation
Subsector: Transit, Roads
Status: In Operation
Type: Substantial Alteration of Existing Facility
Description: Acquired in 2007 by the concessionary, the Northwest Parkway is a 85mile, 75-mile per hour toll road that connects E-470 in the east, at I-25, which is north of 144th Ave, with U.S. 36 and State Highway 128 in Broomfield.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: Design-Build contract by the Highway Authority. Northwest Parkway LLC (the “Concessionaire”), a joint venture between Brisa Auto-Estradas S.A. (“Brisa”) and Companhia de Concessões Rodoviárias (“CCR,” and together with Brisa, the “Sponsors”), entered into a concession and lease agreement for the operation and maintenance of the Parkway.

Project Locations

Address:
City: Broomfield
State: Colorado
Country: United States of America

Address: Northwest Pkwy
City: Broomfield
State: Colorado
Country: United States of America

Address: Northwest Pkwy and 96th St.
City: Louisville
State: Colorado
Country: United States of America

Address: Northwest Pkwy and Interstate 25
City: Broomfield
State: Colorado
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Land: Turned over to Northwest Parkway LLC by Northwest Parkway PHA
Checkbox Checked Access to Land
Checkbox Checked Environmental Clearance

Souces of Project Support (Monetary)

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt

Checkbox Checked

From Producers as Equity

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independent checking engineer? Yes
Project Finance Method: All By Private Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
99
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: February 27, 2013
Project Value
Hard Cost
Hard & Soft Costs
Total
(none)
$200-500 Million US

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