Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBOM Partially Public Finance
# of Projects: 1
100% of the Results

Background informationProject Created: August 17, 2017

Project Name: Denver Int'l Airport Great Hall Project
Year in Operation:
Sector: Transportation
Subsector: Airport, Transportation Terminal
Status: Design / Construction
Type: Substantial Alteration of Existing Facility
Description: Renovation of the Jeppesen (main) Terminal at Denver International Airport, including 34-year concession (which includes 4 year construction period for terminal renovations) to operate and maintain the airport facilities. The Great Hall project includes an extensive upgrade to the main terminal 700,000 sq ft of floor space, and will creat new shopping and foodservice areas, relocate and expand the TSA screening areas, improve building access and pasenger flow, develop new check-in areas, and optimize space and efficiency in the main terminal..
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments:

Project Locations

Address: 7900 Pena Blvd
City: Denver
State: Colorado
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: Great Hall Partners will operate and maintain the terminal. Final agreement is not yet reached.
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): Final agreement is yet to be reached. Great Hall Partners, the DBFOM contractor will receive a percentage (20%+/-) of concession revenues within the terminal.
Checkbox Checked Environmental Clearance

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers

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Checkbox Checked

Direct Cash Support: The Airport will pay the DBFOM contractor an annual payment of $30 Million (+/-) over years 5 through 34. Final details not agreed. The costs of design and construction in the first four years of the contract, when the Great Hall will be renovated, will be shared between the airport and the contractor. Final details are not yet agreed.

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Checkbox Checked

Credit Enhancements: Not yet agreed.

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: Great Hall Partners is expected to also incur debt to finance its initial contributions to the Great Hall Project.

Checkbox Checked

From Producers as Equity: Great Hall Partners will make an equity contribution.

Project Delivery & Finance Method

Project Delivery:
Design Build Operate Maintain (Partially Public Finance). Public Sponsor contracts for initial design, construction, and for long term operations and maintenance with a single entity. At the end of the term, Public Sponsor regains control of the facility.
Is there an independant checking engineer? No
Project Finance Method: All or Partially By Public Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals
Design Build Operate and Maintain

Term for Key Components & Forms of Contract

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

Project Value (If and As Known)

Date of Estimated Project Value: August 16, 2017
Project Value
Hard Cost
Hard & Soft Costs
Pre-Feasibility (Public Sponsor Expense)
(none)
> $50 Million US
Construction
$250 Million - 1 Billion US
$250 Million - 1 Billion US
Operations & Maintenance
$500 Million - 2 Billion US
$500 Million - 2 Billion US
Total
$500 Million - 2 Billion US
$500 Million - 2 Billion US

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