The HPTE operates as a government-owned business within the CDOT.
According to its web site HPTE, was formed to aggressively pursue innovative means of more efficiently financing important surface transportation infrastructure projects that will improve the safety, capacity, and accessibility of the surface transportation system, can feasibly be commenced in a reasonable amount of time, will allow more efficient movement of people, goods, and information throughout the state, and will accelerate the economic recovery of the state.
The director will oversee, among others, public private partnership (P3) projects. He/She will works with public and private organizations, interest groups, and elected and appointed officials. The future director will provide education about and fosters support for such partnerships.
Interested parties must submit their applications on or before 28 August 2015. The HPTE director job position is currently posted at https://www.colorado.gov/dhr/jobs.
This announcement comes after HPTE announced that its director, Michael Cheroutes will transition to a new role as the director of the Colorado Center for Infrastructure Investment (CC2I). Cheroutes will begin his transition in October, and will continue to serve in a temporary part-time role to assist with the I-70 East Project procurement. At that time CDOT Executive Director Shailen Bhatt stated:
"We are fortunate Mike chose to share his talents with the HPTE as the Director. The US 36 Express Lanes are a national example of how leveraging a public-private partnership can deliver innovative critical multi-modal transportation systems that allow our economy to keep moving and growing. He set the stage for the HPTE to help continue to support CDOT's quest to become the best DOT in the country."