High-Performance Transportation Enterprise (HPTE) in Colorado, USA has launched a request for proposals seeking financial advisors for the I-70 Floyd Hill to Veterans Memorial Tunnels Project. The purpose of the I-70 Floyd Hill to Veterans Memorial Tunnels Project is to improve travel time reliability, safety, and mobility, and address the deficient infrastructure on westbound I-70 through the Floyd Hill area of the I-70 Mountain Corridor. The Project is located on I-70 between milepost (MP) 248 (just east of the Beaver Brook/Floyd Hill interchange) and Exit 241 (Idaho Springs/Colorado Boulevard, west of the Veterans Memorial Tunnels). It is located mostly within Clear Creek County, with the eastern end located within Jefferson County.

The authority is seeking a consultant to provide traffic and revenue services, financial advisory services, and public meeting facilitation. The scope of works includes the following tasks:

• Meeting facilitation with the CE subcommittee (three to four meetings);
• A pragmatic or lower cost Level 2 Traffic and Revenue Study on each option identified by the CE Subcommittee (and associated data collection);
• Corridor and Tolled Express Lane Network Traffic Modeling;
• Assisting the HPTE with applications to either the Interstate System Reconstruction and Rehabilitation Pilot Program or the Value Pricing Pilot Program (depends on results of the study);
• Assist the HPTE with applying for federal transportation grants like INFRA or BUILD (depends on the availability of such grants);
• Develop preliminary financial models to assess the viability of each funding option identified by the CE subcommittee, and based on different project delivery methods, i.e. DB, DBFOM, CM/GC;
• Aid in the development of stakeholder presentations.

The deadline to submit the response is December 06, 2019. The details of this RFP can be found on our business opportunity page here.