Award of $400,000.00 with the objective to facilitate and evaluate public-private partnerships in which the private sector partner could assume a greater role in project planning, development,…

This $400,000 Cooperative Agreement award from the U.S. Department of Transportation's (DOT) Immediate Office of the Secretary under the Asset Concessions and Innovative Finance Assistance program (CFDA 20.945) is intended to facilitate and evaluate public-private partnerships in which the private sector could assume a greater role in transportation infrastructure planning, development, financing, construction, maintenance, and operation. The primary activities to be performed under this award are conducting asset scans and developing plans for future innovative financing options to maximize public benefit through an assessment of Denver's Regional Transportation District (RTD) park-and-ride facilities. The expected outcomes are to provide an asset scans report and plans for future innovative financing options to benefit commuters in the Denver metropolitan area. The award has a performance period from January 15, 2025 to January 14, 2028.

Activities

Maximizing public benefit through an assessment of RTD park-n-rides.

Expected outcomes

Provide asset scans report and plans for future innovative financing options.

Intended beneficiaries

Commuters of denver