The Colorado Dept. of Transportation has selected the Kiewit Meridiam Partners (KMP) to lead a public-private partnership that will design, build and finance a reconstruction of Interstate 70 through Denver.
The Olympia Odos project—largest of the five concessionaires with an original contract of more than $2 billion, now restructured in a reduced scope to $1.4 billion—comes with its share of Olympic-sized challenges.
While Olympia Odos is the largest single concessionaire project of the five, Greece’s Gek Terna and Spain’s ACS and Ferrovial are the key players in two of the others—Nea Odos and Kentriki Odos, totalling over $2 billion.
ODOT’s largest project ever, and its first P3, are nearing completion as the state looks at a 35-year maintenance period for its P3 partner before the road is handed back.
