State transportation officials have chosen a team called Kiewit Meridiam Partners to do the estimated $1.2 billion reconstruction and expansion of I-70 across north Denver, between I-25 and Chambers Road.
Kiewit Meridiam Partners, dubbed KMP, is led by two separate companies: Kiewit Infrastructure Group Inc., part of the employee-owned construction company based in Omaha, Neb.; and the North American arm of Paris-based Meridiam, a global investor in infrastructure, for the $1.2 billion construction project.
The Kiewit Meridiam team beat out three other competing teams for the public-private partnership with the Colorado Department of Transportation. The agency’s 11 commissioners, who are appointed by the governor, must approve the contract for the Central 70 project.
The announcement ends two years of work CDOT has done with four competing teams of bidders.
“We have a team that’s outperformed in every area and that’s Kiewit Meridiam. That’s the team that we’re recommending,” CDOT Executive Director Shailen Bhatt told the Denver Business Journal Thursday morning.
Read more at the Denver Business Journal: http://bit.ly/2itlMyw