Colorado toll road project receives funding

Funding is being provided for the construction of new tolled lanes on a highway close to Denver, Colorado. The funding will be provided by the US Federal Government in the form of a loan worth US$109 million. In all the project will cost $276 million, with the state providing the majority of the remaining funding required. The funding will be used to widen a 20km section of the route connecting Wadsworth Boulevard with Interstate 25. The widening work is expected to be complete by 2019 and is intended to he
May 5, 2017 Read time: 1 min

Funding is being provided for the construction of new tolled lanes on a highway close to Denver, Colorado. The funding will be provided by the US Federal Government in the form of a loan worth US$109 million. In all the project will cost $276 million, with the state providing the majority of the remaining funding required. The funding will be used to widen a 20km section of the route connecting Wadsworth Boulevard with Interstate 25. The widening work is expected to be complete by 2019 and is intended to help reduce congestion at peak periods along the route.

Finance & Funding

Related Content

  • Brazilian authorities award tollroad package
    December 18, 2013
    The authorities in Brazil have awarded an important tollroad package for the BR-163 Federal Highway. This route runs through Brazil's mid-western state of Mato Grosso do Sul and the 30 year concession for the 847km of highway was won by tollroad firm CCR, according to Business News Americas. The concession package is worth some US$2.78 billion and was awarded on the basis of the low toll charges CCR will introduce on the route. The project requires widening the road along a 130km stretch within 12 months of
    Read More
  • Tunnel project of Chilean capital Santiago
    April 8, 2015
    Tunnel construction in Chilean capital Santiago will help cut chronic congestion – Mauro Nogarin & Mike Woof write. Chile’s capital Santiago is a thriving city having benefited from the country’s economy growing strongly in recent years. The massive copper mining sector has helped boost the country’s GDP significantly in the past few decades, also aided by the growing international reputation of Chile’s large wine industry. The steady economic growth has resulted in an equally steady growth in average incom
    Read More
  • Major Chinese road tenders are opening for bids
    October 26, 2023
    Major Chinese road project tenders are now opening for bids.
    Read More
  • Plans to extend highway 427 in Canada
    May 21, 2013
    Plans are in hand in Canada to extend Highway 427 by 6.6km. The final decision over the project has yet to be made by the Ontario Government. The work is expected to cost in the region of C$500 million (US$491 million) to carry out. The work is required as the highway carries a heavy traffic volume and the extension will help reduce congestion in the surrounding area. The work should commence in 2017 once the necessary approvals have been given and the construction would then require an estimated 36 months.
    Read More

Highlighted Content