Colo. DOT mulls public-private partnerships as future funding source

05/1/2013 | Fort Morgan Times (Colo.)

Public-private partnerships are being considered as a future source of funding for the Colorado Department of Transportation. "CDOT does not have the funding and the wherewithal to take care of all of the projects on its own," Region 5 Commissioner Kathy Gilliland said. "It's really a neat concept. Some exciting things are happening." One example is CDOT's partnership with Castle Rock Construction, which built a temporary concrete batch plant to supply 100,000 cubic yards of concrete for the state's Interstate 76 project, resulting in $300,000 in savings for the $40 million project.

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Fort Morgan Times (Colo.)

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