Denver Transit Partners (DTP) was selected in 2010 by the Regional Transportation District (RTD) to design, build, finance, operate and maintain the Eagle P3 Project, which includes the University of Colorado A Line connecting Denver Union Station and Denver International Airport, the B Line connecting Union Station to Westminster Station, and the G Line, between Union Station and Wheat Ridge, passing through northwest Denver, Adams County and Arvada.
DTP is a joint venture that includes leading construction, financing and transportation companies: Alternate Concepts, Inc (ACI), Ames, Aberdeen Assets, Balfour Beatty, Fluor, Hyundai-Rotem and John Laing. The consortium was created specifically for RTD’s Eagle P3 Project.
A Public-Private Partnership – more commonly known as a P3 – is a contractual agreement between a public agency, in this case RTD, and a private sector entity. Through this agreement, the skill and assets of each sector (public and private) are shared in delivering a service or facility for the use of the general public. P3s generally allow governments to fund large public developments without burdening taxpayers.