Colorado

E470 to end cash collection in July 2009, camera tolls to start Jan 1


E470 tollroad in the eastern part of Denver CO will become fully electronic and cease cash toll collection July 4 2009.They've coined the term 'Non Stop Tolling' for all-electronic toll collection. First stage of the process will be introduction of camera tolling brandnamed 'License Plate Toll' on Jan 1 2009 under which motorists without transponders will be allowed to whiz through the highspeed electronic toll lanes previously reserved to those with transponders.
1332 words  read more »

Northwest Parkway Colorado toll concession finalized with financial close


A statement embargoed for noon Monday Nov 19 says that the Northwest Parkway Public Highway Authority and Portugal based toll operator Brisa together with their Brazilian partner CCR have finalized a 99 year toll concession with financial close on the $603m lease concession.
520 words  read more »

NW Parkway financial close pushed off to Nov 19-21 in Denver


Steve Hogan exec director of the Northwest Parkway says they are shooting for a financial close with Brisa on their toll concession Nov 19, 20 or 21. He says the delays have been partly from Brisa, the signed-up concessionaire, and partly the mechanics of the defeasance process - lining up the details of how to pay off the existing debt.
365 words  read more »

E470 makes further move to banish signals - new $18m 'skiers ramp' opens


E470 Public Highway Authority (E470PHA) in Denver have opened a grand new 2.33km (7645ft) long direct connector being nicknamed the skiers' ramp because it takes northbound E470 tollroad motorists way up and over the complex roadway spaghetti to head westbound on I-70 up into the Rocky Mountains. Ramp H as it is named in the highway planners' jargon is 2 lanes plus shoulders with 493m (1616ft) of steel plate girder bridging in about ten spans, the rest embankment.
462 words  read more »

E470 in Colorado to study all electronic toll collection - cashless tolling


E470 may be the second established US toll system after Texas' NTTA to do away with cash toll collection. The board of the E470 Public Highway Authority (E470PHA) Sept 13 heard a proposal from staff for a move to all-electronic tolling (AET). Wilbur Smith Associates will produce a report by December.
2072 words  read more »

NW Parkway concession worth $603m, defeases troubled bonds, builds extension


The NW Parkway in the Denver area is going to a $603m concession or nearly 80 times toll revenues of $7.62m expected this financial year - a ratio of concession investment to current revenues almost twice that achieved on the Chicago Skyway and the Indiana Toll Road (about 40x). Concessionaires Brisa/CCS are clearly investing in a stretch of highway they expect to become part of a complete beltway around the Denver area.
989 words  read more »

NW Parkway CO concession to Brisa/CCR approved


Northwest Parkway Public Highway Authority's (NWPPPHA) board have approved the terms of a concession under which the Portugese/Brazilian toll operators Brisa/CCR will take over the business of the 2-year old tollroad on the northwest fringe of the Denver metro area.

Brisa must formally notify the Lisbon stock exchange where their shares are listed and CCR must notify the Bovespa or Brazilian stock exchange, Thursday morning local times.
98 words  read more »

Brisa/CCR selected as preferred concessionaire for NW Parkway CO


A joint venture of the largest toll operators in Portugal and Brazil has been selected as preferred concessionaire to take over the Northwest Parkway in Denver Colorado. The Brisa/CCR team comprises dominant toll operators in Portugal and Brazil.
507 words  read more »
Syndicate content