The High-Performance Transportation Enterprise (HPTE), a part of the Colorado Department of Transportation (CDOT), recently approved a new Unsolicited Proposal Policy, to stir new revenue-generating ideas for transportation improvements in-state.
The policy lays out the types of unsolicited proposals HPTE currently desires, as well as the requirements for submission and the larger procurement process. These consist of three main steps: a threshold review which consists of a complete submission complying with confidentiality procedures and including a Conceptual Proposal Evaluation Fee, a Phase One conceptual proposal with high-level project information, and a Phase Two detailed proposal that more comprehensively defines technical and financial information.
“This new Unsolicited Proposal Policy streamlines and simplifies the process to develop the best revenue-generating proposals the private sector has to offer, with the goal of providing much-needed transportation improvements,” HPTE Director Nick Farber said. “The policy is the result of six months of work and reflects the feedback we received from the public-private partnership industry, the Federal Highway Administration, and CDOT. We are looking forward to seeing what new ideas the industry has that would benefit the state’s transportation system.”
New projects are expected to include Express Lanes, transit, biking, walking, and carpooling.