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| Fluor team chosen for Eagle Project in Denver Fluor Corp (NYSE: FLR) announced that Denver Transit Partners (DTP), a team jointly led by Fluor and Macquarie Capital Group Ltd (Macquarie Capital), was chosen as the preferred bidder by the Regional Transportation District (RTD) in Denver, Colorado, to design, build, operate, maintain and finance the Eagle P3 commuter rail project (Eagle Project) in the Denver metropolitan area. Fluor will book the project into backlog when the contract is signed and all financing has been secured, which is expected to be before the end of 2010. The Eagle Project is part of RTD's FasTracks Plan, a 12-year, multi-billion dollar transit expansion program to build and operate new commuter and light rail services and expand transportation offerings throughout the eight-county area. Fluor's roles on the project include a 50 percent share of the engineering, procurement and construction contract; a 33 percent share in the operations & maintenance contract as well as a 10 percent equity share in the concession's special purpose vehicle that will raise the financing to fund the project. Led by Fluor and Macquarie Capital, the DTP team includes a world-class group of transit industry experts including Balfour Beatty Rail, Ames Construction, Hyundai-Rotem USA (Hyundai), Alternative Concepts, Inc. (ACI), Fluor/HDR Global Design Consultants, PBS&J, Parsons Brinckerhoff, Interfleet Technology, Systra, Wabtec and many others. write your comments about the article :: © 2010 Construction News :: home page |