Rising construction costs and lower-than-projected sales-tax revenues have the The Regional Transportation District (RTD) in Denver seeking federal support for a plan to contract with private firms to finance, design, build, operate and maintain as many as four commuter rail lines. The north metro, northwest, Gold and DIA rail lines will cost more than $2 billion.
RTD applied late last month to join the Federal Transit Administration’s public-private partnership pilot program, which promotes more extensive links between public transit agencies and private businesses.
