Army Corps to pursue P3 to restore Denver-area waterway
Colorado – Based on the success of its first public-private partnership (P3) to complete the Fargo-Moorhead flood risk management project last year, the U.S. Army Corps of Engineers (USACE) will allocate $350 million to another P3, Denver’s Urban Waterways project.
USACE and the city of Denver will work together to restore the ecosystem of a 6.5-mile portion of the South Platte River which runs through Adams and Denver counties.
This civil works effort, officially referred to as the South Platte River and Tributaries Project, will provide an extra measure of flood protection for approximately 350 homes near the river, as well as help reduce flood risks along the Weir Gulch and East Harvard Gulch tributaries.
The South Platte River and Tributaries Project is part of the USACE Public Private Partnership pilot program. USACE is to identify up to nine additional P3 pilot projects and provide guidance on the screening and selection criteria, as well as how the USACE Civil Works budget should be allocated to P3 projects.