The City of Fort Collins has issued a Request for Proposals for a consulting firm to study whether or not the city’s current impact fees adequately fund transportation infrastructure projects.
The Fort Collins Transportation Capital Expansion Fee Program has been in place since 1979 and renewed and revised as recently as 2017.
According to city documents, the TCEF Program has been a “stable long term funding source for the construction of transportation infrastructure” across Fort Collins.
The fees help fund everything from new road construction to road system improvements and multimodal projects.
The RFP is specifically looking for a consulting agency to “review the current fee collection methodology against industry best management practices,” while also determining how such fees can most efficiently be used to “ensure proportionality between future development and needed improvements.”
The consultants will additionally be tasked for establishing a nexus between anticipated future development in the city and needed infrastructure improvements.
Submission deadline for the RFP is November 19.
By Garry Boulard
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