The Center is designed to serve as a trusted advisor to government on
delivering infrastructure of all kinds through public-private partnerships.
We intend to coach and mentor public sector staff on how to get deals done.
Michael Cheroutes is the Director of the Center for Infrastructure Development, founded in 2015 to help state and local governments accelerate the delivery of public infrastructure across all sectors through private partnerships.
Cheroutes was the first Director of the Colorado High Performance Transportation Enterprise (HPTE), a government-owned business enterprise within the state’s Department of Transportation. Under his leadership, the HPTE began work on potential public-private partnerships for projects totaling more than $5 billion, including the US 36 BRT/Managed Lane project – recognized nationally as a model for the P3 delivery of multi-modal transportation and transit improvements— and a billion dollar plus viaduct replacement and new capacity project along Interstate 70. The US36 concession closed in March, 2014. According to Cheroutes,
"The US 36 Express Lane Project is a nationally-recognized example of how leveraging a public-private partnership can deliver a critical multi-modal transportation systems that allow our economy to keep moving and growing."
Before taking over the directorship of the HPTE, Cheroutes was an attorney in private practice, with over forty years of government and project finance experience. His legal experience includes public private partnerships for infrastructure projects in this country and overseas and the ground breaking financings for the E-470 and NW Parkway toll roads and for the construction of Denver International Airport.
Cheroutes received NCPPP’s 2014 National Public-Private Partnership Leadership Award for helping Colorado to establish industry-leading practices and deliver new infrastructure for residents far faster and reliably than would have been possible with traditional financing.