RAIL PROPERTY MANAGEMENT, LEASING, AND ASSET DEVELOPMENT

The Connecticut Department of Transportation (CTDOT) seeks a qualified contractor to manage, lease, and develop real‑estate assets along state‑owned passenger rail corridors (including the New Haven Line, Danbury, Waterbury, New Canaan branches, and other state‑owned rights‑of‑way). The contractor will create efficient administrative, accounting, and record‑keeping processes for CTDOT’s Office of Rail real‑estate interests and devise innovative strategies to generate recurring and non‑recurring non‑fare revenue through strategic disposition of these assets. • Scope covers all CT‑owned rail‑right‑of‑way properties. • Responsibilities include property management, leasing, asset development, and revenue‑generation planning. • Contractor must provide process‑improvement, reporting, and accounting systems. • Deliverables include a management plan, leasing strategy, and periodic financial reports. • Requires experience in non‑residential property management, real‑estate development, and public‑sector contracts.