RAIL PROPERTY MANAGEMENT, LEASING, AND ASSET DEVELOPMENT

The Connecticut Department of Transportation (CTDOT) seeks a qualified contractor to manage, lease, and develop state‑owned rail property along multiple passenger and freight lines. The contractor will create efficient administrative, record‑keeping, and accounting processes for CTDOT’s Office of Rail real‑estate interests and devise innovative strategies to generate recurring and non‑recurring revenue through strategic disposition of rail‑right‑of‑way assets. • Manage rail‑adjacent real‑estate portfolio across New Haven Line, Danbury, Waterbury, New Canaan branches, and state‑owned freight corridors. • Develop and implement standardized processes for property administration, lease management, and financial reporting. • Identify and execute leasing, sale, or development opportunities to maximize non‑fare revenue. • Provide ongoing advisory services, market analysis, and asset‑valuation support. • Coordinate with CTDOT, local municipalities, and other stakeholders to ensure compliance with transportation and environmental regulations.