The Colorado Review, run by Colorado State University’s Center for Literary Publishing, is published three times a year. The focus is on contemporary, they do not publish genre fiction.
Colorado Review accepts simultaneous submissions, no mention of multiple submissions.
They only accept submissions from August 1 to April 31, there is no mention of response time.
Colorado Review accepts submissions through snail mail and online.
There are samples available on the website to familiarize yourself with what they accept.
Colorado Review pays $200 for short stories, preferably 15 – 25 manuscript pages in length, as well as a years subscription.