Colorado Revised Statute § 19-2-708(2)
Advisement
Advisement, Entry of Plea
(1) Upon the entry of a plea of not guilty to the allegations contained in the petition, the court shall set the matter for an adjudicatory trial. Except as otherwise provided in section 19-2-107, the court shall hold the adjudicatory trial within sixty days following the entry of a plea of not guilty.
(2) Upon the entry of a plea of guilty to one or more of the allegations contained in the petition, the court shall advise the juvenile in accordance with rule 3 of the Colorado rules of juvenile procedure. Such advisement shall include the possibility of restorative justice practices, including victim-offender conferences if applicable. The advisement regarding restorative justice practices does not establish any right to restorative justice practices on behalf of the juvenile, and failure to provide an advisement regarding restorative justice practices does not constitute any legal error by the court.