Transcript PowerPoint Presentation - California Transportation Foundation

Los Angeles County
Metropolitan Transportation Authority
Public Private Partnerships
CTF Transportation Forum
January 24, 2012
Douglas R. Failing, P.E.
Executive Director, Highway Program
Highway Projects – PPP Candidates
Proposed Highway Projects- Potential P3 Candidates
Existing Metro Rail and Bus
Rapid Transit System
Proposed Highway Projects
Area of Potential Alignments
I-710 South Corridor
• Improvement of 18 miles of freeway:
• Freeway widening to 10 lanes
• Construction of 4-lane exclusive tolled
freight truck corridor (16 miles)
• Improvement of most existing
interchanges
• Connects Ports of LA and Long Beach with
rail distribution centers in East Los Angeles
• Circulate Draft EIR/EIS in Spring 2012
• Environmental complete in Spring 2013
• Measure R: $590 Million*
* includes Early Action Projects
I-710 South Corridor – Initial P3 Analysis
• P3 Delivery:
– DBFOM of tolled freight corridor
• P3 Partner Responsibility:
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Financing
Final Design
Construction
Operations
Maintenance
• Metro/Caltrans Responsibility:
– Early Action interchange projects
– Freeway widening and other
improvements to be constructed as funds
become available
• Funding, Financing &
Repayment:
– Funding is insufficient for cost of capital
development
– $2.5 billion of public funds needed to
advance the freight corridor through rightof-way acquisition and construction
– Truck tolls different for peak/off peak
– Reduced toll incentives for low-emission
trucks
• P3 Option Benefit:
– Achieves earlier traffic relief by shifting
trucks onto the freight corridor
– Tolling revenue plus private financing
could cover more than 80% of the freight
corridor costs
– Represents a neutral “value for money”
SR 710 North
• Extension of existing
Long Beach Freeway to
I-210
• Proposed tunnel for
significant portion of
alignment
• Alternative Analysis
complete Fall 2012
• Draft EIR/EIS
complete Fall 2013
• Measure R: $780 Million
• 4.5 Mile Gap between SR-134 terminus in Pasadena & SR-710 terminus in Alhambra
• Over 100 Square Mile Area
SR 710 North – Initial P3 Analysis
• P3 Delivery:
– DBFOM
• Project Assumptions for
PPP Analysis:
– Twin 57’ diameter deep bore
tunnels
– Approximately 21,000’ alignment
– No intermediate interchanges
– 4 lanes in each direction
– Phased construction & opening of
tunnel bores
• Schedule:
– ROD - 2015
– Completion - 2025
• Funding, Financing &
Repayment:
– Funding is insufficient for cost of
capital development under a nominal
delivery option
– Tolling and P3 delivery appear to
provide adequate funding
– Phased opening of tolled tunnels
increases financial robustness
• P3 Option Benefit:
– Could accelerate completion by 4
years
– Represents a potentially positive
“value for money”
High Desert Corridor
A new connection between Los Angeles and San Bernardino Counties
through the High Desert area (63 miles)
Components may include: Freeway/Expressway/Toll Road/High Speed Rail
Feeder
Service Right-of-Way
Green Energy Corridor Study
Collaboration between:
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Los Angeles County Metro
Caltrans
HDC Joint Powers Authority
San Bernardino Associated Governments
www.oregon.gov/ODOT
Conduct a field review for potential sites
• Linear corridor and large areas
• Public service facilities and rest stops to access
renewable energy stations
www.edisonmuckers.org
Green Energy Corridor Study (Cont.)
Generate and analyze potential
green energy alternatives
• Horizontal and Vertical Technologies
• Energy transmission and storage
• Conceptual design options and
maintenance
www.popsci.com
Evaluation of market opportunities
Financial analysis for viable
alternatives and potential sources of
funding
www.sciencelearningspace.co
m
High Desert Corridor Schedules
Green Energy Corridor Study
•Draft Technical Document
•Draft Financial Analysis
•Final Study
March 2012
April 2012
May 2012
High Desert Corridor Environmental
Document
•Draft EIS/EIR
•Public Hearings
•Final EIS/EIR
Fall 2012
Winter 2012
Spring 2013