Aba forum division_4_aurora_light_rail_presentation_shresta_2012_11_27

FasTracks Update November 27, 2012

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The RTD FasTracks Plan• 122 miles of new light rail and

commuter rail

• 18 miles of Bus Rapid Transit (BRT) service

• 31 new park-n-Rides; over 21,000 new spaces

• Enhanced Bus Network & Transit Hubs (FastConnects)

• Redevelopment of Denver Union Station

• 50+ new rail and/or BRT stations for Transit Oriented Communities opportunities

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FasTracks Construction Status• 81 miles of new rail and bus rapid transit

currently in construction or under contract to begin construction

• $4.7 billion in investments by 2017

• West Rail Line – 95% complete

• Denver Union Station – 70% complete

• EAGLE (East, Gold, NWES, and CRMF) – construction underway

• I-225 Line – construction underway

• U.S. 36 BRT – construction underway

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FasTracks Funding SourcesFasTracks Election 2004• 0.4 % Increase in Sales and Use Tax

Full Funding Grant Agreements• Eagle P3 Project – $1.03 billion• West Rail Line – $308 million• Southwest Rail Line – $120 million• Southeast Rail Line – $525 million

Other Loans/Grants

• $280 million TIFIA loan awarded for Eagle P3

• $301 million loans for DUS

– RRIF loan - $155 M

– TIFIA loan - $146 M• American Recovery and Reinvestment Act (ARRA) – $28.8 million for FasTracks and

$18.6 million for DUS• Transportation Investments Generating Economic Recovery (TIGER) grant – $10 million

for US 36

Eagle P3 Project The first transit project of its kind in the U.S –

A 34-year Public-Private Partnership Concession in which Denver Transit Partners perform design-build, operations and maintenance; and provide partial financing 35 min travel time

25 min travel time

The first transit project of its kind in the U.S: 34-year Public-Private-Partnership Agreement in which the concessionaire will design-build, operate, maintain and provide partial financing

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Began Procurement Contract

Award

Financial Close; Phase 1 Notice to Proceed –

East Rail Line Groundbreaking

Phase 2 Notice to Proceed –

Gold Line Groundbreaking

Historical Milestones

August2011

August2010

June 2010

August2008

June2012

Northwest RailGroundbreaking

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Eagle P3 Summary

• 36 miles of commuter rail from downtown to DIA, Wheat Ridge and Westminster

• All design approximately 90% complete • More than 70% of property is available for

construction• Utility relocation progressing on the Gold Line,

major construction along Peña Blvd and other locations on East Rail Line

• Vehicle production and test underway• Total of 25% of project budget spent to date• More than $164 million of work committed to

small and disadvantaged businesses - $30.1 million paid

• Actual SBE design goal exceeded by 10%• 13 WIN candidates working• Opens to the public in 2016

Current Project Budget $ 2,185 millionConstruction on East Rail Line

Bridge construction on Northwest Rail Line

Eagle P3 Characteristics• First full transit P3 in the United States• Project is part of FTA’s Public-Private-Partnership-Pilot

Program (Penta P)

• DBFOM – design-build-finance-operate-maintain

• 34 year term (6 years – design/build; 29 years O&M)

• Availability payment model

• Includes incentives and penalties

• RTD retains ownership of assets

• Performance requirements

• Appropriate risk sharing

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P3 – Procurement Lessons Learned

• Develop key project goals and validate decisions as supporting these goals

• Maximize funding and financing opportunities that matched the “affordability” goal

• Capture and retain private sector interest, without a private partner, the P3 will not proceed

• Allow proposers significant flexibility in the designs they proposed

• Invest in the RFP (Engineering, Legal, O&M, Finance, and Contract)

• Alternative Technical Concepts (ATC) - effectively manage anticipated project costs

• Stipend to Proposers - defray proposal preparation costs and allow RTD to retain ownership of the approach and ATCs from non-selected proposers

• Affordability Goal- structure proposal so that cost of building and operating the project dovetails with RTD’s cash flow

• Performance Specifications - maximize flexibility and efficiency in delivering and operating the project

• Aggressive Scheduling - establish and adhere to rigorous request for proposals schedule

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Eagle Project Progress

• Continued utility relocations in Adams County, Wheat Ridge, Arvada, Aurora and Denver

• Grading and building demolition at Commuter Rail Maintenance Facility site

• Appraisals continue on remaining properties to be acquired

• MSE wall construction at Commuter Rail Maintenance Facility site 90% complete

Utility relocation, Vance Street, Olde Town Arvada – May 2012

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I-225 Rail Line• 10 ½ mile light rail extension

• 8 stations

• Starts at existing Nine Mile Station

• Serves the Aurora City Center

• Serves the Anschutz / Fitzsimons Campus

• Provides additional mobility to military veterans and transit dependents

• Provides regional connectivity to East Commuter Rail Line at the Peoria Station

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I-225 Contract Selection Process• In the spring RTD received an unsolicited proposal from Kiewit Infrastructure

Company for the I-225 Light Rail Project.

• After finding the proposal had merit RTD Board authorized staff to proceed with a competitive bidding process.

• RTD advertised a Request for Proposals (RFP) to provide a Design-Build approach to construct the I-225 Rail Line beyond the Iliff Station with a financial solution that is within RTD’s financial capacity.

• RTD received competitive bids from two teams: 1. Kiewit Infrastructure 2. Balfour Beatty/Ames JV.

• In July staff recommended the Kiewit proposal to the RTD Board of Directors.

• During the process RTD had the challenge of stakeholders questioning regional equity. RTD proved with the process that innovative ideas for any project would be considered.

• The Board approved the recommendation which allowed RTD to move into contract negotiations with Kiewit and a contract was finalized in August.

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I-225 Lessons LearnedMany factors made the selection process successful

• Transformation through Transportation industry forum:

o The event showed RTD’s willingness to work with the private sector by hosting the Transformation through Transportation industry forum and revising the Unsolicited Proposal policy.

• RTD demonstrated top down commitment to the unsolicited proposal process, and participation from all affected Departments: Administration; Finance; Planning; Capital Programs; Rail Operations; General Counsel; and Safety, Security, and Facilities.

• Evaluation and Selection Plan

o RTD developed a written Evaluation and Selection Plan that detailed the solicitation schedule, evaluation team organization, and steps to a final decision.

o RTD maintained the schedule and followed the plan, resulting in a successful contract award.

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I-225 Lessons Learned• RTD was committed to holding one-on-one meetings to discuss:

o Details of the RFP with individual proposers, providing a forum for reviewing Alternative Technical Concepts, and clarifying the process for responding to proposer comments.

• RTD offered the opportunity for stakeholder participation in the process:

o Received input from the City of Aurora and CDOT, with respect to strengths and weaknesses of the two proposals.

o Stakeholders were provided an inside look at the project scope so they could make a decision about supporting the project.

o Input resulted in stakeholder support of the staff recommendation and final Board action.

• Public input at Board meetings:

o RTD Board and staff, elected officials, as well as the general public heard the concerns and support regarding the staff recommendation, prior to a final Board action.

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I-225 Rail Line – Status • In the spring RTD began

construction on a joint project with CDOT to build light rail from Nine Mile to Iliff and to expand I-225 from Mississippi Avenue to Parker Road.

• Crews completed the Yale Bridge two months ahead of schedule and the bridge reopened on Oct. 6.

• RTD has entered into a contract with Kiewit Infrastructure Co. to complete the full I-225 Rail Line to Peoria Station. Construction on the projected is expected to begin in spring 2013.

• The full I-225 Rail Line will open in mid 2016.