Posts from January 2015
Posted in News, Policy

This Friday, January 23, 2015, California will take the first step in investigating a road user charge pilot program as an alternative to the gas tax when the CTC convenes the Road User Charge Advisory Committee meeting.  The committee was created last year by SB 1077 which authorizes a pilot study.  California joins a handful of other states that are exploring road user charge pilot programs, including Oregon, Washington, and Minnesota.

The 15 member committee is made up of representatives of local and regional agencies, privacy advocates, auto groups and state officials.  According ...

Posted in News, P3s

The American Road and Transportation Builders Association (ARTBA) has announced that it will hold its annual Public-Private Partnerships in Transportation Conference on July 15-17, 2015 at the Hyatt Regency Washington in Washington, DC.  This year’s conference, entitled P3s in Transition: The Next Chapter, will again feature a P3 owners-only meeting and interactive sessions, including the continuation of the Great Debate series exploring whether unsolicited proposals add value to P3s.

ARTBA’s annual conference is the nation’s premier and longest-standing event for ...

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Tags: ARTBA, P3s, PPPs
Posted in News

Javier Rodriguez, P.E., Executive Director of the Miami-Dade Expressway Authority (MDX), is ready to begin his role as president of the International Bridge, Tunnel and Turnpike Association (IBTTA) for 2015.  Rodriguez was elected during IBTTA’s 82nd Annual Meeting and Exhibition in Austin, which brought together nearly 1,000 transportation leaders from more than 20 countries to discuss innovative practices, policies, technologies, funding options and business models transforming mobility for drivers worldwide.

As the executive director of MDX, Rodriguez led the ...

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Tags: IBTTA

The Regents of the University of California (the Regents), on behalf of the University of California, Merced (UC Merced), announced today that three teams have been shortlisted to submit detailed proposals for the Request for Proposals (RFP) phase of the UC Merced 2020 project.

The three shortlisted teams and their equity members are (in alphabetical order):

  • E3 2020:  Balfour Beatty Investments, Inc.
  • EP2 Developers:  Edgemoor Infrastructure & Real Estate LLC, Plenary Group (Canada) Ltd., and Education Realty Trust, Inc.
  • Merced Campus Collaborative:  Lend Lease (US) Investments ...
Posted in Financing, P3s

At the TRB P3 Subcommittee meeting on January 12, 2015, among the topics discussed is the growth in the U.S. P3 market of the availability payment approach and less use of toll concessions.  Availability payment contracts have the advantage of lowering financing costs, incentivizing high quality performance and keeping toll setting authority with the public owner.  However, there may be a limit to the amount of annual payments a public agency is willing to commit itself to make.  Toll concessions shift demand and revenue risk to the private sector and interest particularly among ...

On January 6, 2015, the California High-Speed Rail Authority (the Authority) achieved a significant milestone — the groundbreaking of the only high-speed rail system in the United States. Gathering at the site of the future train station in downtown Fresno, federal, state and local government officials, as well as hundreds of student, community, transportation, business and labor leaders celebrated the start of construction for the largest infrastructure project in the United States.

California Governor Edmund G. Brown Jr. commented on the importance of the high-speed ...

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