Overview
Acceleration of Measure R Highway Projects
The Metro Board of Directors recently initiated a program to explore the use of Public-Private Partnerships (PPPs) to accelerate delivery of highway projects included in Measure R and which are not fully financed through traditional funding sources.
The overall purpose of the PPP highway program initiative is to establish an approach on how to identify, assess and implement projects using private sector participation, with the overall goal of accelerating Metro’s delivery of highway projects in Los Angeles County.
The 30/10 Initiative was recently introduced to accelerate Measure R transit projects in Los Angeles County. At the same time, the Board adopted a policy to combine long term countywide sales tax revenue from Measure R, approved by voters in 2008, with alternative project delivery and financing methods for highway projects.
Keywords: 30/10, Measure R
Last Revised:
Thursday February 24, 2011
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Overview '
Benefit
Benefits of Accelerating Highway Projects in Measure R
- Substantial cost savings by limiting the effect of inflation while taking full advantage of design-build, and/or competitive construction bids.
- Create tens of thousands of jobs, beginning with the design and construction phases and continuing through future operation and maintenance activities, which will improve the local economy.
- Reduce traffic congestion, thousands of hours of saved travel time and improved air quality for Los Angeles County for decades to come.
Many of the highway projects to be undertaken have the capability to generate a substantial new revenue source in Los Angeles County through the prospect of general and targeted tolls and/or user fees. Such user fees can be part of PPPs for development of new highways, extensions to existing facilities, freight and goods movement services and high occupancy toll (“HOT”) lanes.
Keywords: 30/10, Measure R
Last Revised:
Thursday February 24, 2011
Printer Friendly Version for '
Benefit '
Accelerated Highway Projects
Showing the latest posts relating to: Highway+Projects
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Posted by Steve Hymon on February 9, 2012 10:07 am
- Here is a look at some of the transportation headlines gathered by us and the Metro Library. The full list of headlines is posted on the Library’s Headlines blog, which you can also access ...
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Posted by Steve Hymon on February 7, 2012 11:45 am
- Here are a pair of legislative alerts posted Monday.
From Metro’s government relations staff:
U.S. Senate Finance Committee Poised to Act on Surface Transportation Bill
Tomorrow, the U.S. ...
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Posted by Carter Rubin on February 3, 2012 11:45 am
- Here’s the latest legislative alert from Metro CEO Art Leahy’s office:
Sharp Partisan Disagreements Mark Passage of Surface Transportation Bill in House Committee
Earlier today (2:45 a.m. ...
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Posted by Kim Upton on February 2, 2012 1:09 pm
- This legislative alert just came through from Metro CEO Art Leahy’s office:
House Ways and Means Committee Mark-Up Slated For Tomorrow On Transportation Authorization Bill – Transit Funding ...
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Posted by Steve Hymon on February 1, 2012 9:58 am
- Here is a look at some of the transportation headlines gathered by us and the Metro Library. The full list of headlines is posted on the Library’s Headlines blog, which you can also access ...
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Posted by Steve Hymon on January 27, 2012 12:39 pm
- The High Desert Corridor project — which is considering a new freeway connecting Highway 14 in Los Angeles County to Highway 18 in San Bernardino County — is in the midst of holding ...
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Posted by Steve Hymon on January 25, 2012 11:47 am
- The Metro Board of Directors meets tomorrow at 9 a.m. at Metro headquarters adjacent to Los Angeles Union Station.
The big item on the agenda – posted below – is consideration of a Project Labor ...
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Posted by Steve Hymon on January 25, 2012 11:06 am
- Credit: White House photo by Chuck Kennedy.
Here’s the part of President Obama’s State of the Union speech Tuesday that dealt with infrastructure:
Building this new energy future should ...
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Posted by Kim Upton on January 19, 2012 12:06 pm
- Here is a look at some of the transportation headlines gathered by us and the Metro Library. The full list of headlines is posted on the library’s blog.
High-speed rail helps students, state (USC ...
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Posted by Carter Rubin on January 13, 2012 9:26 am
- A digital rendering of BART's concept for its new car interiors. Snazzy! Photo via BART.gov.
This weekly post features news from other transit agencies and planners from around the world. Did we ...