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.
Last Revised
Thursday February 24, 2011
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.
Last Revised
Thursday February 24, 2011
Accelerated Highway Projects
Last Revised
Thursday September 27, 2012
Showing the latest posts relating to: Highway Projects
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Posted by Steve Hymon on May 6, 2013 9:00 am
- MayoralLetterAFFBonds4-30-13
The America Fast Forward initiative got a nice boost last week when the U.S. Conference of Mayors issued a letter (above) to Congress supporting Metro’s attempt ...
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Posted by Steve Hymon on April 10, 2013 1:46 pm
- This page from the U.S. Dept. of Transportation booklet of budget highlights. Click above for the full document (pdf).
Some very welcome news via the proposed budget released today by President ...
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Posted by Kim Upton on March 20, 2013 9:52 am
- The American Society of Civil Engineers (ASCE) has released its report card on America’s infrastructure and it’s not one we’d be proud to show Mom. “Report Card for America’s ...
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Posted by Steve Hymon on November 5, 2012 4:08 pm
- Work earlier this year on the 5-14 HOV lane connector project that is receiving Measure R funding. Photo: Caltrans District 7.
I posted an update last week on the transit projects funded by Measure ...
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Posted by Steve Hymon on November 1, 2012 11:11 am
- Work on the Measure R-funded Expo Line Phase 2 along Olympic Boulevard in Santa Monica. Photo by Expo Line Fan.
We’re one week shy of the fourth anniversary of the passage of Measure R by Los ...
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Posted by Steve Hymon on April 19, 2012 8:39 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 via ...
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Posted by Steve Hymon on October 11, 2011 8:35 am
- President Obama on Tuesday announced an expedited federal review of the Crenshaw/LAX Line, which could allow the project to begin construction earlier and create jobs sooner.
Metro officials have ...
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Posted by Steve Hymon on July 21, 2011 9:50 am
- The 18.4-cent per gallon federal tax that you pay at the pump is used for all sorts of highway projects across the U.S. Keeping the “Highway Trust Fund” solvent is a challenge on a good ...
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Posted by Steve Hymon on March 21, 2011 2:58 pm
- Expanding the network of HOV lanes in L.A. County is a big part of Metro's highway program.
Metro issued a long news release today about its highway program — specifically the many ...
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Posted by Steve Hymon on April 12, 2010 9:22 am
- Los Angeles Mayor Antonio Villaraigosa first proposed his 30/10 initiative last fall, proposing to build 12 mass transit projects to be heavily funded by the Measure R sales tax in the next 10 years ...
