Updated: Shortlisted firms announced September 10, 2013.
See the announcement of all firms.
Metro and the California Department of Transportation (Caltrans) are working together to accelerate delivery of certain highway improvements within the county utilizing PPP delivery method. The ARTI Project consists of six different elements, and includes design completion, construction, financing and maintenance of most of the improvements for a period of 30-35 years. These improvements are nearly fully funded and have been environmentally cleared, but are programmed for construction funds in future years. The estimated cost of delivering this package of improvements is approximately $750 million in 2012 dollars.
ARTI includes a highway gap completion, capacity enhancement, pavement rehabilitation and soundwalls. These elements are at various locations throughout the County. One of the specific elements in the package includes the potential construction of 13.5 miles of high occupancy toll (HOT) lanes on Interstate 5 instead of the currently planned high occupancy vehicle (HOV) lanes. This element of the package would include toll operations as part of the proposed concession.
Compensation to the concessionaire would be through availability payments over the 30-35 year period, committed from Metro’s and Caltrans’ various sources of funds and the potential toll revenue generated on the HOT lane facility.
Consideration of the ARTI Project by the California Transportation Commission (CTC) is planned to take place at the March 20 and 21, 2014 CTC meeting. Immediately following approval by the CTC, the draft Request for Proposals (RFP) will be circulated to the shortlisted Respondent teams for review and comment. An updated schedule of procurement process dates will be provided with the subsequent issuance of the FINAL RFP.