RTD Procurement and Construction Management Oversight for FasTracks

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RTD Procurement and Construction Management Oversight for FasTracks. Larry Hoy RTD Board Member, District J. Overview of FasTracks Project. What is FasTracks? - PowerPoint PPT Presentation

Transcript of RTD Procurement and Construction Management Oversight for FasTracks

RTD LEADERSHIP ACADEMY

RTD Procurement and Construction Management Oversight for FasTracksLarry HoyRTD Board Member, District J1

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4Overview of FasTracks ProjectWhat is FasTracks?The Regional Transportation District is engaged in completing a $7.9+ billion voter- approved capital expansion project across the 8-county region that when complete will provide:122 miles of new rail service18 miles of bus rapid transit57 new stations31 new Park-n-Rides21,000 new parking spacesRedevelopment of Denver Union Station

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2008 PPP Industry Forum FasTracks ProgressProgress Update

81 miles of rail and bus transit in construction or soon to begin construction

Current construction includes: West line just completed three more under construction. Segment of a fifth line I-225 Bus Rapid Transit (BRT) project Denver to Boulder Denver Union Station

BOARDS Role During Procurement and Construction Process (continued)Use Committee Structure to Approve Contracts and Review of Procurement/construction MilestonesBoard Approval of initial application for Public-Private Partnership Pilot project (Penta-P)Board Approval of Final PPP Application to FTABoards Approval to hire Outside legal counsel with expertise in this areaBoards approval of the P3 goals and MilestonesBoards Review/Approval of the RFP Process proposalBoard Approvals of Key Intergovernmental Agreements (IGAs)Boards approval of the Selection of the Eagle P3 Concessionaire TeamBoards approval of Purchase and Sale of Railroad Right of Way (ROW)

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Denver Union StationPanoramic View