I-225 Light Rail Design/Build/Finance Staff Recommendation. RTD FasTracks Monitoring Committee July 3, 2012

Transcription

1 I-225 Light Rail Design/Build/Finance Staff Recommendation RTD FasTracks Monitoring Committee July 3, 2012

2 FasTracks Guiding Principles Staff relied heavily on our Guiding Principles to develop our recommended action for I-225 Ensure every step contributes to the full vision Focus money available to the greatest good Spend public money wisely Maximize i outside funding before going to taxpayers Deliver key investments in all corridors Build As Much As We Can As Fast As We Can Until It Is All Done! 2

3 I-225 Light Rail Corridor 10 ½ mile light rail extension 8 stations Starts at existing Nine Mile Station Serves the Aurora City Center Serves the Anschutz / Fitzsimons Campus Provides additional mobility to military veterans and transit dependents Provides regional connectivity to East Commuter Rail Line at the Peoria Station ti 3

4 Timeline March 8 RTD received an unsolicited proposal from Kiewit Infrastructure Company for the I-225 Light Rail Project April 17 RTD Board authorized staff to proceed with a competitive bidding process May 8 RTD advertised d a Request for Proposals (RFP) to provide a Design-Build approach to construct the I-225 Rail Line beyond the Iliff Station with a financial solution that is within RTD s financial i capacity June 14 RTD received competitive bids from two teams: 1. Kiewit Infrastructure 2. Balfour Beatty/Ames JV June 27 Staff provided update to the Board during Executive Session 4

5 RTD Evaluation Team Board of Directors Patterned After Eagle Project Evaluation Team General Manager Evaluation Committee Technical Subcommittee Stakeholder Group Financial Subcommittee Technical Approach Working Group Systems Utilities Drainage Structures General Civil and Track Stations Traffic Control Traffic Signals ROW Management Approach Working Group Project Management Plan Quality Management Plan Safety Management Plan Technical Management Approach Schedule SBE Plan Experience of Team Experience of Key Staff 5

6 Evaluation Criteria and Weighting g Financial Solutions and Design/Build Cost Proposal (60 Points Total) - Cost Effectiveness - Strength of Financing Structure Technical Proposal Criteria (40 Points Total) - Technical Approach - Right of Way Team and Approach - Quality of Team and Approach - SBE/WIN Approach NOTE: These criteria were included in the Instructions to Proposers document, as part of the Request for Proposals 6

7 Kiewit Team 7

8 Kiewit Proposal Highlights Offers construction of entire I-225 corridor to Peoria Station by November 2015 Capital cost bid within RTD s internal engineering estimate Incorporates approved Alternative Technical Concepts that reduce cost Right-of-Way (ROW) team includes local companies ROWP Project tmanager experienced din both thstate t and dfederal regulations, and design-build Excellent project safety record, well beyond industry averages Very good design-build experience with proven history of success; including T-REX and DUS Proven design and construction management approaches 8

9 Kiewit Proposal Highlights (cont.) ISO 9001 quality program registration for key team members Commitment to collaboration with RTD, design and construction personnel, and stakeholders Kiewit, AECOM, and financer RBC have all worked with RTD previously Experienced key staff, familiar with RTD requirements Proposes to exceed the 25% SBE and 8% WIN goals SBE: Capacity Building Workshops; Diversity and Inclusion Council; existing relationships from DUS; outreach events; work packages; strong SBE Liaison WIN: WIN Executive Committee experience; committed to additional training; i opportunities in contract t administration, i ti public information, carpentry and traffic control 9

10 BBA Team 10

11 BBA Proposal Highlights Offers construction of I-225 corridor to logical terminus at City Center Station by September 2015 Capital cost bid within RTD s internal engineering estimate Traction Power Substation (TPSS) & Signal Systems will integrate into existing systems seamlessly Good Maintenance of Traffic plan Recent West Rail Line experience demonstrates systems integration expertise Strong ROW lead, with large project delivery experience Good safety record Design-build experience on comparable projects, including RTD s Eagle Project 11

12 BBA Proposal Highlights (cont.) Design-Build Coordinator will facilitate communication between construction and design team Interdisciplinary and constructability design reviews Good collaboration approach that includes stakeholders and public outreach Commitment to multi-level partnering Many key personnel have recent experience on RTD projects, including I-225 Environmental Evaluation/Preliminary Engineering Proposes to exceed the 25% SBE and 8% WIN goals SBE: Technical Guidance Workshops, Mentor-Protégé program, commitments t that t already exceed goal WIN: Founding members on Eagle project 12

13 Overall Evaluation Kiewit/MEC BBA Technical Score Financial Score Total Score

14 Recommended Action It is recommended by the FasTracks Monitoring Committee that the RTD Board of Directors authorize the General Manager to award the design build contract and negotiate final terms for a financial solution agreement to contract with Kiewit Infrastructure Company to serve as the Contractor for the I-225 Rail Line Project. The Project consisting of a portion of I-225 Rail Line from the Nine Mile Station to Peoria Station, which will be constructed for a lump sum amount of US$350 million, to be financed in accordance with the terms of the final financial agreement. 14

15 Benefits of Recommended Action High level of interest from the business community who are seeking innovative ways to partner with RTD to complete the I-225 corridor Proposal is consistent with the stated goals of the FasTracks program to seek innovative approaches to delivering the program Provides a firm, fixed price commitment to complete a key part of the FasTracks program at a favorable capital cost The commitment to this cost and scope is not likely to be available at a later time (due to current economic conditions and the fact that parts of the team are already mobilized for RTD s DUS project) Receipt of two solid proposals and successful award of the contract demonstrates the private sector's s interest in investing in another RTD project and speaks to the agency's respect in the industry. Could encourage the pursuit of similar proposals in other projects Will provide clean, safe, reliable, accessible and cost effective transportation in keeping with RTD s overall mission 15

16 Benefits of Recommended Action (cont.) Completion of the I-225 corridor provides additional mobility to key job centers for military veterans and transit dependents and has a high measure of cost effectiveness per rider Projected ridership is 34,400 riders per day by 2035 I-225 corridor serves es the key employment e and regional destination of the Anschutz/Fitzsimons Medical Campus, which includes University of Colorado Health Sciences Center Children s Hospital Soon-to-be completed Veterans Administration Regional Hospital which will serve the seven state Rocky Mountain region and provide medical services to approximately 57,000 military veterans on an annual basis The complete extension connects with the East Line (between Denver Union Station and Denver International Airport) at the Peoria Station and provides regional connectivity to a major portion of the metro area 16

17 Recommended Action Impacts If the RTD Board accepts the recommended action, the following actions would remain financially feasible: $305 M Projects: All projects identified to be completed using the $305 M remaining from the Eagle P3 project will be completed on schedule US 36 Managed Lane Project: Provide $15 M (in the timeframe) as requested by the Colorado HPTE to complete the managed lane project on US36 to Table Mesa. This will enable the highway h infrastructure t component of the US 36 BRT project to be completed 17

18 Recommended Action Impacts (cont.) If the RTD Board accepts the staff recommendation, the following actions would remain financially feasible: North Metro: RTD would pursue, as a top priority, any funding available to move forward with the design and construction of North Metro from the National Western Stock Show to 72 nd Avenue, allowing for the aggressive pursuit of a federal grant of up to 50% of the remaining cost to complete the corridor Southeast Corridor Extension: RTD would move forward with the first of several steps required to apply for a federal New Starts grant. Application for this grant would be a placeholder to allow RTD to enter into the FTA process 18

19 Next Steps July 10 Public Comment Period; FasTracks Monitoring Committee action July 17 Public Comment Period; RTD Board of Directors committee action July 24 RTD Board of Directors formal action Summer 2012 Financial Close and Notice to Proceed (Pending Board action) 19

20 Questions? 20