RTD Procurement and Construction Management Oversight for FasTracks Larry Hoy RTD Board Member, District J 1 3 Overview of FasTracks Project What 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 service 18 miles of bus rapid transit 57 new stations 31 new Park-n-Rides 21,000 new parking spaces Redevelopment of Denver Union Station 4 2008 PPP Industry Forum 6 FasTracks Progress Progress 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 BOARD’S Role During Procurement and Construction Process (continued) • Use Committee Structure to Approve Contracts and Review of Procurement/construction Milestones • Board Approval of initial application for Public-Private Partnership Pilot project (Penta-P) • Board Approval of Final PPP Application to FTA • Board’s Approval to hire Outside legal counsel with expertise in this area • Board’s approval of the P3 goals and Milestones • Board’s Review/Approval of the RFP Process proposal • Board Approvals of Key Intergovernmental Agreements (IGAs) • Board’s approval of the Selection of the Eagle P3 Concessionaire Team • Board’s approval of Purchase and Sale of Railroad Right of Way (ROW) 9 Denver Union Station Panoramic View 10