1. ACEC
Bobby Lewis
August 2017

2. Transportation is Critical to Support a Growing Economy

3. Problem Infrastructure needs gap Population to increase
by over 20 percent
Infrastructure needs gap
Problem
Decreased mobility
Long-term funding uncertainty

4. Expected Population Growth by 2040
Current population: 10.1 million
2020: 10.5 million
2025: 11.1 million
2030: 11.6 million
2035: 12.1 million

5. Revenue ($B) Among Peer States

6. System Mileage vs. Spending Per Mile

7. Cash Model Performance
P3.0 STIP
Gross Revenues
Actual
Estimated
Increase
HF+HTF+FA
$4.483B
$4.869B 9%
HTF+FA
$2.477B
$2.763B
12%
Budget Authority
Actual
Estimated
Increase
HF+HTF+FA
$4.228B
$4.822B
14%
HTF+FA
$2.477B
$2.763B
12%

8. What are we doing now?
Lack of project delivery has resulted in buildup of cash balance
Currently delivering 78% of TIP on schedule
Doing too many tasks sequential
Not adjusting to revenue/cost conditions
Plan of action
Reassessed and established new TIP project schedules (Complete)
Delegated projects for Division Delivery (Complete)
Revising project development cycles (in progress)
Monthly monitoring of program delivery status/cash management (in progress)

9. Discoveries & Expectations
Project Delivery (Planning Documents)
Recent executed delegated authority agreement with FHWA for CE documents (check list)
New Expectation for planning activities
CE’s within 1 year
EA’s within 2 years
EIS’s within 3 years

10. What are we doing now?
Division Mobility Program to address small projects < $2 M
Division Planning Engineers to be technical support and link to rural planning organizations and municipal planning organizations
Better access to tools for MPOs/RPOs to help in project selection and strengthen project competiveness
GIS
Travel Demand Modeling
Freight Analysis Modeling and Network Performance
Performance Metrics for Safety, Mobility, Condition
Transportation Economic Development Impact System

11. Delivery Effort going forward
Capital Programs
Division Managed vs. Centrally Managed
70% projects and 30% of dollars are Division Managed
30% projects and 70% of dollars are Centrally Managed
2% projects are Turnpike’s totally $5.5B
Reset of Draft 10 year STIP
350 projects accelerated
144 projects added

12. Delivery Effort going forward
Capital Programs (5 years)
Preliminary Engineering Expenditures
From $200M annually to over $250M
Right of Way Expenditures
From $325M annually to approaching $400M
Construction Lettings
From $1.66B annually to $2.55B
Partnering with Contractors on existing projects to put the capital project in use as fast as possible

13. Delivery Effort going forward
O&M Programs (HF)
Contract Resurfacing to improve pavement condition and quality
From $500M in 2018 to $600M
Bridge Program
Increase bridge replacements by 150 over 5 years to reduce the numbers of aging structures (710 to 860 bridges)
Evaluating the efforts of “Express DB” to smaller traditional bundling's to maximize limited dollars
Aviation Program
Increase GA activities by $25M

14. TIP Project Advancements

15. Additional Tools – Why?
Need to leverage debt affordability to accelerate projects beyond 2 years and find long term funding solutions simultaneously
Cash Balance
Closing
Target
Floor
Cash Management Plan of Action

16. QUESTIONS?