42.7 million passengers, averaging 143,000 riders a week
US$54 billion Sound Transit 3 plan approved by voters in 2016
Key advisor on Capital Delivery Plan
- Sound Transit needed help to evaluate the appropriateness of using the public-private partnership (P3) model to deliver new transit services.
- Sound Transit is mandated to extend existing lines across its comprehensive range of transit services, including local bus, light rail transit, and regional train.
- The first step was to establish a framework for evaluating and potentially implementing a P3 for selected Sound Transit capital projects.
- Following this, determine how to oversee and assist in executing selected P3 projects to accelerate project delivery, reduce capital costs, minimize life-cycle costs, transfer risk, and optimize project outcomes.
- Advise Sound Transit's senior leadership about the legal, technical, service, and financial considerations of extending existing light rail lines using various P3 delivery models.
- Analyze and develop the conditions, incentives, and delivery models under which an extension would work and outline a phasing plan to maximize the success of the transition.
- Assist Sound Transit staff in defining transit delivery objectives and structuring procurement documents so that future rail RFPs measure and quantify risk and deliver infrastructure to expectations.
- Identify the value of maintenance and operating components in P3 contracts independent of the building and finance components to refine the future pipeline of projects to pursue.
- Insights into optimal project and transaction governance
- Understanding the legal and regulatory environment for P3 transactions
- Value-for-money modelling and implications
- Integrated land use and transportation planning
- Balancing the needs of private and public stakeholders across the project region
- Comprehensive business case analysis to evaluate strategic, financial, and deliverability considerations
- Advise Sound Transit staff on private market engagement and ongoing relationship management
- Sound Transit services carried a total of 42.7 million passengers in 2016
- An average of 143,000 riders on weekdays in 2016
- The new network would include 62 miles (100 km) of additional light rail
- 37 new stations
- The entire, 116-mile (187 km) light-rail system would carry an estimated 600,000 daily passengers
How we can help you
If you have a problem that needs to be solved, please get in touch.
Technical Advisor for Electric Bus and Infrastructure Loans
York, Ontario, Canada
MaineDOT Bus Electrification Project
Centerm Expansion Project
Vancouver, British Columbia, Canada
Caltrain Modernization Project
San Carlos, CA, USA