Transform66 – Outside the Beltway

66 traffic logoCURRENT STATUS

“Governor McAuliffe Announces USDOT Approval of Federal Loan for I-66 Public-Private Partnership” (click here)

 

RICHMOND – Governor Terry McAuliffe today announced that the United States Department of Transportation (USDOT) issued their approval to provide a $1.2 billion Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the I-66 Outside the Beltway public-private partnership transportation project.

The TIFIA loan represents 33 percent of the project’s total cost. The Commonwealth’s private partner on the I-66 Outside the Beltway Project, a consortium of Cintra, Meridiam, Ferrovial Agroman US and Allan Myers, known as Express Mobility Partners (EMP) are responsible for designing, building, financing, operating, and maintaining the I-66 project.

“The I-66 Outside the Beltway project is a prime example of how working collaboratively and creatively with all parties can achieve major transportation improvements that benefit and protect Virginia taxpayers,” said Governor McAuliffe. “Securing a TIFIA loan was critical to the Commonwealth and its private partner’s ability to move forward and deliver this important public-private partnership transportation project. I am proud of the bipartisan work this administration has done to reform Virginia’s P3 program to increase competition, accountability and transparency in P3 projects.”

The Virginia Department of Transportation (VDOT) and EMP team have been working to develop design plans for the express lanes project. Financial close for the overall project is expected this November. The public will have an opportunity to review and provide comments on the latest project design plans at public hearings scheduled on November 13, 14 and 16. Initial construction will begin later this year, and heavy construction throughout the entire corridor is expected to be in full swing in the spring of 2018.

Secretary of Transportation Aubrey Layne added, “Today’s milestone of achieving a TIFIA loan will allow the express lanes project on I-66 Outside the Beltway to move ahead, providing much-needed new choices and improving travel on I-66.” Secretary Layne continued, “This achievement could not have happened without a strong partnership between the USDOT, Commonwealth, communities in Northern Virginia, and EMP. We appreciate our partners’ hard work and shared commitment to get this critical project completed.”

“This is an important milestone in securing our project financing package, and we are focused on achieving full financial close in the near future,” commented Javier Gutierrez, chief executive officer for I-66 Express Mobility Partners. “Once we achieve financial close, our focus will be on securing design approvals and beginning construction on this transformational project. We have been working closely with our partners at VDOT, our design-build contractor FAM Construction, and the local community to ensure that we deliver a dramatically improved travel experience on a safer, more efficient I-66.”

The project requires zero public investment and Virginia’s private partner will provide an upfront payment of approximately $500 million that will be used to fund additional transportation improvements in the corridor. Additionally, the comprehensive agreement requires EMP to pay a net present value of $800 million for transit service in the corridor and $350 million for other projects to improve the I-66 corridor over the next 50 years.

The project will modify nearly 23 miles of I-66 providing two express lanes alongside three regular lanes from I-495 to Route 29 in Gainesville in each direction, with dedicated express lane access points, and space in the median reserved for future transit. In addition, the project consists of 4,000 park-n-ride spaces, new and expanded bus service throughout the corridor, safety and operational improvements at key interchanges, auxiliary lanes between interchanges, and bicycle and pedestrian upgrades.

The express lanes are scheduled to open in 2022.


66 Express Mobility Partners (Cintra, Meridiam, Ferrovial and Allan Myers) was selected as the preferred proposer upon evaluation to design, build, finance, operate and maintain the I-66 Outside the Beltway Project.

Presentations from the Transportation Secretary and VDOT Commissioner explain various aspects of the partnership between I-66 Express Mobility Partners and the Virginia Department of Transportation:

Commercial close was achieved in December 2016 and Financial close is anticipated in late 2017.


Project Background

Following the endorsement of all ten improvement concepts as eligible for advancement into subsequent Tier 2 NEPA document(s) the FHWA issued a Tier 1 Record of Decision. FHWA concluded that any of the ten improvement concepts could advance individually or in combination as long as they met three main criteria:  1) connect logical termini and be of sufficient length; 2) have independent utility; and 3) not restrict consideration of alternatives for other reasonably foreseeable transportation improvements.

In July 2014, VDOT and the Virginia Department of Rail and Public Transportation (DRPT) began a Tier 2 Environmental Assessment which is a study of a combination of improvement concepts from the Tier 1 EIS including: two express lanes, three regular lanes and rapid bus service, in addition to other safety and operational improvements. The Public hearings on this study were held in spring 2015.  A decision on the preferred alternative is expected to be made in fall 2015. Environmental work is expected to be completed by the end of 2015.

High-Level Screening Report (May 3, 2013) and Detail-Level Screening Report (June 21, 2013) were accepted by VDOT to advance to project development phase.  Project development activities are currently underway to more fully develop the Transform66 – Outside the Beltway project and evaluate a P3 option.

Activities underway include geotechnical studies, preliminary design, surveys, traffic studies, Tier 2 Environmental Assessment, transit study, Interstate Justification Report, Risk Analyses Workshops, etc.

The Commonwealth Transportation Board meeting on May 19, 2015 presented additional information regarding possible delivery method.  See the presentation.

VDOT presented a dual path approach (P3 and public financing) to the CTB in June 2015. See the Commonwealth Transportation Board presentation.

VDOT presented the next steps to a P3 procurement in July CTB meeting. See Commonwealth Transportation Board presentation.

Transportation Public-Private Partnership Advisory Committee

An important step in the P3 process has been reached by the Transform66 Outside the Beltway project:  the Initial Finding of Public Interest (Initial FOPI) was signed by VDOT Commissioner Charles Kilpatrick on August 14, 2015.

This information was presented to the first meeting of the PPTA Advisory Committee on August 17, 2014.  Information on Chapter 612 of the Virginia Acts of Assembly (HB 1886)Commonwealth of Virginia Major Business Terms Sheet,  and the Signatory response of intent to respond to Request for Qualifications from four of the five private sector teams.

Additionally, Secretary of Transportation Aubrey Layne gave opening remarks and Commissioner Kilpatrick provided a presentation on elements of the FOPI and Transform66 to the Committee.

The meeting, open to the public, was held in the VDOT Main Auditorium at 2pm.  Comments are welcome at the VDOT I-66 Corridor Website site or at this site at Contact Us.

On August 31, 2015, the VDOT posted a Draft Request for Qualifications (RFQ) for interested private sector teams to share their resources, qualifications and experience to deliver the $2.1 billion I-66 Outside the Beltway project in Northern Virginia under the PPTA.

On September 16, 2015, the Commonwealth Transportation Board approved the issuance of the RFQ. A resolution was adopted and the RFQ made available on September 17, 2015. In addition, the Secretary affirmed the Commissioner’s Finding of Public Interest (FOPI).

An Addendum to the original RFQ was issued on September 24, 2105.

Project Short-Listed Teams  were announced by VDOT on October 16, 2015.

The P3 Advisory Committee Meeting for the project will be held in VDOT’s Richmond Central Auditorium on December 14, 2015 at 2pm in Richmond.  The meeting will also be streamed live from website: www.windrosemedia.com/windstream/vdot-specialprojects/.

Draft RFP documents were issued to the Short-listed Teams on December 17, 2015. As of February 19, 2016, the competitive procurement process is moving forward with Express Partners and Express Mobility Partners.

Public meetings will be conducted in May 2016 to present the latest procurement status and seek public input on draft procurement documents prior to issuance of the Final RFP in June 2016.

The Final RFP was issued on July 29, 2016.  Technical proposals and Financial proposals were due October 11, 2016.

The Governor announced the successful proposer in November 2016, with commercial close achieved in December 2016 and Financial close achieved in November 2017.


Project Links

Amended and Restated State Infrastructure Bank Loan

First Amendment to Comprehensive Agreement for Transform66 Outside the Beltway

Transform-66-Acknowledgement-Letter-Exhibits-N-and-J-5_Redacted-c

Final Finding of Public Interest

Executed Comprehensive Agreement & Exhibit A-c

Technical Proposal:



Final RFP Addendum 2 – Statement of Clarification #3 (October 20, 2016)

Final RFP Addendum 2 – Statement of Clarification #2 (September 30, 2016)

Final RFP Addendum 2 – Statement of Clarification (September 26, 2016)

I-66 RFP Addendum 2 (September 12, 2016)

I-66 RFP Addendum 1 (August 19, 2016)

Final RFP:

PAB Allocation Approval LetterNew !

Revised Final Draft RFP:

 

 

Revised Draft RFP (1/5/16):

Draft RFP: (12/17/15)

Bid Summary presentation to PPTA Advisory Committee (12/14/15)

Statements of Qualifications DB-ATC: (11/19/15)

Statement of Qualifications DBOM: (11/19/15)

Statement of Qualifications DBFOM: (11/19/15)

Request for Qualification’s Clarification Statement #2

DBFOM Term Sheet (11/12/15)

DBFOM Term Sheet (redline version)

DB-ATC Term Sheet (11/12/15)

DB-ATC Term Sheet (redline version)

DBOM Term Sheet (11/12/15)

DBOM Term Sheet (redline version)

Industry Information Meeting sign in sheet (11/2/15)

List of Statements of Qualifications received (10/1/15)

DBFOM Term Sheet (10/1/15)

DBOM Term Sheet (10/1/15)

DB – ATC Term Sheet (10/1/15)

Pre-draft Technical Requirements (10/1/15)

Pre-draft Technical Requirements – attachments (10/1/15)

Intermediate Traffic and Revenue Study

Statement of Clarification (9/29/15)

Request for Qualifications Addendum #1 (clean version)

Request for Qualifications Addendum #1 (redline version)

VDOT Responses to RFQ questions (9/21/15))

Request for Qualifications (clean version; Word and PDF)

Request for Qualifications – (redline version; Word and PDF)

Secretary’s Affirmation of Finding of Public Interest

Commonwealth Transportation Board Resolution

VDOT Responses to RFQ questions

Draft Request for Qualifications

Commonwealth Transportation Board presentation – (9/15/15)

Transform 66 (Outside the Beltway) video

Transform 66 (Outside the Beltway) RFQ Process and Timeline 

Consultant Conflict of Interest Listing  – (updated 6/20/16)


Presentations

Commissioner Kilpatrick’s presentation to the Transportation Public-Private Partnership Advisory Committee – Bid Summary – December 14, 2015 –

Transportation Public-Private Partnership Advisory Committee – Secretary Layne’s opening remarks and VDOT Commissioner Kilpatricks briefing presentation

Transportation Public-Private Partnership Advisory Committee – Audio clip

Transportation Public-Private Partnership Advisory Committee – Resolution affirming FOPI

Initial Finding of Public Interest – signed– August 17, 2015

Chapter 612 of the Virginia Acts of Assembly (HB 1886)

Commonwealth of Virginia Major Business Terms Sheet – August 17, 2015

Signatory response of intent to respond to Request for Qualifications – August 17, 201

Notice of Transportation Public-Private Partnership Advisory Committee Meeting – July 17, 2015

Commonwealth Transportation Board presentation – July 15, 2015

Commonwealth Transportation Board presentation – June 16, 2015

Transform66 Action Items Schedule – June 9, 2015

Draft Transform66 Term Sheet – June 9, 2015

Request for Meetings with Private Sector Teams on Transform66 Outside the Beltway Project – June 8, 2015

Commonwealth Transportation Board presentation – May 19, 2015

I-66 Corridor Public Information Meetings – January/February 2015

First Risk Workshop Summary Report October 6, 2014

I-66 Corridor Request for Information

I-66 Corridor detail-level screening

I-66 Corridor high-level screening

I-66 Corridor Website – project-specific information

Project News Links