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NTTA Expansion Program ASCE January Luncheon Meeting Delivering Mobility
Gerry CarriganAssistant Executive Director of Project DeliveryNorth Texas Tollway Authority
August 20, 2009
2
Who We Are – History
Origins with TTA
Created in 1997 as a Texas political subdivision
No tax revenue
3
Typical double photo use
Who We Are – Governance
4
1968-1997 - TTA Approx. 124 lane miles
1997-Present - NTTA Approx. 655 lane miles Being constructed or final planning
Nearly 250 lane miles In early design and planning stages
About 204 lane miles
5
Total TollTags® issued More than 1.7 million Projected annual revenue - 2009 Approx. $ 298.6 million
Average daily TollTag® transactions 1.3 million
By the Numbers
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Cooperative Partnerships
7
Economic Development
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Regional Plan
9
2009 Mobility Progress
PRESIDENT GEORGE BUSH TURNPIKE
EASTERN EXTENSIONApprox. 9.9 miles
Est. open to traffic-2011
SAM RAYBURN TOLLWAYSegment 4
Approx. 2.9 milesEst. open to traffic-2011
STATE HIGHWAY 161Approx. 7.4 miles
Est. open to traffic-2012TRINITY PARKWAY
Approx. 9 milesEst. open to traffic-TBDSTATE HIGHWAY 360
Section 1-Approx. 9.7 milesSections 2 & 3 Length-TBD
Est. open to traffic-TBD
STATE HIGHWAY 170Approx. 11.8 miles
Est. open to traffic-TBD
SOUTHWEST PARKWAY CHISHOLM
TRAIL PARKWAYApprox. 27.7 miles
Est. open to traffic-TBD
STATE HIGHWAY 190 EAST BRANCH
Approx. 11 milesEst. open to traffic-TBD
REGIONAL OUTER LOOP
President George Bush Turnpike All-ETC
ConversionOpened to traffic
July 1, 2009
LLTB BridgeOpened to trafficAugust 1, 2009
SAM RAYBURN TOLLWAYSegment 3S
North of Hillcrest Rd. to south Custer Rd.Opened to traffic
September 1, 2009
SAM RAYBURN TOLLWAYSegment 3N
South of Custer Rd. to North of Hardin Opened to traffic
September 29, 2009
STATE HIGHWAY 161Phase 2 (TxDOT)
Two main lanes each direction from SH 183
to Egyptian Way Opened to trafficAugust 2, 2009
DALLAS NORTH TOLLWAY 4B & 5A
STUDY AREALength-TBD
Est. open to traffic-TBDSAM RAYBURN TOLLWAY/DALLAS NORTH TOLLWAY
INTERCHANGEEst. open to traffic-2012
DALLAS NORTH TOLLWAY PHASE 4A
Approx. 6 milesEst. open to traffic-TBD
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Project Costs
ProjectEstimated Project
Cost
Sam Rayburn Tollway $639 million
Lewisville Lake Toll Bridge $122 million
Southwest Parkway & Chisholm Trail $1.3 billion
State Highway 161 $640 million
President George Bush Turnpike Eastern Extension
$610 million
Dallas North TollwayPhase 3
$264 million
Total $3.6 billion
11
Toll Rate Increase
• Reasons to adjust rates–Meet revenue and coverage targets
• Bond holder’s confidence in Authority
–Implement distance based toll rates
–Adopt toll policy consistent with RTC regional toll policy• 14.5 cents/mile in 2010• 2.75% annual compounding rate• Resets every two years
–User equity throughout system
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Tolls SupportBond Sales: Expansion
• Latest Bonds– Priced on Monday, August 3, 2009– Financial close on Wednesday, August 12, 2009
• Successfully sold $1,421,475,000 NTTA Revenue Bonds
13
2010 Focus
• ETC conversion- fully cashless system• SH161
– Finance and construction
• SWP and Chisholm Trail – Finance and construction
• Continued Construction– SRT– PGBT Eastern Extension
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All-ETC Conversion
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All-ETC ConversionFinal Steps
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SRT – Segment 5 and Upcoming Items
DNT/SRT interchange • 4th Quarter 2009
Construction lettings– DNT/SRT interchange
» Engineers estimate- $108M» Low Bid at $79M (Williams Bros.)
• Segments 1-3 landscaping
Segment 5 planned opening January 2012
17
Design-Build construction– Approximately 6.5 miles– 2 major interchanges:
• IH 30 and IH 20
– 2 main lanes in each direction
– 11 gantries• 1 main lane gantry• 10 ramp gantries
– September 2012 opening
SH 161 – Phase 4
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Prairie Link Constructors, LLC– Base Price: $414,154,692
• ~12% lower than next lowest proposal• ~17% lower than engineer's estimate
– Value-added concepts (VAC) - optional• VAC-002: Anti-graffiti coating: $1,865,057• VAC-006: On-the-job training: $0
– Combined cost not to exceed: $416,019,749
SH 161 – Phase 4Design-Build
19
Southwest Parkway/Chisholm Trail
North segment (Tarrant County)– Limits: IH 30 to Altamesa Blvd. – Length: 8.74 miles– Six lane all-ETC toll road
South segment (Tarrant County)– Limits: Altamesa Blvd. to
FM 1187– Length: 5.82 miles– Four lane all-ETC toll road
Chisholm Trail (Johnson County)– Limits: FM 1187 to U.S. 67– Length: 13.01 miles– Four lane all-ETC toll road
2020
Stimulus Funds American Recovery and Reinvestment Act of 2009 (ARRA)
– $787 billion stimulus bill
Infrastructure Funding– $150 billion total
– $27.5 billion highways, bridges• 3% transportation enhancement projects/30% local MPOs/67% to state DOTs
– State stimulus funding distribution same as gas tax monies
– No local match required
Texas – 8.44% of $27.5 billion highway, bridge funding
– Funding allocation – total $2.25 billion• $675,004,544 local MPOs - regional priority projects• $1,507,510,148 TTC - state priority projects• $67,500,454 transportation enhancement projects
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ARRA – Section 3A IH 20 / SWP History
March 2009– TTC & RTC allocated $133.9M
• Build IH 20 / SH 183 / SWP interchange
• Funds 40% of total cost
– NTTA plan repackaging effort• TxDOT and Fort Worth assisted
• Focus was local access improvements
– Bid documents developed• NTTA, TxDOT, Fort Worth
– Project agreement being developed
22
Annual Program Expenditures
23
Questions