NTTA Expansion Program ASCE January Luncheon Meeting Delivering Mobility

Gerry CarriganAssistant Executive Director of Project DeliveryNorth Texas Tollway Authority

August 20, 2009

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Who We Are – History

Origins with TTA

Created in 1997 as a Texas political subdivision

No tax revenue

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Typical double photo use

Who We Are – Governance

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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

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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

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Economic Development

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Regional Plan

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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

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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

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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

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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

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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

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Annual Program Expenditures

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Questions