Florida High Speed Rail Authority Update for Orange County Board of County Commissioners April 7,...
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Transcript of Florida High Speed Rail Authority Update for Orange County Board of County Commissioners April 7,...
Florida High Speed Rail Authority Update for
Orange County Board of County Commissioners
April 7, 2009
OUTLINE
Timelines and Federal Processes Florida’s Strong Position - Previous
HSR Work Approach for Florida Response to
Stimulus FDOT Participation
High Speed Rail on National Agenda
Competition for High Speed Rail start-up around the US
Federal Bills: October ’08 Bill: $1.5 billion over 5 yrs (not yet
appropriated)
Stimulus ’09 Bill: $8 billion added – 100% Federal Funding – no State match required (fully funded)
Future additional Bills anticipated due to national importance placed by Obama Administration
CORRIDORS COMPETING FOR BILLIONS OF $FEDERAL
Federal High Speed Rail Corridors*
Northeast Corridor California Corridor Empire (NY) Corridor Pacific Northwest
Corridor South Central
Corridor Gulf Coast Corridor
*others may emerge
Chicago Hub Network
Florida Corridor Keystone (PA)
Corridor Northern New
England Corridor Southeast Corridor
Florida’s Strong Position
Over the past 10 years…1998: Florida Overland eXpress
Tampa-Orlando-Miami environmental and engineering
2004: Florida High Speed Rail Authority PD&E for Tampa-Orlando Feasibility study for Orlando-Miami
Approximately $30 million invested in both these efforts
Review of Tampa-Orlando Corridor Two major components of FHSRA
work:
PD&E for Tampa-Orlando corridor
Procurement of Design-Build-Operate-Maintain & Finance vendor
NEPA Work Completed
FRA Record of Decision (ROD) completes NEPA ROD required to advance into Final Design
2001 2002 2003 2004 2005
FHSRA created
March ‘02: Notice of Intent
April ‘02: Advance Notification and Scoping
October ‘03: Draft EIS and Public Hearings
Impacts of DBOM&F proposals assessed
July ‘05FEIS signed by FRA and FHSRA
Project put on holdFEIS signedNo ROD issued
Design-Build-Operate-Maintain & Finance- DBOM&F RFP issued October 2002 Investment Grade Ridership Study Issued Nov
2002 Beachline (then Beeline) route:
Total riders: 2.4 to 2.8 million; Revenue: $39 -$42 mill Greeneway route:
Total riders: 3.8 to 4.1 million; Revenue: $54- $56 mill
Both proposing teams committed to covering Operations & Maintenance costs based on inclusion of the Choice and Captive markets
DBOM&F SUBMITTALS
FLUOR-BOMBARDIER Jet-Train Technology – Gas Turbine Double track Disney to OIA, single track to Tampa Firm Fixed price of $2.056 Billion
GLOBAL RAIL CONSORTIUM Electric TGV Technology Double track entire system Firm Fixed price of $2.4 Billion
F-B was ranked first on 6-2 vote Negotiations proceeded until August 2004
Orlando-Miami Feasibility – FHSRA 2002
Key Findings for Tampa-Orlando-Miami: Operating Ratios (2020)Will revenues from system cover O&M costs?
For 180+mph: Operating Revenue: $531 mill O&M Costs: $174 mill RATIO: 3.05
Benefit-Cost Ratios (30 year NPV)Do Benefits to Society for building this system
justify the costs? For 180+mph: RATIO 1.95
Conclusion:
Overall benefits of this system greatly exceed costs
APPROACH TO RESPONSE
Highlights of Proposed Response:Corridor: Tampa-Orlando-MiamiP3 Approach“Green” Technology Includes Stimulus component –
“shovel ready” CREATES JOBS!
Corridor Definition
Tampa-Orlando-Miami Corridor is logicalMuch work done on entire corridorEntire corridor is designated by FRAPhasing to logical intermediate stationsProvides 180+ mph capabilityReasonable total length (310 miles)
compared to other competing corridors: LA - San Francisco is almost 400 miles Boston - DC is 440 miles
Public Private Partnership
Private partner is critical for successLeases system for long termShares profits in excess of defined
thresholds A single system approach is logical
Single technologyOne set of standards that is interoperable
statewideWILL REQUIRE ASSUMPTION OF O&M
RISK BY PRIVATE PARTNER
Stimulus Approach
Sequence of work:Define Minimum Operating Segment (MOS)
with FRA within the Tampa-Orlando corridorObtain Record of Decision for MOSStart construction of MOS Incrementally add segments onContinue environmental work on next
segments GOAL: MOS can start construction in 18
months
Board Meeting of April 2
FDOT Letter of Assistance Offered to take over the application process for
stimulus funds to use in-house resources FHSRA accepted offer, with three requests:
$4 million federal funds available to FHSRA from 4 years ago - FDOT to report status in 2 weeks
FDOT to provide progress report at future meetings FHSRA requested that “institutional memory”
available be used
Sunrail: FHSRA passed a support resolution 4-1