Llc, Operating Agreement, Georgia

							  What is the role of ITS in the emerging
public/private partnership transportation
                       market in Georgia?


     ITS Deployment & Operations
           in P3 Agreements


                                                  20100624 ITS Georgia Monso_Julia V1.1.ppt




           ITS   Georgia   |   June   24   2010
                                                                  Agenda



ACS-Dragados

Project Delivery Options

P3: Main Characteristics

P3: Advantages

ITS within the MLSP

I-595 Corridor Roadway Improvement Project

I-595 ITS Requirements

I-595 ITS Architecture



                           ITS   Georgia   |   June   24   2010
                                       ACS-Dragados




ITS   Georgia   |   June   24   2010
                                                           Project Delivery Options


Several Project Delivery options are currently available:

 Design-Build (DB): Design and Build are tendered together based
  on a preliminary design
 Design-Bid-Build (DBB): Predominant highway delivery method,
  where Build is tendered based on a complete design.
 Design-Build-Finance (DBF): the responsibility for completing
  design and construction is transferred to the private sector
  contractor, who is also responsible for raising private financing to
  fund construction.
 Design-Build-Finance-Operate-Maintain (DBFOM): a private
  concessionaire is responsible for completing design and
  construction, raising private finance to fund construction of the
  project assets, and retaining long-term responsibility for operating
  and maintaining the facility. Payment deductions are applied for
  poor performance of the asset during the concession period.


                         ITS   Georgia   |   June   24   2010
                                                        P3: Main characteristics



A Public Private Partnership (P3) defines a long-term
performance based contract between public agency and a private
partner to deliver public infrastructure.

Several of the key elements inherent to this approach are as
follows:

   Long-term contract between public and private sector
   It changes the risk profile of the public sector
   Accelerates infrastructure projects deemed impractical under
    traditional funding
   Well developed international tool
   Private sector provides design, construction, financing and
    operations of a Public Infrastructure



                      ITS   Georgia   |   June   24   2010
                                                                P3: Advantages




It provides some significant advantages over other approaches

 Value for money over project life cycle
 Optimum Risk Transfer
 Increases public liquidity, attract international investment and
  decreases reliance on traditional funding
 Level of Operations and Maintenance Service
 Improves accountability
 Allows public focus on core functions
 Introduces Innovation and efficiency




                         ITS   Georgia   |   June   24   2010
                                                                                          P3: Advantages



Schedule and Cost certainty is one of the most significant
advantages, as the lenders would have their own due diligence
process in place in order to ensure that construction milestones are
certified and payments made on schedule by the Project Sponsors.

                                             100%
                                             90%
                                             80%
United Kingdom Treasury and                  70%
                                             60%
National Audit Office compared               50%
the delivering performance of                40%
                                             30%
DBB and DBFOM project                        20%
                                             10%
delivery options used in their                0%
programs                                            HMT PPP Research        NAO PPP Research     Non-PPP Experience

                                                                       On Time or early   Late


                                         Source: United Kingdom HM Treasury, “PFI: Meeting
                                         the Investment Challenge,” July 2003




                         ITS   Georgia   |    June     24    2010
                                                            ITS within the MLSP




 Georgia Department of Transportation’s (GDOT’s) Managed
  Lane System Plan (MLSP) that began in January 2007 sets an
  impressive plan for bringing Managed Lanes to Atlanta.
 The MLSP is the first comprehensive system-wide evaluation
  of urban area Managed Lanes performed in the United States.
 The Managed Lanes system for metro Atlanta has the potential
  to be bigger and bolder than any other Managed Lanes system
  in the country.
 Operating Managed Lanes in a urban environment highlights
  not only the importance of the ITS function but it especially
  underlines the necessity to integrate the different ITS
  applications




                     ITS   Georgia   |   June   24   2010
                                                              ITS within the MLSP



 The scope of both Public and the Private partners when
  delivering, integrating, operating and maintaining the ITS
  system can be very diverse, but it needs to be aligned to the
  risk profile of each of the parties.
 The risk profile is defined as the effect of uncertainty on being
  able to meet the obligations of each of the parties.
 The risk profile should be based on the following assumptions:
  o No party shall be required to assume a risk which is directly
     or indirectly related to the performance of the other party
  o Risk should be borne by the party best placed to manage
     that risk
  o Private Capital will focus on ensuring that the split of risks
     between Government and the Private sector are fair and
     equitable



                       ITS   Georgia   |   June   24   2010
                                                                          ITS within the MLSP


Multiple options can be considered, but the Concession Agreement
needs to establish clear and concrete requirements
                                                               Public Agency


                                           VMS            CCTV          LCS        PWZ
                                                                                               TMC
                                                                 Integration Requirements?
                                  COMMS                          Service Level Agreements?
                                   HUB                           Alignment to CA?



          Private Partner
                                     Location criteria?


                                                                  Mandatory or optional?
           VMS     CCTV       LCS          PWZ
TMC
                                                                 Device control and permissions?




                            ITS   Georgia     |   June    24     2010
                       I-595 Corridor Roadway Improvement Project




 The project takes place in central Broward County, Florida and
  consists of the reconstruction, addition of auxiliary lanes and
  resurfacing of the I-595 mainline, and a new reversible Managed
  Lanes system in the I-595 median.
 The project limits extend for 10.5 miles, and have a design and
  construction cost of approximately $1.2 billion.
 The project improvements will be implemented as part of a public
  private partnership (P3) with I-595 Express, LLC, who was
  awarded the contract to serve as the Concessionaire to design,
  build, finance, operate and maintain (DBFOM) the project for a
  35 year term




                       ITS   Georgia   |   June   24   2010
I-595 Corridor Roadway Improvement Project




ITS   Georgia   |   June   24   2010
                           I-595 Corridor Roadway Improvement Project


Major improvements
are proposed for the
mainline interchanges
to eliminate friction in
the outer lanes caused
by merge, diverge and
weaving segments
along the
mainline. This will be
accomplished by
providing auxiliary
lanes, continuous
collector-distributor
roadways, and braided
ramps


                           ITS   Georgia   |   June   24   2010
                                                              I-595 ITS Requirements


   The Concessionaire shall assume the responsibilities of all of the
    existing ITS operations on I-595 corridor within the Project Limits from
    the date of NTP-2

   The ITS operations shall
    include, but not be limited
    to, the Concessionaire’s
    I-595 TMC operations
    located at the SMART
    SunGuide TMC, the Road
    Ranger Service Patrols,
    the Severe Incident
    Response Vehicles
    (SIRV) and the Broward
    County Freeway Traffic
    Incident Management
    (TIM) Team.



                           ITS    Georgia   |   June   24   2010
                                                           I-595 ITS Requirements




 When it is no longer feasible to
  operate the existing I-595 ITS
  infrastructure due to the impacts
  from the Design Work and
  Construction Work, the
  Concessionaire shall deploy a
  portable work zone and wireless
  communication based Interim
  Traffic Management System
  (ITMS) during the construction.




                         ITS   Georgia   |   June   24   2010
                                  I-595 ITS Requirements




ITS   Georgia   |   June   24   2010
                                  I-595 ITS Requirements




ITS   Georgia   |   June   24   2010
                                   I-595 ITS Architecture




ITS   Georgia   |   June   24   2010
                                   I-595 ITS Architecture




ITS   Georgia   |   June   24   2010