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House Bill 2 and P3 Update Aubrey Layne Secretary of Transportation December 17, 2014.

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Presentation on theme: "House Bill 2 and P3 Update Aubrey Layne Secretary of Transportation December 17, 2014."— Presentation transcript:

1 House Bill 2 and P3 Update Aubrey Layne Secretary of Transportation December 17, 2014

2 Key Goals for House Bill 2 Good fiduciaries of taxpayer funds Pick the best projects Transparency for stakeholders Accountability of CTB, VDOT and DRPT Stability in Six-Year Improvement Program 2

3 Overview of House Bill 2 Requires CTB to establish by July 1, 2016 a statewide prioritization process to evaluate projects that enhance transportation network Does not apply to maintenance, repair, revenue sharing, and specialized federal programs Projects are to be screened to determine whether they meet a need in the long-range transportation plan Evaluation should consider: congestion mitigation, economic development, accessibility, safety, and environmental quality 3

4 4 House Bill 2 Outreach Significant outreach to stakeholders across the Commonwealth –Presented to 14 metropolitan planning organizations and scheduled to visit the Harrisonburg MPO tomorrow –Spoke at association conferences including Virginia Association of Counties, Virginia Municipal League, Virginia Transportation Construction Alliance, Virginia Association of Metropolitan Planning Organizations and the VDOT Local Programs Workshop –House Bill 2 was the main focus of the Six-Year Improvement Program hearings – 18 meetings Additional outreach will take place this process moves forward

5 5 Key Issues Raised in Outreach Concern that one area of the state would be advantaged over another Funding to be considered when determining a project’s benefits Weighting of factors and the geographic areas for weighting Concern that prioritization is on a statewide basis Desire additional opportunities for public comment prior to Board adoption of program Concern over initial project development and work required to prepare projects to be scored

6 6 Status on Development of HB2 Process Updated Six-Year Improvement Program in November –$416M de-allocated from projects that were subject to HB2 and not fully funded and through NEPA Initial staff recommendations on framework items provided to Board –Geographic areas for weighting of the frameworks –Solicitation of candidate projects –Funding considered when determine the relative benefits of a project – additional information was requested Measures and weighting frameworks will be discussed with the Board in coming months

7 7 Schedule Moving Forward January 8 stakeholder meetings CTB updates at January and February meetings on measures and weighting frameworks Regional meetings for stakeholders in late February/early March Draft HB2 process released for public comment at the March CTB meeting Comment period for 4 weeks and SYIP spring hearings Revised HB2 process provided to CTB at May meeting Board considers final HB2 process at June meeting

8 8 Implementation of House Bill 2 Fall 2015: Solicit candidate projects Fall/Winter 2015: Screen candidate projects to determine whether they meet a need identified in VTrans2040 Fall/Winter 2015: Evaluate candidate projects January/February 2016: Release scores from evaluation March 2016: Release draft FY16-21 Six-Year Improvement Program Spring 2016: Hearings on draft SYIP June 2016: Board considers revised FY16-21 SYIP

9 9 Allocation of Funds $500M off the top (until 2020) –25% for bridge rehabilitation –25% for interstate and primary pavement rehabilitation and reconstruction –25% for high priority projects –15% for PPTA projects –5% for smart roadway improvements –5% for unpaved roads Funds in excess go through ‘traditional’ formula –Interstate funds off the top –Funds off the top for unpaved roads –40-30-30 distribution for primary, secondary and urban construction

10 10 PPTA Reforms Establishes a steering committee to review whether projects should proceed under PPTA procurement –Will include staff from House and Senate Requires the issuance of a finding of public interest –Outlines risks to be transferred and assigned to private partner such as revenue risk, and operations and maintenance Secretary of Transportation is required to certify the finding of public interest was followed prior to VDOT/DRPT signing comprehensive agreement VDOT is required to develop a process to identify high-risk projects and ensure taxpayer is protected until risk is mitigated

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