1 / 9

Presentation to Montgomery County Rapid Transit System (RTS) Steering Committee  July 30, 2013

Presentation to Montgomery County Rapid Transit System (RTS) Steering Committee  July 30, 2013 . Purple Line Private Public Partnership Initiative . Towards a More Comprehensive P3 Approach . Key Details of P3 Law .

donny
Télécharger la présentation

Presentation to Montgomery County Rapid Transit System (RTS) Steering Committee  July 30, 2013

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Presentation to Montgomery County Rapid Transit System (RTS) Steering Committee July 30, 2013 Purple Line Private Public Partnership Initiative

  2. Towards a More Comprehensive P3 Approach

  3. Key Details of P3 Law • Creates predictable, transparent, and streamlined approach, incorporating best practices and lessons learned from other states while addressing the needs of Marylanders • Allows agencies to consider unsolicited proposals • Outlines key requirements for competitive processes for both unsolicited and solicited proposals • Exempts P3s from state procurement (Division II of State Procurement Article) • Reporting agencies are promulgating regulations for the development, solicitation, evaluation, award, and delivery of future P3 projects • Requires that the Board of Public Works (BPW) review and designate any potential P3 project, ensuring that future P3 projects receive the highest level of scrutiny BEFORE the State seeks bids from potential partners • Outlines key terms and provisions that should be part of a P3 Agreement

  4. Maryland’s P3 Oversight Process 45 days max, with 15-day extension possible for larger projects 30 days max

  5. Components of MDOT P3 Regulations • Outlines processes for identification and screening of P3 concepts • Outlines anticipated components of a multi-phase solicitation process, including: • RFQ • RFP (draft and final) • Information availability during solicitation process • Industry review meetings • Provides details regarding solicitation response cost reimbursements, as authorized in P3 Law • Provides framework for evaluation, negotiation, and award of P3s

  6. Executive Order to establish framework for statewide collaboration and knowledge sharing

  7. Purple Line Light Rail: Linking the Capital Region The Purple Line is a proposed 16+ mile light rail line extending from Bethesda in Montgomery County to New Carrollton in Prince George's County, enhancing connections in the Washington DC metro area.

  8. Concession (DBFOM) Structure – Availability Payment Users / Other revenue sources Public Owner Revenue Availability Payments P3 Agreement Concessionaire Creditors Equity Investors Debt Equity Operate-Maintain Fees Design-Build Payments D/B Contractor Operator (with Maintenance)

  9. Determining P3 Potential for Purple Line

More Related