The Governor of Virginia, Bob McDonnell released last Monday the Office of Transportation Public-Private Partnerships' (OTP3) Draft 2013 Virginia PPTA Pipeline.
The pipeline contains both long identified public-private transportation projects and new conceptual projects.
The 2013 PPTA Pipeline includes ten candidate projects and ten conceptual projects identified by Secretary of Transportation Sean T. Connaughton, OTP3, and representatives from Virginia's seven multimodal transportation agencies.
Candidate projects are those projects where enough work has been done to move them through the screening process so that an informed procurement process decision can be made. Conceptual projects are those projects where additional business and financial analysis is necessary before moving to the screening process.
Candidate projects included in the Draft 2013 PPTA Pipeline are:
The conceptual projects include:
The PPTA Pipeline also includes information on the progress made in advancing critical infrastructure projects such as the nearly $1.9 billion 495 Express Lanes, the $2.1 billion Downtown Tunnel/Midtown Tunnel/MLK Extension Project, and the $925 million I-95 Express Lanes Project. Further, it discusses several new initiatives to better inform the public and Virginia's decision makers.
Through August 1, 2013, the public and all interested stakeholders are encouraged to comment and provide feedback on the Draft 2013 PPTA Pipeline, and OTP3 will host a webinar for industry representatives on July 22, 2013.
Source: Virginia Government