Presented by: Peter LoughlinSeptember 23, 2010

THE PAST YEARSeptember 30, 2009 Program ExpiredShort Term Extensions – GF Transfers

$8b in 08, $7b in 09, $21b in 10, $36.5b in ARRA

Draft House Bill – No Recent ActionSenate Currently DraftingAdministration Plan Released Sept. 6th

Why The DelayNo Available Funding to Increase

Programs and Gain SupportHighway Trust Fund Revenues DroppingNo Support to Raise the Gas TaxIncreased Focus on Federal DeficitNo Perceived Crisis

Administration PlanAdministration Plan$50 Billion Up-Front Down PaymentCombines Roads, Transit, Railways, AirportsIncludes High Speed Rail in Surface

Transportation ProgramEstablishes Infrastructure Bank to Fund

Projects of National and Regional Significance

Consolidates Programs within Surface Transportation Program

Oberstar Bill6-Year Bill -- $450 B Proposed – No Way to

Fund ItFocus on Performance MeasuresShifts $ and Control Over Resources to MPOs

from DOTsIncreased Share of Revenue to TransitEmphasis on LivabilityEstablishes Freight Improvement ProgramProjects of National SignificanceCreates Office of Public Benefit in FHWA

Critical Asset Investment Program (CAI)Bill Requires DOT to Set Performance

Measures and Targets

CAI Program – Measures Reductions in the Number and Square Footage of Deficient Bridges and % Reduction of Road Lane Miles Rated as Fair or Poor

States Must Make Reports to DOT on Their Progress Meeting These Targets

Unclear What Happens if States Don’t Meet the Target

Office of Public BenefitProtect Public Interest in Toll and PPP ProjectsAdminister and Approve Toll Agreements and

RatesMonitor PPP ComplianceImposes Minimum Requirements on all PPPs

That Have a Federal Funding ElementThe Office Must Approve PPP AgreementsEliminates Non-Compete AgreementsRestrictions on What States Can and Can’t Do Re: Tolling

and Toll RevenueKey Terms of Agreements Must Be Made Public Before

Awarding Contract

Definition of PPPPublic-Private Partnership Agreement

The term “public-private partnership agreement” means a contractual relationship formed between a State or other public entity to operate and maintain a highway facility in exchange for a financial return. Such a return may or may not include the authority to collect and retain toll revenues paid by users of the highway facility.

LivabilityLivabilityOberstar Bill Creates Office of LivabilityDOT Priority TIGER Grant CriteriaDOT Requests $527 Million FY 2010 to

Promote LivabilityUnclear What Livability Is

Senate SituationDrafting Bill Democrat and Republican Staff Working

TogetherInterested in Tying $ to Meeting Performance

CriteriaInterested in Asset ManagementMore Favorable than House on PPPs

TIFIATIFIA is Now Oversubscribed – Picking

Winners and Losers

Administration Focused on Livability and Sustainability

TIGER Grants Included Livability FocusCongress Needs to Increase Size of TIFIA

Program to Fund More Projects

How Does National Infrastructure Bank Idea Impact TIFIA?

Conclusion No Clear PathCould Reduce Bill from 6 Years to 3 YearsCrisis Could EmergeNovember Elections Could Yield New

Majority Party in Congress