A spate of badly needed roadwork in Los Angeles could get bundled into a singular public-private partnership (PPP) with a 30-to-35 year availability payment arrangement.
The Los Angeles County Metropolitan Transportation Authority (LACMTA) is asking for industry feedback on the planned PPP – devised by InfraConsult – and will host a forum on Monday, July 9. The forum will take place from 9 a.m. to 11 p.m., Pacific Standard Time (PST) in the Gateway Building, in Los Angeles.
The authority is especially open to considering a design, build, finance, operate and maintain (DBFOM) model for its multifaceted highway project, offering to hear out any DBFOM proposal separately.
LACMTA said the possible PPP has a total cost ranging from $630 million to $770 million and has “funding committed [and has been] cleared environmentally”. Gap completion, capacity enhancement, pavement rehabilitation and sound wall construction would be covered within the PPP, the authority said.
In addition, the LACMTA is mulling a potential 13.5-mile high occupancy toll (HOT) lane as part of the PPP, the authority said.
In particular, the PPP would include the Interstate 5 (I-5) North Capacity Enhancement Project, the I-5 North Pavement Rehabilitation Project, the State Route 71 (SR-71) Gap Project – Intestate 10 (I-10) to Mission Boulevard, and the SR-71 Gap Project – Mission Boulevard to Rio Rancho Road.
Also included in the PPP is what the LACMTA has termed Soundwall Package 10 and Soundwall Package 11.
The I-5 North Capacity Enhancement Project would extend capacity on I-5 north of L.A. via a 13.5-mile HOT configuration. I-5 would also be repaved under the I-5 North Pavement Rehabilitation Project. The SR-71 Gap Project would link SR-71 with a segment from Rio Rancho Road to Mission Boulevard as well as a segment from I-10 to Mission Boulevard.
Lastly, the Soundwall 10 Package would be a 20,000-foot noise barrier constructed along Interstate 210; the Soundwall 11 Package is a 29,000-foot noise barrier on State Route 170.