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Old Posted Dec 20, 2017, 4:20 PM
numble numble is offline
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Join Date: Sep 2006
Posts: 223
Quote:
Originally Posted by numble View Post
During the CEO’s report, it was mentioned that they received a P3 proposal from AECOM-Jones Lang Lasalle (second one is a guess, I couldn’t hear the audio well enough) to accelerate construction of a Vermont BRT.
Quote:
Originally Posted by NSMP View Post
That’s... interesting. I’m dying to see the mechanisms behind some of these proposals. Construction funds are supposed to be available for Vermont by 2024 with completion in 2028. With a breakneck pre-construction and construction schedule maybe it could be done by 2023. But in exchange for what?
Quote:
Originally Posted by NSMP View Post
The story of Measure M so far is that Metro is all in on P3s and the public still has no idea what trade-offs are taking place.
Here's Metro's press release, doesn't look like it has been reported on Metro's blog yet:
https://www.metro.net/news/simple_pr...eliver-advanc/

Quote:
The Los Angeles County Metropolitan Transportation Authority (Metro) has received an unsolicited proposal from AECOM and John Laing, to bring advanced cutting-edge mobility technologies and next generation bus rapid transit to the Vermont Avenue Transit Corridor through a public-private partnership (P3).

Additionally, the proposal could result in early delivery of this critical Measure M project. This is the first proposal Metro has received for this Measure M project and the 11th proposing an alternative delivery method for a major capital project.
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