Innovative Project Delivery - Sustainability and Corporate
Transcription
Innovative Project Delivery - Sustainability and Corporate
A CH2M HILL COMPANY Innovative Project Delivery Turnkey Transportation Infrastructure Solutions Public-Private Partnerships | Transaction Advisory | Strategic Policy & Procurement | Risk Management Technical Advisor | Performance Improvement & Value for Money | Investment Grade Demand and Revenue Economic Analysis & Life Cycle Modeling | Strategic Asset Management | Regulatory Impact Assessments 2012 World’s Most Ethical Companies Innovative Project Delivery Services CH2M HILL is proud to have been recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies for the fourth year (2009, 2010, 2011, and 2012). This award recognizes CH2M HILL’s advancement of best practices in business ethics, compliance practices, and corporate social responsibility. As governments around the world struggle with decreased revenue and increased demands, a constant refrain is the need to find innovative ways to implement critical infrastructure projects and programs. With a global reputation for innovative project delivery, CH2M HILL and Halcrow, a CH2M HILL company, specialize in assisting clients with the selection and delivery of major transportation infrastructure projects, very often within complex financial constraints. We are at the forefront of structuring public-private partnerships (P3s) in which risk is tightly controlled, asset performance is assured and shareholder value is maximized. And as a full-service transportation planning, design, design-build, construction and program management industry leader, CH2M HILL offers turnkey innovative project delivery solutions, from initial concept to procurement and financing, and on to construction and operation. Combined with our unparalleled global knowledge of transportation infrastructure and asset management, we offer clients exceptional service and exceptional value. Full Life Cycle Asset Service: from Concept, through Life of Asset, to Decommissioning Conceptual Phase • Economic analysis & life cycle modeling • Revenue and demand studies • EIS development • Concept design & costing • Feasibility studies • Project financing option analysis • P3 deal structuring • Financial modeling • Risk analysis • Business case development Procurement Phase – the transaction process • Regulatory impact assessments • Procurement analysis • Procurement management • RFP/ RFQ drafting • Financial modeling • Business economics and strategy • Business case review • Cost and schedule development and analysis Denver Eagle P3 Project — Denver Regional Transportation District (RTD) Construction & Operational Phase • Asset management • Life cycle development and modeling • Planned preventive maintenance modeling • Owner’s technical advisor • Funder’s technical advisor Goethals Bridge Replacement Project — Port Authority of New York and New Jersey (PANYNJ) Goethals Bridge Replacement Project, Port Authority of New York and New Jersey (PANYNJ) Halcrow has been instrumental in developing the alternative finance and project delivery solution for the PANYNJ’s Goethals Bridge Replacement Project. The 80-year-old bridge that links Staten Island to New Jersey is a key regional crossing for commuters and goods movement. The Halcrow team collaborated closely with PANYNJ staff to select a Design-Build-Finance-Maintain delivery model that would allow the PANYNJ to retain operational control of the new bridge; would encourage the private sector to manage key construction, life cycle and financing risks; and would allow technical innovations within project constraints to deliver a high-quality and cost-effective new bridge. Following acceptance by the PANYNJ of the delivery model, Halcrow was retained as procurement engineer and is advising and supporting the PANYNJ project team on development of the procurement strategy, technical requirements, and management of the project delivery program. IH 35 & IH 69 Corridors and IH-635 Managed Lanes, Texas Department of Transportation (TxDOT) Halcrow has been assisting TxDOT with strategic procurements, including the structuring of two comprehensive development agreements for implementing multi-modal corridors along IH 35 and IH 69. Halcrow has advised on procurement strategy and processes, and developed technical documentation based on the firm’s international expertise with performance specifications for designbuild, operations, maintenance, and quality. Halcrow also provided transaction advice to TxDOT for the IH-635 project, a complex $2.7-billion urban managed lanes initiative in Dallas. Halcrow developed payment mechanisms, the approach to commercial terms, and the approach to risk management and mitigation. While assisting in the structuring of the project, Halcrow also developed a non-compliance strategy to encourage developer performance and quality, and supported TxDOT with the appraisal of alternative technical concepts and proposals, enabling a successful competitive procurement and close of finance. Solutions developed by Halcrow now serve as models for other P3 projects in the U.S. and abroad. Denver Eagle P3 Project, Denver Regional Transportation District (RTD) Halcrow is providing Independent Engineer and Lenders’ Technical Advisory services on the Denver RTD’s FasTracks Eagle P3 Project—the first-of-its-kind P3 railroad project in the U.S. The project comprises the design, construction, finance, operation and maintenance of three new commuter rail lines and a new operational control and maintenance facility. The East Corridor will provide improved access to Denver International Airport from downtown Denver. The Gold Line and a short segment of the Northwest Rail Electrified Segment will connect the cities of Arvada and Wheat Ridge and the communities in Adams County with downtown Denver. Revenue service is expected to begin in 2016. This new marquee project lays the foundation for all future rail P3 projects in the U.S. Evergreen Line Rapid Transit — British Columbia Ministry of Transportation and Infrastructure Evergreen Line Rapid Transit, British Columbia Ministry of Transportation and Infrastructure The Evergreen Line is a planned 6.8-mile-long rapid transit line of the South Coast British Columbia Transportation Authority (TransLink) in Vancouver, British Columbia. It will run from Lougheed Town Centre SkyTrain Station in Burnaby through Port Moody to Coquitlam. The transit line will begin operations by the end of 2014 and serve 70,000 passengers per day by 2021. CH2M HILL is serving as the owner’s engineer for the British Columbia Ministry of Transportation and Infrastructure. Preliminary services included project definition, business case preparation, reference concept design, procurement planning, and preparation of the request for qualifications and request for proposal documents. Chicago Midway International Airport, Confidential Client CH2M HILL provided the due diligence work that was necessary to produce a competitive bid for one of the teams submitting for the private management of Midway Airport. Primary project components included the recommendation of a private organizational structure, recommendations on areas of potential cost savings, and the development of a 99-year operating expense database that was sensitive to all possible operating expense fluctuations. CH2M HILL’S privatization analysis on Midway Airport identified a potential $30-million reduction in annual operating expenses. I-95 Corridor Program, Pennsylvania Department of Transportation (PennDOT) CH2M HILL is supporting a 10-year program of redevelopment projects for the 57-mile I-95 corridor in the State of Pennsylvania. The scope of work includes program management and design management. In addition, CH2M HILL is advising PennDOT on funding and financing strategies, including an overall financial plan, procurement methodology, tolling strategies, alternative project financing, and strategic consensus development to gain political/public support for new funding sources and alternative project delivery mechanisms. Chicago Midway International Airport Windsor Essex Parkway, Infrastructure Ontario and the Ministry of Transportation Ontario The Windsor Essex Parkway represents Ontario’s single largest highway investment. This $1.6-billion, 6.8-mile-long project will connect Highway 401 to the planned Detroit River International Crossing, and ultimately to the U.S. interstate system. This is a critical link for international trade, as the current Windsor crossings serve as the transportation routes for 28 percent of Canada’s trade with the U.S. CH2M HILL is the technical advisor for the development, procurement, and contract implementation of the Windsor Essex Parkway. The project is being procured under an alternative finance and procurement P3 model, with a partnership agreement between the public and private sectors for design, construction, finance, and long-term maintenance of the corridor. Highway 407 East Extension Project, Infrastructure Ontario The $1.5-billion extension project in the Greater Toronto Area comprises 31 miles of new east-west roadway and 12 miles of new north-south roadway. The 407 East Extension will better serve residents and businesses along the highway route, relieve congested areas of Highway 401, and allow efficient movement of goods and people across Ontario. A multidisciplinary CH2M HILL-led team is serving as both combined technical advisor and owner’s engineer for the technical development, procurement, and contract oversight for Infrastructure Ontario’s P3 procurement of the design-build-finance-maintain project. Anacostia Waterfront Initiative, Washington D.C. Department of Transportation The Anacostia Waterfront Initiative integrates multiple transportation, land use, and economic development projects in the southeastern sector of Washington, DC, with special emphasis placed on the development and revitalization of the Anacostia Waterfront. CH2M HILL is the program manager for the $800+ million in transportation improvements related to the initiative. In addition, we are serving as an advisor on the project’s financial plan, including alternative project delivery; funding and financing strategies; and strategic consensus development to gain political/public support. Chicago Skyway Toll Bridge, Skyway Concession Company Halcrow acted in the role of Lenders’ Advisor on the Chicago Skyway Toll Bridge providing traffic and revenue forecasting and technical due diligence services to the bank club financing the winning bid team of Cintra/Macquarie. This was the first privatization of an existing toll road anywhere in the U.S. Halcrow’s role was central to the bid, enabling the bidder to raise the debt needed to complete the deal. Halcrow audited the concessionaire’s proposals for construction, maintenance and operation of the highway, reporting their findings to potential lenders. Halcrow is continuing the Lenders’ Advisor role, auditing capital and operational expenditure and draw down of debt following re-financing of the loan by Assured Guaranty. Deh Cho Bridge, Sun Life Assurance Company of Canada and Ontario Teachers’ Pension Plan Fund The Government of the Northwest Territories entered into a P3 with the Deh Cho Bridge Corporation to develop a bridge to span the Mackenzie River near Fort Providence. The $200-million Deh Cho Bridge is a 3,175-foot-long crossing that will replace the Merv Hardie Ferry and the Mackenzie River Ice Crossing operations. Elgin O’Hare–West Bypass Project, Illinois Department of Transportation This $3-billion transportation expansion project encompasses more than 60 miles of roadway improvements, including construction of the new Elgin-O’Hare Extension and West Bypass with a new westerly multimodal transportation gateway to O’Hare International Airport. I-15 Corridor System Master Plan, Nevada Department of Transportation The Departments of Transportation in California, Nevada, Arizona, and Utah formed a cooperative alliance to develop a long-range multimodal transportation system Master Plan that will address current and future mobility needs along the I-15 corridor from Southern California to northern Utah. CH2M HILL is leading the team developing the long-range multimodal transportation system vision, governance, and project prioritization needed to serve all modes of transportation along the corridor. Having delivered the Tier 1 Environmental Impact Statement (EIS), CH2M HILL is now working on the Tier 2 EIS which includes advising on the potential to deliver the project using a public-private partnership model, high-level financial modeling of illustrative P3 scenarios, review of existing funding sources, and identification and analysis of potential new funding mechanisms. Deh Cho Bridge was the first major infrastructure project of its type led by a First Nations developer in Canada. CH2M HILL served as an independent engineer to the project and as a special advisor to the lenders. Our preliminary services included lender’s due diligence prior to financial close. As part of the Master Plan, CH2M HILL is advising the alliance in identifying alternative funding mechanisms such as tolling, local option fuels and sales taxes, and vehicles miles traveled fees, as well as alternative financing and delivery mechanisms such as P3 to deliver and finance the needed transportation infrastructure improvements along the I-15 corridor. I-15 Corridor System Master Plan — Nevada Department of Transportation Chicago Skyway Toll Bridge — Skyway Concession Company P3 Business Management Services — Virginia Department of Transportation (VDOT) Contracts Advice — UK Highways Agency (HA) P3 Business Management Services, Virginia Department of Transportation (VDOT) VDOT selected Halcrow to provide business management services, across all modes of transportation, starting in 2007. Halcrow’s responsibilities included developing negotiation strategies, conducting negotiations, providing expertise on business and policy decisions, developing reports and contract language, and overseeing contract management and administration. In 2010, Halcrow was also appointed to develop project selection guidelines including a Value for Money guidance manual, published by VDOT, which is the first of its type in the U.S. Most recently, Halcrow was selected by the Commonwealth of Virginia’s Office of Transportation Public-Private Partnerships (OTP3) to support the OTP3 with business management and financial services capabilities. The OTP3 has been charged with creating an environment that encourages private investment in Virginia’s infrastructure and proactively identifies, assesses, and implements the commonwealth’s priority transportation projects. Contracts Advice, UK Highways Agency (HA) Since 1994, Halcrow has continuously supported the HA in developing project business cases and developing and implementing procurement strategy and processes for all of the HA’s privately financed road projects, including the M25. Halcrow has been at the forefront of the development of design-build-finance-and-operate (DBFO) contracts for the HA since they were first put forward as a procurement option. P3 Policy Study, Ohio Department of Transportation (ODOT) ODOT appointed Halcrow to lead a team of technical, legal, and financial advisors undertaking a P3 policy study. The scope of work includes review of legislation to determine permissible activities under the current law, the provision of best practice papers based on national and international practice as they relate to implementation of a policy in Ohio, and assisting ODOT with the development of a comprehensive policy for screening projects and implementation of public private partnerships. Halcrow’s recommendations will provide ODOT with information required to evaluate and rate P3 proposals. P3 Strategic Advice, Illinois Department of Transportation (IDOT) Halcrow was appointed as technical advisor on the team providing strategic and financial planning assistance for alternative contracting methods to IDOT. As IDOT evaluates options for meeting the state’s growing transport needs, design-build and P3 models are recognized as important tools for realizing the strategic vision. Halcrow’s work with other jurisdictions is allowing IDOT to leapfrog many steps by drawing on the experience of other states in developing their policies and procedures. Halcrow’s scope also includes screening planned projects for alternative contracting suitability. Following award of the first eight DBFO Contracts in 1996, HA established a Post Contract Management Coordination Group whose responsibilities were to monitor and review the management of DBFO Contracts. Halcrow has been represented on the Group since 1997 and is now fundamental to its operations providing necessary resources, experience, and key skills to undertake tasks such as technical reviews, training for specific individuals, producing guidance manuals, and provision of technical advice to HA contract managers. M25 Beltway, UK Highways Agency (HA) The UK’s $10-billion, 30-year P3 project, the largest privately financed highways initiative in the world, comprises the operation and maintenance of 249 miles of M25. This is one of the busiest motorway and trunk road networks in Europe, and includes the design and widening of more than 37 miles motorway. Halcrow has been at the forefront of developing new and innovative asset management, performance, payment, and handback procedures that deliver maximum value for money and meet the existing and future business objectives of the HA. For the M25 project, Halcrow has also monitored the performance of the contractor during the design, construction, operation and maintenance stages, and has provided contractual support necessary to ensure compliance and successful delivery of the Agency’s objectives. Sea-to-Sky Highway Improvements — British Columbia Ministry of Transportation and Infrastructure Sea-to-Sky Highway Improvements, British Columbia Ministry of Transportation and Infrastructure The award-winning $600-million Sea-to-Sky Highway Improvement Project involved making safety, mobility, and reliability improvements to the highway linking the City of Vancouver with the resort municipality of Whistler, approximately 62 miles to the north. The project was successfully completed in the fall of 2009, in time for the 2010 Winter Olympic Games. Golden Ears Bridge, South Coast British Columbia Transportation Authority (TransLink) The award-winning $800-million Golden Ears Bridge Project involved the design-build of a 3,175-foot-long, six-lane, cable-stayed bridge across the Fraser River in Vancouver. This signature bridge provides a quick, easy, and convenient link for the community, and it enhances the economic competitiveness of the Lower Mainland by opening up access to employment, markets, services, and recreation. The Sea-to-Sky Highway Project represented the first time that the P3 delivery model was used to deliver transportation infrastructure in the Province of British Columbia. CH2M HILL managed the advisory team, led the procurement process, and represented the government as the design-build-finance-operate contracts manager. The Golden Ears Bridge Project was developed under a P3 delivery model between TransLink and the Golden Crossing General Partnership, which included CH2M HILL in a fully integrated designbuild joint venture with Bilfinger Berger Civil. Canadian Council for Public-Private Partnerships: Gold Award for Infrastructure Canadian Council for Public-Private Partnerships: Silver Award for Infrastructure Golden Ears Bridge — South Coast British Columbia Transportation Authority (TransLink) A CH2M HILL COMPANY About CH2M HILL Headquartered near Denver, Colorado, USA, employee-owned CH2M HILL is a global leader in consulting, design, design-build, operations, and program management for government, civil, industrial and energy clients. The firm’s work is concentrated in the areas of water, transportation, environmental, energy, facilities and resources. With US$6.4 billion in revenue and 30,000 employees, CH2M HILL is an industry-leading program management, construction management and design firm, as ranked by Engineering News-Record and named a leader in sustainable engineering by Verdantix. The firm has been named a FORTUNE 100 Best Companies to Work For five times. Visit us at www.ch2mhill.com, twitter.com/ch2mhill and facebook.com/ch2mhill. Steve McDonagh Director +1 512.249.3358 [email protected] Charles Nicholas U.S. Sales +1 646.644.7589 [email protected] Graeme Green Canada Sales +1 604 417.0112 [email protected] ch2mhill.com/transportation © 2012 CH2M HILL TBG060512012324DEN Jonathan Startin Project Delivery +1 512.249.3379 [email protected]