Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DB
# of Projects: 1
100% of the Results

Background informationProject Created: June 29, 2009

Project Name: 241 Toll Extension, Foothill-South Expansion
Year in Operation:
Sector: Transportation
Subsector: Roads, Transit
Status: Design / Construction
Type: New Facility
Description: The project is an additional 16-mile segment of the Foothill Toll Road system, built by the Transportation Corridor Agencies (TCA) in CA that is intended to relieve traffic on the I-5 and city streets. The Foothill/Eastern Agency (part of the TCA) will be responsible for financing and building Foothill-South.
Delivery Method as described in the country where it's located: Design Build Finance Operate Maintain
Is the project still active: Yes
Comments: The Foothill/Eastern Agency (part of the TCA) will finance the project based on toll revenues from the entire TCA system.

Project Locations

Address:
City: Rancho Santa Margarita
State: California
Country: United States of America

Address:
City: San Clemente
State: California
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Land: The land is owned by the State of California.
Checkbox Checked Environmental Clearance: The project planners are working with the U.S. Fish and Wildlife Service as well as the Environmental Protection Agency. It will be built with sensitivity to the environment (including local parks and beaches). Critics of the project argue that the project is a "toll road to nowhere" and only cuts through valuable state park land.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The project is being planned by the Foothill/Eastern Transportation Corridor Agency (F/ETCA), a public, not-for-profit agency governed by a Board of Directors of elected officials. This entity will be responsible for financing the project and has saved $80 million to go toward the construction. There will also be a mix of toll revenue bonds and potential federal funding.

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for both initial design and construction with a single entity. Public Owner operates and maintains the resulting facility.
Is there an independant checking engineer? No

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Initial Design and Construction
4
2
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: March 9, 2006
Project Value
Hard Cost
Hard & Soft Costs
Construction
< $100 Million US
(none)
Total
$500 Million - 2 Billion US
(none)

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