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 30, 2009

Project Name: State Route 73/San Joaquin Hills Toll Road
Year in Operation: 1996
Sector: Transportation
Subsector: Roads, Electronic Vehicle ID / Toll Collection, Bridge, Transit
Status: In Operation
Type: New Facility
Description: 12 mile toll road opened in 1996 running parallel to the Pacific Coast Highway between I-5 and I-405, operating as a congestion reliever, with 10 interchanges and 68 bridges.
Delivery Method as described in the country where it's located: Design Build
Is the project still active: Yes
Comments: Owned and operated by the Transportation Corridor Agencies. The TCA spent $67 million on environmental mitigation including 262 acres of planting of coastal sage for endangered species of birds, 4 wildlife underpasses, and 27 acres of new swamp.

Project Locations

Address:
City: Newport Beach
State: California
Country: United States of America

Address:
City: San Juan Capistrano
State: California
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: The land is owned by the state of California and the San Joaquin Hills Transportation Corridor Agencies (SJH-TCA).

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The project is funded by the SJHTCA, an agency formed in 1986 for the designing and building of the tollway, and the state government. Toll collection revenues are used to retire project debt and to fund operating costs.

Arrow Right
Checkbox Checked

Direct Cash Support: $1.2 billion was borrowed by the TCA via sale of revenue bonds. $110 was contributed from state and federal government funds and about $31 million was used from developer impact fees.

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? Yes

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
5
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: July 1, 1996
Project Value
Hard Cost
Hard & Soft Costs
Total
$500 Million - 2 Billion US
(none)

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