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Results Chart for Delivery Method and Financing
Background informationProject Created: September 16, 2008
Central Link Light Rail, Beacon Hill Project
Year in Operation:
Transportation Terminal, Transit
Design / Construction
Underground station for a light rail system.
Delivery Method as described in the country where it's located:
Construction Manager at Risk
Is the project still active:
One segment of a rail system expansion to the Seattle airport from downtown.
United States of America
Souces of Project Support (Non-monetary)
Revenue Stream (Cash Flow) Created Through Initial Commitment of Public Sponsor(s)
: FTA funds, local sales tax increase.
Souces of Project Support (Monetary)
From Public (Government) Sources to Producers: FTA and Regional transportation system
Direct Cash Support: FTA financial aid. Regional support is through a sales tax increase.
From Public Sponsor of Project - Direct Expenditure of Appropriated Public Funds
Borrowed from Capital Markets: From the obligated cash flow of the sales tax increase.
Rated by Standard & Poors: I don't know.
Project Delivery & Finance Method
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Construction Manager At Risk Variants: Public Sponsor contracts with Construction Manager At Risk while design is in process.
Term for Key Components & Forms of Contract
Initial Design and Construction
Local transit agency has its own standard contract form.
Project Value (If and As Known)
Date of Estimated Project Value: September 16, 2008
$250 Million - 1 Billion US
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