Project delivery and revenue strategies
We should consider a range of approaches to paying for and delivering projects so that we can provide benefits more quickly and extend the reach of existing and new resources. For example, we can streamline project delivery through public private partnerships and design build contracts so that project schedules and budgets can be managed more effectively. The SFTP also includes strategies for seeking new revenues.
Draft Policy Recommendations
- Work with the Mayor’s 2030 Transportation Task Force to identify near-term new locally-controlled revenues
- Advocate for top SF priorities and for maximizing SF’s share of discretionary federal, state, and regional revenues
- Advocate for new revenues at the federal, state and regional level that can support transportation capital (especially SOGR) and operating needs
- Advocate for increased SF share of State Highway Operations (SHOPP)(SOGR) funding
- Advocate for fair share of state cap-and- trade revenues for transportation; eligible uses should include transit SOGR and operations and cost-effective GHG reduction strategies
- Support value capture funding strategies in lieu of redevelopment funds
- Serve as a resource on project delivery and innovative finance
- Advocate to maintain and expand project delivery methods including P3 and design-build
- Seek public private partnerships to help fund construction and maintenance of Better Market Street improvements
- Work with the City, TJPA, Caltrain, and MTC to solidify the plan for delivering the Caltrain Downtown Extension to the Transbay Transit Center
- As the Transportation Authority, conduct more performance monitoring (e.g. spatial transit reliability) and evaluation (before/after studies)
|SFTP INVESTMENT PLAN
||SFTP INVESTMENT VISION
Baseline and Expansion Projects.
Major capital projects in the Baseline include: Transbay Transit Center/ Caltrain Downtown Extension, Central Subway, Van Ness BRT, Caltrain Electrification, and Presidio Parkway
Discretionary major projects that can may be good candidates for innovative funding or delivery include: Better Market Street; the Bi-County Program; the M-Line West Side Alignment and Grade Separation
In addition to the above, implement up to $1.5 billion of the City’s long range transit network development priorities for BART, Caltrain, and Muni.