DOCSLIB.ORG

Jane Byrne Financial Plan Annual Update 2020

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Jane Byrne Financial Plan Annual Update 2020 Jane Byrne Interchange (D-91-227-13 | P-91-259-12) Financial Plan Annual Update 2020 Financial Plan Seventh Annual Update September 2020 For State Fiscal Year Ending June 30, 2020 www.janebyrneinterchange.org September 2020 Illinois Division 3250 Executive Park Dr. Springfield, IL 62703 (217) 492-4640 www.fhwa.dot.gov/ildiv November 2, 2020 In Reply Refer To: HA-IL Mr. Omar Osman, Acting Secretary Illinois Department of Transportation 2300 S. Dirksen Parkway Springfield, IL. 62764 Subject: 2020 Annual Update of the Jane Byrne Interchange Financial Plan Dear Secretary Osman: The Federal Highway Administration’s (FHWA) Major Projects Team has reviewed the 2020 Financial Plan Annual Update (FPAU) for the Jane Byrne Interchange project, formerly known as the Circle Interchange. The current project total estimated cost, as stated in the 2020 FPAU, is $793.8 million. This represents a $2.7 million decrease when compared with the 2019 FPAU. The overall project completion date reported in the 2020 FPAU is November 1, 2022 which is unchanged from the 2019 FPAU The FHWA finds that the 2020 FPAU meets the requirements of the FHWA Financial Plan Guidance and hereby approves the 2020 FPAU. Please feel free to contact me at (312) 886-1606 if you have any questions. Sincerely, William C. Byars Metropolitan Transportation Engineer ecc: Mr. Anthony Quigley, IDOT District 1 Mr. Brian Kuttab, IDOT District 1 Jane Byrne Interchange (D-91-227-13 | P-91-259-12) Financial Plan Annual Update 2020 INTRODUCTION TABLE OF CONTENTS 1. SUMMARY ............................................................................................................................................................ 1 2. FINANCIAL PLAN OVERVIEW ........................................................................................................................... 17 2.1. Annual Updates .......................................................................................................................................... 17 3. LOCATION OF JANE BYRNE INTERCHANGE PROJECT ............................................................................... 18 4. PROJECT HISTORY .......................................................................................................................................... 21 5. DESCRIPTION OF THE PROPOSED IMPROVEMENTS .................................................................................. 22 5.1. Major Components of Proposed Improvement ........................................................................................... 22 6. PROJECT IMPLEMENTATION .......................................................................................................................... 24 6.1. Project Contracts ........................................................................................................................................ 24 6.2. Contract Implementation ............................................................................................................................ 25 7. PROJECT COSTS .............................................................................................................................................. 31 7.1. Updated Project Cost Estimate ................................................................................................................... 31 7.2. Original Project Cost Estimate .................................................................................................................... 31 7.3. Project Cost Estimate Updates ................................................................................................................... 31 7.4. Evaluation and Summary of Construction Costs ........................................................................................ 35 7.5. Evaluation and Summary of Engineering Costs ......................................................................................... 41 7.6. Evaluation and Summary of ROW Costs .................................................................................................... 47 7.7. Cost Estimate Projections .......................................................................................................................... 47 7.8. Inflation Assumptions ................................................................................................................................. 47 8. PROJECT FINANCING AND REVENUES ......................................................................................................... 49 8.1. Illinois Department of Transportation Funding Sources .............................................................................. 49 8.2. Local Funding Sources ............................................................................................................................... 50 8.3. Funding Commitments ............................................................................................................................... 51 8.4. Cash Flow Analysis .................................................................................................................................... 51 8.5. Public Private Partnerships (PPP or P3’s) .................................................................................................. 51 9. RISKS AND MITIGATION STRATEGIES ........................................................................................................... 53 9.1. Risks Identified and Encountered ............................................................................................................... 53 9.2. Probable Risks Moving Forward ................................................................................................................. 53 9.3. Unknown Factors Affecting Costs ............................................................................................................... 54 10. FINANCIAL PLAN UPDATES ............................................................................................................................. 56 September 2020 i Jane Byrne Interchange (D-91-227-13 | P-91-259-12) Financial Plan Annual Update 2020 LIST OF FIGURES Figure 1-1 Total Cost Estimates by Annual Financial Plan .......................................................................................... 16 Figure 3-1 Location Map .............................................................................................................................................. 19 Figure 3-2 Chicago Metropolitan Expressway System................................................................................................. 20 Figure 5-1 Preferred Alternative ................................................................................................................................... 23 LIST OF TABLES Table 1-1 Costs by Major Project Element (Year of Expenditure Costs in $ Million) ...................................................... 2 Table 1-2 Estimated Construction Costs ........................................................................................................................ 3 Table 1-3 Contract Change Orders ................................................................................................................................ 4 Table 1-4 Fiscal Year 2020 Letting Costs ...................................................................................................................... 7 Table 1-5 Fiscal Year 2020 Construction Cost Updates ................................................................................................ 8 Table 1-6 Estimated Construction Engineering Costs ................................................................................................... 9 Table 1-7 Construction Engineering Supplements ....................................................................................................... 10 Table 1-8 Fiscal Year 2020 Lettings – Construction Engineering Costs ...................................................................... 13 Table 1-9 Fiscal Year 2020 Construction Engineering Updates .................................................................................. 15 Table 6-1 Contract Transition Summary ...................................................................................................................... 24 Table 6-2 Contract Schedule ....................................................................................................................................... 26 Table 7-1 Costs by Major Project Element – (Year of Expenditure (YOE) Costs in $ Million) ...................................... 32 Table 7-2 Project Costs ............................................................................................................................................... 33 Table 7-3 Contract Change Orders .............................................................................................................................. 36 Table 7-4 Fiscal Year 2020 Letting Costs .................................................................................................................... 39 Table 7-5 Fiscal Year 2020 Construction Cost Updates .............................................................................................. 40 Table 7-6 Construction Engineering Supplements ....................................................................................................... 42 Table 7-7 Fiscal Year 2020 Lettings - Construction Engineering Adjustments ...........................................................
Load more

Recommended publications
  • Two Ramps at Jane Byrne Interchange to Open
    FOR IMMEDIATE RELEASE CONTACT Aug. 28, 2020 Maria Castaneda 312.447.1919 Guy Tridgell 312.343.1731 Two Ramps at Jane Byrne Interchange to Open Ike to Kennedy finishes a month ahead of schedule CHICAGO – The Illinois Department of Transportation announced today that two reconstructed ramps will open at the Jane Byrne Interchange. Originally slated to open in October, the ramp from inbound Eisenhower Expressway (Interstate 290) to the outbound Kennedy Expressway (Interstate 90/94) will open, weather permitting, Wednesday, Sept. 2, one month ahead of schedule. The ramp from outbound Ida B. Wells Drive to the outbound Kennedy opens, weather permitting, the week of Sept. 14. “The early completion of the Ike to Kennedy ramp is great progress,” said Acting Illinois Transportation Secretary Omer Osman. “The new ramps will improve traffic flow and help reduce delays for the more than 40,000 vehicles that use them daily. As work continues, we ask for the public’s continued patience, to stay alert, slow down and give their undivided attention going through this and all other work zones.” By 5 a.m. Wednesday, Sept. 2, weather permitting, the ramp from the inbound Eisenhower to the outbound Kennedy will open to traffic and the Taylor Street “Texas U-turn” detour, used during construction, will be closed. Also, prior to the morning rush, the inbound Eisenhower reverts to its original configuration, with the two left lanes continuing to Ida B. Wells Drive, the third lane to access the new ramp to the outbound Kennedy, and the right lane to the outbound Dan Ryan Expressway (Interstate 90/94).
    [Show full text]
  • Weekend Closures for Byrne Flyover Work Start Friday
    State of Illinois Bruce Rauner, Governor Illinois Department of Transportation Randall S. Blankenhorn, Secretary FOR IMMEDIATE RELEASE: CONTACT: August 20, 2015 Guy Tridgell 312.793.4199 Weekend Closures for Byrne Flyover Work Start Friday CHICAGO – The Illinois Department of Transportation today reminded motorists that four weekends of lane closures on the expressway system surrounding the Jane Byrne Interchange in Chicago will begin this Friday. “We have worked closely with the City of Chicago to make sure these upcoming weekends run as smoothly as possible,” said Illinois Transportation Secretary Randy Blankenhorn. “We wish to stress that Chicago remains open for business and people should continue to enjoy all the city has to offer. But they do need to plan accordingly, account for some longer travel times and should strongly consider taking alternate routes or public transportation, especially if they are driving during the overnight hours.” The closures are necessary for the installation of steel beams that will support the deck of the new flyover bridge linking the inbound Dan Ryan Expressway (westbound Interstate 90/94) to the outbound Eisenhower Expressway (westbound Interstate 290), part of the larger overhaul of the Jane Byrne Interchange. To stage and store equipment and materials, the inbound Kennedy Expressway (eastbound Interstate 90/94) ramp to inbound Congress Parkway closed Wednesday night and will remain closed until Aug. 31. A detour route is posted utilizing the Roosevelt Road exit, Jefferson Street, Harrison Street and Wells Street to connect with Congress Parkway. Over the next two weekends, the following ramps and lanes will be closed, weather permitting: Aug.
    [Show full text]
  • First of Jane Byrne Interchange Bridges Opens
    State of Illinois Pat Quinn, Governor Illinois Department of Transportation Erica Borggren, Acting Secretary FOR IMMEDIATE RELEASE: CONTACT: October 6, 2014 Guy Tridgell 312.793.4199 First of Jane Byrne Interchange Bridges Opens New Morgan Street Bridge Includes Pedestrian Improvments,Other Upgrades CHICAGO - The Illinois Department of Transportation (IDOT) announced tonight that the new Morgan Street bridge is now open to traffic. Morgan Street is the first of the nine major bridges crossing the expressway system near downtown Chicago that are being rebuilt as part of Governor Pat Quinn’s $420 million reconstruction of the Jane Byrne Interchange. “Commuters, local residents and business owners will start to see benefits immediately with the new Morgan Street bridge opening,” Acting Transportation Secretary Erica Borggren said. “This is a major milestone for the Jane Byrne Interchange reconstruction. We appreciate the continued patience and look forward to many more improvements to come.” Construction started in September 2013 to remove and replace Morgan Street over Interstate 290 (Eisenhower Expressway) and the Chicago Transit Authority’s Blue Line. The longer bridge includes additional space under Morgan Street to accommodate the other improvements planned as part of overhaul of the Jane Byrne Interchange. Other components of the rebuilt bridge include new sidewalks, modernized traffic signals and improved lighting. In addition to Morgan Street, as part of the Jane Byrne Interchange project, there are eight other cross street bridges that will be rebuilt: Taylor Street, Harrison Street, Van Buren Street, Jackson Boulevard, Adams Street, Monroe Street, Halsted Street and Peoria Street. The new bridges will enhance mobility in the area by including bike lanes, wider sidewalks and improved access to transit.
    [Show full text]
  • Overnight Lane, Ramp Closures at Jane Byrne Start Tomorrow
    FOR IMMEDIATE RELEASE CONTACT Oct. 9, 2020 Maria Castaneda 312.447.1919 Guy Tridgell 312.343.1731 Overnight lane, ramp closures at Jane Byrne start tomorrow As work continues with removal of steel beams at the Adams Street bridge CHICAGO – The Illinois Department of Transportation announced today that as part of the ongoing Jane Byrne Interchange reconstruction, overnight lane closures, accompanied by 15- minute full expressway traffic stops on the inbound and outbound Kennedy Expressway/Dan Ryan Expressway (Interstate 90/94) will begin, weather permitting, Saturday, Oct. 10. The closures are necessary for the removal of the Adams Street bridge and are scheduled for the following nights: • 10 p.m. Saturday, lanes closures begin on the inbound Dan Ryan from Canal Street to Madison Avenue. At 1 a.m., full closures for no longer than 15 minutes at a time will take place on the inbound Dan Ryan. All lanes will fully reopen by 7 a.m. Sunday. The ramps from the inbound and outbound Eisenhower Expressway (Interstate 290)/Ida B. Wells Drive will also be closed during this time. • 10 p.m. Monday, Oct. 12, lanes closures begin on the inbound Dan Ryan from Canal Street to Madison Avenue. At 1 a.m., full closures for no longer than 15 minutes at a time will take place on the inbound Dan Ryan. All lanes will fully reopen by 5 a.m. Tuesday. The ramps from the inbound and outbound Eisenhower/Ida B. Wells will also be closed during this time. • 10 p.m. Tuesday, Oct. 13, lanes closures begin on the inbound Kennedy from Chicago Avenue to Jackson Boulevard.
    [Show full text]
  • Second Weekend of Jane Byrne Closures Start Friday
    Keith Spencer Subject: FW: Second Weekend of Jane Byrne Closures Start Friday Second Weekend of Jane Byrne Closures Start Friday The Illinois Department of Transportation is reminding motorists that the second of four weekends of lane closures on the expressway system surrounding the Jane Byrne Interchange in Chicago takes place starting Friday evening. This weekend's closures will impact the same routes and follow the same schedule as last weekend. "While we understand these closures are an inconvenience, the public's cooperation has been outstanding as well as a critical part of making this project a success," said Illinois Transportation Secretary Randy Blankenhorn. "We continue to stress that Chicago remains open for business. But if you are near the downtown area this weekend, you need to plan accordingly, follow the detours, expect delays and look for alternate routes. Public transportation is highly recommended." The closures are necessary for the installation of steel beams that will support the deck of the new flyover bridge linking the inbound Dan Ryan Expressway (westbound Interstate 90/94) to the outbound Eisenhower Expressway (westbound Interstate 290), part of the larger overhaul of the Jane Byrne Interchange. A time-lapse video from the work that took place last weekend can be viewed at IDOT's YouTube channel and on the project website at www.circleinterchange.org. The following ramps and lanes will be closed, weather permitting: Inbound Congress Parkway (eastbound I-290) at the Byrne Interchange will close at 10 p.m. Friday. Traffic can still access the I-90/94 exit ramps. o A detour will direct traffic to the outbound Dan Ryan's Roosevelt Road exit, Jefferson Street, Harrison Street and Wells Street to connect with Congress Parkway.
    [Show full text]
  • NACTTI Final Report 0.Pdf
    TABLE OF CONTENTS COVID-19 PANDEMIC ................................................................................................................................ 4 EXECUTIVE SUMMARY .............................................................................................................................. 5 THE NATIONAL ADVISORY COMMITTEE ON TRAVEL AND TOURISM INFRASTRUCTURE ................. 11 THE FIXING AMERICA’S SURFACE TRANSPORTATION ACT (FAST ACT) ................................................... 12 STATE OF CRITICAL TRAVEL AND TOURISM INFRASTRUCTURE: ............................................................. 13 The Economic Impact of Travel and Tourism and the Need for Infrastructure Improvement ....... 13 Opportunities Exist to Improve America’s Travel Infrastructure ....................................................... 14 Tribal Lands and National Parks ........................................................................................................... 16 TRAVEL AND TOURISM STATISTICS BY MODE ........................................................................................ 17 Roads ...................................................................................................................................................... 17 Airports ................................................................................................................................................... 18 Passenger Rail .......................................................................................................................................
    [Show full text]
  • Randolph Street Ramp Closure, Inbound Ryan Lane Changes at Jane Byrne
    FOR IMMEDIATE RELEASE CONTACT July 29, 2021 Maria Castaneda 312.447.1919 Guy Tridgell 312.343.1731 Randolph Street ramp closure, inbound Ryan lane changes at Jane Byrne CHICAGO – The Illinois Department of Transportation announced today that as part of the ongoing Jane Byrne Interchange reconstruction, a stage change on the inbound Dan Ryan Expressway (Interstate 90/94) will begin, weather permitting, Monday, Aug. 2. To prepare for the next stage of the project, starting at 11 p.m. Monday, Aug. 2, lanes closures will begin on the inbound Dan Ryan, just north of 31st Street, to facilitate a new lane split. At 1 a.m., full closures for no longer than 15 minutes at a time will take place on the inbound Ryan. By 5 a.m. Tuesday, the new lane pattern will be in place. In the new configuration: • The four inbound Ryan lanes will split near 14th Street, just before Roosevelt Road. • Drivers will be directed by signs and message boards to stay to the right two lanes at the split to access the outbound Eisenhower Expressway (Interstate 290), inbound Ida B. Wells Drive and exit ramps to Madison and Lake streets. • The left two lanes will continue as through lanes and motorists will not be able to exit until Ohio Street. • All lanes merge back at Van Buren Street. The new configuration will allow the northbound center lanes to be built from just south of Roosevelt Road to Ida B. Wells as part of construction on the mainline lanes of the expressway and will remain in place through September.
    [Show full text]
  • City of Bloomington Committee of the Whole Meeting March 19, 2018
    CITY OF BLOOMINGTON COMMITTEE OF THE WHOLE MEETING MARCH 19, 2018 City Logo Design Rationale The symbol for the City of Bloomington is multifaceted in its visual and conceptual approach. Visually the symbol and the City's identity represent a modern progressive style which is consistent with the City's government. The symbol is based on three different concepts which combine to represent the City in a contemporary and appropriate way. First and foremost is the chevron. The City government is a respected agency dedicated to serving the public. In this way, the chevron represents service, rank and authority. The symbol may also be seen as a three dimensional building. This represents growth and diversity in our community. Finally, the flower or plant derived from the original name "Blooming Grove," represents a community that is friendly and safe. Progress and growth are also associated with plant life as well as regeneration and renewal. The symbol's positive upward movement is representative of the City's commitment to excellence! Brief Summary of Five Council Priorities Five Priorities At the September retreat, Council informally selected its top five priorities, and since that time staff has seen that these five areas are the dominant focus of the Council’s policy deliberations. The selected priorities are: 1. Economic Development 2. Infrastructure 3. Financial Planning 4. Reduced Emergency Response Times 5. Downtown Implementation Plan The value in naming priorities is to establish policy direction, make that direction known to stakeholders and guide policy, budget and operational decisions. As we work to develop the City’s FY17 budget, staff would find value in formalizing the five priorities for the next fiscal year.
    [Show full text]
  • Eisenhower Expressway Lane Closure, Next Step in Jane Byrne Interchange Project
    Eisenhower Expressway lane closure, next step in Jane Byrne Interchange Project The Illinois Department of Transportation (IDOT) announced that lane closures will occur along the Eisenhower Expressway (Interstate 290), beginning, weather permitting, the morning of Sunday, May 3, and continuing through the morning of Tuesday, May 5. The closures are for the installation of beams on the Halsted Street Bridge over the northwest and the southwest ramps to the westbound Eisenhower Expressway. This work is part of the ongoing Jane Byrne Interchange Improvement Project, which began in September 2013, and is slated to be completed in Summer 2018. In order to complete the work, the following closures will occur on the early mornings of Sunday, May 3, until Tuesday, May 5. Starting at 1 a.m. Sunday, May 3, there will be 15 minute full stops of the northwest ramp from the Dan Ryan Expressway to the Eisenhower Expressway. Starting at 1a.m., the southwest ramp from the Kennedy Expressway to the Eisenhower will be closed until 7 a.m. on Sunday morning, May 3. The posted detour for the southwest ramp will be to use southbound Dan Ryan Expressway (I90/94) and exit at 18th Street, reenter northbound Dan Ryan Expressway and exit to the northwest ramp to westbound Eisenhower Expressway. Starting at 1a.m., Monday morning, May 4, there will be 15 minute full stops of the northwest ramp from the Dan Ryan Expressway to the Eisenhower Expressway. Starting at 1a.m., the southwest ramp from the Kennedy Expressway to the Eisenhower will be closed until 5 a.m.
    [Show full text]
  • The Old Post Office Building Located at the Southeast Corner of Van Buren Street and Canal Street
    REQUEST FOR PROPOSALS for the purchase and redevelopment of The Old Post Office Building Located at the southeast corner of Van Buren Street and Canal Street Chicago, IL Release: March 16, 2016 Responses Due: June 10, 2016 Issued by: City of Chicago Rahm Emanuel, Mayor Managed and administered by: Department of Planning and Development David L. Reifman, Commissioner EXECUTIVE SUMMARY The City of Chicago, through its Department of Planning and Development (“DPD”), requests the submission of proposals from qualified development teams to purchase and redevelop (a) the property commonly referred to as the Old Main Post Office Building (the “Old Post Office Building”), and (b) the Old Post Office Building’s annex building (the “Annex” and, collectively with the Old Post Office Building, the “Site”). Redevelopment of the Site, beginning with the renovation and reuse of the Old Post Office Building, is the primary objective of this request for proposals (“RFP”). Exhibit A attached hereto contains a Site map, Sidwell map, and list of PINS for the Site. The Site is generally bounded by Van Buren Street on the north, Canal Street on the west, Harrison Street on the south and the South Branch of the Chicago River on the east. The Site is comprised of approximately 484,000 sq. ft. (11.1 acres) of land. The Site is improved with the Old Post Office Building, which is a multi-story, approximately 2,500,000 sq. ft. former post office building on parcels consisting of approximately 289,000 sq. ft. (6.6 acres) of land. The Site is also improved with the Annex, which is a multi-story, approximately 250,000 sq.
    [Show full text]
  • Unclogging America's Arteries 2015
    AMERICAN HIGHWAY USERS ALLIANCE Unclogging America’s Arteries 2015 Prescriptions for Healthier Highways 2015 l WWW.HIGHWAYS.ORG TABLE OF CONTENTS ACKNOWLEDGEMENTS ..................................................................................................................I FOREWORD ......................................................................................................................................II EXECUTIVE SUMMARY .................................................................................................................. IV RANKINGS ...................................................................................................................................... VII ACRONYMS .......................................................................................................................................X CHAPTER ONE: WHY ASSESS NATIONAL BOTTLENECKS? .................................................... 1 WHAT ARE HIGHWAY BOTTLENECKS AND HOW DO WE FIX THEM? .........................2 WHAT CAUSES HIGHWAY CONGESTION? ........................................................................2 WHAT ARE THE EFFECTS OF CONGESTION? ...................................................................3 WHY STUDY HIGHWAY CONGESTION…AGAIN? .............................................................3 OBJECTIVES OF THE REPORT .............................................................................................4 ORGANIZATION OF THE REPORT ......................................................................................6
    [Show full text]
  • Chicago (See Figure 1)
    ATTACHMENT A RIDERSHIP TRENDS ANNUAL REPORT 2020 Prepared by the Division of Strategic Planning & Performance February 2021 I. OVERVIEW Figure 1: 2020 Passenger Trips by Line (Millions of Trips) This report details the trends that influenced Metra system ridership in 2020. Metra is the Commuter Rail Division of the Regional Transportation Authority and 2.3 provides commuter rail passenger service on eleven 0.3 service lines throughout metropolitan Chicago (see Figure 1). Ridership is estimated on a monthly basis 1.6 based on the number and types of tickets sold. 2.6 January and February 2020 saw a combined 1.5 percent ridership increase over 2019. Given this start, mild weather, and a few service initiatives, ridership trends were positive. From the middle of March through the end of the year, most office workers worked from home and 1.5 all major and minor venues were closed in response to the COVID-19 pandemic. Metra recorded its lowest historical monthly ridership in April (down 97%). 1.9 Metra reduced its schedule to provide service for essential workers while monitoring and adding cars or trains to allow for social distancing on trains. Metra cleaning 3.7 crews regularly disinfected coach cars and high traffic areas as stations and hand sanitizers were installed on the 0.2 coach cars. Metra offered free rides to medical personnel until August. As people adapted, the State issued a mask 2.0 requirement, and restrictions began to ease, ridership 2.0 began slowly increasing during May. In June, Metra 0.6 began to offer the $10 All Day Pass which provided a discount to most riders and limited interactions between riders and front-line staff.
    [Show full text]