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Performance Driven: Achieving Wiser Investment in Transportation

Performance Driven: Achieving Wiser Investment in Transportation. National Transportation Policy project. Consolidate Interstate Maintenance National Highway System Bridge Program ½ Surface Transportation Program Fixed Guideway Modernization Structure Mode-neutral

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Performance Driven: Achieving Wiser Investment in Transportation

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  1. Performance Driven: Achieving Wiser Investment in Transportation National Transportation Policy project

  2. REPORT ORIGIN

  3. PRIORITIZATION CRITERIA

  4. Recommended consolidated program structure

  5. recommended existing program elimination

  6. Asset Management program ($20 billion) • Consolidate • Interstate Maintenance • National Highway System • Bridge Program • ½ Surface Transportation Program • Fixed Guideway Modernization • Structure • Mode-neutral • Emphasis on preservation • Emphasis on investments able to demonstrate progress towards national goals through a reformed planning process • Distribution • Via formula • Bonus funding for reporting performance data on national goals

  7. Metropolitan Accessibility Program ($11 billion) • Consolidate • ½ Surface Transportation Program • Congestion Mitigation and Air Quality (CMAQ) • Urbanized Area Formula (UAF) Grants • New Starts and Small Starts • Bus and Bus Facilities • Value-Pricing Pilot Program • Ferry Boats and Terminal Facilities • Structure • Mode-neutral • Emphasis on investments able to demonstrate progress towards national goals through a reformed planning process • Emphasis on programmatic investment in metro regions that generate economic returns • Distribution • Via formula with some flowing directly to metropolitan regions • Bonus funding to reward non-federal investment and congestion pricing

  8. State & Metropolitan Planning Program ($700 million) Consolidate • Metropolitan Planning Program (set-aside from core programs) • Planning Programs (Metropolitan and Statewide) • Alternatives Analysis Program Structure • Outcome-oriented instead of process oriented • Greater emphasis on prioritization of investments, programmatic perspective, and operational improvements Distribution • Via formula to states and metro regions • Supplemental grants to incentivize collaboration

  9. Data, Research, and Education ($600 million) • Consolidate • Surface Transportation Research Program • Training and Education • Bureau of Transportation Statistics • University Transportation Research • Intelligent Transportation Systems Research • National Transit Database • National Research Programs • Transit Cooperative Research • National Transit Institute • University Centers Program Structure • Structure • Combines overlapping federal programs • Emphasis on metrics, data, and tools for evaluating performance

  10. Freight Improvement Program ($2.35 billion) • Consolidate • National Corridor Infrastructure Improvement Program • Coordinated Border Infrastructure Program • Projects of National and Regional Significance (PNRS) • Truck Parking Facilities • Freight Intermodal Distribution Pilot Program • Structure • Mode-neutral • Emphasis on multimodal investment programs • Emphasis on need for a national freight policy • Distribution • Primarily via competitive discretionary grants • Some funds via formula

  11. Federal Support for Supplemental Revenue ($750 million) • Consolidate • Transportation Infrastructure Finance and Innovation Act (TIFIA) • Existing Technical Assistance • Structure • Mode-neutral • Emphasis on leveraging state, local and private funding • Emphasis on reducing federal barriers and providing the tools for greater non-federal investment • Distribution • Provides a range of tools, largely on a project-specific basis • Bonus funding available for incentivizing states to secure sustainable flow of revenue

  12. Federal Support for Supplemental Revenue • A Reduced Federal Program Increases National Interest in: • Assuring best leveraging of federal funds • Supporting sustainable state revenue • Three Key Components of FSSR Program • Remove federal barriers (notably tolling and other restrictions) • Expand and Improve TIFIA and other financing tools • Increase TIFIA cap ($450M and loosen restrictions) • Tax Code incentives (PAB, PBB, QTCB, SIBS) to promote private participation • New toll and user-fee discretionary grant assistance program ($200M) • Reward Generation of Sustainable Revenue with MOE Scoring • Develop new MOE program ($100M)

  13. closing words • Limited resources provide an opportunity to shape a • performance-based federal transportation program • with targeted investments able to leverage non- • federal resources.

  14. Performance Driven: Achieving Wiser Investment in Transportation National Transportation Policy project

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