GIANTS JUMP ON DULLES BUS/RAIL PROJECT

Raytheon Infrasturcture and a competing consortium led by Bechtel Infrastructure have made unsolicited proposals for turnkey development of a phased, bus/rail rapid transit system to help decongest the rapidly urbanizing corridor from Tysons Corner to Dulles International Airport (DIA) in northern Virginia. Both private developers offer to reduce the public development risk and accelerate delivery of the first-phase bus rapid transit system and subsequent 22-mi (35-km) extension of the capital region's Metrorail system through Fairfax County to DIA and eastern Loudoun County. No action is expected to be taken on either of the unsolicited conceptual proposals and financing plans until after the Dulles Corridor Task Force finishes its work defining the service, ownership, and funding of the project. As planned now, express bus service on dedicated routes will be established quickly in order to feed a new express bus/parking/intermodal system capable of serving approximately 50,000 passengers per day by 2002. The regional policy goal is to provide one-vehicle transit trips along preferred or exclusive rights-of-way. That rail-like bus system would be replaced starting in 2005 by a rail transit system capable of serving about 100,000 passengers per day by 2010. Raytheon's proposal includes a substantial contribution to the funding, single-source responsibility under a fixed-price design/build/operate/maintain contract, and financing options. Bechtel offers a full scope of fee-based services to enable and direct the public planning process. It also offers a way to help pay for them, with early formation of a 1,500-acre (607-ha) special tax district to collect up to 20 cents per $100 of assessed value in Tysons Corner.

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  • Corporate Authors:

    Public Works Financing

    147 Elmer Street
    Westfield, NJ  United States  07090-2433
  • Publication Date: 1999-2

Language

  • English

Media Info

  • Pagination: p. 6-8
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00762835
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Apr 26 1999 12:00AM