For the fifth consecutive year, Urban Engineers has been engaged to provide an independent assessment of Denver Regional Transportation District’s (RTD) 2012 FasTracks Financial Plan.
With a current budget of approximately $7.8 billion, the FasTracks program is one of the nation’s largest, active mass transportation initiatives featuring over 28 miles of light rail, 94 miles of commuter rail, and 18 miles of bus rapid transit improvements to be developed between 2005 and 2022. As part of legislation passed in Colorado at the origin of the FasTracks program, the regional Metropolitan Planning Organization, the Denver Regional Council of Governments (DRCOG), has been tasked with the responsibility of continually assessing and evaluating the FasTracks project on an annual basis.
DRCOG has contracted with Urban Engineers in association with Jeffrey Parker & Associates, Inc., to provide an assessment of the FasTracks program. Urban’s scope of work encompasses an independent and objective evaluation of RTD’s financial plan, including capital and operating cost assessments, revenue and financing assessments, and an overall evaluation of the plan.
Urban’s work will culminate in a report and presentation to DRCOG’s board members as part of its fiduciary role in approving the progression of the FasTracks program.
“Having Urban recognized by DRCOG, RTD, and the Denver region in this repeat engagement, provides a sense of comradery and pride with the success and progression of the project,” said Urban’s John Holak, Deputy Director of Transit and Passenger Rail. “This nationally recognized project provides Urban the opportunity to display it’s depth of knowledge, evaluative skills, and objective and dependable services to a large and diverse audience.”
For more information regarding Urban’s Program Management and Program Estimating services, contact John Holak, Deputy Director of Transit and Passenger Rail – email@example.com.