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OCR for page 51
TRACK 2
Tools and Techniques to Deliver
More Projects Faster
T
his section provides a synthesis of the presenta- enumerated and passed by the state legislature. This
tions and discussions that ensued in Track 2. includes 11 highway corridors, 3 major bridges, and a
This track comprised four individual panel ses- project to improve New Orleans airport access. Basilica
sions during each of which three or four presentations described how the program was stalled until the
were made; in-depth discussion by the presenters and Louisiana Department of Transportation and Develop-
conference participants followed. The discussions ment adopted an innovative project management plan,
were facilitated by a designated discussant. hiring a private-sector program manager to help deliver
the projects. This program is now under way, and the
early results are promising.
SESSION 1: CHARACTERISTICS OF STRONG Basilica described a number of lessons learned from
FINANCIAL PLANNING: WHAT IT TAKES TO the early phases of the TIMED program:
HAVE GOOD DISCIPLINE
· The original program was oversold to the public.
Susan P. Mortel, Michigan Department of Transportation · The department and the legislature were relying
(Moderator) on unrealistic project estimates and schedules.
Barbara Bych, Ambac Financial Group (Discussant) · There was an inappropriate use of debt early in
John Basilica, Louisiana Department of Transportation the program.
and Development · The program was plagued by inadequate planning.
Dane Ismart, Louis Berger & Associates
Jonathan Davis, Massachusetts Bay Transportation From this bleak history, the Louisiana Department of
Authority Transportation and Development developed a compre-
hensive plan that included three components:
Integrating Innovate Financing into the · A legislative plan by which the department would
Transportation Planning Process not proceed until enabling legislation was in place,
· A management plan that called for a program
John Basilica manager approach, and
· A finance plan that incorporated sustainable rev-
John Basilica initiated this session with an overview of enue bonds and an annual financial feasibility review.
Louisiana's TIMED Program: Transportation Improve-
ment Model for Economic Development. The program In conclusion, Basilica noted the importance of
comprises 16 major projects that are constitutionally detailed planning, a creative management team with
39