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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