HomeMy WebLinkAbout20003229.tiff -1-70 Public Highwa9 Authoritc�
-- ['EC 1 L# 9: 23 Quarter{9 Update
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Quarterly report July 1 - September 30, 2000
A progress report on
Segment IV construction
C'0%56%y
/a>_ jy_ ICYD November 15, 2000
2000-3229
About the Tollway
E-470 is a toll highway that runs along the eastern perimeter Support Site"E" to be included in the contract,and clarified
of the Denver metropolitan area. Presently,the road extends contract language should the contractor make any
34 miles from State Highway C-470 at 1-25 in Douglas County archaeological or paleontological discoveries.The Third
on the south,runs east then north through Aurora,passes along Amendment clarified contract language which increased the
the western edge of the Denver International Airport,and percentage of mobilization costs within the contract price,
terminates at 120th Avenue just west of Tower Road in Adams granted early access to selected right-of-way parcels and
County clarified contract language regarding oil and gas facilities.
The E-470 Public Highway Authority ("the Authority")
consists of eight member jurisdictions: Adams, Arapahoe and Fixed Contract Price
Douglas counties and the cities of Aurora,Brighton,Commerce The total price to be paid to the design-build contractor for
City,Parker and Thornton. Affiliate,non-voting members are the performance of all of its obligations with respect to the
the cities of Arvada,Broomfield and Greeley,and Weld County. Segment IV project is $232,948,227. The contract price includes
Ex-officio members are the Colorado Department of all design,construction,supervision,equipment,materials,labor,
Transportation,Denver Regional Council of Governments and and services relating to the design-build contractor's obligations
the Regional Transportation District. under the design-build contract (including all equipment and
services provided by sub-contractors and vendors and intellectual
property rights necessary to perform the work).
About the Project Guaranteed Completion Dates
The design-build contractor is obligated to achieve final
Segment IV,the final portion of the highway to be constructed, acceptance of the Segment IV project by the date that is 1,124
will connect E-470's present northern terminus at 120th Avenue days (June 10,2003) from the date of issuance of notice to
with 1-25 on the north near the 157th Avenue alignment in proceed with Phase III work. The design-build contractor is
Thornton. required to achieve substantial completion of Sub-Package BI
A Segment IV design-build contract was signed in January (120th Avenue to US 85) by 850 days (September
g g S Y ( P 9,2002)
2000 between MKK Constructors (MKK) and the Authority. from the date on which the Authority gives notice to proceed
MKK,a joint venture between Morrison Knudsen and Kiewit on Phase II for Package B,and on all of Package B by 1,034
Western,is designing and building the final portion. (See page days (March 12,2003) from the date on which the Authority
2,design-build contractor.) Construction is scheduled to be gives notice to proceed on Phase III for Package B.
completed in 2003.
Engineering Oversight
Design-Build Contract To assist with design review and construction oversight during
"Design-build" describes a project delivery method of the term of the Segment IV design-build contract,the Authority
enhancing the likelihood of timely project completion and cost has retained the services of O'Brien Kreitzberg,Inc.as Project
control by permitting a variety of aspects of a project,including Oversight Engineer.
design,obtaining governmental permits and right-of-way, 1 J
subcontractor bidding,procurement and construction,to occur N i• L,y♦�
concurrently rather than in sequential completed steps. The ss v ♦ ® /l ≥
Authority successfully constructed Segments II and III under a laamno n,K ml a O
design-build contract. Avenue136mz ♦♦ ,
The design-build contract was signed on January 27,2000. �i
Notice to proceed was given to the design-build contractor in 128th Avenue • .
three phases during the first two quarters of 2000. The 121thAvenu- ■
Authority and the design-build contractor entered into the "°UiAve""r 20th
second and third change orders during the third quarter of 1 2th Avenue
2000.
Two Amendments (The second and third amendments to the I°athAvenue "'a`hAvenue
design-build contract) were entered into during the third 100th Avenue 96th Avenue z
quarter.The Second Amendment established a Dispute J
Resolution Board,extended a timeline for Maintenance 76
Map of E-470 Segment IV.
3
On the Road
E-470 As in past years,the longer
Year 2000 Total EXpressToll"'Accounts and Transponders Issued summer days resulted in more
E-470 drivers spending more
70,000
time in their cars for work and
60,000 - pleasure.
EIAverage weekday toll
50,000 - { transactions reached their peak
for the year during the third
40,000 1 quarter. August was the busiest
month,with average weekday
30,000 - transactions of 86,770.
The strong quarter resulted
20,000
ErprecsTolr`Accounts in taking the year-to-date
t, Transponders Issued weekday average to 72,513-
10,000 —
well above the projected
0 r r r weekday average for the year
)a/ O�/ tsaGr pQ`� 4$\ )o°e )°`\ P�Ao5` +0�,oa` off` ¢/ woe` of 66,000.
F o`
See +9 O Toll revenues during the third
quarter were the strongest of
E-470 the year.
Year 2000 Monthly Toll Revenue
2,500,000
2,000,000
1,500,000 44
1,000,000 ' E
MK cash Tolls
En Electronic Tolle
500,000
0
acJa� �`J20 a6r Pe jai )J0m )�� ri •� `
�06 o•06 eF�� •��§
F0 F yeQ` pc Zca oG
E-4700
Year 2000 Weekday Toll Transaction Average
100,000
80,000 -
• •'. •. •.. t i
2 60,000
0 40,000 1
Weekday Averaged]
-•-Projected Weekday Average
20,000I II
0
)acJ0� �`J'°c1 �a°r / �aa �P )��k pJA�y` °F'c°` off` F•oe °ic°0`
F �Q �o O�
i Segment IV Design-butld
Project Progress.'eport
Permitting . .
The construction of E-470's Segment IV requires a variety of
permits and approvals from federal,state,and local agencies.
All environmental permits required for construction were
obtained prior to the Segment IV groundbreaking.Routine 5
administrative permits,such as building and access permits,will t-: '
'; - "h
be acquired as construction proceeds.
Design-Build Contractor
The Authority entered into the Segment IV design-build - . Si g _ ,�l
contract in January,2000,with MKK Constructors. The design-
build contractor is a joint venture between Washington Group E i I ,1 ( j
International,Inc.(formerly Morrison-Knudsen) and Kiewit •+'•.' «
Western Company. Full notice to proceed was given during
the first and second quarters of 2000 with formal
{ The September 7th groundbreaking ceremony
groundbreaking occurring on September 7,2000,in the third
quarter. At the end of the third quarter,overall design-build
construction was 10 percent completed.
Right-of-Way
The construction of Segment IV requires approximately 1,720
acres of right-of-way divided into 149 parcels:83 in Sub-Package
BI (from 120th Avenue to US 85) and 66 in Sub-Package B2
(US 85 to I-25). During the third quarter of 2000,in Sub-
Package BI,the Authority acquired possession of most of the
design-build contractor requested parcels by the September I
deadline.In Sub-Package B-2,theAuthority has acquired
possession of 12 parcels. The phased acquisition of all the
remaining parcels is expected to be completed on time on
May 8,2001.
Project Financial Highlights
In May of 2000,the Authority closed on a $358,048,750
bond issue to finance Segment IV. This raised the total debt for
E-470 to approximately $1,231,000,000. Through the third
quarter of 2000,MKK Constructors has invoiced the Authority
$24,239,000 or about 10.4 percent of the total contract value.
Timeline Milestones
Several significant milestones were achieved during the third
quarter of 2000. Most of the right-of-way for Sub-package B I,
from 120th Avenue to US 85,was acquired and released to the
design-build contractor on schedule,September 1,2000.
( Additionally,the Segment IV groundbreaking ceremony was
held on the right-of-way at Tucson Street,officially commencing
the road construction. Major construction activities included
earthwork and utility relocation. Overall design was estimated
at 40 percent complete at the end of the third quarter. Design
progress for Sub-Package B I is approximately 60 percent
complete while Sub-Package B2 is 20 percent complete. The
contractor continued to mobilize equipment and located its
administrative headquarters in a field office on Nome Street
near US 85.
- i I
{
E-470 Segment IV Completion Schedule
Sub-Package B1
(120th Ave. to US 85) Financing completed;Notice to Proceed given 2G
Design 40 percent complete
Engineering
Ri ht-of-way acquired,ahead of schedule
Right-of-Way
Groundbreaking held September 7,ahead of schedule
Construction
Sub-Package B2
(US 85 to 1-25) -Design 20 percent complete
Engineering
12 parcels acqired to date
Right-of-Way
Construction
2000 2001 2002 2003
Other Capital Area Activity and
Projects budget I Economic Impacts
Gartrell Interchange Operating Budget E-470 received and reviewed a record number of
During the third quarter, No additional year 2000 developmental referrals in the third quarter of 2000. Eight
the Authority continued to budget amendments were member jurisdictions provided 66 development-related
documents covering over 13,900 acres of land for E-470 review.
conduct"shadow tolling" at made during the third quarter.
The majority of these referrals came from our member Segment
the Gartrell interchange, Through the third quarter,
which opened to traffic in cumulative overall IV cities and counties.
April 2000. Under an expenditures in the Operating American Furniture Warehouse's 635,000 square foot
showroom is well under construction in Segment I. Apartments,
agreement with US Home Budget were approximately 60
- retail,and office construction continue along this corridor.
Corporation,the percent of the total budget.
Major residential projects are planned in Segment III,
corporation pays the
{ Authority tolls equivalent to Capital Budget particularly through the city of Aurora. These include the 205-
acre Vistas at Senac. Also proposed is King's Pointe North,on
the amount of traffic using The original approved year
944 acres to include 2,1 18 residential units. Crown Pointe is
the interchange through 2000 capital budget was for
November 15,2000. At that $69.77 million. The amended under construction in the Town of Parker,a 275-acre mixed use
development. Arapahoe County is working with the developer
time,the Authority will budget recognized the bond
commence tolling the i funding for Segment IV and
for WorldPark,a 5,500-acre sports park, planned a few miles east
; of the E-470 - 1-70 interchange. This development would include
interchange utilizing the first was increased to $140.2
million for the year 2000. car racing tracks,polo fields,gun range,water park,as well as
"dualized" ramps on E-470.
office and commercial development.
Separate ExpressTollT"' and 3 Cumulative capital budget P
Tallyn's Reach,an executive housing development of 2,800
automatic coin machine lanes expenditures were at about 25
homes,was the location for this year's Parade of Homes,
will allow customers with percent for the year through
EXpressTollT" windshield - the third quarter. sponsored by the Home Builders Association of Metropolitan
Denver. E-470 partnered with the developer to coordinate
mounted automated vehicle
identifier transponders to Revenues marketing efforts and traffic control as the development's main
drive freely through the At the end of the third access is from the E-470/Smoky Hill Road interchange.
Segment IV development activity is increasing along the E-470
ramp plazas without quarter,toll revenues tracked
corridor.The city of Thornton has proposed a 1,900-acre master-
stopping. at 72 percent of the budgeted
i amount for the year. planned community that includes 5,000 homes,a business park
Maintenance Projections for the fourth accommodating high-tech companies,and an 18-hole golf course.
Support Sites quarter show a total annual I Prairie Center is proposed in the city of Brighton,which will be a
Bids for Maintenance revenue from tolls at $1.7 billion, 1,400-acre business,residential,and commercial
Support Site C (MSS C),to $22,931.000 or 98 percent of development Five major proposed developments are being
planned in the city of Commerce City,encompassing over 2,486
be constructed next to the the budgeted amount.
acres. Buffalo Run East,Third Creek,River Run,Second Creek,
Central Maintenance Facility Revenues from other sources
and UrbanistVillage will offer residential,commercial,retail,and
at Plaza C,were received are strong,including vehicle
during the third quarter. A registration fees at 79 percent industrial developments.
bid of$1,161,000 was of budget and highway
awarded to Ash &White expansion fees at 165 percent
Construction Company. Bids of the 2000 budget.
for MSS A,to be located
near Jordan Road and E-470,
were postponed until the
fourth quarter of 2000. The
location of MSS E in Segment
IV was relocated next to
Plaza E to take advantage of
better access,operating -
logistics,and construction
costs.
r
board of
Directors ` Management Head uarters
Roland E. Cole Edward J. DeLozier I Address:
City Council Member, Executive Director 22470 E. 6th Parkway
Commerce City, Suite 100
Chairman John D. McCuskey Aurora,Colorado 80018
Director of Finance and Audit
Gary Lasater Telephone:
Mayor, Matthew M. McDole 303-537-3470
Town of Parker, Chief Engineer
First Vice Chairman
www.E-470.com
David M. Kristick
JamesR. Sullivan S Director of Operations
County Commissioner,
Douglas County. Timothy Paranto
Second Vice Chairman Director of Maintenance
Noel Busck
Mayor
City of Thornton,
Secretary i [
Ted Strickland
County Commissioner,
Adams County,
Treasurer ({
Terry V. Lucero
Mayor,
City of Brighton,
Director
Paul E. Tauer
Mayor,
City of Aurora.
Director Z j
Lynn Myers i I
County Commissioner,
Arapahoe County,
Director
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November 15,2000
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