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December 25, 2016 • Vol. IX • No. 26 • 470 Maryland Drive • Ft. Washington, PA 19034 • 215/885-2900 • Toll Free 800-523-2200 • Fax 215/885-2910
Inside
Honolulu Rail Projected Costs Could Hit $9.5B
Caltrans, FHA Improve LA County’s I-5...15
SCOR Industries Solves Debris Challenges for Contractors...16
The project was divided into two phases, with sub-phases to accommodate transportation budgeting.
NDOT Lengthens I-580 From Reno Toward Lake Tahoe By Jennifer Rupp CEG CORRESPONDENT
Kirby-Smith Names Ferrell as Account Manager...28
Table of Contents................ 4 California Section........ 15-22 Mini & Compact Equipment Section.......................... 41-56 Paving Section.............. 57-65 Auction Section............ 70-73 Business Calendar..............70 Advertisers Index...............74
Over the past several years, the Nevada Department of Transportation (NDOT) has been lengthening I-580 W from Reno towards Lake Tahoe approximately 37 mi. (59.5 km). The expanse and expense of the project called for a multi-phase, multi-year approach beginning in 2000. The design of the I-580 Carson Bypass fulfills a number of demands from both tourist and local traffic. First, it will effectively complete the freeway connecting Reno to the south end of Carson City. This means a decrease in congestion on local streets and shorter commute times. NDOT also considered the increase in projected traffic volumes, improvement of safety and the reduction of vehicle emissions that result from idling in traffic. Landscaping and corridor aesthetics are an added bonus. The project was divided into two phases, with sub-phases to accommodate trans-
portation budgeting. By 2025 (pending funding), the project is anticipated to be complete, adding 37 mi. to I-580 with a cost of approximately $219 million in federal, state and local funds. Phase 1 The first leg of Phase 1 ran from N. Carson St. to U.S. 50 with the construction of four bridges. The $17 million contract was awarded in 2000 and was completed in 2002. Phase 1B Phase 1B picked up from there, covering 3.8 mi. (6.1 km) from E. Lake Blvd. to U.S. 50. The work encompassed paving four lanes of access-controlled highway, construction of sound walls and a Single Point Urban Interchange (SPUI) at U.S. 50. Phase 1B was completed in 2006 by Ames Construction for $69 million. see NDOT page 40
HONOLULU (AP) Officials overseeing Honolulu’s multibillion dollar rail project say that depending on financing costs, the rail system could cost as much as $9.5 billion. The higher price tag is just an example of how much the rail could cost depending on how the city ultimately decides to pay back bonds and interests on the project, Honolulu Authority for Rapid Transportation officials told The Honolulu StarAdvertiser. The latest figure was included in a draft update of the rail system’s financial plan. “One financing strategy could result in finance charges of up to $1.3 billion, which would bring the total project budget to $9.5 billion,” the new draft financial plan states. The high figure is based on a scenario in which the general excise tax surcharge for the rail gets extended another 10 years at the same 0.5 percent rate. Brennon Morioka, HART acting director, said the $9.5 billion figure was developed over the past few months as the agency put together the draft plan and that it had not been released to the public before. In September, HART officials estimated the system would cost $8.6 billion, with that figure including about $400 million in financing and debt service costs. Estimates for the rail’s construction remain at $8.2 million, Morioka said. It’s the financing plan that could drive up the final budget, he said. An initial budget of $5.26 billion included the financing costs. Even if state lawmakers approve a permanent rail tax extension, HART and the city could look at various financing strategies enabling them to expand rail into the University of Hawaii, Manoa and downtown Kapolei that could easily drive the final cost of the first 20 miles above $8.6 million, Morioka said. For more information, visit http://www.staradvertiser.com. (This story also can be found on Construction Equipment Guide’s website at www.constructionequipmentguide.com.)