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METRO spoke with several consultants in the June issue, here is the first in a series of exclusive unedited discussions.
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Although it is the first long-term surface transportation bill since SAFTEA-LU expired in 2009, which will give the industry a sense of security when planning, it still didn’t solve the most pressing issue — finding a sustainable funding mechanism.
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With nothing but short-term extensions predicted for the immediate future, the consultant industry stresses the need to find a long-term funding mechanism, while also looking at states and localities to play more of a role in financing capital projects.
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While there are some new solutions for funding a bill when MAP-21 expires being mentioned, there is still no mechanism, new or old, gaining bipartisan favor. Meanwhile, the fractious climate on Capitol Hill makes reaching an agreement even more difficult.
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In July, Congress passed a new two-year bill – MAP-21. Highlights contained include an expanded TIFIA program as well as streamlined New Starts and project delivery processes.
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With Republicans taking over the House and focusing on cutting spending, it will be interesting to see where transportation falls on their list of priorities. Despite T&I Chairman Mica's plan to push for a transportation authorization bill early this year, the major hurdle remains how to fund it.
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Even with no authorization bill in sight, consultants are finding many positives, including increased ridership, a new federal philosophy and exciting projects in the pipeline. Many are looking for high-speed rail to have the same nation-changing impact as the interstate highway system or the beginning of the space program.
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The changes may substantially impact what sort of projects will be selected in the program going forward, with more of a focus on sustainable, economically beneficial projects. The addition of programs, such as funding for urban circulators, may also play a major role in how New Starts/Small Starts decisions will be made in the future.
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