| Name |
Tren Urbano |
| Location |
San Juan, Puerto Rico |
| Mode |
Rail Transit |
| Description |
17-km rapid double-track rail transit serving Metropolitan
San Juan
16 stations
Close integration with the local bus system
Forecast to serve 100,000 trips per day in first year
of operation
|
| Sponsor |
Puerto Rico Highway and Transportation Authority |
| Cost |
$1.676 billion |
| Type of Finance |
$300 million TIFIA direct loan
$307.40 million from FTA (Section 5309 New Start funds)
$141.0 million from FTA (Section 5307 funds)
$259.9 million from FTA (flexible funding) |
| Revenue Sources |
fuel tax receipts
motor vehicle registration fees
farebox receipts
|
| Project
Delivery / Contract
Method |
Six separate civil
design/build contract packages One overall systems/operations
contract |
| Private Investor Partner |
Siemens Transportation Systems
Perini Corporation
Parsons Brinckerhoff
Alternate Concepts
Mass Electric Construction
Redondo Construction
Guillermety
Ortiz & Associates
|
| Project Advisors |
|
| Lenders |
TIFIA program
Merrill Lynch
|
| Status |
Expected completion: May 2002 |
| Innovations |
"Systems and Test Track Turnkey (STTT)" procurement
approach |
| Related Links / Articles |
Puerto
Rico DOT Information
FTA
Project Description
Coverage in Engineering
News Record
Coverage in
Railway Age |
| Contacts |
|
| Last Updated |
InnovativeFinance.org, January 2001.
Note: this fact sheet has not been reviewed by the
sponsoring agency. |