I 595 Express Corridor Improvements Project. February 2014 Update

I 595 Express Corridor Improvements Project February 2014 Update

PROJECT COMPONENTS Reversible Express Lanes Direct Connect to Florida s Turnpike Open Road Tolling SR 84 Continuous Connection Florida s Turnpike Interchange Broward County Greenway Ramp Improvements Auxiliary Lanes Braided Ramps Bypass Bridges Sound Barrier Walls

TYPICAL SECTION

INNOVATIONS 1 st DBFOM P3 in Florida 1 st Availability Payment P3 in the US Reversible Toll Lanes (six lanes for the price of three) Congestion Pricing State of the Art Emergency Access and Infrastructure Fire suppression system Emergency access gates 35 year Operations and Maintenance (O&M) Direct Connections to Florida s Turnpike Oversight CEI Bus Rapid Transit Shared use Drainage

PROJECT SCHEDULE Execution of Agreement March 3, 2009 NTP 1 March 3, 2009 Advance Construction Activities June 15, 2009 NTP 2 (Take over O&M) July 31, 2009 Major Construction Feb. 26, 2010 Open Express Lanes (anticipated) March 26, 2014 Final Acceptance (anticipated) Summer 2014

I 595 TEAM ORGANIZATION Design Management Construction/Operations Management Concession Agreement Bank Syndicate/TIFIA Design Build Contractor DB Contract Concessionaire Financing Agreements Lenders Design Subcontractor CEI O&M Technical and Legal Advice Technical Advisor Counsel

PAYMENTS TO CONCESSIONAIRE $300 I 595 Express Payment Structure $250 Scheduled Construction Completion July 2014 Final Maximum Milestones Payment Payments (Millions) $200 $150 $100 $50 Design & Construction March 2009 124 50 71 66 95 123 217 Availability 4 $0 2009 20 2014 2015 2016 2017 2018 2019 2020 2044 Year

EMPLOYMENT STATUS Over 130 companies (Current) / 163 companies (Peak) Over 275 local companies employed throughout the entire project Over 1750 employees (Current) / 2470 employees (Peak) DBE Participation (statewide goal is 8.1% ) Over 12% Total Trainees: 118 Planned, 164 Graduated

PROJECT LIMITS To West Palm Beach To Naples SW 136 Avenue Segment A/B Began November 2010 96% Complete Flamingo Road Segment C Began February 2010 99% Complete Hiatus Road Nob Hill Road Pine Island Road University Drive Davie Road Sunrise Boulevard Broward Boulevard Peters Road Griffin Road Segment E Began April 2011 96% Complete FLL Airport Port Everglades To Miami Segment D Began June 2010 Project 97% Complete Limits To Miami I 595 from I 75/Sawgrass Expressway Interchange to west of the I 95 Interchange and Florida s Turnpike from Griffin Road to Peters Road

$45 $40 $35 $30 $25 $20 $15 $10 $5 $0 MONEY EARNED In Millions Jun 13 Jul 13 Aug 13 Aug 10 Sep 10 Oct 10 Nov 10 Dec 10 Jan 11 Feb 11 Mar 11 Apr 11 May 11 Jun 11 Jul 11 Aug 11 Sep 11 Oct 11 Nov 11 Dec 11 Jan 12 Feb 12 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Sep 12 Oct 12 Nov 12 Dec 12 Jan 13 Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Aug 10 Sep 10 Oct 10 Nov 10 Dec 10 Jan 11 Feb 11 Mar 11 Apr 11 May 11 Jun 11 Jul 11 Aug 11 Sep 11 Oct 11 Nov 11 Dec 11 Jan 12 Feb 12 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Sep 12 Oct 12 Nov 12 Dec 12 Jan 13 Feb 13 Mar 13 Apr 13 May 13 Sep 13 Oct 13 Nov 13 Dec 13 Sep 13 Oct 13 Nov 13 Dec 13 $900 $800 $700 $600 $500 $400 $300 $200 $100 $0 Estimated Construction Costs Paid to Date by Lead Contractor Estimated Monthly Construction Costs In Millions

MAJOR TRAFFIC IMPROVEMENTS Westbound Braided Ramps at Pine Island Road Opened November 14, 2011

MAJOR TRAFFIC IMPROVEMENTS Westbound Braided Ramps between Davie Road and University Drive Opened October 28, 2011

MAJOR TRAFFIC IMPROVEMENTS Direct Connection to Northbound Florida s Turnpike From Southbound SR 7 opened September 29, 2011 From Westbound I 595 / SR 84 opened November 17, 2011

MAJOR TRAFFIC IMPROVEMENTS The ramp from Westbound I 595 / SR84 to Southbound Florida s Turnpike Opened November 17, 2011

MAJOR TRAFFIC IMPROVEMENTS Continuous Westbound SR 84 Opened December 4, 2011

MAJOR TRAFFIC IMPROVEMENTS Flyover Ramp from Southbound University Drive to Eastbound I 595 Re opened November 7, 2012

MAJOR TRAFFIC IMPROVEMENTS Continuous Eastbound SR 84 Opened December 21, 2012

I 595 RAMP TO SOUTHBOUND TURNPIKE

MAJOR TRAFFIC IMPROVEMENTS Eastbound Braided Ramps between Flamingo Road and Hiatus Road Opened September 9, 2013

MAJOR TRAFFIC IMPROVEMENTS Eastbound Braided Ramps between Hiatus Road and Nob Hill Road Opened December 19, 2013

EXPRESS LANE AVAILABILITY FDOT will set the toll rates Tolls will be determined by analysis of traffic data such as traffic volumes, operating speeds, level of service and trend data. Florida s Turnpike Enterprise is responsible for the collection of tolls

EXPRESS LANES To use the 595 Express Lanes you will need: SunPass and associated pre paid account Interoperable transponder (compatible with SunPass) and associated pre paid account No TOLL BY PLATE No cash transactions allowed (no Toll Booths)

EXPRESS LANES All motor vehicle types will be allowed to use the 595 Express Lanes All users will be charged a toll in the 595 Express Lanes

595 EXPRESS LANE LIMITS To West Palm Beach Pine Island Rd. University Dr. SW 136 Ave. Flamingo Rd. Hiatus Rd. Nob Hill Rd. 441 Monday through Friday 4 a.m. to 1 p.m. and Saturday 4 a.m. through Monday 1 p.m. Express Lanes Limits To Miami FLL 1

595 EXPRESS LANE LIMITS Monday through Friday 2 p.m. to 2 a.m. To West Palm Beach Hiatus Rd. Nob Hill Rd. Pine Island Rd. University Dr. 441 Express Lanes Limits To Miami FLL 1 SW 136 Ave. Flamingo Rd.

I 595 WARNING GATES AND BARRIER GATES FOR REVERSIBLE RAMPS Barrier Gate Warning Gate

EMERGENCY ACCESSGATES Longitudinal Sliding Gates 42 ft. Wide Opening Opened from the Traffic Management Center or Manually Shoulder Closure Gates There are 5 Emergency Access Gates throughout the corridor to provide emergency vehicles into the Express Lanes (3 in the westbound direction / 2 in the eastbound direction)

INCIDENT MANAGEMENT AND SAFETY FEATURES Traffic Management Center Operations 24/7 365 days CCTV monitoring Road Rangers 30 minute patrols MOT support Emergency access gates Manual operation of Barriers Or automatic opening by TMC operators