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P3 Case Study: Presidio Parkway Location San Francisco, California Project Sponsors The California Department of Transportation, the San Francisco County Transportation Authority , Federal Highway Administration, Metropolitan Transportation Commission, Bay Area Toll Authority, Golden Gate Bridge Highway and Transportation District, Sonoma County Transportation Authority, and Transportation Authority of Marin County. Private Partner/ Golden Link Concessionaire, LLC Fiscal Year Approved 2010 Project Type Highway Project Delivery / Contract Method DBFOM (design, build, finance, operate, and maintain) Description The project will consist of replacing portions of the existing Doyle Drive facilities on Route 101 in the City of San Francisco, which serves as the south access to the Golden Gate Bridge, along the northern edge of the City of San Francisco, with a new six-lane parkway-type roadway and a southbound auxiliary lane, between the Park Presidio Interchange and the new Presidio access at Girard Road. The Project will also include operation and maintenance of all of the replaced Doyle Drive facilities. Cost / Payment Estimated Total Project Cost: $488 million: • Oversight and transaction costs - $32 million • Retained risk reserves - $47 million • Construction completion payments - $113 million • Annual payments $289 million • O&M and replacement and rehabilitation - $7 million Hanson Bridgett Public Policy Forum 425 MARKET STREET, 26TH FLOOR | SAN FRANCISCO, CA 94105 | JANUARY 25, 2012
