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Metro’s Capital Needs Over the Next Ten Years

Over the next ten years (FY 2011 – 2020), Metro faces more than $11 billion i n c a p i t a l n e e d s . T h e s e i n v e s t m e n t s a d d r e s s M e t r o s p h y s i c a l a s s e t s , i n c l u d i n g

vehicles, fleet maintenance facilities, operating systems, information technology, rail system track, passenger facilities, maintenance equipment and support facili-

t i e s . M e t r o s c a p i t a l n e e d s a r e d i s t i n g u i s h e d f r o m t h e r e s o u r c e s n e e d e d t o o p e r a t the transit system. Operating needs that cover recurring annual costs for labor, supplies and services to operate Metrobus, Metrorail and MetroAccess are not addressed in this report. e

In September 2008 and October 2009, Metro staff presented to the Board of Di- rectors the over $11 billion Capital Needs Inventory (CNI). The CNI includes two major categories of needs: Performance projects ($7.6 billion, 67% of total) and Customer/Demand projects ($3.8 billion, 33% of total).

Performance projects maintain and replace assets on a life cycle basis. They pro- mote safety and reliability and preserve the current levels of service. These projects keep Metro in a “State of Good Performance.” Assets are not simply replaced with an exact replica, but with assets that take advantage of the latest technology and materials for greater efficiency. Customer/Demand projects help meet growing ridership requirements and improve the rider`s experience on the system. Safety needs are included throughout the CNI.

The $11 billion in capital needs are driven by a number of factors, including the age and condition of Metro’s assets. The 30-year old Metrorail system requires many life cycle replacement costs for the first time, including the replacement of n e a r l y o n e - t h i r d o f t h e r a i l c a r fl e e t . S i m i l a r l y , M e t r o b u s e s n e e d t o b e r e p l a c e d

and rehabilitated on a regular schedule. As Metro’s vehicle fleet has changed over time, so have the maintenance facility and equipment requirements. Several of Metro’s bus garages and rail yards used for storage and maintenance of Metro’s ve- hicle fleet are in need of rehabilitation or replacement to accommodate the profile of new clean technology buses. For example, one of Metro’s oldest bus garages was originally constructed to store trolley cars in the early 1900s. The CNI also includes Information Technology and MetroAccess capital costs that were previ- ously included in Metro’s operating budget or addressed through federal grants (e.g. Job Access Reverse Commute and American Recovery and Reinvestment Act). Finally, several infrastructure repair and replacement projects are necessary over the next ten years for system safety and reliability.

At the same time that Metro is investing in its existing assets to preserve current levels of service, Metro must add capacity to meet growing ridership. These capital needs include new vehicles (rail cars, buses and paratransit vans), expanded pas- senger facilities, additional fleet maintenance facilities, new support facilities and

upgraded systems and technology necessary to support this growth.

FY 2011 – 2020 Capital Needs Inven- tory by Investment Category ($11.4 Billion)

Customer/ Demand Focus $3.8 Billion 33%

Performance Focus $7.6 Billion 67%

Year-of-Expenditure (YOE) dollars

Performance projects maintain and replace assets on a life cycle basis. They promote safety and reliability and preserve the current levels of service. These projects keep Metro in a “State of Good Performance.”

Customer/Demand projects help meet growing ridership require- ments and improve the rider`s experience on the system.

Introduction 9

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