Golden Gate Bridge, Highway & Transportation District

Updated June 27, 2014
June 23, 2014

FUNDING PLAN FOR THE CONSTRUCTION OF THE GOLDEN GATE BRIDGE PHYSICAL SUICIDE DETERRENT SYSTEM PROJECT APPROVED BY THE BOARD OF DIRECTORS AT JUNE 27 MEETING

On Friday, June 27, 2014, Golden Gate Bridge, Highway and Transportation District’s Board of Directors approved a funding plan for the Construction of the Golden Gate Bridge Physical Suicide Deterrent System Project in the amount of $76,000,000. This decision came with the understanding that the project will be funded with $22,000,000 of federal Local Highway Bridge Program (HBP) funds programmed by Caltrans, $27,000,000 of federal Surface Transportation Program (STP) funds programmed by the Metropolitan Transportation Commission (MTC), $7,000,000 of California Mental Health Service Act Funds (Proposition 63), and $20,000,000 from District reserves.

In general, the District’s construction contracts are principally funded with federal transportation dollars along with a local match. Two years ago, the construction of the project was not eligible for federal transportation funding. This changed when MAP-21, the Moving Ahead for Progress in the 21st Century Act (P.L. 112-141), was signed into law by President Obama on July 6, 2012.

MAP-21 provides broad eligibility for projects on the Bridge for federal highway funds. MAP-21 also expressly states that safety barriers and nets on bridges are eligible for federal funding. These changes provided an opportunity to pursue federal highway funding for the project.

The District has worked closely with the following partners in developing a funding plan for the construction of the suicide deterrent system:

  • In the next month, it is anticipated that MTC will consider $27 million of federal STP funds for the project.
  • Caltrans and the Federal Highway Administration (FHWA) are expected to program $22 million of federal HBP funds for the project.
  • Other nontraditional funding sources include funds from the Budget Bill (Senate Bill 852) passed on June 15, 2014, that provides for $7 million from the Mental Health Services Fund (Proposition 63) for the construction of the project. The Mental Health Services Oversight and Accountability Commission’s next meeting is on July 24th, and the approval of the $7 million will be on the agenda.

Considering the external funding outlined above, approximately 75 percent of the total cost of the project will be funded by external sources. However, as a condition of receipt of these funds, a local contribution will be required. District staff recommends that the Board approve the allocation of $20 million from District Reserves to assure that the requisite local funding match will be in place. By virtue of this action, the project will be fully funded, which will allow it to proceed to construction.

Projected Construction Costs

In February 2014, the Project’s design reached 95% completion. An updated construction cost estimate has been prepared to reflect current market prices as well as the more refined design. The previous estimate of $66 million was based on the 60% completed plans and specifications. The current higher projected construction cost of 76 million accounts for an increase in the scope of structural modifications to the existing bridge elements that has been found necessary as design details became better defined between 60% and 95% completion.

The proposed construction funding plan is as follows:

$22,000,000
29%
Caltrans Federal HBP Funds
$27,000,000
36%
MTC Federal STP Funds
$7,000,000
9%
CA MHSOA Commission State Prop 63 Funds
$20,000,000
26%
GGBHTD District Reserves
$76,000,000
100%
   

For more detailed information, see the complete staff report.