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Integrated Planning: Financial Sustainability Mobile App

Integrated Planning: Financial Sustainability. The purpose of this app is to evaluate and document that financial commitments made in transportation system plans are realistic and affordable. The app comes with basic information that users can change (if needed) to fit their own integrated planning.

  • Lendlease
  • The Cooperative
  • PG&E
  • Red Bull
  • Mirvac

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Take a peek inside the Integrated Planning: Financial Sustainability Mobile App

Included Features

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Included Fields

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    Evaluate and document that financial commitments made in transportation system plans are realisti...

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    The intent of this criterion is to encourage the use of advanced best practices in cost estimatin...

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    Background and References

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    In 1991, Congress enacted “fiscal constraint” provisions as part of the Intermodal Surface Transp...

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    The FHWA/FTA Final Rule on statewide and metropolitan transportation planning and programming an...

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    Best Practices in Managing STIPs, TIPs, and Metropolitan Transportation Plans in Response to Fis...

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    Requirements

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    Advanced revenue forecasting

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    contingencies.

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    Regular and comprehensive coordination among affected agencies during development of revenue fore...

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    Systematic forecast updates.

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    Processes for engaging stakeholders in a dialogue about the implications of any changes in revenu...

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    Evidence of the use of advanced revenue forecasting practices would include

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    Evidence of leadership emphasis on rigorous fiscal discipline.

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    Incorporation of risk management techniques into revenue forecasts

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    Centralized revenue estimating organizations for the state unit of government, responsible for th...

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    Coordination of STIP and Metropolitan Transportation Plan development with state budget developme...

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    Involvement of a professional economist in revenue forecasting

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    Use of committees to establish consensus regarding the revenue forecast

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    Evidence of policies or guidelines for monitoring and updating forecasts

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    Objective analysis of “nontraditional”, innovative financing mechanisms and the expected revenues...

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    Advanced cost estimating

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    operations), risk and contingencies.

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    As the project development process progresses, avoidance of formula driven cost estimating proced...

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    As projects progress through the planning process and ultimately construction, accurate records o...

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    Evidence of the use of advanced cost estimating practices would include

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    Evidence of leadership emphasis on fiscal discipline.

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    Coordination between preconstruction and construction personnel in preparation of cost estimates;

  • ...and More!

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