RELEASE:

CONTACT:
IMMEDIATE

Shannon N. Marshall 804-371-6844
Shannon.Marshall@vdot.virginia.gov
804-517-2686
CO-1117

June 6, 2011



VIRGINIA OFFICIALLY OPENS THE OFFICE OF TRANSPORTATION PUBLIC-PRIVATE PARTNERSHIPS (“OTP3”)
Office Will Advance Statewide Transportation Initiatives

RICHMOND—Virginia Secretary of Transportation Sean T. Connaughton today announced the official opening of the commonwealth’s Office of Transportation Public-Private Partnerships (OTP3 office).  

The office will be responsible for developing and implementing a statewide program for transportation project delivery via the Virginia Public-Private Transportation Act (PPTA) of 1995

The OTP3 will work in coordination with the secretary of transportation, all six Virginia transportation agencies, and focus on the development of public-private projects across all modes of transportation.

“The McDonnell administration is committed to delivering much needed infrastructure improvements to the Commonwealth of Virginia across all transportation modes in a safe, efficient and cost effective manner,” Secretary Connaughton stated, “The creation of this office is another step forward in implementing Gov. Bob McDonnell’s vision to involve and partner with the private sector in order to address Virginia’s transportation needs.” 

The OTP3 has the following purposes:

  • Facilitate timely delivery of PPTA projects, within established laws and regulations

  • Develop multimodal and intermodal solutions consistent with state, regional and local transportation policies, plans and programs

  • Encourage competition for innovation and private sector investment creating value-for-money for the commonwealth

  • Promote transparency, accountability, informed and timely decision making

  • Establish reliable and uniform processes and procedures to encourage private sector investment

  • Seek efficiencies by standardizing processes

  • Foster efficient management of commonwealth financial and organizational resources

  • Achieve lifecycle cost efficiencies through appropriate risk transfer

  • Promote economic growth and job creation

The OTP3 Office is now located at 600 E. Main St. in Richmond.  

The chief deputy commissioner of the Virginia Department of Transportation, Charlie Kilpatrick, is serving as the interim OTP3 Office program director. 

Deputy Director Dusty Holcombe is responsible for daily operations, as well as program and project management. 

The OTP3 Office will serve as the primary point of contact for public-private projects across all transportation modes to address Virginia’s transportation needs.

To further create efficiencies and better planning, the Office of Intermodal Planning and Investment (OIPI) will be co-located with the OTP3.  

The OIPI was created in 2002 to encourage coordination of multimodal and intermodal planning across Virginia’s various transportation modes. 

OIPI staff work closely with planning staff from the various transportation agencies to develop Virginia's long-range multimodal transportation plan, annual Transportation Performance Report and many other statewide multimodal planning initiatives.

Additional information about the OTP3 can be found at www.vappta.org.

Additional information about the OIPI can be found at www.vtrans.org.

(END)



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Page last modified: Oct. 17, 2012