James E. Harkness

The Capital Committee reviewed several agenda items, including the approval of the FY 2027-2032 Draft Consolidated Transportation Program (CTP), which totals $8.9 billion and includes budget adjustments for bridge projects, equipment, and reserves. The committee also considered the award of Electronic Toll Collection Services and discussed pending litigation during a closed session. Additionally, updates were provided on the CTP process and specific project additions.

The committee discussed several key items, including the approval and recommendation of a contract for the on-call upgrade and replacement of metal traffic barriers and attenuators. Updates were provided regarding the upcoming Series 2026 bond issuance, ongoing tolling vendor contracts, and the status of toll enforcement reciprocity with Pennsylvania. Additionally, the committee reviewed community engagement and communication efforts for the Key Bridge Rebuild project and held a closed session to discuss contract negotiations.

The board meeting agenda includes contract awards for hazardous material disposal and roadway litter collection, followed by a procurement update on all open contracts. The session covers the disposition of specific park and ride properties and a report from the investment committee. Additionally, the board will review the third-quarter operating and capital budget comparisons, receive updates on the consolidated transportation program, and review traffic and revenue performance. The meeting concludes with a report on the annual activities and an executive director's update, followed by an executive session to discuss pending litigation.

The board discussed and approved contracts for facility-wide hazardous material disposal and abatement services and for the purchase of three roadway litter collector machines. The session included a comprehensive update on open contract statuses, the disposition of park and ride parcels to the State Highway Administration, and a quarterly review of the investment strategy. Additionally, the board received a report on the third quarter operating budget performance.

The committee meeting covered a request for approval of a contract modification to extend project deadlines and align two electronic tolling contracts, resulting in an updated contract amount. Discussions included the reasoning behind the extension, such as addressing punch list items and managing customer assistance plans. The meeting also included a presentation on the fiscal year 2024 final operating budget, highlighting mandated increases in personnel costs and other financial adjustments. Additionally, the committee reviewed the proposed fiscal year 2024-2029 Consolidated Transportation Program (CTP), noting budgetary changes across several projects and reserves.