Conference Agenda
Sunday, November 16, 2008
1:00 PM - 4:30 PM
"The Long and Winding Road..." Bus Tour
Please join us for a bus tour of the ground-breaking transportation projects in the Denver metropolitan area. We will visit the Northwest Parkway project for insights on the first toll road concession in Colorado - a 99-year lease between Brisa and the Northwest Parkway Public Highway Authority, the 47-mile E-470 Toll Road which was developed by the E-470 Public Highway Authority using innovative financing and public-private partnership approaches as well as the mammoth multi-modal $1.7 Billion T-Rex project. T-Rex is a first of its kind, "next generation" project - incorporating both highway and light rail using design-build, accelerated schedules and TRANS financing all as part of a unique collaboration between the Regional Transportation District (RTD) and the Colorado Department of Transportation (CDOT). We will also see the I-25 HOT Lanes - another venture between RTD and CDOT that has been a rousing success.
Monday, November 17, 2008
7:45 AM - 8:45 AM
Registration & Continental Breakfast in Exhibit Hall
Sponsored by:
8:45 AM - 9:00 AM
Conference Co-Chair's Opening Remarks
Thomas Bradshaw
Managing Director & Co-Head Transportation Group
Citigroup, Inc.
9:00 AM - 9:45 AM
Keynote Address
Mr. Marsella will address the Denver RTD's experience with competitive contracting for bus and paratransit services, the use of design build for a major capital construction and our current efforts to enter into a full Design-Build-Finance-Operate and Maintain contract for a mega rail project. He will also speak about the possibilities and economies of private sector partnerships in the provision of public transportation services. Ms. Catlin will discuss the I-25 HOT lane project, how the Colorado Department of Transportation partnered with RTD and how the success of the project may spur additional pricing projects in Colorado.
Margaret A. Catlin
Deputy Executive Director
Colorado Department of Transportation
Cal Marsella
General Manager & Chief Executive Officer
The Regional Transportation District
9:45 AM - 10:45 AM
Not Just Reauthorization...A New "Authorization": A New Plan for the 21st Century
Federal reauthorization is not just about extending new policies, but a need to find revenues to meet the nation's infrastructure needs. This panel will discuss alternative approaches to both the revenue and spending sides that could find their way into legislation next year.
Moderator:
Michael Vaccari
Partner
Nixon Peabody LLP
Panelists:
William D. Ankner, Ph.D.
Secretary
Louisiana Department of Transportation & Development
Jack Basso
Director, Management & Business Development
AASHTO
Kimberley Paparello Vaccari
Transportation Group Head
Banc of America Securities LLC
Steve Simmons
Deputy Executive Director
TXDOT
10:45 AM - 11:15 AM
Morning Networking & Refreshment Break in Exhibit Hall
Sponsored by:
11:15 AM - 12:15 PM
The Impact of the Credit Crunch: The Big Picture
While this year's credit crunch has caused temporary disruptions in raising capital, and increased costs for many borrowers, the jury is still out on what the longer-term impacts will be. Will there be a fundamental shift in the way investors value tax-exempt bonds? Will bond insurance remain valuable, and how will all of this impact P3s?
Moderator:
Thomas Bradshaw
Managing Director & Co-Head Transportation Group
Citigroup, Inc.
Panelists:
Raymond A. DiPrinzio
Managing Director, Head of Project Finance
CIFG Assurance North America, Inc.
Cheryl Jones
Project Finance Advisor
TIFIA Joint Program
Mike McDermott
Senior Director
Fitch Ratings
Michael Uhouse
Managing Director
Scotia Capital
Steven Klein
Partner
First Infrastructure LLC
12:15 PM - 1:45 PM
Luncheon with Keynote Speaker: Refocus, Reform & Renew
Jim Smith
Managing Director
Merrill Lynch & Co.
DJ Gribbin
General Counsel
US DOT
1:45 PM - 2:45 PM
P3 Operating Track Records, State Law Considerations & Future Challenges
While P3s have been slow to take a route in the U.S., the project roster is growing and revenues like the Chicago Skyway, Indiana Toll Road and South Bay Expressway are building a track record. How are they managing differently than the public sector? How are the benefits being shared? What kind of state law issues are they and other potential partnerships facing?
Moderator:
Pamela Bailey-Campbell
Senior Vice President, Public Private Initiatives
Parsons Brinckerhoff
Michael Linko
Executive Vice President
Miac Assurance
Brian Walsh
Partner
Ballard Spahr L.L.P.
Brad Watson
Managing Director Projects Group
KPMG
2:45 PM - 4:00 PM
Resizing Airports in a Downsizing Industry
With high jet fuel prices, jet planes are flying less, raising questions about support for existing facilities and expansion plans. Find out how the nation's largest airports are managing and whether regional markets are behaving according to the market indicators.
Moderator:
Guy Nagahama
Director
Depfa First Albany Securities LLC
Panelists:
Lynn Hampton, CPA
Vice President & Chief Financial Officer
Metropolitan Washington Airports Authority
Kurt Krummenacker
Assistant Vice President, Analyst
Moody's Investors Service
Michael Lexton
Managing Director
JP Morgan
Chris Poinsatte
Executive Vice President & Chief Financial Officer
DFW International Airport
Reid Tomlin
First Vice President, Public Finance, West Region
Ambac Assurance Corp.
Jeremiah Wise
Assistant Treasurer
Indianapolis Airport Authority
4:00 PM - 4:30 PM
Afternoon Refreshment & Networking Break in Exhibit Hall
Sponsored by:
4:30 PM - 5:30 PM
State Spotlights: Roads to Report On
Many of the most innovative ideas in transportation finance are being pioneered at the state level. Hear from some of the nation's most forward-thinking transportation finance executives.
Moderator:
Ronald J. Marino
Managing Director, Co-Head Transportation Group
Citigroup, Inc.
Panelists:
Ted Houghton
Commissioner
Texas Transportation Commission
Timothy J. Carson
Vice Chairman
The Pennsylvania Turnpike Commission
Paul N. Wageman
Chairman
North Texas Tollway Authority
Laura Kuffler Macdonald
Director
Standard & Poor's Corporation
5:30 PM - 6:45 PM
Cocktail & Networking Reception in Exhibit Hall
7:00 PM
Speaker Dinner | by Invitation
Sponsored by:
Tuesday, November 18, 2008
7:00 AM - 8:00 AM
Continental Breakfast in Exhibit Hall
Sponsored by:
8:00 AM - 8:15 AM
Conference Co-Chair's Remarks
Pamela Bailey-Campbell
Senior Vice President, Public Private Initiatives
Parsons Brinckerhoff
8:15 AM - 9:00 AM
The Startup of a New Toll Road
Moderator:
John McCuskey
Deputy Executive Director and Director of Finance
E-470 Public Highway Authority
Panelists:
Steve Hogan
Former Executive Director
Northwest Parkway Public Highway
Bill Ray
Interim Executive Director
Jefferson Parkway Public Highway Authority
Dr. William E. Thornton
Chairman
Alamo Regional Mobility Authority
Scott Trommer
Senior Managing Consultant
Public Financial Management
9:00 AM - 10:00 AM
The Economic Environment & Transportation Demand
- Impact of rising fuel costs on transportation projects
- Gas tax revenue impact
- Traffic impacts for toll roads
- Impact on shifting ridership to rail/mass transit
- Commodities on the rise
- Construction cost inflation is running way ahead of CPI. Project costs are going up fast while revenues are going down. How do you protect against this? How serious of a problem is this?
Moderator:
DJ Gribbin
General Counsel
US DOT
Panelists:
Mary Francoeur
Managing Director
Assured Guaranty Corp.
Gerry Nielsten
Senior Principal
Stantec
Mark Vitner
Senior Economist
Wachovia Corporation
10:00 AM - 10:30 AM
Networking & Refreshment Break in Exhibit Hall
10:30 AM - 11:30 AM
Funding the Gap
Even with excellent planning, fast changing commodity markets can leave projects costing more than originally forecasted. Learn how the nation's transportation agencies are pushing their initiatives to completion, despite the increasing effect of inflation.
Moderator:
David Narefsky
Partner
Mayer, Brown, Rowe & Maw LLP
Panelists:
John Filan
Chief Operating Officer
State of Illinois - Office of the Governor
Daniel Heimowitz
Managing Director, US Infrastructure and Project Finance Group
RBC Capital Markets
James Melino
Partner
Bell, Rosenberg & Hughes LLP
11:30 AM - 12:30 PM
What does the future hold for funding?
Allan Freedman
Vice President/Managing Director PPV Division
ARTBA PPV
James Whitty
Manager, Office of Innovative Partnerships & Alternative Funding
Oregon Department of Transportation
Heather Copp
CFO
CDOT
David Klinges
Managing Director
Mesirow Financial
12:30 PM - 12:45 PM
Conference Wrap Up by the Co-Chairs
Pamela Bailey-Campbell
Senior Vice President, Public Private Initiatives
Parsons Brinckerhoff
Thomas Bradshaw
Managing Director & Co-Head Transportation Group
Citigroup, Inc.