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DELAWARE RIVER PORT AUTHORITY

BOARD MEETING

Wednesday, October 16, 20196:00 p.m.

Camden County Boathouse

7050 North Park Drive

Pennsauken, NJJohn T. Hanson, Chief Executive Officer

DRPA BOARD

DELAWARE RIVER PORT AUTHORITYBOARD MEETING

Wednesday, October 16, 2019 at 6:00 p.m.Camden County Boathouse

7050 North Park DrivePennsauken, New Jersey

ORDER OF BUSINESS

1. Roll Call

2. Public Comment

3. Report of the CEO – October 2019

4. Report of the CFO

5. Approval of September 18, 2019 Board Meeting Minutes

6. Monthly List of Previously Approved Monthly List of Payments of September 2019

7. Monthly List of Previously Approved Purchase Orders and Contracts of September 2019

8. Approval of the 2019 Second Quarter Financials

9. Approval of Finance Committee Meeting Minutes of October 2, 2019

10. Adopt Resolutions Approved by Finance Committee of October 2, 2019

DRPA-19-091 Renewal of DRPA/PATCO Commercial Non-Bridge PropertyPolicy

DRPA-19-092 Renewal of DRPA/PATCO Commercial General Liability Policy

DRPA-19-093 Renewal of DRPA Excess Workers’ Compensation & Employers’Liability Policy

DRPA-19-094 Renewal of DRPA/PATCO Commercial Umbrella Liability Policy

DRPA-19-095 Renewal of Marine General Liability, Hull & Machinery,Including Protection & Indemnity, and Marine Umbrella LiabilityInsurance Policies

DRPA-19-096 Renewal of DRPA/PATCO Public Officials and EmploymentPractices Liability Policy and Excess Public Officials andEmployment Practices Liability Policy

DRPA-19-097 Renewal of DRPA Law Enforcement/Police Professional LiabilityPolicy

DRPA-19-098 Renewal of DRPA/PATCO Network Security and PrivacyLiability Policy

DRPA-19-099 Renewal of DRPA/PATCO Claims Made Excess LiabilityInsurance Policy

DRPA-19-100 Age 65 & Over Retiree Medicare Part D Prescription Benefits –2020 (DRPA/PATCO)

11. Approval of Operations & Maintenance Committee Meeting Minutes of October 8, 2019

12. Adopt Resolutions Approved by Operations & Maintenance Committee of October 8, 2019

DRPA-19-106 Contract No. BF-48-2016, 4th Street Garage Repair of Columnsand Bents with Cathodic Protection System

DRPA-19-107 Construction Monitoring Services for Contract No. BF-48-2016,4th Street Garage Repair of Columns and Bents with CathodicProtection System.

DRPA-19-108 Design Services for PATCO Philadelphia Tunnel Cable andSubstation Equipment Replacement

DRPA-19-109 Procurement and Delivery of Highway Rock Salt for DRPA andPATCO Facilities

DRPA-19-110 Fiber Interconnection System Agreement

DRPA-19-103 Fuel Contract for DRPA and PATCO

DRPA-19-105 Public Safety 800 MHz Radio Upgrade Project

13. Approval of Labor Committee Meeting Minutes of October 8, 2019

14. Adopt Resolutions Approved by Labor Committee of October 8, 2019

DRPA-19-104 Board Support and Development Services

15. Citizens Advisory Committee Report

16. Unfinished Business

17. New Business

DRPA-19-111 Consideration of Pending DRPA Contracts(Between $25,000 and $100,000)

18. Adjournment

CEO REPORT

October 16, 2019

Board of Commissioners

Delaware River Port Authority

of Pennsylvania and New Jersey

One Port Center

2 Riverside Drive

Camden, New Jersey 08101-1949

To the Commissioners:

The following is a summary of recent DRPA activities. The appropriate reports are attached.

Ben Franklin Bridge Pedestrian

Walkway Project Receives

Excellence AwardI am proud to announce the Ben Franklin

Bridge Pedestrian Walkway Ramp Project

was one of six projects in New Jersey to

receive an Excellence Award at the 2019

New Jersey Complete Streets Summit.

The award recognizes projects that

demonstrate excellence in Complete Streets

implementations. The ADA compliant ramp,

which opened to the public on June 4, 2019, improves connectivity between Philadelphia and Camden for

pedestrians and bicycles and encourages the use of alternative modes of transportation for both commuter and

recreational users.

Report of the Chief Executive Officer

AROUND THE AUTHORITY

Annual Authority Health FairsThis year, employees can avail themselves of our

traditional health fair vendors and screenings for their

health and well-being. But this year there is something

even more important for our employees as an

enhancement to the four October fairs. Under the

leadership of Chief Administrative Officer Toni P.

Brown, this year, we will offer an enhancement that focuses on raising awareness about opioid dependency,

opioid addiction, and the emergent issue of vaping.

Authority Named Partner of the Year by WBEC-EastOn Thursday, September 26, 2019, the DRPA was presented with the 2018 Partner of the Year Award from the

Women’s Business Enterprise Council East (WBEC East) in Philadelphia, PA. CEO John T. Hanson was out of

the country and CAO Toni P. Brown was out of the state and COO Robert Hicks

was kind enough to accept the award on our behalf. In his remarks, COO Hicks

acknowledged the leadership provided by Board Chairman Ryan Boyer, Board

Vice Chairman Jeffrey Nash, and also referenced the unwavering support of our

diversity efforts in procurement and contracting by the Board of Commissioners.

The Authority was represented by Ann DuVall, Project Manager and Thaddeus

Abbott III, Administrative Coordinator from the Office of the CAO, Erin

Watterson, EEO Specialist, Office of Business Development & Equal

Opportunity; Susan Bond, Program Analyst, Engineering; Amy Ash, Manager of

Contact Administration; Richard Mosback, Director of Procurement & Stores;

Raymond Santarelli, General Counsel; and Narisa Sasitorn, Deputy General

Counsel.

The Partner of the Year Award is presented to a corporate or government member who has been instrumental in

WBEC East’s successful achievement of their annual goals and “in recognition of your commitment to opening the

doors of economic opportunity for women business enterprises.”

Since 1994, the DRPA has had in place progressive policies and programs that have served to level the playing field

for all companies interested in doing business with us. Our efforts to support women-owned businesses are rooted

generally in the Authority's shared value of "Diversity & Inclusion". That shared value encourages us to actively

seek to make new connections with members of the diverse community we serve.

This award is particularly special because of the longstanding collaborative partnership the DRPA has enjoyed with

WBEC. Our relationship with the Council dates back to the mid-1990s. In the early days when DRPA's MBE &

WBE Program was first being formed, WBEC could be counted on to identify and certify strong women-owned

businesses that could and, indeed, did meet the vast needs of the DRPA. That remains true of WBEC-EAST today.

STEWARDSHIP

In fact, when we see the WBEC-EAST logo we know, without a shadow of a doubt, that the company has been

thoroughly vetted. Strong WBEs have contributed to the success of DRPA's non- discrimination programs.

This award would not be possible without the commitment of our Board, the steadfast commitment shown by the

leadership of our executive and senior management team, and buy-in from employees who understand and

appreciate the value of doing business with a diverse group of vendors.

The Authority was also recognized as a finalist in the Done Deals Award category. The Done Deals Award is

presented to a corporate or government member who has done the most business with WBEs in the last 12 months.

Pictured above left to right: Ann DuVall, Project Manager,Office of the Chief Administrative Officer; Toni P. Brown,Chief Administrative Officer; Thaddeus Abbott III,Administrative Coordinator from the Office of the CAO; andErin Watterson, EEO Specialist, Office of BusinessDevelopment & Equal Opportunity. Unfortunately, Ron Kelly,Compliance, Office of Business Development & EqualOpportunity was unavailable for the photo.

Pictured above from left to right in back row: Amy Ash, Manager ofContact Administration; Erin Watterson, EEO Specialist, Office ofBusiness Development & Equal Opportunity; Robert Hicks, ChiefOperating Officer; Liz Walsh, President, Women’s Business EnterpriseCouncil East; Thaddeus Abbott III, Administrative Coordinator fromthe Office of the CAO; and Richard Mosback, Director of Procurement& Stores. Present but not pictured; Raymond Santarelli, GeneralCounsel; and Narisa Sasitorn, Deputy General Counsel. Seated inchairs: Susan Bond, Program Analyst, Engineering Division and AnnDuVall, Project Manager, Office of the Chief Administrative Officer.

Community Expos

From Senior Expos to Back to College Events, the Authority has been busy attending various community events

this fall. The events provide staff an opportunity to promote the Authority’s stewardship mission, improvement

projects and various programs.

Camden County College BBQ – Friday, September 27

Senior Day Expo hosted by the West Philadelphia YMCA and the Philadelphia Police Department –

Friday, September 27

Camden County 2019 Senior Health Fair – Thursday, October 3

Seniors Health and Resource Expo – Friday, October 4

COMMUNITY

Sunshine Foundation EventOn Saturday, August 24, 2019, The

Sunshine Foundation held an event at Jersey

Mike’s Subs located in Feasterville, PA.

The Sunshine Foundation helps to grant the

wishes of many chronically-ill children.

DRPA’s Customer Service Department

organized a fund-raising drive.

DRPA/PATCO employees who contributed

$5 or more to The Sunshine Foundation

were permitted to wear jeans on certain

Fridays. Our employees donated $500.

Thanks to the generosity of DRPA/PATCO

employees and area businesses, The

Sunshine Foundation granted Alex’ wish to

travel to Disney World. No Authority funds were donated for this cause.

Laura Sadler Hunter (pictured on left) of DRPA’s Customer Service Department attended the event

and is pictured below with Kate Sample, President of The Sunshine Foundation.

Ben Franklin Bridge Special LightingsAs part of community stewardship with regional non-profits we

are pleased to provide special lighting on the Benjamin Franklin

Bridge for the following occasions and organizations during

October:

National Fallen Firefighters (October 5) Trigeminal Neuralgia Awareness (October 7) Customer Service Week (October 8-11) National Metastatic Breast Cancer Awareness Day

(October 13) Columbus Day (October 14) Ronald McDonald House 45th Birthday Celebration (October 15) GreenLight Fund Philadelphia (October 17) Susan G. Komen “Lights for the Fight Campaign” (October 21) Lights on Afterschool (October 24) Customer Service Day (October 28) Halloween (October 31)

____________________________________________________________

For a list of Bridge and Finance actions, see Attachment 1For a list of Personnel Actions, see Attachment 2

For a list of Contracts and Purchases, see Attachment 3For the Affirmative Action Report, see Attachment 4

For a list of Legal Statistics, see Attachment 5

____________________________________________________________

____________________________________________________________

For PATCO Ridership and Financial Information,

See the General Manager’s Report in the PATCO section

Attached are reports from the appropriate departments.

____________________________________________________________

Respectfully Submitted,

John T. Hanson

Chief Executive Officer

PATCO

REPORT OF THE CHIEF EXECUTIVE OFFICER

ATTACHMENT 1

BRIDGE AND FINANCE

Activity for the Month of September 2019

178Adults: Juv.: 27CDS Arrests: 26DWI Arrests:7,901Calls for Service:

TotalCBB BFB PATCO BRB WWB

CBB: BFB: PATCO: BRB: WWB: Arrests NJ: Arrests PA:6 56 94 4 17 140 38

Total Arrests: 178

Incident Type

BFB: PATCO: BRB: WWB:4 10 2 0 10CBB:Reportable Accidents:

BFB: PATCO: BRB: WWB:CBB:Non Reportable Accidents:

BFB: PATCO: BRB: WWB:CBB:Accident with Injuries:

1 21 4 2 8

2 5 0 0 1

Arrests:

33 MV Stop 2,105335 518 97 382 773

26 Assist-Routine PD Backup 1,988165 704 369 142 608

35X Motorist/Patron Aid 76169 130 270 119 173

25 Escort 540192 47 57 244

88X Parking Viol./Compl. 46811 453 4

86 Removal 390186 201 3

47 Disabled MV 33038 76 3 46 167

91 Ped Investigation/Stop 22315 205 1 2

90 Other PD Assist 1346 22 59 12 35

46 Construction/Trades Backup 13344 35 6 11 37

79 Roadway Hazard/Station Hazard 8612 21 22 31

84 Check On Subject Well-being 853 18 49 3 12

25T Fare Problem 6262

90M OPDA Medical 501 1 44 1 3

25x Insufficient Funds 451 7 37

33C CV Stop 361 5 30

25EZ Easy Pass Redirect 351 1 33

17P Permit Premises Entry 3229 3

29 Alarm Activation 307 22 1

12 Suspicious Person/Activity/Event 278 16 3

101 BOLO 266 7 7 6

56 Med Emerg/Injury Report 253 19 2 1

38 Transport Courtesy 244 6 11 3

341F Property Found 201 2 17

17X Open/Secured Property 1816 1 1

78 Toll Dispute 174 7 1 5

341L Property Lost 163 13

8 911 Hang Up/Mis-Dial 145 8 1





Total Arrests: 178

Incident Type




1 21 4 2 8

2 5 0 0 1

Arrests:

78X Toll Evasion/TOS 131 6 5 1

91R Ped in Road/Tolls 111 5 4 1

65 Vandalism/Criminal Mischief 105 5

81 General Complaint 91 1 6 1

79X Debris Strike 92 2 5

52 Erratic Driver/Unfit Motorist 92 3 2 2

101S BOLO Suicidal 91 5 2 1

12U Unattended Package 88

97 Traffic Pattern Adjust 74 3

71 Fight/Disturbance 76 1

83 Counterfeit 62 4

310 Bridge Damage/PATCO Damage 63 3

87 Trespassing 53 2

71R Road Rage 53 2

64 Larceny/Theft 55

34 Suspicious Vehicle 55

98 Panhandling/Soliciting 44

74 Suicide Attempt 42 1 1

TRN Train Problem Equipment/Mechanical 33

77 Domestic 32 1

70 Animal Complaint 31 1 1

67 EDP (Emotionally Disturbed Person) 31 2

29E Elevator Alarm 33

76 Missing Person 22

65U Urinating/Defecating 22

313 Complaint Against Police 22

92 Lost Load 11

85X Assault 11





Total Arrests: 178

Incident Type




1 21 4 2 8

2 5 0 0 1

Arrests:

75 Suicide Found 11

56S Slip/Fall 11

53 Abandoned Vehicle 11

49 Investigate Location Conditions 11

48 Minor Incident 11

314 Complaint Against Dispatcher 11

25R Revenue Escort 11

20 Stolen/Recovered Vehicle 11

11 Fire 11

FINANCE

REVENUE AUDIT

Reported traffic and revenue for all four DRPA bridges for the month of July 2019:

2018 2019

Cash Revenue $9,073,480.52 $8,339,690.79

ETC Revenue $20,620,261.89 $21,701,375.24

Total Revenue $29,693,742.41 $30,041,066.03

Non ETC Traffic 1,691,266 1,877,268

ETC Traffic 3,144,871 2,951,415

Total Traffic 4,836,137 4,828,683

DELAWARE RIVER PORT AUTHORITY Attachment 1

TRAFFIC & BRIDGE TOLL FIGURESFOR THE PERIODS INDICATED

MONTH OF JULY TRAFFIC BRIDGE TOLLS

-----2019----- -----2018-----

INC/(DEC) INC/(DEC)

TRAFFIC TOLLS TRAFFIC TOLLS % AMOUNT % AMOUNT

BEN FRANKLIN 1,716,795 $9,593,167.39 1,718,263 $9,594,521.67 -0.09 (1,468) -0.01 ($1,354.28)

WALT WHITMAN 1,873,910 11,591,291.05 1,884,398 11,642,650.90 -0.56 (10,488) -0.44 (51,359.85)

COMMODORE BARRY 687,819 5,275,282.39 725,638 5,429,548.09 -5.21 (37,819) -2.84 (154,265.70)

BETSY ROSS 550,159 3,581,416.20 607,710 3,927,657.40 -9.47 (57,551) -8.82 (346,241.20)

4,828,683 $30,041,157.03 4,936,009 $30,594,378.06 -2.17 (107,326) -1.81 ($553,221.03)

`

YEAR TO DATE TRAFFIC BRIDGE TOLLS

1/1/19 TO 7/31/19 1/1/18 TO 7/31/18

INC/(DEC) INC/(DEC)

TRAFFIC TOLLS TRAFFIC TOLLS % AMOUNT % AMOUNT

BEN FRANKLIN 11,007,561 $61,660,929.87 10,856,988 $60,847,796.18 1.39 150,573 1.34 $813,133.69

WALT WHITMAN 11,629,013 $72,828,289.81 11,607,249 $72,758,997.02 0.19 21,764 0.10 $69,292.79

COMMODORE BARRY 4,181,373 $32,753,177.47 4,285,899 $33,555,518.16 -2.44 (104,526) -2.39 ($802,340.69)

BETSY ROSS 3,774,267 $24,353,505.63 4,114,180 $26,765,806.75 -8.26 (339,913) -9.01 ($2,412,301.12)

TOTALS 30,592,214 $191,595,902.78 30,864,316 $193,928,118.11 -0.88 (272,102) -1.20 ($2,332,215.33)

Note: New Toll Schedule Went Into Effect July 1st, 2011.

Distribution: John Hanson

Jim White


ATTACHMENT 2

PERSONNEL ACTIONS

DELAWARE RIVER PORT AUTHORITYACTIONS OF THE CHIEF EXECUTIVE OFFICER

COMMISSION MEETING OCTOBER 16, 2019ARTICLE XII-AATTACHMENT 2

PERSONNEL

*************************************************************************************************************************TEMPORARY APPOINTMENTS

E’Laine BrooksNJ

Temporary No BenefitsExecutive DivisionSpecial Projects (OPC)

09/03/2019 to 12/27/2019

Leslie N. BurrellPA

Temporary With BenefitsGeneral Counsel DivisionOffice of the General Counsel(OPC)

09/23/2019 to 03/27/2020

Nicole C. SmithNJ

Temporary With BenefitsExecutive DivisionPurchasing (OPC)

09/30/2019 to 12/27/2019

APPOINTMENTS

Douglas H. ClarkNJ

C&M MechanicOperations DivisionHighway (BRB)

09/09/2019

Michael A. JordanNJ

C&M MechanicOperations DivisionHighway (BRB)

09/09/2019

Murray N. BrennerNJ

Building Services ClerkAdministration DivisionMailroom (OPC)

09/21/2019

Milan J. Harrison, Jr.NJ


09/21/2019

Marquita SellarsNJ


09/23/2019

Themelis SoulouniasNJ

Safety SpecialistAdministration DivisionSafety (OPC)

09/23/2019

Actions of the Chief Executive OfficerCommission Meeting of 10/16/2019Page 2 of 5

TEMPORARY ASSIGNMENT TO HIGHER CLASSIFICATION

Gregory BragoPA

From: C&M MechanicOperations DivisionHighway (WWB)

To: Acting Highway ForemanOperations DivisionHighway (WWB)Eff: 08/31/2019 to 10/25/2019[Retro]

Michael J. DeSimonePA

From: Electrical TechnicianOperations DivisionElectrical (BFB)

To: Acting Electrical ForemanOperations DivisionElectrical (BFB)Eff: 09/07/2019 to 09/20/2019

Michael A. DiGiamberardinoNJ

From: Sr. ReproductionTechnicianAdministration DivisionPrinting Services (BFB)

To: Acting Supervisor, PrintingServicesAdministration DivisionPrinting Services (BFB )Eff: 09/12/2019 to 09/13/2019

Renee M. NelsonNJ

From: Highway ForemanOperations DivisionHighway (CBB)

To: Acting MaintenanceForemanOperations DivisionMaintenance (CBB)Eff: 09/13/2019 (1 day only)

Jerome K. PattonDE

From: Highway ForemanOperations DivisionHighway (WWB)

To: Acting Electrical ForemanOperations DivisionElectrical (WWB)Eff: 09/18/2019 (1 day only)

Michael A. DiGiamberardinoNJ

From: Sr. ReproductionTechnicianAdministration DivisionPrinting Services (BFB)

To: Acting Supervisor, PrintingServicesAdministration DivisionPrinting Services (BFB )Eff: 09/20/2019 (1 day only)

Natasha A. IoconoNJ

From: Purchasing SpecialistExecutive DivisionPurchasing (OPC)

To: Acting Purchasing AgentExecutive DivisionPurchasing (OPC )Eff: 09/21/2019 to 10/04/2019

John J. MeilerNJ

From: Corporal of PolicePublic Safety DivisionBFB, Platoon 2

To: Acting Sergeant of PolicePublic Safety DivisionBRB, Platoon 4Eff: 09/21/2019 to 03/27/2020


TEMPORARY ASSIGNMENT TO HIGHER CLASSIFICATION - Continued

Renee M. NelsonNJ


To: Acting Construction &Maintenance ManagerOperations DivisionBridge Director’s Office (CBB)Eff: 09/21/2019 to 09/27/2019

Douglas C. DeHartNJ

From: C&M MechanicOperations DivisionHighway (BFB)

To: Acting Highway ForemanOperations DivisionHighway (BFB)Eff: 09/28/2019 to 11/22/2019

Joseph R. FriesNJ

From: Highway ForemanOperations DivisionHighway (BRB)

To: Acting Electrical ForemanOperations DivisionElectrical (BRB)Eff: 09/28/2019 (1 day only)

Scott M. HillmanNJ

From: Highway ForemanOperations DivisionHighway (BFB)

To: Acting MaintenanceForemanOperations DivisionMaintenance (BFB)Eff: 09/28/2019 to 11/22/2019

Renee M. NelsonNJ


To: Acting MaintenanceForemanOperations DivisionMaintenance (CBB)Eff: 09/30/2019 to 10/01/2019

PROMOTIONS

Ricardo N. DeOliveiraNJ

From: Electrical ForemanOperations DivisionElectrical (BFB)

To: Construction &Maintenance ManagerOperations DivisionBridge Director’s Office (BFB)Eff: 09/07/2019

Joseph M. McAroyPA

From: Construction &Maintenance ManagerOperations DivisionBridge Director’s Office (BRB)

To: Bridge Director, BFB &BRBOperations DivisionBridge Director’s Office (BFB)Eff: 09/14/2019

Christopher F. BorgesiNJ

From: Revenue AuditorFinance DivisionRevenue Audit (OPC)

To: Supervisor, CashAssuranceExecutive DivisionInspector General’s Office(OPC)Eff: 09/21/2019


PROMOTIONS - Continued

Robert A. CreanNJ

From: Corporal of PolicePublic Safety DivisionTransit Unit, Platoon 2

To: Sergeant of PolicePublic Safety DivisionCBB, Platoon 1Eff: 09/21/2019

Daniel J. FlemingNJ

From: Electrical TechnicianOperations DivisionElectrical (BFB)

To: Electrical ForemanOperations DivisionElectrical (BFB)Eff: 09/21/2019

Francis X. FullertonNJ

From: Police OfficerPublic Safety DivisionBFB, Platoon 3

To: Corporal of PolicePublic Safety DivisionTransit Unit, Platoon 2Eff: 09/21/2019

John T. HoganNJ

From: Corporal of PolicePublic Safety DivisionBFB, Platoon 3

To: Sergeant of PolicePublic Safety DivisionBFB, Platoon 3Eff: 09/21/2019

Anthony B. LatorresNJ

From: Police OfficerPublic Safety DivisionWWB, Platoon 3


Keith D. LinkerPA

From: C&M MechanicOperations DivisionHighway (WWB)

To: Maintenance TechnicianOperations DivisionMaintenance (WWB)Eff: 09/21/2019

Kevin M. McClintockNJ

From: Police OfficerPublic Safety DivisionTransit Unit, Platoon 3


John J. RamboNJ

From: Corporal of PolicePublic Safety DivisionWWB, Platoon 1

To: Sergeant of PolicePublic Safety DivisionWWB, Platoon 4Eff: 09/21/2019

David P. Shields, Jr.NJ

From: Maintenance ForemanOperations DivisionMaintenance (BFB)

To: Construction &Maintenance ManagerOperations DivisionBridge Director’s Office (WWB)Eff: 09/21/2019


PROMOTIONS - Continued

Evelyn MaldonadoNJ

From: Data ManagementCoordinatorOperations DivisionBridge Director’s Office (WWB)

To: Purchasing SpecialistExecutive DivisionPurchasing (OPC)Eff: 09/28/2019

Tammy N. VeneyNJ

From: Purchasing ClerkExecutive DivisionPurchasing (OPC)

To: Purchasing SpecialistExecutive DivisionPurchasing (OPC)Eff: 09/28/2019

INTERAGENCY PROMOTION to PATCO - from DRPA - None

TITLE & DEPARTMENTAL CHANGES

Thomas S. LipskiNJ

From: Revenue OperationsAssessor ETCOperations DivisionRevenue Operations (BFB)

To: Cash Assurance AuditorExecutive DivisionInspector General’s Office(OPC)Eff: 09/21/2019

INTERAGENCY PROMOTION to DRPA - from PATCO - None

INTERAGENCY TRANSFERS to PATCO - from DRPA - None

INTERAGENCY TRANSFERS to DRPA - from PATCO - None

TRANSFERS - DEPARTMENTAL - None

RETIREMENTS - None

RESIGNATIONS - None

END OF TEMPORARY ASSIGNMENT - None

DECEASED - None


ATTACHMENT 3

CONTRACTS AND PURCHASES

ATTACHMENT 3

MONTHLY REPORTGENERAL PROCUREMENT ACTIVITY

During the month of September there were 81 Purchase Orders awarded totaling$618,681.25.

Approximately 14.39% or $89,048.29 of the monthly dollar total was made availableto MBE’s and WBE’s, representing 28.40% or 23 of the monthly total number ofPurchase Orders.

Of the total monthly procurement available to MBE’s and WBE’s, approximately49.11% or $43,730.36 was awarded to MBE’s and approximately 15.67% or$13,957.83 was awarded to WBE’s.

Of the total number of Purchase Orders available to MBE’s and WBE’s,approximately 52.17% or 12 Purchase Orders were awarded to MBE’s andapproximately 30.43% or 7 Purchase Orders were awarded to WBE’s.

Page 1

October 16, 2019 1

ACTIONS OF THE CHIEF EXECUTIVE OFFICERARTICLE XII-C

ATTACHMENT 3CONTRACTS AND PURCHASES

Re: Article XII-C, Section 1 (a)

Purchase Order 4500011641, Schneider Electric. Horsham, PA. Purchase Contract forUpdate of Camera System at WWB. Contract Value: $12,263.38 (PA/COSTARS Contract).

Purchase Order 4500011647, Dell Marketing L.P. Round Rock, TX. Purchase Contract forEighteen (18) OptiPlex 5050, Twenty-Six (26) Dell 22” Monitors, and Ten (10) DualMonitor Stands. Contract Value: $15,000.00. (NJ State Contract).

Purchase Order 4500011672, Perry Media Group LLC. Hummelstown, PA. PurchaseContract for Corporate Communication Consulting Services. Contract Value: $15,000.00(Emergency PO).

Purchase Order 4500011720, Dell Marketing L.P. Round Rock, TX. Purchase Contract forTwenty-Six (26) OptiPlex 7050. Contract Value: $2,150.00. (NJ State Contract).

Purchase Order 4500011725, Eplus Technology, Inc. Newtown, PA. Purchase Contract forIS Cisco Equipment. Contract Value: $13,475.00 (PA/COSTARS Contract).

Purchase Order 4500011736, W.W. Grainger Inc. Lake Forest, IL. Purchase Contract forHand Tools at WWB. Contract Value: $11,543.18 (Low Bid of 1, 4 Vendors Solicited).

Purchase Order 4500011776, Carrier Corporation. Chicago, IL. Purchase Contract for Two(2) Year Preventative Maintenance and Emergency Service for BRB Chillers, Condensersand DCC1 Vue Control System. Contract Value: $23,200.00. (Sole Source).

Purchase Order 4500011806, Schneider Electric. Horsham, PA. Purchase Contract forUpdate of Camera System at BRB and BFB. Contract Value: $13,373.78 (PA/COSTARSContract).

Purchase Order 4500011832, Shi International Corp. Somerset, NJ. Purchase Contract forSophos Server and Endpoint Protection. Contract Value: $16,185.00. (NJ State Contract).

Re: Article XII-C, Section 5

Authorized payments for Contracts and Engineering for the Bridges and PATCO SystemsAs follows: (see accompanying Schedule 1)

Contract and Engineering Payments: $4,249,052

October 16, 2019 2

2019 CAPITAL BUDGET

2019 Capital Budget – Realignment of Funds – From Five Year Capital ProgramTransmission Line Trimming PTD.31722 to Schedule T: Technology Projects andEquipment- Upgrades to Station LCD Screens SCT.39011. This Funding Will be used toUpgrade PATCO’s Existing Digital Displays in Stations to Allow for Real Time CustomerInformation and Advertising. Budget Amount: $125,000.00.

2019 Capital Budget – Realignment of Funds – From Schedule T: Technology Projects andEquipment – Upgrade DVS Signage Software SCT.37009 to Schedule D: Projects:PATCO –Ferry Ave. 3rd Rail Heater Tape SCD.31914. This Funding Will be used to Procure New 3rd

Rail Heater Tape to Both East and West Ferry Interlockings. Budget Amount: $40,000.00.

2019 Capital Budget – Realignment of Funds – From Schedule T: Technology Projects andEquipment –Firebug Safety Software SCT.17008 to Schedule D: Projects:PATCO –FerryAve. 3rd Rail Heater Tape SCD.31914. This Funding Will be used to Procure New 3rd RailHeater Tape to Both East and West Ferry Interlockings. Budget Amount: $30,000.00.

2019 Capital Budget – Realignment of Funds – From Five Year Capital Program SuspensionSpans Rehabilitation BFB.01910 to Schedule T: Technology Projects and Equipment-Program & Project Management Software & Implementation SCT.18007. This FundingWill be used to Procure, Configure and Implement a Program Management SoftwareSolution to Manage Capital Projects. Budget Amount: $129,800.00.

2019 Capital Budget – Realignment of Funds – From Schedule D Projects: PATCO WheelBarrel Grinder SCD.31805 to Schedule D: Projects: PATCO – Track GeometryMeasurement Trolley SCD.31912. This Funding Will be used to Procure and Train TrackPersonnel on Geometry Measurement Trolley Designed for the Continuous Measurement ofTrack Gauge, Cross-Level, Twist and Distance. Budget Amount: $13,000.00.

2019 Capital Budget – Realignment of Funds – From Five Year Capital Program EveshamPedestrian Bridge PFA.01702 to Five Year Capital Program: Stairwell Roof HatchesOTR.01906. This Funding Will be used for the Design and Construction for Installation ofNew Access Hatches Above Stairs on the 11th Floor Roof. Budget Amount: $80,000.00.

SCHEDULE 1

Contract Retained Prior Invoice

Resolution # Contract/Engineer Amount Percent Amount Amount Payments No. Amount

Modjeski & Masters, Inc.

(DRPA-16-001) Commodore Barry Bridge - Structural Rehabilitation - Phase 2 - Design 1,409,403$ 86.5% 1,218,552$ 74,608$ 1,132,273$ 36 - 37 11,672$

HNTB Corporation

(DRPA-16-111) PATCO Lindenwold Yard & Viaduct CM Services 6,293,482 59.5% 3,744,878 307,276 3,153,667 30 283,935

STV Inc.

(DRPA-17-066) BRB Painting - Phase 1 - Design 2,524,173 52.2% 1,316,827 79,045 1,194,321 21 43,461

A.P. Construction, Inc.

(DRPA-17-046) PATCO Installation of Elevators in Remaining PATCO Stations 31,900,000 26.0% 8,280,740 828,074 6,824,841 19-20 627,825

Burns Engineering, Inc.

(DRPA-17-069) PATCO Re-opening Franklin Square Station - Design 2,087,352 56.3% 1,175,557 111,161 978,527 18 85,869

LTK Engineering Services

(DRPA-07-019) PATCO Transit Car Overhaul Services Agreement 12,682,384 97.7% 12,386,591 50,002 12,280,265 141 - 142 56,324

AECOM

(DRPA-15-146) Betsy Ross Bridge Maintenance Painting & Steel Repairs 794,428 99.5% 790,674 11,786 775,396 32 3,492

(DRPA-18-029) PATCO Woodcrest Platform Rehabilitation - Design 1,056,730 81.1% 856,544 61,023 790,888 12 4,633

Remington & Vernick Engineers, Inc.

(DRPA-18-027) PATCO Woodcrest Parking Lot Rehabilitation - CMS 740,847 87.4% 647,205 0 567,955 7 - 8 79,249

(DRPA-18-048) CBB Elevator Replacement at Piers E1 & W1 - CMS 1,199,430 35.4% 424,590 0 318,333 6 - 7 106,257

Johnson, Mirmiran & Thompson

(DRPA-17-056) BFB South Walkway Bicycle & Pedestrian Ramp - CMS 1,273,000 97.6% 1,243,039 106,660 1,130,106 22 6,274

Railroad Construction/Railroad Construction Co. of SJ, Inc.

(DRPA-17-038) PATCO Lindenwold Yard & Viaduct Rehabilitation 36,028,545 76.0% 27,382,008 2,352,908 23,820,151 23 1,208,949

Corcon, Inc.

(DRPA-18-010) CBB Painting - Phase 2 PA Approach Spans 18,086,200 83.1% 15,032,200 1,127,415 13,100,368 13 804,417

TranSystems Corporation

(DRPA-18-068) PATCO Station Enhancements Design 166,404 25.0% 41,621 4,352 24,568 18 17,054

October 16, 2019

BRIDGES AND PATCO SYSTEM

SUMMARY OF AUTHORIZED CONTRACT AND ENGINEERING PAYMENTS

ARTICLE XII-C, SECTION 5

Completed Work (Billed)

1

Contract Retained Prior Invoice

Resolution # Contract/Engineer Amount Percent Amount Amount Payments No. Amount

October 16, 2019

BRIDGES AND PATCO SYSTEM

SUMMARY OF AUTHORIZED CONTRACT AND ENGINEERING PAYMENTS

ARTICLE XII-C, SECTION 5

Completed Work (Billed)

Arora

(DRPA-18-030) PATCO Lindenwold Fire Protection - Design 390,000 30.3% 118,006 11,771 100,377 12 5,858

Cherry, Weber & Associates

(DRPA-17-028) BRB NJ Route 90 Resurfacing Design 1,075,978 97.1% 1,044,289 45,454 991,778 20 7,057

Driscoll Construction Co Inc.

(DRPA-18-067) CBB Joint & Bearing Replacements 1,471,105 95.2% 1,401,029 66,504 1,263,585 8 70,940

KS Engineers, P.C.

(DRPA-16-087) CBB Painting - Phase 2 CM Services 2,549,736 58.7% 1,496,136 102,284 1,102,376 16 - 17 291,477

(DRPA-17-100) BRB & CBB Air-Blown Fiber Optic Installation CM Services 979,673 89.0% 872,220 52,192 799,333 18 20,695

Thornton Tomasetti

(DRPA-16-022) BFB Suspension Cable Investigation / Rehabilitation Design 3,541,700 92.5% 3,277,399 73,799 3,181,824 23 21,776

Vitetta Architects & Engineers

(DRPA-18-002) BFB Masonry Rehabilitation - Design 1,180,000 62.7% 739,964 30,066 697,228 18 12,671

WSP USA

(DRPA-19-003) DRPA Maintenance Facilities Space Planning Services 769,199 14.0% 107,602 10,760 79,896 4 16,946

Program Management General Engineering Contracts

(DRPA-17-093) General Engineering Contracts 10,000,000 22.4% 2,244,288 0 1,840,521 Various 403,767

(DRPA-18-084) General Engineering Contracts 3,000,000 2.5% 75,899 0 17,443 Various 58,456

Total Contract and Engineering Payments 4,249,052$

2


ATTACHMENT 4

EEO REPORT

DRPA EEO CATEGORIES

(By State)

STATE OF

RESIDENCE

JOB TITLE DE NJ PA

1 Chief Executive Officer 1

2 Chief Administrative Officer 1

3 Chief Engineer 1

4 Chief Financial Officer 1

5 Chief Operating Officer 1

6 Deputy Chief Executive Officer 1

7 Deputy General Counsel 1 1

8 General Counsel/Corporate Secretary 1

9 Inspector General 1

1 Bridge Directors 2 1

2 Captain of Police 2 1

3 Director, Corporate Communications & Community Relations 0

4 Director, Finance 1

5 Director, Fleet Management 1

6 Director, Government Relations 1

7 Director, Homeland Security & Emergency Management 1

8 Director, Human Resource Services 1

9 Director, Information Services 1

10 Director, Procurement 1

11 Director, Risk Management 1

12 Director, Strategic Initiatives 1

13 Engineering Program Manager 1

14 Manager, Construction & Maintenance 1

15 Manager, Planning & Design 0

16 Police Chief 1

1 Construction & Maintenance Manager 1 2 1

2 Fleet Shop Manager 1

3 Manager, Accounting 1

4 Manager, Budget/Financial Analysis 1

5 Manager, Capital Grants 1

6 Manager, Community Relations 1

7 Manager, Contract Administration 1

8 Manager, Corporate Communications 1

Page 1 of 7As of SEPTEMBER 30, 2019

Prepared: OCTOBER 3, 2019

DRPA EEO CATEGORIES

(By State)

STATE OF

RESIDENCE

JOB TITLE DE NJ PA

9 Manager, ERP & Applications 1

10 Manager, Government Relations 1

11 Manager, Internal Audit 0

12 Manager, Payroll 1

13 Manager, Production Systems 1

14 Manager, Procurement & Stores 1

15 Manager, Revenue Audit 1

16 Manager, Special Projects 1

17 Sr. Project Manager 1

18 Toll Manager 1 1

1 Electrical Foreman 5

2 Fleet Foreman 2

3 Highway Foreman 2 5 1

4 HVAC Foreman 2

5 Lead Programmer/Analyst 0

6 User Support Group Leader 1

7 Maintenance Foreman 6

8 Purchasing Agent 1

9 Sr. Accountant 1

10 Supervisor, Revenue Audit 0

1 Supervisor, Central Storeroom 1

2 Supervisor, Mail Room 1

3 Supervisor, Print Shop 1

4 Supervisor, Cash Assurance 15 Accounts Payable & Receivable Supervisor 0 1

OFFICIALS & ADMINISTRATORS (Total By State) 4 53 23

TOTAL OFFICIALS & ADMINISTRATORS 80

1 Lieutenant of Police 3 2



DRPA EEO CATEGORIES

(By State)

STATE OF

RESIDENCE

JOB TITLE DE NJ PA

1 Plaza Supervisor 12 11

1 Administrative Coordinator 1 12 10

2 C&M Technical Assistant 2

3 Digital Communications Specialist 1 1

4 EEO Specialist 1

5 Grants Specialist 0

6 Graphic Design Administrator 1

7 HRIS Specialist 1

8 HRS Specialist 1 1

9 Management Analyst 1

10 Project Analyst 1

11 Purchasing Specialist 4

12 Sr. Reproduction Technician 1

1 Accountant 1 1

2 Administrator, Compensation/HRIS 1

3 Administrator, Employee Relations, Programs & Policies 0

4 Administrator, Staffing & Recruiting 1

5 Administrator, Training & Employee Development 1

6 Associate Engineer 1 2

7 Auditor 1

8 Budget Analyst 1

9 Claims Administrator 1 1

10 Construction Contract Compliance Specialist 1

11 Contract Administrator 2

12 Engineering Program Analyst 1

13 Financial Analyst 1

14 IT Auditor 1

15 Project Manager (Office of the CAO) 1

16 Project Manager, HS & EM 2

17 Records Manager 1

18 Revenue Analyst 1

19 Safety Specialist 2 0



DRPA EEO CATEGORIES

(By State)

STATE OF

RESIDENCE

JOB TITLE DE NJ PA

1 Assistant General Counsel 4 2

2 Electrical Engineer 1

3 Principal Engineer 2

4 Senior Engineer 6 1

PROFESSIONALS (Total By State) 1 67 40

TOTAL PROFESSIONALS 108

1 Police Officer 3 65 25

1 Corporal of Police 10 2

1 Sergeant of Police 19 5

PROTECTIVE SERVICE WORKERS (Total By State) 3 94 32

TOTAL PROTECTIVE SERVICE WORKERS 129

1 HVAC Technician 6 2

1 Auto Technician 12 4

1 Electrical Technician 18 4

1 Construction & Maintenance Mechanic 3 29 15



DRPA EEO CATEGORIES

(By State)

STATE OF

RESIDENCE

JOB TITLE DE NJ PA

1 Maintenance Technician 1 32 8

CRAFT WORKERS (SKILLED) (Total By State) 4 97 33

TOTAL CRAFT WORKERS (SKILLED) 134

1 Business Analyst 1

2 Data Base Administrator 1

3 Network Technician 4

4 Programmer/Analyst 1

5 Systems Administrator 8 1

6 User Support Administrator 1 1 1

TECHNICIANS (Total By State) 1 15 3

TOTAL TECHNICIANS 19

1 Customer Service Coordinator 1 1

2 Executive Assistant to the CEO 2

3 Executive Legal Secretary 1

4 Legal Assistant, Claims 1

5 Legal Secretary 1 2

1 Accounting Clerk 2 0

2 Administrative Clerk (Revenue Audit) 0

3 Building Services Clerk 3 0

4 Central Stores Clerk 1

5 Contracts Administration Clerk 1

6 Data Management Coordinator 1

7 Dispatcher 9 7

8 Lead Dispatcher 1

9 File Clerk 1 1

10 Media Specialist 1

11 Purchasing Clerk 0

12 Reproduction Technician 1



DRPA EEO CATEGORIES

(By State)

STATE OF

RESIDENCE

JOB TITLE DE NJ PA

13 Temporary With Benefits (General Counsel's Office) 1

14 Temporary With Benefits (Purchasing) 1

1 Revenue Auditor 1

1 Cash Assurance Auditor (formerly Revenue Auditor) 3

1 Revenue Operations Assessor ETC (formerly Revenue Auditor) 1

1 Toll Collector 34 26

1 Revenue Operations Clerk 3

ADMINISTRATIVE SUPPORT (Total By State) 1 66 41

TOTAL ADMINISTRATIVE SUPPORT 108

TOTAL EMPLOYEES BY STATE 14 392 172

TOTAL DRPA EMPLOYEES - 578

SUMMARY (Employee Class)

NON-REP 6 140 69

215

IUOE 4 143 67

214



DRPA EEO CATEGORIES

(By State)

STATE OF

RESIDENCE

JOB TITLE DE NJ PA

IBEW 1 15 4

20

FOP 3 94 32

129



DELAWARE RIVER PORT AUTHORITY EEO SCORECARD

ATTACHMENT 5

QUARTER ENDING September 30, 2019

EEO CATEGORIES BLACK or HISPANIC AMERICAN INDIAN TWO TOTAL

FEMALE AFRICAN or ASIAN or or MINORITY

AMERICAN LATINO ALASKA NATIVE MORE RACES

# % # % # % # % # % # % # %

OFFICIALS &

ADMINISTRATORS 80 20 25% 17 21% 1 1% 2 3% 0 0% 0 0% 20 25%

PROFESSIONALS 108 62 57% 26 24% 10 9% 1 1% 0 0% 2 2% 39 36%

TECHNICIANS 19 6 32% 1 5% 0 0% 2 11% 0 0% 0 0% 3 16%

PROTECTIVE

SERVICE WORKERS 129 12 9% 9 7% 10 8% 0 0% 0 0% 2 2% 21 16%

ADMINISTRATIVE

SUPPORT 108 55 51% 37 34% 3 3% 0 0% 0 0% 1 1% 41 38%

CRAFT WORKERS

(SKILLED) 134 2 1% 4 3% 5 4% 1 1% 0 0% 0 0% 10 7%

TOTALS 578 157 27% 94 16% 29 5% 6 1% 0 0.00% 5 0.87% 134 23%

QUARTER ENDING June 30, 2019

EEO CATEGORIES

# % # % # % # % # % # % # %

OFFICIALS &

ADMINISTRATORS 78 18 23% 17 22% 1 1% 2 3% 0 0% 0 0% 20 26%

PROFESSIONALS 107 62 58% 27 25% 9 8% 1 1% 0 0% 2 2% 39 36%

TECHNICIANS 19 6 32% 1 5% 0 0% 2 11% 0 0% 0 0% 3 16%

PROTECTIVE

SERVICE WORKERS 127 13 10% 10 8% 10 8% 0 0% 0 0% 1 1% 21 17%

ADMINISTRATIVE

SUPPORT 111 55 50% 37 33% 4 4% 0 0% 0 0% 1 1% 42 38%

CRAFT WORKERS

(SKILLED) 132 2 2% 4 3% 5 4% 1 1% 0 0% 0 0% 10 8%

TOTALS 574 156 27% 96 17% 29 5% 6 1% 0 0.00% 4 0.70% 135 24%

AMERICAN LATINO ALASKA NATIVE MORE RACES

AFRICAN or ASIAN or or MINORITY

CURRENT UTILIZATION

TOTAL

EMPLOYEES

TOTAL

EMPLOYEES

BLACK or HISPANIC AMERICAN INDIAN TWO TOTAL

FEMALE


ATTACHMENT 5

LEGAL STATISTICS REPORT

Matter count report by Matter Sub-Type

Date Range: 09/01/2019 to 09/30/2019On Matters, Litigation

Matter Sub-Type Opened in Range Closed in Range

1 0

Contracts/Construction 0 2

Contracts/Federal Aid/Grant 0 1

Contracts/Indemnification 3 2

Contracts/License 1 0

Contracts/Purchase 3 2

Contracts/Real Estate Lease 1 0

Contracts/Real Estate ROEI 5 6

Contracts/Reimbursement 1 0

Contracts/Service 11 8

Employment/ADA 0 1

Employment/FMLA 2 0

Employment/S/L Term Disability 0 1

Employment/Workers' Comp 5 0

Environmental/Application 1 0

Environmental/Violations 1 0

Financial/Taxes 1 0

Labor/Arbitration 1 0

Management/Audit/Reports 1 1

Management/Policies & Procedur 1 0

GalexyMon Oct 07 16:13:30 Page 1 of 2

Matter Sub-Type Opened in Range Closed in Range

Personal Inj/Slip and Fall 3 0

Property Damage/Bridges 3 7

Property Damage/Facilities 3 0

Property Damage/Vehicle 3 1

Real Estate/Access/Right of Entry 1 0

Right to Know/Privilege Review 1 0

Right to Know/Records Review 3 1

Right to Know/Video/Recordings 1 1

Subpoena/Documents 2 0

Subpoena/Request for Video 1 1

Subpoena/Testimony 1 0

31 Items 61 35

GalexyMon Oct 07 16:13:31 Page 2 of 2

CFO REPORT

1

Report of the Chief Financial Officer

October 9, 2019

Delaware River Port AuthorityOf Pennsylvania and New JerseyOne Port Center2 Riverside DriveCamden, New Jersey 08101-1949

Re: FINANCIAL SUMMARY

Commissioners:

The following descriptive financial summary is based on the October 2, 2019unaudited DRPA/PATCO financial stat summary sheet, which follows this descriptivesummary in the Board packet.

DRPA Traffic and Toll Revenues

Thus far YTD traffic and toll revenue numbers continue to be lower than projected inthe traffic study (these projections anticipated a 0.8% increase in both traffic andrevenue

July 2019 YTD Audited Traffic and Toll Revenues - Key statistics:

1. July YTD 2019 figures reflect a decrease of 272K vehicles or a 0.88% decreasevs. 2018 actuals. For the month, traffic was lower vs. 2018, which is the fourthconsecutive month showing a decline in traffic volume vs. the previous year.

2. Audited YTD July toll revenues of $191.6 million were down $2.3 million versusthe previous year total of $193.9 million, or a 1.20% decrease. (The drop off inrevenue is attributable to the aforementioned decrease in traffic.)

3. Most of this decrease in both YTD traffic and revenues is attributable to trafficdeclines at our outer bridges. Thus far in 2019, the Betsy Ross (BRB) and theCommodore Barry (CBB) bridges have experienced traffic reductions of 340K(down 9.01%) and 105K (down 2.39%), respectively vs. 2018. (Note: Thedownward trend in BRB traffic began in October of 2018, whereas the trafficdecline at CBB began in February of this year. The reduction in traffic appearsto be largely related to construction projects.)

The combined impact of lower traffic at BRB and CBB has produced a 2019YTD reduction of $3.2 million in toll revenues vs. 2018. Fortunately, both theBFB and WWB have experienced slight traffic volume resulting in a gain inrevenue of $882K, which has partially offset the BRB and CBB decreases.

2

2019 DRPA July YTD Traffic and Revenues vs. 2019 Budget:

July YTD traffic and toll revenues were down from June YTD figures:

1. Traffic through July is slightly below budgeted numbers. YTD traffic is belowbudget by 226K vehicles or down by 0.73%, which is down from June YTD figures(which showed an decrease at 0.47%).

2. July 2019 toll revenues are also under budget by $1.3 million, or down by 0.67%.(By way of comparison, during 2018, both traffic and toll revenues exceededbudget by 1.99% and 1.69%, respectively.

2019 Unaudited YTD Traffic thru September 2019:

While unaudited YTD traffic figures, for the period thru September 2019, are down by0.37% vs. 2018, the numbers are an improvement vs. August YTD numbers (down0.62%). September traffic volume appears to have increased by 1.7% vs. 2018 figures,the first positive traffic month since March. (During the period April through August,monthly unaudited traffic has been down between 0.5% to 2.6%.)

Another positive note is that during September there was a slightly positive increasein CBB passenger traffic, the first time since March 2019. BRB’s negative traffic growthslowed somewhat as the vehicle count comparison of September figures (2018 vs.2019) decreased by about 34K vehicles. (The average decrease from April thru Augusthas been roughly 52,500 vs. 2018.).

PATCO Ridership and Net Revenues

Unaudited PATCO ridership and revenues continue a very positive trend through July.

2019 Ridership/Net Passenger YTD Revenues (thru July 2019):

1. Total ridership YTD was 6.4 million riders, which translated into $15.8 million innet passenger revenues. 2019 YTD ridership vs. 2018 is up by 185K passengersor a 2.96% increase.

2. Net passenger revenues of $15.8 million are up $545K vs. 2018 numbers, a 3.58%increase.

2019 Ridership Actuals vs. Budget (thru July):

1. PATCO ridership remains over budget, with 307K passengers above budget, a5.03% increase.

2. Net passenger fare revenues were $850K above budget, or a 5.70% increase.

3

BUDGET VS. ACTUAL EXPENSES (unaudited)

Unaudited combined expenses for DRPA/PATCO were $88.4 million, against a budgetof $96.4 million. Combined DRPA/PATCO budgets are 8.25%, or $7.9 million belowbudget through July. The under budget numbers are primarily attributable to lowerexpenses for contractual/professional services, data processing, repairs at the DRPA,and lower payroll/ESE expenses at DRPA and PATCO. (During 2018, we were 8.0%under budget at this stage.)

2019 CAPITAL PLAN FUNDING (General Fund and Bond Project Funds)

1. We began year 2019 with the General Fund at approximately $263 million, andwith $290 million in a new bond project fund, or a total of roughly $553 millionavailable to fund the 2019 5-year capital plan.

2. Capital expenditures during the month of September totaled roughly $7.2 million,up from roughly $6.6 million spent during August. The Authority made a $15.0million General Fund (GF) contribution which, after GF expenditures, resulted inan overall increase in the combined balance of the bond project and generalfunds by $5.1 million during September.

Through September, capital expenditures are approximately $34 million below2018 YTD spending levels.

3. The combined balance of the bond project fund and GF totals $553 million, whichis $5 million higher than last month, and equal to this year’s beginning balance.Key factors for this increase are: the reduced capital expenditures and large GFcontribution.

If the monthly GF contribution and capital expenditure trends continue for the lastthree months of the year, the combined balance could end up approx. $60 millionhigher than the $491 million year-end projected balance, or close to the $550million level.

UPCOMING FINANCE COMMITTEE/BOARD ACTIONS

1. 2020 Capital Budget – The Capital Budget Review Committee reviewed the 2020and multi-year capital budget requests last week. After the capital plan isfinalized it is expected to be presented to the O&M Committee for review and forFinance Committee approval in November.

2. 2020 DRPA/PATCO Operating Budgets – Operating budget hearings arescheduled for the end of the month. The operating budgets are to be presented

4

to the Finance Committee in late November and for Board approval in earlyDecember.

In addition, we will present the Annual Budgets required by our Bond Indentures,which is inclusive of debt service for our Revenue and Port District ProjectBonds, etc. (Article 5.15 and 5.07, respectively.)

3. Bond Indenture Certifications - As required by our Bond Indentures, the 2019 NetRevenue Requirement certification, per Article 5.09, will be presented to FinanceCommittee and Board in November.

Respectfully submitted,

James M. White, Jr.CFO/Treasurer

October 1, 2019

2018 vs. 2019 YTD thru 7/31/19 2018 Actual 2019 Actual Year-to-Year Change % Change

DRPA Traffic 30,864,316 30,592,214 (272,102) (0.88%)

DRPA Toll Revenues $193,928,118 $191,595,903 ($2,332,215) (1.20%)

Average Toll $6.2832 $6.2629 ($0.0203) (0.32%)Note: Snow impacted February 2016DRPA Traffic Increase (Decrease) from prior month (107,326) DRPA Revenue Increase (Decrease) from prior month ($553,221)

2018 vs. 2019 YTD thru 7/31/19 2018 Actual 2019 Actual Year-to-Year Change % Change

PATCO Ridership 6,234,816 6,419,361 184,545 2.96%

PATCO Net Passenger Revenues $15,221,413 $15,766,234 $544,821 3.58%

Average Fare $2.4414 $2.4560 $0.0147 0.60%

PATCO Ridership Increase (Decrease) from prior month 19,971 PATCO Revenue Increase (Decrease) from prior month $104,066

2019 YTD thru 7/31/19 2019 Budget (7 mo) 2019 Actual (7 mo) (Under) / Over Budget % (Under) / Over Budget

DRPA Traffic 30,818,622 30,592,214 (226,408) (0.73%)

DRPA Toll Revenues $192,890,415 $191,595,903 ($1,294,512) (0.67%)

DRPA Traffic Increase (Decrease) from prior month (103,599) DRPA Revenue Increase (Decrease) from prior month ($350,648)

Frequent Bridge Traveler Credit $1,010,934 $1,061,496 $50,562 5.00%

Delayed Transaction (Net) Revenue $1,444,191 $1,186,712 ($257,479) (17.83%) # of Transactions Reviewed: 560,497 YTD 2019 # of Transactions Reviewed: 3,115,160 since 5/2016

2019 YTD thru 7/31/19 2019 Budget (7 mo) 2019 YTD Actual (7 mo) (Under) / Over Budget % (Under) / Over Budget

PATCO Ridership 6,111,935 6,419,361 307,426 5.03%

PATCO Net Passenger Revenues $14,916,424 $15,766,234 $849,810 5.70%

PATCO Ridership Increase (Decrease) from prior month 22,753 PATCO Revenue Increase (Decrease) from prior month $67,031

2019 YTD thru 7/31/19 2019 YTD Budget 2019 YTD Actual (Under) / Over Budget % (Under) / Over Budget

DRPA Budget $61,972,154 $56,034,856 ($5,937,298) (9.58%)

PATCO Budget $34,392,452 $32,379,588 ($2,012,864) (5.85%)

Total $96,364,606 $88,414,444 ($7,950,162) (8.25%)

Change in Budget variance ($570,144)

2019 YTD thru 7/31/19 2019 YTD Budget 2019 YTD Actual (Under) / Over Budget % (Under) / Over Budget

PATCO Subsidy ($18,429,344) ($15,488,372) ($2,940,972) (15.96%)

Balance as of 9/30/2019 $259.4 million

Change in project fund balance from previous month ($7.1) million

Estimated Balance as of 9/30/2019 $293.7 million

Est. change in general fund balance from previous month $12.1 million

Est. Balance as of 9/30/2019 $553.0 million

Estimated change from previous month $5.1 million

Estimated Balance as of 12/31/2018 $552.7 millionEstimated change from 12/31/2018 $0.3 million

(CAPITAL) PROJECT FUND BALANCE

*Project fund consists of proceeds from the December 2018 Revenue Bond issuance to fund major capital projects.

ESTIMATED GENERAL FUND BALANCE

Reflects balance after use of $281.6MM for defeasement of 2010D in November. In 2019 General Fund to be used to fund smaller "short-lived" 2019 capital projects.

CONSULTATIVE AND DELIBERATIVE WORKPAPERS

DRPA/PATCO UNAUDITED FINANCIAL SUMMARY

BUDGET VS. ACTUAL

BUDGET VS. ACTUAL (UNAUDITED)

YEAR-TO-YEAR COMPARISON

DRPA TRAFFIC / PATCO RIDERSHIP AND REVENUE

OPERATING EXPENSES - YTD July 31, 2019

ESTIMATED FUNDS AVAILABLE TO FUND CAPITAL PROGRAM (Total Project and General Fund Bal.)

October 1, 2019

CONSULTATIVE AND DELIBERATIVE WORKPAPERS

DRPA/PATCO UNAUDITED FINANCIAL SUMMARY

As of 9/30/2019 (in thousands of dollars)

Principal Outstanding % of TotalBond Ratings (Moody's/S&P)

Fixed Rate Bonds ###### 1,298,870$ 100.0% see belowVariable Rate Bonds (LOC backed) - 0.0%Variable Rate Bonds (Direct Purchase) - 0.0%

Total Debt 1,298,870$ 100.0%

Revenue Bonds 1,177,090$ 90.6% A2 positive/ A + stable Changed Nov. 16, 2018

PDP Bonds 121,780 9.4% Baa2 positive / A stable Changed Nov. 16, 2018Total Debt 1,298,870$ 100.0%

S&P upgraded DRPA Revenue and PDP Bonds in Nov. 2013 to A and BBB positive. In December 2014, S&P affirmed these ratings.In April 2016, S&P upgraded DRPA's PDP Bond ratings from "BBB" to "A-". The Revenue Bonds were affirmed at "A", stable outlook.In August 2017 S&P reaffirmed the existing bond ratings. On Nov. 16, 2018, S&P upgraded all DRPA Revenue and PDP bonds , taking the revenues bonds to "A+" from A.and the PDP bonds fom "Baa3" to "Baa2"Moody's moved all DRPA bonds to stable outlook in Nov. 2012 and reaffirmed DRPA ratings in December 2015. In October 2017, Moody's upgraded DRPA's Revenue Bond ratings from "A3" to "A2" with a stable outlook and upgraded the PDP Bond ratings from "Baa3" to "Baa2" with a stable outlook. Moody's raised the "outlook" on all bonds, from stable to positive.

KEY 2013 - 2017 FINANCE ACTION PLAN INITIATIVES

3. New Bond issue: Ratings agency (Moody's & S&P) and investor presentations completed in November. S&P Ratings increased from A- to A.4. S&P affirms ratings December 2014.5. Feb. 2015: Barclays agreed to extend the LOC to March 20, 2018, at a reduced facility rate of 7.5 basis points - expected $95k decrease in annual fees.6. July: Swap Novation - UBS replaced as swap counterparty on both DRPA active swaps. TD Securities & Wells Fargo are the new counterparties (2015).7. July: Loan Guarantee with TD Bank finalized.- $796K for 10 years.8. July : Reinstitution of E-ZPass Commuter Discount - December 1, 2015 implementation date.

10. In April, S&P upgraded the DRPA's PDP debt from "BBB" to A stable. S&P reaffirmed the ratings on Revenue Bonds at A, stable.11. Reallocation of $3.5 million in unspent Ec. Development funds to help fund WWB repainting project, PATCO vulnerability study, etc.

13. BNY Mellon LOC terminated on June 9; replaced by direct purchase variable rate loan with Wells Fargo Bank. (see above)14. B of A and Royal Bank LOCs terminated July 25. Replaced by 2 direct purchase loans from B of A and one by TD Bank. (see above)

16. 2017: DRPA has received multiple proposals from investment banks relative to refunding a portion of the 2010 D bonds.17. 2017: DRPA completed TD Bank LOC transaction on Nov. 21, with savings of approx. $1.0 million over 5 years.

1. DRPA extended Barclays LOC for 4 year term at slighly reduced LOC facility costs.2. DRPA Board has authorized defeasement of all or portion of 2010D bonds based on market conditions3. DRPA Board has authorized new money issuance subject to market conditions4. DRPA assessing impact of new tax law on FRN (Floating Rate Notes) procured with 3 banks in 2016. (See principal amounts above)5. Investment analysis of General Fund and new proposed investment guidelines to be discussed again at Finance Committee meeting in early 2019.6. Renegotiated FRN rate with Wells Fargo. 7. November 16: 2010D Bonds Defeased in the amount of $308.4 million using $281.6 in General Funds

1. New investment policy approved by Finance and Board in Feb. Phase I of implementation: Contacted existing money managers on new policy, after veto period expired.

2019 ACTION PLAN INITIATIVES

Ratings Actions:

9. December 18: Issuance of 2018 Revenue Bonds Series A $273.5 million, Revenue Refunding Bonds Series B $404.1 million, Revenue Bonds Series C $22.9 million and Terminated the remainder of the swaps. The DRPA has eliminated ALL variable rate debt, and swaps, as of 12/18/18.

8. December 12: Terminated the 2000 Swaptions (Inactive)

2. 2008 Revenue Bond LOCs extensions were completed on June 28. Retaining TD Bank and Bank of America with fees at 0.655% to 0.70%, respectively.

9. BNY Mellon and RBC LOCs extended to June 16 and August 1, respectively (2016).

1. LOC restructuring for 2010 Revenue Refunding Bonds closed on March 21, 2013. Three new LOC providers. LOCs fees range from 0.45% to 0.70%.

15. In Sept., the Board authorized staff to execute a possible advanced refunding of the 2010 and 2013 bonds, if appropriate. The authorization also permitted staff to execute prudent transaction related to DRPA swaps, including a fixed rate bond issue, if warranted.

12. Underwriter/Remarketer RFQ to establish Bond Pool in progress. Bond pool established by Board Resolution.

2018 ACTION PLAN INITIATIVES

TOTAL DRPA BOND DEBT

Restricted Funds Restricted Funds Restricted Funds March 31, 2019 December 31, 2018Capital Revenue General Maintenance Bond Service Bond Reserve Project Combined Combined Fund Fund Fund Fund Funds Funds Funds Total Total PY

Assets Current Assets Cash and Cash Equivalents 3,222,863$ 30,107,375$ 33,330,238$ 30,393,693$ Investments 230,187,275 230,187,275 234,253,322 Accounts Receivable net of Allowance 9,123,935 10,952,610 20,076,545 22,593,740 Accrued Interest Receivable 606,143 606,143 602,227 Transit System and Storeroom Inventories 339,430 5,787,818 6,127,249 6,132,343 Prepaid Expenses 3,403,330 1,107,904 4,511,234 5,516,978 Economic Development Loans net Current Portion 494,157 494,157 494,049 Restricted Assets Cash and Cash Equivalents 3,006,362 536,831 3,543,193$ 7,306,557 Investments 15,523,184 5,322,292 34,594,875 127,702,620 481,101 183,624,072 167,475,114 Accrued Interest Receivable - Total Current Assets -$ 34,619,105$ 279,243,282$ 5,322,292$ 34,594,875$ 127,702,620$ 1,017,932$ 482,500,106$ 474,768,022$

Non Current AssetsRestricted Investments for Capital Assets 276,817,544$ 276,817,544$ 290,184,789$ Derivative instrument - forward delivery agreements 340,000 1,780,000 2,120,000$ 2,120,000$ Capital Assets net of Accumulated Depreciation Land 74,050,809 25,000 74,075,809 74,075,809 Construction in Progress 433,474,646 433,474,646 418,117,102 Bridges and Related Buildings and Equipment 701,083,611 701,083,611 714,463,181 Transit Property and Equipment 445,267,695 445,267,695 451,589,729 Port Enhancements 1,026,485 1,026,485 1,089,900 Total Non current Assets 1,654,903,246$ -$ 25,000$ 340,000$ -$ 1,780,000$ 276,817,544$ 1,933,865,790$ 1,951,640,510$ Other Economic Development Loans net Non Current Portion 11,051,743 11,051,743 11,175,390 Debt Issuance Costs net of Amortization 45,587 45,587 60,783 Total Other Assets -$ -$ 11,097,330$ -$ -$ -$ -$ 11,097,330$ 11,236,173$

-$ Total Non Current Assets 1,654,903,246$ -$ 11,122,330$ -$ -$ -$ 276,817,544$ 1,944,963,121$ 1,962,876,683$

Total Assets 1,654,903,246$ 34,619,105$ 290,365,612$ 5,322,292$ 34,594,875$ 127,702,620$ 277,835,476$ 2,427,463,226$ 2,437,644,705$ Forward delivery agreement related amountsDeferred Outflows of Resources Pension Related Amounts 24,747,500 8,828,443 33,575,943 33,575,942 Loss on Refunding of Debt 50,050,969 1,225,202 51,276,171 54,473,156 Total Deferred Outflows of Resources 50,050,969$ 24,747,500$ 10,053,645$ 340,000$ -$ 1,780,000$ -$ 84,852,115$ 88,049,098$

Liabilities Current Liabilities Accounts Payable Retained Amounts on Contracts 204,770 15,599,753 15,804,523 17,920,833 Other Accounts Payable 2,228,465 4,603,923 6,832,388 28,895,511 Accrued Liabilities - Claims and Judgments 352,645 251,881 604,526 821,000 Self Insurance 969,916 925,923 1,895,840 1,898,000 Pension 6,891,501 1,347,378 8,238,878 4,734,874 Sick and Vacation Leave Benefits 1,524,150 294,200 1,818,349 2,740,000 Other Accrued Liabilities 1,035,746 1,646,552 2,682,298 2,629,617 Unearned Revenue 386,740 2,270,955 2,657,695 5,578,501 Liabilities Payable Restricted Assets Accrued Interest Payable 17,366,042 17,366,042 16,563,020 Bond Payable - Current 55,725 12,615 68,340 11,895,000 Total Current Liabilities 55,725$ 13,593,932$ 26,953,181$ -$ 17,366,042$ -$ -$ 57,968,879$ 93,676,357$ Non Current Liabilities Accrued Liabilities Claims and Judgments 528,967 377,821 906,789 547,438 Self Insurance 1,454,874 1,388,885 2,843,759 2,848,092 Sick and Vacation Leave Benefits 2,286,224 441,300 2,727,524 1,827,210 Net Pension Liability 124,411,321 19,945,754 144,357,075 144,357,075 Other Post Employment Liabilities 70,859,134 11,653,925 82,513,059 82,513,059 Unearned Revenue 580,109 3,406,433 3,986,542 967,125 Bonds Payable net of Amortizations 1,271,183,238 130,428,101 1,401,611,340 1,405,576,585 Total Noncurrent liabilities 1,271,183,238$ 200,120,631$ 167,642,220$ -$ -$ -$ -$ 1,638,946,088$ 1,638,636,584$

Total Liabilities 1,271,238,963$ 213,714,562$ 194,595,400$ -$ 17,366,042$ -$ -$ 1,696,914,967$ 1,732,312,941$ Deferred Inflows of Resources Pension Related Amounts 9,868,249 1,557,397 11,425,646 11,425,646 Forward delivery agreement related amounts 340,000 1,780,000 2,120,000 2,120,000 Total Deferred Inflows of Resources -$ 9,868,249$ 1,557,397$ 340,000$ -$ 1,780,000$ -$ 13,545,646$ 13,545,646$

Total Net Position 433,715,252$ (164,216,206)$ 104,266,460$ 5,322,292$ 17,228,833$ 127,702,620$ 277,835,476$ 801,854,728$ 779,835,322$

DELAWARE RIVER PORT AUTHORITYBALANCE SHEET

March 31, 2019UNAUDITED

Page 1

2019 Second QuarterFinancial Statement

Restricted Funds Restricted Funds Restricted Funds June 30, 2019 December 31, 2018Capital Revenue General Maintenance Bond Service Bond Reserve Project Combined Combined Fund Fund Fund Fund Funds Funds Funds Total Total PY

Assets Current Assets Cash and Cash Equivalents 4,057,463$ 20,988,389$ 25,045,852$ 30,393,693$ Investments 254,671,130 254,671,130 234,253,322 Accounts Receivable net of Allowance 9,113,831 11,628,380 20,742,210 22,593,740 Accrued Interest Receivable 731,149 731,149 602,227 Transit System and Storeroom Inventories 335,798 5,778,521 6,114,319 6,132,343 Prepaid Expenses 2,537,929 839,882 3,377,811 5,516,978 Economic Development Loans net Current Portion 975,986 975,986 494,049 Restricted Assets Cash and Cash Equivalents 3,644,213 536,831 4,181,044$ 7,306,557 Investments 15,972,170 5,371,948 68,241,359 128,507,408 0 218,092,884 167,475,114 Accrued Interest Receivable - Total Current Assets -$ 35,661,403$ 295,613,437$ 5,371,948$ 68,241,359$ 128,507,408$ 536,831$ 533,932,386$ 474,768,022$

Non Current AssetsRestricted Investments for Capital Assets 269,428,736$ 269,428,736$ 290,184,789$ Derivative instrument - Forward delivery agreements 340,000 1,780,000 2,120,000$ 2,120,000$ Capital Assets net of Accumulated Depreciation Land 72,072,118 25,000 72,097,118 74,075,809 Construction in Progress 462,928,385 462,928,385 418,117,102 Bridges and Related Buildings and Equipment 687,704,300 687,704,300 714,463,181 Transit Property and Equipment 438,946,491 438,946,491 451,589,729 Port Enhancements 963,069 963,069 1,089,900 Total Non current Assets 1,662,614,362$ -$ 25,000$ 340,000$ -$ 1,780,000$ 269,428,736$ 1,934,188,099$ 1,951,640,510$ Other Economic Development Loans net Non Current Portion 10,449,456 10,449,456 11,175,390 Debt Issuance Costs net of Amortization 30,392 30,392 60,783 Total Other Assets -$ -$ 10,479,848$ -$ -$ -$ -$ 10,479,848$ 11,236,173$

-$ Total Non Current Assets 1,662,614,362$ -$ 10,504,848$ -$ -$ -$ 269,428,736$ 1,944,667,947$ 1,962,876,683$

Total Assets 1,662,614,362$ 35,661,403$ 306,118,285$ 5,371,948$ 68,241,359$ 128,507,408$ 269,965,567$ 2,478,600,332$ 2,437,644,705$

Deferred Outflows of Resources Pension Related Amounts 24,747,500 8,828,443 33,575,943 33,575,942 Loss on Refunding of Debt 46,972,365 1,106,822 48,079,187 54,473,156 Total Deferred Outflows of Resources 46,972,365$ 24,747,500$ 9,935,265$ 340,000$ -$ 1,780,000$ -$ 81,655,130$ 88,049,098$

Liabilities Current Liabilities Accounts Payable Retained Amounts on Contracts 218,516 17,107,535 17,326,051 17,920,833 Other Accounts Payable 2,036,933 4,601,443 6,638,376 28,895,511 Accrued Liabilities - Claims and Judgments 160,580 241,871 402,451 821,000 Self Insurance 881,841 1,006,827 1,888,668 1,898,000 Pension 6,895,980 1,260,274 8,156,254 4,734,874 Sick and Vacation Leave Benefits 1,523,215 293,690 1,816,906 2,740,000 Other Accrued Liabilities 1,021,798 1,779,797 2,801,595 2,629,617 Unearned Revenue 966,493 2,313,607 3,280,100 5,578,501 Liabilities Payable Restricted Assets Accrued Interest Payable 33,483,872 33,483,872 16,563,020 Bond Payable - Current 55,725,000 12,615,000 68,340,000 11,895,000 Total Current Liabilities 55,725,000$ 13,705,356$ 41,220,044$ -$ 33,483,872$ -$ -$ 144,134,273$ 93,676,357$ Non Current Liabilities Accrued Liabilities Claims and Judgments 240,870 362,807 603,677 547,438 Self Insurance 1,322,761 1,510,241 2,833,002 2,848,092 Sick and Vacation Leave Benefits 2,284,823 440,536 2,725,358 1,827,210 Net Pension Liability 124,411,321 19,945,754 144,357,075 144,357,075 Other Post Employment Liabilities 70,859,134 11,653,925 82,513,059 82,513,059 Unearned Revenue - 3,470,411 3,470,411 967,125 Bonds Payable net of Amortizations 1,212,076,936 117,365,839 1,329,442,774 1,405,576,585 Total Noncurrent liabilities 1,212,076,936$ 199,118,909$ 154,749,512$ -$ -$ -$ -$ 1,565,945,356$ 1,638,636,584$

Total Liabilities 1,267,801,936$ 212,824,265$ 195,969,556$ -$ 33,483,872$ -$ -$ 1,710,079,629$ 1,732,312,941$ Deferred Inflows of Resources Pension Related Amounts 9,868,249 1,557,397 11,425,646 11,425,646 Forward delivery agreement related amounts 340,000 1,780,000 2,120,000 2,120,000 Total Deferred Inflows of Resources -$ 9,868,249$ 1,557,397$ 340,000$ -$ 1,780,000$ -$ 13,545,646$ 13,545,646$

Total Net Position 441,784,792$ (162,283,611)$ 118,526,596$ 5,371,948$ 34,757,487$ 128,507,408$ 269,965,567$ 836,630,188$ 779,835,322$

DELAWARE RIVER PORT AUTHORITYBALANCE SHEET

June 30, 2019UNAUDITED

Page 1

6/30/2019 6/30/2018 2019 2018Operating Revenues Bridges: Tolls (Schedule 4) 161,370,995$ 163,335,636$ 85,361,643$ 86,884,033$ Other Operating Revenues 2,738,700 3,029,347 1,636,493 1,553,733 Total Bridge Operating Revenues 164,109,695$ 166,364,983$ 86,998,136$ 88,437,766$

Transit System: Passenger Fares 13,422,771 13,014,080 6,845,808 6,648,107 Other Operating Revenues 957,615 822,497 412,066 450,690 Total Transit System Operating Revenues 14,380,386$ 13,836,577$ 7,257,874$ 7,098,797$

Other - - Miscellaneous 77,299 113,522 60,597 53,450

Total Operating Revenues 178,567,380$ 180,315,082$ 94,316,607$ 95,590,013$ Operating Expenses Operations 23,621,659 23,943,000 11,457,422 11,985,537 Transit System 22,203,179 21,941,321 10,761,642 10,800,805 Community Impact 249,997 249,997 124,998 124,998 General & Administrative 30,716,132 29,354,416 15,950,293 15,782,909 Port of Philadelphia & Camden - - - - Depreciation 39,528,949 32,273,812 19,763,931 16,096,344 Total Operating Expenses 116,319,917$ 107,762,546$ 58,058,286$ 54,790,593$

Operating Income 62,247,464$ 72,552,536$ 36,258,321$ 40,799,420$

Non Operating Revenues (Expenses)Interest Income 9,748,719 6,168,090 5,356,024 3,604,789

9,748,719$ 6,168,090$ 5,356,024$ 3,604,789$

Interest on Funded Debt Port District Project Bonds, Series 1999 (323,532) (574,999) (161,766) (287,499) Amortization Expense PDP Series 1999 (30,392) (30,392) (15,196) (15,196) Refunding Revenue Bonds, Series 2008 - (1,996,198) - (1,060,310) 1995 Revenue Swap Payments (Rel 2008) - (4,535,506) - (2,183,482) Refunding Revenue Bonds, Series 2010 - (2,360,826) - (1,250,939) 1999 Revenue Swap Payments (Rel 2010) - (5,701,037) - (2,749,307) Revenue Bonds, Series D 2010 - (7,727,100) - (3,863,550) Amortization Expense Rev Bonds Series D 2010 - (19,830) - (9,915) Port District Project Refunding Bonds 2012 (2,118,813) (2,246,968) (1,059,407) (1,123,484) Revenue Bonds, Series 2018 (17,282,925) - (8,641,463) - Amortization Expense Rev Bonds Series A-B 2018 433,538 - 216,769 - Revenue Bonds, Series 2013 (11,544,087) (11,544,087) (5,772,044) (5,772,044)

(30,866,211)$ (36,736,943)$ (15,433,106)$ (18,315,726)$

Economic Development Activities (12,907) (46,450) (10,647) (32,609) Gain (Loss) on Assets 896,309 - (896,309) - Other Grant Revenues 4,333,674 939,702 849,563 751,855 Other Non Operating Income 386,773 156,610 281,827 103,585 Other Non Operating Expenses (534,670) (373,712) (529,844) (265,627) Total Non Operating Revenues (Expenses) (16,048,313)$ (29,892,703)$ (10,382,492)$ (14,153,733)$

Income Before Capital Contributions 46,199,150$ 42,659,833$ 25,875,829$ 26,645,687$ Fed & State Capital Improvement Grants 10,595,716 8,493,796 8,793,354 5,774,470

Change in Net Position 56,794,866$ 51,153,629$ 34,669,183$ 32,420,157$

Net Position, January 1, April 1 779,835,322$ 669,997,546$ 801,961,006$ 688,731,018$

Net Position, June 30 836,630,188$ 721,151,175$ 836,630,188$ 721,151,175$

Period Ending Second Quarter

DELAWARE RIVER PORT AUTHORITYCombined Statements of Revenues, Expenses and Changes in Net Position

For the Year Ended June 30 (Unaudited)(amounts expressed in thousands)

Page 2

Cash Flow Statement6/30/2019 6/30/2018

Cash Flows From Operating Activities Receipts from Customers and Users 180,624$ 179,553$ Payment for Other Goods and Services (35,170) (29,814) Payments for Employee Services (57,874) (56,554) Net cash Provided by Operating Activities 87,580$ 93,185$

Cash Flows From Non Capital Financing Payments for Econ Dev Activity (13) (46) Repayment of Econ Development Loans 244 207 Grants Received 4,334 940 Proceeds from Non Operating Income 387 157 Payments for Non Operating Expenses (1,795) (1,391) Net Cash Provided by Non Capital Finance 3,157$ (135)$

Cash Flows From Capital Financing Acquisition & Construction of Capital Asset (44,811) (56,980) Proceeds From the Sale of Capital Assets 2,875 - Capital Contributions Received 10,596 8,494 Principal Paid on Bonded Debt (15,190) (55,865) Interest Paid on Debt (12,020) (37,437) Net Cash Provided by Capital Finance (58,550)$ (141,788)$

Cash Flows From Investing ActivitiesPurchase of Investments (260,416) (317,576) Proceeds from Sale/Maturity Investments 210,136 361,308 Interest Received 9,620 6,114 Net Cash Provided by Investing Activity (40,660)$ 49,846$

Net Increase (Decrease) in Cash and Equivalents (8,473)$ 1,108$

Cash, Beginning of Year 37,700$ 38,725$

Cash, End of Period 29,227$ 39,833$

Cash at June 30 29,227$ 37,954$ Unrestricted 25,046$ 32,364$ Restricted 4,181$ 5,590$

Period Ending

CONSOLIDATED STATEMENT OF CASH FLOWSFor the Period Ended June 30 (Unaudited)

(amounts expressed in thousands)

Page 3

Restricted Restricted Funds Restricted Capital Revenue General Maintenance Bond Service Bond Reserve Combined Project June 30, 2019 December 31, 2018Fund Fund Fund Fund Funds Funds Funds Total Total

Net Position (Deficiency), January 1 437,764$ (174,264)$ 80,843$ 5,275$ 11,254$ 127,730$ 291,232$ 779,835$ 744,132$

Change in Accounting Principal (74,135)$

Revised Net Position 437,764$ (174,264)$ 80,843$ 5,275$ 11,254$ 127,730$ 291,232$ 779,835$ 669,998$ Revenues & Expenses:Operating Revenue 164,151 14,417 178,567 371,907 Operating Expenses (39,529) (23,581) (22,494) (85,604) (170,707) General & Administration Expense (24,100) (6,616) (30,716) (68,756) Investment Income 95 4,676 97 358 1,479 3,044 9,749 25,020 Interest Expense 717 653 (32,236) (30,866) (66,736) Economic Development Activities (13) (13) (68) Other Non Operating Revenues (Expenses) 796 (567) 519 748 (9,366) Other Grant Revenues 4,334 4,334 1,552 Total Revenue & Expenses (38,016)$ 115,998$ (4,524)$ 97$ (31,878)$ 1,479$ 3,044$ 46,199$ 82,846$

Gov't Contributions for Cap Improvements 10,596 10,596 26,994

Total Interfund Transfers & Payments 42,037$ (104,018)$ 31,612$ - 55,381$ (701)$ (24,311)$ -

Net Position (Deficiency) End of Period 441,785$ (162,284)$ 118,527$ 5,372$ 34,757$ 128,507$ 269,966$ 836,630$ 779,835$

Combined Supplemental Schedule of Changes in Fund Net Position Information by Fund For the Period Ended June 30, 2019 (Unaudited)

Page 4

Assets 06/30/19 Investments $ 31,753

Total Assets 31,753

Liabilities Accrued Expenses 24

Total Liabilities 24

Net Position Held in Trust for Retiree Health Benefits 31,729

Total Net Position $ 31,729

The accompanying notes to combined financial statements are an integral part of this statement.

DELAWARE RIVER PORT AUTHORITYOther Postemployment Benefits Trust

Combined Statement of Trust Net Position Available for BenefitsFor the Period Ended June 30, 2019 (Unaudited)

(amounts expressed in thousands)

Page 5

Additions 6/30/2019 Investment Income (Loss) 694

Total additions 694

Deductions Benefit Payments Administrative Expenses (48)

Total deductions (48)

Increase (Decrease) in Net Position 646

Net Position, January 1 31,083

Net Position, June 30, 2019 $ 31,729

The accompanying notes to combined financial statements are an integral part of this statement.

(amounts expressed in thousands)Unaudited

DELAWARE RIVER PORT AUTHORITYOther Postemployment Benefits Trust

Combined Statement of Changes in Trust Net PositionFor the Year Period Ended June 30, 2019 (Unaudited)

Page 6

DELAWARE RIVER PORT AUTHORITY Notes to Combined Financial Statements

For the Periods Ended June 30, 2019 and December 31, 2018 (dollars expressed in thousands)

Page 7

Note 1. Summary of Significant Accounting Policies Description of Operations: The Delaware River Port Authority (the “Authority”) is a public corporate instrumentality of the Commonwealth of Pennsylvania (the “Commonwealth”) and the State of New Jersey (the “State”), created with the consent of Congress by compact legislation between the Commonwealth and the State. The Authority has no stockholders or equity holders. The Authority is vested with the ownership, control, operation, and collection of tolls and revenues of certain bridges spanning the Delaware River; namely, the Benjamin Franklin, Walt Whitman, Commodore Barry, and Betsy Ross bridges. The Authority has also constructed, and owns, a high-speed transit system that is operated by the Port Authority Transit Corporation (“PATCO”). The transit system operates between Philadelphia, Pennsylvania and Lindenwold, New Jersey. The costs of providing facilities and services to the general public on a continuing basis are recovered primarily in the form of tolls and fares. The Authority is a member of the E-ZPass Interagency Group, the largest interoperable electronic toll collection system in the world, comprised of twenty-nine (29) agencies in seventeen (17) states. Through June 30, 2019 customer participation in the E-ZPass electronic toll collection process exceeded seventy-five percent (75.3%) of its toll collection activity during rush hour periods. Toll revenues collected through E-ZPass are seventy-two percent (72%) of total toll revenues. The Authority owns its One Port Center headquarters building and leases several floors to various tenants. The building is managed by a real estate management firm, which is overseen by Authority senior management. Basis of Presentation: The combined financial statements of the Authority have been prepared in conformity with accounting principles generally accepted in the United States of America, as applied to governmental units. The Governmental Accounting Standards Board (“GASB”) is the accepted standard setting body for establishing governmental accounting and financial reporting principles. As part of the Authority’s combined financial statements, two funds are maintained: a proprietary fund (enterprise fund) and a fiduciary fund (other employee benefit trust fund). The focus of enterprise funds is the measurement of economic resources, that is, the determination of operating income, changes in net position (or cost recovery), financial position, and cash flows. The focus of fiduciary funds is also the measurement of economic resources. The enterprise fund is maintained on the accrual basis of accounting. Enterprise funds account for activities (i) that are financed with debt that is secured solely by a pledge of the net revenues from fees and charges of the activity; or (ii) that are required by law or regulations that the activity’s cost of providing services, including capital cost (such as depreciation or debt service), be recovered with fees and charges, rather than with taxes or similar revenues; or (iii) that the pricing policies of the activity establish fees and charges designed to recover its costs, including capital costs (such as depreciation or debt service). Under this method, revenues are recorded when earned and expenses are recorded when the related liability is incurred. The fiduciary fund is also maintained on the accrual basis of accounting. The fiduciary fund accounts for the recording and accumulation of other postemployment benefit resources, which are held in trust for the exclusive benefit of the Authority’s retirees. This fund is referred to as the “Other Postemployment Benefits (“OPEB”) Trust. Cash and Cash Equivalents: The Authority considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents (Note 2) for purposes of the statement of cash flows. In addition, according to the various Indentures of Trust, which govern the flow and accounting of the Authority’s financial resources, certain accounts are required to be maintained in order to comply with the provisions of the Indentures of Trust. For the accounts that are restricted, the Authority has recorded the applicable cash and cash equivalents as restricted on the combined financial statements (Note 11).



Page 8

Note 1. Summary of Significant Accounting Policies (Continued) Investment in Securities: Investments are stated at fair value, generally based on quoted market prices. Certain investments are maintained in connection with the Authority’s bonded debt (Notes 3 and 12) and the OPEB Trust. Likewise, as with cash and cash equivalents, the accounts that are restricted as per the various Indentures of Trust have been recorded as restricted investments on the combined financial statements (Note 11). Accounts Receivable: The Authority establishes a provision for the estimated amount of uncollectible accounts based upon periodic analysis of collection history. Transit System Inventory: Transit system inventory, consisting principally of spare parts for maintenance of transit system facilities, is stated at the lower of cost (first-in, first-out method) or market. Debt Insurance Costs, Bond Premiums, Bond Discounts, and Loss on Refunding: Insurance purchased as part of the issuance of debt is amortized by the straight-line method from the issue date to maturity and is recorded as a noncurrent asset on the combined statements of net position. Bond premiums and discounts are amortized by the effective interest method from the issue date to maturity, and are presented as an adjustment to the face amount of the bonds. Likewise, a loss on refunding arising from the issuance of the revenue bonds and port district project bonds is amortized by the effective interest method from the issue date to maturity. The loss on refunding of debt, however, is classified as a deferred outflow of resources on the combined statements of net position. Investment in Facilities: Investment in facilities is stated at cost, which generally includes expenses for legal expenses incurred during the construction period. Investment in facilities also includes the cost incurred for port-related projects, and improvements, enlargements and betterments to the original facilities. Replacements of existing facilities (except for primarily police and certain other vehicles whose estimated useful life is two years or less) are also recorded at cost. The related costs and accumulated depreciation of the property replaced are removed from the respective accounts, and any gain or loss on disposition is credited or charged to non-operating revenues or expenses. Assets capitalizable generally have an original cost of five thousand dollars or more and a useful life in excess of three years. Depreciation and amortization are provided using the straight-line method over the estimated useful lives of the related assets, including those financed by federal and state contributions (Notes 7 and 13). Asset lives used in the calculation of depreciation are generally as follows:

Bridges, freeways and tunnels 100 yearsBuildings, stations and certain bridge components 35 - 50 yearsElectrification, signals and communications system 30 - 40 yearsTransit cars, machinery and equipment 10 - 25 yearsComputer equipment, automobiles and other equipment 3 - 10 years

Maintenance and Repairs: Maintenance and repair costs considered necessary to maintain bridge facilities in good operating condition are charged to operations as incurred. Self-insurance: The Authority provides for the uninsured portion of potential public liability and workers’ compensation claims through self-insurance programs and charges current operations for estimated claims to be paid (Note 14).



Page 9

Note 1. Summary of Significant Accounting Policies (Continued) Pensions: For purposes of measuring the net pension liability, deferred outflows of resources and deferred inflows of resources related to pensions, and pension expense, information about the fiduciary net position of the Pennsylvania State Employees’ Retirement System (“SERS”) and the State of New Jersey Public Employees' Retirement System (“PERS”), and additions to/deductions from SERS and PERS fiduciary net position, have been determined on the same basis as reported by the plans. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. Postemployment Benefits Other Than Pensions (“OPEB”): For purposes of measuring the net OPEB liability, deferred outflows of resources and deferred inflows of resources related to OPEB, and OPEB expense, information about the fiduciary net position of the Authority’s OPEB Trust and additions to/deductions from the OPEB Trust's fiduciary net position have been determined on the same basis as they are reported by the OPEB Trust. For this purpose, the OPEB Trust recognizes benefit payments when due and payable in accordance with the benefit terms. Investments are reported at fair value. Economic Development Activities: The Authority establishes loan loss provisions for economic development loans receivable, based upon collection history and analysis of creditor’s ability to pay. The Authority has established a loss reserve in the amount of $1,345 as of June 30, 2019 and December 31, 2018 for its economic development loans outstanding. Net Position: Net position is classified in the following three components:

Net Investment in Capital Assets: This component of net position consists of capital assets, net of accumulated depreciation, reduced by the outstanding balances of any bonds, notes or other borrowings, and deferred outflows of resources and deferred inflows of resources that are attributable to the acquisition, construction, or improvement of those assets or related debt. If there are significant unspent related debt proceeds at year-end, the portion of the debt attributable to the unspent proceeds is not included in the calculation of net investment in capital assets. Rather, that portion of the debt is included in the same net position component as the unspent proceeds. Restricted: This component of net position consists of external constraints imposed by creditors (such as debt covenants), grantors, contributors, laws or regulations of other governments, or constraints imposed by law through constitutional provisions or enabling legislation, that restricts the use of net position. Unrestricted: This component of net position consists of a net position that does not meet the definition of “restricted” or “net investment in capital assets.” This component includes net position that may be allocated for specific purposes by the Board. A deficiency will require future funding.

Operating and Non-Operating Revenues and Expenses: Operating revenues include all revenues derived from facility charges (i.e., toll revenues, which include E-ZPass revenues), PATCO operations (passenger fare, advertising and parking), and other revenue sources. Non-operating revenues principally consist of interest income earned on various interest-bearing accounts and on investments in debt securities. Operating expenses include expenses associated with the operation, maintenance, and repair of the bridges, PATCO, and general administrative expenses. Non-operating expenses principally include expenses attributable to the Authority’s interest on funded debt and economic development activities. When both restricted and unrestricted resources are available for use, it is the Authority’s policy to use restricted resources first, then unrestricted resources as they are needed.



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Note 1. Summary of Significant Accounting Policies (Continued) Debt Management: Total outstanding bond debt reflected on the combined statements of net position is net of unamortized bond discounts and premiums (Note 12). Until December 18, 2018, the Authority had two active interest rate hedge (swap) agreements (derivative instruments) with The Toronto-Dominion Bank and Wells Fargo Bank, N.A., respectively, to hedge interest rates on a portion of its outstanding long-term variable rate debt (Note 4). Derivative Instruments and the Related Companion Instruments: In 2000, the Authority entered into two (2) interest rate swap agreements with the Bank of America, N.A. for the primary purposes of investing and for the aforementioned purpose of hedging interest rates on its outstanding long-term debt. In accordance with Governmental Accounting Standards Board Statement No. 53, Accounting and Financial Reporting for Derivative Instruments, all activity related to the interest rate swap agreements has been recorded on the combined financial statements and is further detailed in Note 4. These interest rate swap agreements were terminated in December 2018. In addition, the Authority was a party to three forward delivery agreements during 2018; one related to its maintenance reserve and the other two related to debt service reserves for two separate bond issues. These forward delivery agreements allow the Authority to earn a guaranteed fixed rate of return over the life of the investments in both reserves. The Authority terminated one forward delivery agreement and received a cash settlement payment in December 2018 (Note 4). Budget: In accordance with Section 5.15 of the 1998 Revenue Refunding Bonds Indenture of Trust and its Supplemental Indentures and Section 5.07 of the 1999 and 2012 Port District Project Bond Indentures of Trust, the Authority must annually adopt an Annual Budget on or before December 31 for the ensuing year. Section 5.15 of the 1998 Revenue Refunding Bond Indenture of Trust requires that the Authority, on or before December 31, in each year, adopt a final budget for the ensuing year of (i) operational expenses, (ii) the PATCO Subsidy, (iii) the amount to be deposited to the credit of the Maintenance Reserve Fund, and (iv) the estimated amounts to be deposited into the Debt Service Fund, the Debt Service Reserve Fund, and the Rebate Fund. Each Annual Budget must also contain the Authority’s projections of revenues for the ensuing year demonstrating compliance with the covenant as to facility charges as set forth in Section 5.09 of the Indentures of Trust. On or before December 31 in each year, the Authority must file a copy of the Annual Budget for the ensuing year with the Trustees. The Port District Project Bond Indentures require the following: the adopted budget must set forth, inter alia, the PATCO Subsidiary, the amount of any operating subsidy paid or payable by the Authority to or for the account of any other subsidiary of the Authority (including, without limitation, the Port of Philadelphia and Camden) and all other material operating expenses of the Authority payable from the General Fund. (See Note 11 for description of funds established under the Trust Indentures.) The Authority must also include the debt service payable on the bonds and any additional subordinated indebtedness during the ensuing year and all amounts required to be paid by the Authority into the Debt Service Reserve Fund or the Rebate Fund or to any Reserve Fund Credit Facility issuer during the ensuing year. On or before December 31, in each year, the Authority must file a copy of the Annual Budget for the ensuing year with the Trustees and Credit Facility Issuer. The Authority filed the appropriate budgets as described above to its bond trustees by December 31, 2018 and 2017, in compliance with the bond indentures. The Authority may at any time adopt an amended or supplemental Annual Budget for the remainder of the then-current year, which shall be treated as the Annual Budget under the provisions of the Indentures of Trust. A copy of any amended or supplemental Annual Budget must be promptly filed with the Trustees. Interfunds: Interfund receivables/payables represent amounts that are owed, other than charges for goods and services rendered, to/from a particular fund. These receivables/payables are eliminated during the aggregation process.



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Note 1. Summary of Significant Accounting Policies (Continued) Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the combined financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Income Taxes: The Authority is a public corporate instrumentality of the State of New Jersey and the Commonwealth of Pennsylvania, and is described in its amended governing Compact, has been “deemed to be exercising an essential government function in effectuating such purposes,” and therefore is exempt from income taxes pursuant to the Internal Revenue Code (Section 115). Note 2. Cash and Cash Equivalents Custodial Credit Risk Related to Deposits: Custodial credit risk is the risk that, in the event of a bank failure, the Authority’s deposits might not be recovered. The Authority does not have a deposit policy for custodial credit risk, however, the Authority has agreements with various banks where most of the deposits collateralized or secured by U.S. Treasury notes or through a Federal Home Loan Bank Letter of Credit. Note 3. Investment in Securities Excluding the investments of the OPEB Trust, the Authority’s investments in various securities are maintained for specified funds in accordance with the provisions of the Indenture of Trust adopted as of July 1, 1998 or the Authority’s General Fund investment policy (for unrestricted investments). Custodial Credit Risk Related to Investments: For an investment, custodial credit risk is the risk that, in the event of the failure of the counterparty, the Authority will not be able to recover the value of its investments or collateral securities that are in possession of an outside party. The Authority’s investments at June 30, 2019 and December 31, 2018 totaled $742,193 and $691,193, respectively. These investments consisted of short-term investments, asset backed securities, commercial paper, corporate bonds and notes, U.S. federal agency notes and bonds, and U.S. government treasuries. All of the Authority’s investments are maintained in the Authority’s name, by a third-party financial institution acting as the Authority’s agent. The short-term investments primarily consist of money market funds and certificates of deposits with a maturity of greater than one year. Since these funds are held by a third party financial institution, and it is the policy of the Authority to re-invest these funds in investments with longer maturities, these amounts have been classified as investments, as opposed to cash and cash equivalents, in the combined statements of net position. Interest Rate Risk: The Authority’s General Fund investment policy limits investment maturities (on unrestricted investments) as a means of managing its exposure to fair value losses arising from increasing interest rates and is as follows: the average effective duration of the portfolio is not to exceed twenty-four months, and the maximum effective duration of any individual security is not to exceed five years, unless otherwise specified. Credit Risk: Investments are purchased in accordance with the 1998 Indenture of Trust and its Supplemental Indenture and General Fund investment parameters and generally include U.S. government obligations, money market funds, obligations of U.S. agencies or instrumentalities, and obligations of public agencies or municipalities rated in either of the two highest rating categories by Standard & Poor’s Ratings or Moody’s Investors Service. In accordance with the 1998 Indenture of Trust and its Supplemental Indentures and its General Fund investment guidelines, the Authority invests in corporate bonds and commercial paper rated A-1 by Standard & Poor’s Corporation. Guaranteed income contracts are collateralized by U.S. government and agency securities, and debt obligations having a rating in the highest rating category from Moody’s Investors Service or Standard & Poor’s Rating Services.



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Note 3. Investment in Securities (Continued)

Concentration of Credit Risk: The Authority’s investment policy on the concentration of credit risk for its General Fund investments states that no limitations exist on the purchase of investments in obligations of the U.S. government and U.S. federal agencies since they are fully guaranteed or backed by the U.S. government. For the purchase of investments in obligations of all other issuers, total investments held from any one issuer shall not exceed ten percent (10%) of the aggregate market value of the entire portfolio, except for repurchase agreements, which, from any one issuer, shall not exceed twenty-five percent (25%) of the aggregate market value of the portfolio.

OPEB Trust

As previously stated, the OPEB Trust accounts for the recording and accumulation of other postemployment benefit resources (Authority contributions), which are held in trust for the exclusive benefit of the Authority’s retirees. These contributions are invested by the Authority.

Custodial Credit Risk Related to Investments: The Authority’s investments at June 30, 2019 and December 31, 2018 totaled $31,729and $31,107, respectively. These investments consisted of money market funds, corporate bonds and notes, U.S. federal agency notes and bonds, and U.S. government treasuries. All of the Authority’s investments are maintained in the Authority’s name, by a third-party financial institution acting as the Authority’s agent.

As of June 30, 2019 and December 31, 2018, the Authority had the following investments in the OPEB Trust:f

Interest Rate Risk: The Authority’s investment policy for the OPEB Trust calls for investments predominately in fixed income assets (corporate bonds, US treasury and agency paper, totaling approximately 93% of the portfolio), with the remainder held in high quality money market securities.

Credit Risk: As of June 30, 2019, the actual ratings by Moody’s for the OPEB Trust investments were as follows:

Maturities Fair Value(months Hierarchy

Investment average) Level 6/30/2019 12/31/2018

Money market funds 0.03 Level 1 2,196$ 10,124$ Corporate bonds and notes 32.38 Level 1 6,625 4,877 U.S. federal agency notes and bonds 16.97 Level 1 1,597 U.S. government treasuries 32.43 Level 1 22,909 14,509

Total 31,729$ 31,107$

Actual Rating Amount InvestedMoody's Aaa 23,274$ Moody's Aa1 526Moody's Aa2 1024Moody's Aa3 986 Other 3,725

29,534$



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Note 4. Derivative Instruments

Interest Rate Swaptions/Swaps

As of June 30, 2019 and December 31, 2018, the Authority had no outstanding interest rate swaptions/swaps. All swaps were terminated (cash-settled) in December 2018. Forward Delivery Agreements The Authority is a party to two forward delivery agreements as of June 30, 2019. The forward delivery agreements require the counterparty financial institution (Bank of America) to deposit securities in certain of the Authority’s bond service funds, for the Port District Project Bonds, Series 1999, and maintenance reserve fund. The forward delivery agreements provide the Authority with a guaranteed rate of return for these funds. The securities that are deposited into these accounts are timed to meet scheduled debt service requirements, and to ensure that the Authority maintenance reserve requirement, as mandated by its Indentures of Trust (Note 11), is preserved. “Eligible Securities” under the forward delivery agreements means “direct, full faith and credit-non-callable obligations of the United States of America; REFCORP Interest Strips, senior debt obligations issued by Fannie Mae or the Federal Home Loan Mortgage Corporation; and commercial paper which is rated “P-1”by Moody’s and “A-1+” by S&P, and which matures not more than 270 days after the date of delivery.” Objective and Terms of the Forward Delivery Agreements: The Forward Delivery Agreements allow the Authority to earn a guaranteed fixed rate of return over the life of the investments. These agreements are utilized by the Authority to earn a rate of return in excess of a rate that would otherwise be feasible by investing in securities with a shorter term. The general terms of each agreement are set forth in the table below:

EffectiveDate of Termination Scheduled Guaranteed Fair Value *

Agreement Date Amount Rate 2018

Series 1999 port district project bonds 12/22/99 01/01/26 10,436$ 5.92% 1,780$

bond service fundMaintenance reserve fund 12/22/99 01/01/26 3,000 4.90% 340

2,120$

* Level 3 inputs are unobservable inputs supported by little or no market activity and are significant to the fair value of the assets or liabilities.

Fair Value: The fair value of each forward delivery agreement is based on the value of the future discounted cash flows expected to be received over the life of the agreement relative to an estimate of discounted cash flows that could be received over the same term based on current market conditions. The fair values of the forward delivery agreements are classified as a noncurrent asset. As the forward delivery agreements are effective hedging instruments, the offsetting balances are reflected as deferred inflows of resources. The fair value is valued annually at year-end. Credit Risk: Credit risk is the risk that the counterparty will not fulfill its obligations. Under the terms of the forward delivery agreements, the Authority is either holding cash or an approved security within certain bond service funds or the maintenance reserve fund. None of the principal amount of an investment under the forward delivery agreements is at risk to the credit of the counterparty. Should the counterparty default, the Authority’s maximum exposure is the positive termination value, if any, related to these agreements.



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Note 4. Derivative Instruments (Continued)

Forward Delivery Agreements (Continued)

Interest Rate Risk: Interest rate risk is the risk that changes in interest rates will adversely affect the fair values of the Authority’s financial instruments or cash flows. The fair values of the forward delivery agreements are expected to fluctuate over the life of the agreements in response to changes in interest rates. The Authority does not have a formally adopted policy related for interest rate risk on the forward delivery agreements.

Termination Risk: The Authority or the counterparty may terminate the forward delivery agreements if the other party fails to perform under the terms of the contract. If the forward delivery agreements have a negative fair value at the time of termination, the Authority would be liable to the counterparty for a payment equivalent to the fair value of the instrument at the time of termination.

Note 5. Accounts Receivable

Accounts receivable for June 30, 2019 and December 31, 2018 are as follows:

Note 6. Changes in Long-Term Liabilities

Long-term liability activity for the year ended June 30, 2019 is as follows:

6/30/2019 12/31/2018

Reimbursements from governmental agencies - Federal Transit Administration 9,840$ 12,457$

Reimbursements from other governmental agencies - 1,689 Development projects 3,500 3,500 E-ZPass bridge tolls from other agencies 8,844 6,654 Other 2,058 1,794

Gross receivables 24,242 26,094 Less: allowance for uncollectibles (3,500) (3,500)

Net total receivables 20,742$ 22,594$

Beginning Ending Due withinBalance Increases Decreases Balance 1 Year

Bonds payable1999 Port District Project Bonds 11,250$ (4,920)$ 6,330$ 5,295$ 2012 Port District Project Refunding Bonds 122,425 (6,975) 115,450 7,3202013 Revenue Bonds 476,585 476,5852018 Revenue Bonds 700,505 700,505 55,725Issuance discounts/premiums 106,707 (7,794) 98,913

Total bonds payable 1,417,472 (19,689) 1,397,783 68,340

Other liabilitiesClaims and judgments 1,368 246 (608) 1,006 402Self-insurance 4,746 1,507 (1,532) 4,722 1,889Sick and vacation leave 4,567 (25) 4,542 1,817Net pension liability 144,357 144,357Unearned revenue 6,546 10,868 (10,663) 6,751 3,280Other postemployment benefits 82,513 82,513

1,661,569$ 12,621$ (32,517)$ 1,641,674$ 75,728$



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Note 6. Changes in Long-Term Liabilities (Continued)

Long-term liability activity for the year ended December 31, 2018 is as follows:

Note 7. Investment in Facilities Capital assets for the year ended June 30, 2019 were as follows:

Beginning Ending Due withinBalance Increases Decreases Balance 1 Year

Bonds payable1999 Port District Project Bonds 15,820$ (4,570)$ 11,250$ 4,920$ 2008 Revenue Refunding Bonds 232,015 (232,015)2010 Revenue Refunding Bonds 272,795 (272,795)2010 Revenue Bonds 308,375 (308,375)2012 Port District Project Refunding Bonds 126,075 (6,650) 122,425 6,9752013 Revenue Bonds 476,585 476,5852018 Revenue Bonds 700,505$ 700,505Issuance discounts/premiums 20,156 89,069 (2,518) 106,707

Total bonds payable 1,451,821 789,574 (826,923) 1,417,472 11,895

Other liabilitiesClaims and judgments 4,087 259 (2,978) 1,368 821Self-insurance 4,374 2,499 (2,127) 4,746 1,898Sick and vacation leave 4,533 11,541 (11,507) 4,567 2,740Net pension liability 153,804 44,893 (54,340) 144,357Unearned revenue 8,781 21,600 (23,835) 6,546 5,579

Other postemployment benefits 14,479 78,401 (1) (10,366) 82,513Premium payment payable - derivative

companion instrument 17,613 5,743 (23,356) (2)

Derivative instrument - interest rate swap 63,303 (63,303) (3)

1,722,795$ 954,510$ (1,018,735)$ 1,661,569$ 22,933$

(1) includes January 1, 2018 cumulative effect adjustment of $74,136 for implementation of GASBS No. 75.(2) includes termination payments of $19,892.(3) includes termination payments of $43,909.

Beginning EndingBalance Increases Decreases Balance

Capital assets not being depreciatedLand 74,076$ (1,979)$ 72,097$ Construction in progress 418,117 44,811$ 462,928

Total capital assets not being depreciated 492,193 44,811 (1,979) 535,025

Capital assets being depreciatedBridges and related building and equipment 1,386,348 1,386,348 Transit property and equipment 781,632 781,632 Port enhancements 6,703 6,703

Total capital assets being depreciated 2,174,683 - - 2,174,683

Less: accumulated depreciation for:Bridges and related building and equipment (671,885) (26,759) (698,644)Transit property and equipment (330,042) (12,643) (342,685)Port enhancements (5,613) (127) (5,740)

Total accumulated depreciation (1,007,540) (39,529) (1,047,069)

Total capital assets being depreciated, net 1,167,143 (39,529) - 1,127,614

Total capital assets, net 1,659,336$ 5,282$ (1,979)$ 1,662,639$



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Note 7. Investment in Facilities (Continued) Capital assets for the year ended December 31, 2018 were as follows:

Beginning EndingBalance Increases Decreases Balance

Capital assets not being depreciatedLand 74,076$ 74,076$ Construction in progress 576,699 119,761$ (278,343)$ 418,117

Total capital assets not being depreciated 650,775 119,761 (278,343) 492,193

Capital assets being depreciatedBridges and related building and equipment 1,168,737 217,611 1,386,348 Transit property and equipment 672,883 109,307 (558) 781,632 Port enhancements 6,703 6,703

Total capital assets being depreciated 1,848,323 326,918 (558) 2,174,683

Less: accumulated depreciation for:Bridges and related building and equipment (624,159) (47,726) (671,885)Transit property and equipment (306,792) (23,808) 558 (330,042)Port enhancements (5,331) (282) (5,613)

Total accumulated depreciation (936,282) (71,816) 558 (1,007,540)

Total capital assets being depreciated, net 912,041 255,102 - 1,167,143

Total capital assets, net 1,562,816$ 374,863$ (278,343)$ 1,659,336$

Total depreciation expense for the periods ended June 30, 2019 and December 31, 2018 was $39,529 and $71,816, respectively. Note 8. Deferred Compensation Plan The Authority offers its employees a deferred compensation plan in accordance with Internal Revenue Code Section 457. The plan, available to all full-time employees, permits them to defer a portion of their salary until future years. The deferred compensation is not available to employees until termination, retirement, death, or unforeseeable emergency. The Authority does not make any contributions to the plan. To comply with changes in federal regulations and GASBS 32, Accounting and Financial Reporting for Internal Revenue Code 457 Deferred Compensation Plans, the Authority amended the plan in 1998 so that all amounts of compensation deferred under the plan, all property and rights purchased with those amounts, and all income attributable to those amounts, property, or rights are solely the property of the employees. Note 9. Pension Plans Employees of the Authority participate in the Pennsylvania State Employees’ Retirement System (“SERS”), the State of New Jersey Public Employees’ Retirement System (“PERS”), or the Teamsters Pension Plan of Philadelphia and Vicinity.



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Note 9. Pension Plans (Continued) General Information about the Plans Plan Descriptions Pennsylvania State Employees’ Retirement System: The Pennsylvania State Employees' Retirement System is the administrator of a cost-sharing multiple-employer defined benefit pension plan established by the Commonwealth of Pennsylvania (“Commonwealth”) to provide pension benefits for employees of state government and certain independent agencies. SERS is a component unit of the Commonwealth and is included in the Commonwealth's financial report as a pension trust fund. Membership in SERS is mandatory for most state employees. Members and employees of the General Assembly, certain elected or appointed officials in the executive branch, department heads, and certain employees in the field of education are not required, but are given the option to participate. SERS provides retirement, death, and disability benefits. Article II of the Commonwealth's constitution assigns the authority to establish and amend the benefit provision of the plan to the General Assembly. Member retirement benefits are determined by taking years of credited service, multiplied by final average salary, multiplied by 2%, multiplied by class of service multiplier. According to the State Employees' Retirement Code, all obligations of SERS will be assumed by the Commonwealth should SERS terminate. The Pennsylvania State Employees’ Retirement System issues a publicly available annual financial report, including financial statements, which may be obtained by writing to Pennsylvania State Employees’ Retirement System, 30 N. 3rd Street, Harrisburg, Pennsylvania 17101-1716. State of New Jersey Public Employees' Retirement System: The Public Employees' Retirement System (“PERS”) is the administrator of a cost-sharing multiple-employer defined benefit pension plan established by the State of New Jersey (“State”) which was established as of January 1, 1955 under the provisions of N.J.S.A. 43:15A. The PERS’ designated purpose is to provide retirement, death, disability, and medical benefits to certain qualified members. Membership in the PERS is mandatory for some full-time employees of the Authority, provided the employee is not required to be a member of another state-administered retirement system or other state pensions fund or local jurisdiction’s pension fund. The PERS’ Board of Trustees is primarily responsible for the administration of the PERS. The State of New Jersey Public Employees’ Retirement System issues a publicly available annual financial report, including financial statements, which may be obtained by writing to State of New Jersey, Division of Pensions and Benefits, P.O. Box 295, Trenton, New Jersey 08625-0295. Teamsters Pension Plan of Philadelphia and Vicinity: The Teamsters Health and Welfare Fund of Philadelphia and Vicinity (the “Fund”) covers all eligible employees working for employers who have a collective bargaining agreement with a Teamsters local union which is party to the Fund and under which the employers have agreed to make contributions to the Fund on the employees' behalf in accordance with negotiated hourly rates. The Fund is a multi-employer, defined benefit health and welfare plan that was established under the terms of collective bargaining agreements between the employers and Teamsters local unions (the local unions), located in central and northeast portions of Pennsylvania, along the eastern shore of Maryland, Maine, New York and Ohio, and is not a state or local governmental pension plan. The Fund is generally non-contributory, but does provide for participant contributions under the Consolidated Omnibus Budget Reconciliation Act (COBRA). The Fund provides health and other benefits to eligible participants who are covered under collective bargaining agreements, or other written agreements, with the local unions. The Fund is administered by a Board of Trustees (Trustees) with equal representation by the employers and the local unions and is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA). Benefit terms are established, and amended, by the Trustees. The Authority is not subject to any provisions regarding withdrawal from the Fund.



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Note 9. Pension Plans (Continued) General Information about the Plans (Continued) Plan Descriptions (Continued) Teamsters Pension Plan of Philadelphia and Vicinity (Continued): The Teamsters Pension Plan of Philadelphia and Vicinity issues a publicly available annual financial report, including financial statements, which may be obtained by writing to Teamsters Pension Plan of Philadelphia and Vicinity, Fourth and Cherry Streets, Philadelphia, Pennsylvania 19106. Vesting and Benefit Provisions Pennsylvania State Employees’ Retirement System: A member may retire after completing three years of service and after reaching normal retirement age (the age of 60, except police officers at age 50, or the age at which 35 years of service has been completed, whichever occurs first). Benefits vest after five years of service, or after 10 years of service for those hired on or after January 1, 2011. If an employee terminates his or her employment after at least five years of service (10 years if hired on or after January 1, 2011) but before the normal retirement age, he or she may receive pension benefits immediately or defer pension benefits until reaching retirement age. Employees who retire after reaching the normal retirement age with at least three years of credited service who started on or prior to December 31, 2010 are entitled to receive pension benefits equal to 2.5% (2.0% for employees starting on or after January 1, 2011, unless they opt to pay more to be eligible for the 2.5%) of their final average compensation (average of the three highest years in earnings) times the number of years for which they were a participant in the plan. The pension benefits received by an employee who retires after five years of credited service but before normal retirement age are reduced for the number of years that person is under normal retirement age. Pension provisions include death benefits, under which the surviving beneficiary may be entitled to receive the employee’s accumulated contributions less the amount of pension payments that the employee received, the present value of the employees’ account at retirement less the amount of pension benefits received by the employee, the same pension benefits formerly received by the employee, or one-half of the monthly pension payment formerly received by the employee. The maximum pension benefit to the employee previously described may be reduced depending on the benefits elected for the surviving beneficiary. State of New Jersey Public Employees’ Retirement System: The vesting and benefit provisions are set by N.J.S.A. 43:15A. PERS provides retirement, death and disability benefits. All benefits vest after ten years of service, except for medical benefits, which vest after 25 years of service or under the disability provisions of the PERS. The following represents the membership tiers for PERS:

Tier Definition 1 Members who were enrolled prior to July 1, 2007 2 Members who were eligible to enroll on or after July 1, 2007 and prior to November 2, 2008 3 Members who were eligible to enroll on or after November 2, 2008 and prior to May 21, 2010 4 Members who were eligible to enroll after May 21, 2010 and prior to June 28, 2011 5 Members who were eligible to enroll on or after June 28, 2011



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Note 9. Pension Plans (Continued) General Information about the Plans (Continued) Vesting and Benefit Provisions (Continued) State of New Jersey Public Employees’ Retirement System (Continued): Service retirement benefits of 1/55th of final average salary for each year of service credit is available to tiers 1 and 2 members upon reaching age 60 and to tier 3 members upon reaching age 62. Service retirement benefits of 1/60th of final average salary for each year of service credit is available to tier 4 members upon reaching age 62 and tier 5 members upon reaching age 65. Early retirement benefits are available to tiers 1 and 2 members before reaching age 60, tiers 3 and 4 with 25 years or more of service credit before age 62, and tier 5 with 30 or more years of service credit before age 65. Benefits are reduced by a fraction of a percent for each month that a member retires prior to the age at which a member can receive full early retirement benefits in accordance with their respective tier. Tier 1 members can receive an unreduced benefit from age 55 to age 60 if they have at least 25 years of service. Deferred retirement is available to members who have at least 10 years of service credit and have not reached the service retirement age for the respective tier.

Teamsters Pension Plan of Philadelphia and Vicinity: A member may retire at the later of (a) the date the employee reaches 65 or (b) the tenth anniversary of the employee’s commencement of participation in the plan. Additionally, employees are eligible for early retirement after 10 years of participation in the plan and (a) completion of 30 years of vested service or (b) attainment of age 50 and completion of 10 years of vested service. Benefits vest after 10 years of service. An employee who retires on or after his or her normal retirement age is entitled to receive benefits based on his or her credited years of service multiplied by a monthly benefit rate, which is determined based on the employer’s daily contributions. The benefits are subject to maximum rates that vary according to employer daily contribution rates. Members may also receive benefits after early retirement at reduced rates, depending on age at retirement. An employee who qualifies for disability retirement benefits (total and permanent disability with 10 years of vested service and 5 years of continuous service with at least 300 covered days of contributions) is entitled to receive two hundred dollars per month until retirement age, when retirement benefits would commence. Provisions include surviving spouse death benefits, under which the surviving spouse is entitled to a 50% survivor annuity in certain cases. At December 31, 2018 the Authority had 218 employees covered by the Fund. Pennsylvania State Employees’ Retirement System: The contribution requirements of plan members and the Authority are established and amended by the Pennsylvania State Employees’ Retirement System Board. As of January 1, 2002, employees are required to contribute 6.25% (unless opting for 9.33% deductions in order to be eligible for the 2.5% pension compensation) of their gross earnings to the plan. Employer contribution rates are certified by the SERS Board annually, typically in April of each year to become effective the following fiscal year beginning in June. It is customary for rates to result from an independent actuarial valuation of the pension fund. The employer contribution rate is set so that it can fund all retirement benefits earned by employees working during the year and pay toward any unfunded liability that may exist. In some cases, however, the actuarially calculated employer contribution rate has been set or adjusted by Pennsylvania law. The Authority’s contractually required contribution rate for the year ended December 31, 2018 was 31.27%, of the Authority’s covered payroll, and the Authority’s contractually required quarterly contributions to the pension plan for 2018 totaled $16,395. Employee contributions to the plan during 2018 were $3,444.



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Note 9. Pension Plans (Continued) General Information about the Plans (Continued) Contributions (Continued) State of New Jersey Public Employees’ Retirement System: The contribution policy is set by N.J.S.A. 43:15A and requires contributions by active members and contributing employers. Pursuant to the provisions of Chapter 78, P.L. 2011, the active member contribution rate increased from 5.5% of annual compensation to 6.5% plus an additional 1% phased-in over 7 years beginning in July 2012. The member contribution rate was 7.34% in State fiscal year 2018. The phase-in of the additional incremental member contribution rate takes place in July of each subsequent State fiscal year. Employers' contribution are based on an actuarially determined amount, which includes the normal cost and unfunded accrued liability. The Authority’s contractually required contribution rate for the years ended December 31, 2018 was 13.02% of the Authority’s covered payroll. This amount was actuarially determined as the amount that, when combined with employee contributions, is expected to finance the costs of benefits earned by employees during the year, including an additional amount to finance any unfunded accrued liability. The Authority’s contractually required contributions to the pension plan for the year ended December 31, 2018 were $101, which is and was due on April 1, 2019. Employee contributions to the plan during 2018 were $59. Teamsters Pension Plan of Philadelphia and Vicinity: The employer’s contribution requirements are determined under the terms of one Collective Bargaining Agreement (“CBA”) in force. The CBA between Port Authority Transit Corporation (“PATCO”) and Teamsters Local 676 (“Teamsters”) expired December 31, 2017. PATCO and Teamsters subsequently entered into an Agreement executed by PATCO on July, 23, 2018. That Agreement extended the CBA without change and provided that PATCO will continue to make contributions to the Teamsters Health and Welfare Fund of Philadelphia and Vicinity and the Teamsters Pension Trust Fund of Philadelphia and Vicinity in the same manner and method as set forth in the CBA at the contribution rates established by the Trustees of the respective Funds, increasing effective June 1, 2018 and August 1, 2018, respectively, subject to increases on a yearly basis, until such time as a new CBA is reached or either party terminates the Agreement. During 2018, the Authority was required to and did contribute twenty-seven dollars and eighty-four cents ($27.84) per day from January 1 through June 30, and twenty-nine dollars and twenty-four cents ($29.24) per day, from July 1 through December 31 for each PATCO participating employee. The Authority’s contributions totaled 9.55 of covered payroll in 2018. The employees of the Authority do not contribute to the Plan. The Authority contributed $1,378 in 2018, respectively, which represented 100% of the required contribution for the year. Pension Liabilities, Pension Expense, and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions Pennsylvania State Employees’ Retirement System: At December 31, 2018, the Authority’s proportionate share of the SERS net pension liability was $142,358. The net pension liability was measured as of December 31, 2017, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of December 31, 2017. The Authority’s proportion of the net pension liability was based on a projection of the Authority’s long-term share of contributions to the pension plan relative to the projected contributions of all participating employers, actuarially determined. For the December 31, 2017 measurement date, the Authority’s proportion was .82327565%. At December 31, 2017, the Authority’s proportionate share of the SERS net pension liability was $152,183. The net pension liability was measured as of December 31, 2016, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of December 31, 2016.



Page 21

Note 9. Pension Plans (Continued) Pension Liabilities, Pension Expense, and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions (Continued) Pennsylvania State Employees’ Retirement System (continued): The Authority’s proportion of the net pension liability was based on a projection of the Authority’s long-term share of contributions to the pension plan relative to the projected contributions of all participating employers, actuarially determined. At December 31, 2018 the Authority’s proportionate share of the SERS pension expense, calculated by the Plan as of the December 31, 2017 and 2016 measurement dates, was $20,750. State of New Jersey Public Employees’ Retirement System: At December 31, 2018, the Authority’s proportionate share of the PERS net pension liability was $1,999. The net pension liability was measured as of June 30, 2018, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of July 1, 2017. The total pension liability was calculated using updated procedures to roll forward from the actuarial valuation date to the measurement date of June 30, 2018. The Authority’s proportion of the net pension liability was based on a projection of the Authority’s long-term share of contributions to the pension plan relative to the projected contributions of all participating employers, actuarially determined. For the June 30, 2018 measurement date, the Authority’s proportion was .0101508337%. At December 31, 2018, the Authority’s proportionate share of the PERS pension expense, calculated by the Plan as of the June 30, 2018 measurement date, was $126. Deferred Outflows of Resources and Deferred Inflows of Resources Certain changes in the net pension liability are to be recognized as deferred outflows of resources or deferred inflows of resources and are amortized as either an increase or decrease to future year’s pension expense, using a systematic and rational method over a closed period. At December 31, 2018, the Authority reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources:

SERS PERS Total SERS PERS Total

Differences between expected and actual experience 2,407$ 38$ 2,445$ 2,703$ 10$ 2,713$

Changes of assumptions 7,127 329 7,456 - 639 639

Net difference between projected and actual earnings on pension plan investments - - - 5,660 19 5,679

Differences between employer contributions and proportionate share of contributions 17 - 17 630 - 630

Changes in proportion 6,499 877 7,376 1,452 312 1,764

Employer contributions subsequent to the measurement date 16,232 50 16,282 - - -

32,282$ 1,294$ 33,576$ 10,445$ 980$ 11,425$

Deferred Outflows of Resources Deferred Inflows of Resources



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Note 9. Pension Plans (Continued) Deferred Outflows of Resources and Deferred Inflows of Resources (Continued) At December 31, 2018, $16,232 and $50 for SERS and PERS, respectively, included in deferred outflows of resources, will be included as a reduction of the net pension liability in the year ending December 31, 2019. These contributions were made by the Authority to the respective pension plans after the measurement date to satisfy the pension plan’s net pension liability, but before the end of the financial statement period for the Authority. For SERS, this amount was based on actual contributions made during 2018, which was subsequent to the measurement date of December 31, 2017. For PERS, the amount was based on an estimated April 1, 2020 contractually required contribution, prorated from the pension plans measurement date of June 30, 2018 to the Authority’s year-end of December 31, 2018. For SERS and PERS, the components of deferred outflows of resources and deferred inflows of resources for SERS and PERS, other than the difference between the projected and actual investment earnings on investments, are amortized into pension expense over a 5.2 and 5.63 year closed period for the December 31, 2017 and June 30, 2018 measurement period, respectively, which reflects the weighted average remaining service life of all SERS and PERS members, beginning the year in which the deferred amount occurs (current year). The annual difference between the projected and actual earnings on SERS and PERS investments is amortized over a 5.0 year closed period beginning the year in which the difference occurs (current year). The amounts of deferred outflows of resources and deferred inflows of resources related to the respective net pension liabilities measured at December 31, 2017 for SERS and June 30, 2018 for PERS that will be recognized in pension expense in future periods are as follows:

Actuarial Assumptions Since the measurement of the net pension liability of SERS is the same date as the actuarial valuation of the net pension liability, no roll forward procedures are required for the net pension liability. For PERS, however, the net pension liability was measured as of June 30, 2018, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of July 1, 2017. The total PERS pension liability was calculated using updated procedures to roll forward from the actuarial valuation date to the measurement date of June 30, 2018. The actuarial valuations for the year ended December 31, 2018 and 2017 used the following actuarial assumptions applied to all periods included in the measurement dates of December 31, 2017 and 2016 for SERS and June 30, 2018 and 2017 for PERS:

Year EndingDec. 31 SERS PERS Total

2019 3,946 29$ 3,975 2020 (891) 76 (815) 2021 (2,336) 71 (2,265) 2022 233 46 279 2023 42 42

Totals 952$ 264$ 1,216$



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Note 9. Pension Plans (Continued) Actuarial Assumptions (Continued)

SERS PERS

Inflation 2.60% 2.25%

Projected salary increases average of 5.60% with range of 3.70% - 8.90% 1.65% - 4.15% based on age (through 2026)including inflation 2.65% - 5.15% based on age (thereafter)

Investment rate of return 7.25% 7.00%

Mortality rate table projected RP-2000 mortality tables adjusted for projected RP-2000 mortality tables adjusted foractual plan experience and future improvement actual plan experience and future improvements

Period of actuarial experience 2011 - 2015 July 1, 2011 - June 30, 2014study upon which actuarialassumptions were based

The long-term expected real rate of return on pension plan investments is determined using a building-block method in which best-estimate ranges of expected future real rates of return (expected returns, net of investment expense and inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding expected inflation. Best estimates of arithmetic real rates of return for each major asset class included in current and target asset allocation as of the measurement dates of December 31, 2017 for SERS and June 30, 2018 for PERS, are summarized in the following table:

SERS PERS

Long-term Long-termTarget Expected Rate Target Expected Rate

Asset Class Allocation of Return Allocation of Return

Buyouts/venture capital 8.25% 13.08%Cash / cash equivalents 3.00% -0.25% 5.50% 1.00%Credit oriented hedge funds 1.00% 6.60%Debt Related Private Equity 2.00% 10.63%Debt Related Real Estate 1.00% 6.61%Emerging markets equity 6.50% 11.64%Equity Related Real Estate 6.25% 9.23%Fixed income 14.00% 1.63%Global diversified credit 5.00% 7.10%Global public equity 43.00% 5.30%High yield 2.50% 6.82%Investment grade credit 10.00% 3.78%Multi-Strategy 12.00% 5.10%Non-U.S. developed markets equity 11.50% 9.00%Private equity 16.00% 8.00%Private real estate 2.50% 11.83%Real estate (property) 12.00% 5.44%Risk mitigation strategies 5.00% 5.51%U.S. equity 30.00% 8.19%U.S. treasuries 3.00% 1.87%

Total 100.00% 100.00%



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Note 9. Pension Plans (Continued) Actuarial Assumptions (Continued)

Discount Rate: The discount rate used to measure the total pension liability at December 31, 2017 and 2016 for SERS was 7.25%. The projection of cash flows used to determine the discount rate assumed that employee contributions will be made at the rates applicable for each member and that employer contributions will be made based on rates determined by the actuary. Based on those assumptions, SERS fiduciary net position was projected to be available to make all projected future benefit payments of current active and non-active SERS members; therefore, the long-term expected rate of return on SERS investments was applied to all periods of projected benefit payments to determine the total pension liability. The discount rate used to measure the total pension liability at June 30, 2018 and 2017 for PERS was 5.66% and 5.00%, respectively. These single blended discount rates were based on the long-term expected rate of return on pension plan investments of 7.00% and 7.65%, and a municipal bond rate of 3.87% and 3.58%, as of June 30, 2018 and 2017, respectively, based on the Bond Buyer Go 20-Bond Municipal Bond Index, which includes tax-exempt general obligation municipal bonds with an average rating of AA/Aa or higher. The projection of cash flows used to determine the discount rate assumed that contributions from plan members will be made at the current member contribution rates and that contributions from employers will be made based on the contribution rate in the most recent fiscal year. The State employer contributed 50% of the actuarially determined contributions and the local employers contributed 100% of their actuarially determined contributions. Based on those assumptions, the plan’s fiduciary net position was projected to be available to make projected future benefit payments of current plan members through June 30, 2046. Therefore, the long-term expected rate of return on plan investments was applied to projected benefit payments through June 30, 2046 and the municipal bond rate was applied to projected benefit payments after that date in determining the total pension liability. Sensitivity of Authority’s Proportionate Share of Net Pension Liability to Changes in the Discount Rate Pennsylvania State Employees’ Retirement System: The following presents the Authority’s proportionate share of the net pension liability at the Plan’s measurement date of December 31, 2017, calculated using a discount rate of 7.25%, as well as what the Authority’s proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1% lower or 1% higher than the current rates used:

December 31, 2018

1% Decrease Current Discount 1% Increase6.25% Rate 7.25% 8.25%

Authority's proportionate share of the net pension liability - measurement date December 31, 2017 180,697$ 142,358$ 109,517$



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Note 9. Pension Plans (Continued) Sensitivity of Authority’s Proportionate Share of Net Pension Liability to Changes in the Discount Rate (Continued) State of New Jersey Public Employees’ Retirement System: The following presents the Authority’s proportionate share of the net pension liability at the Plan’s measurement date of June 30, 2018, calculated using a discount rate of 5.66, as well as what the Authority’s proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1% lower or 1% higher than the current rates used:

December 31, 2018

1% Decrease Current Discount 1% Increase4.66% Rate 5.66% 6.66%

Authority's proportionate share of the net pension liability - measurement date June 30, 2018 2,513$ 1,999$ 1,567$

Note 10. Postemployment Healthcare Plan (“OPEB”) General Information about the OPEB Plan Plan Description: The Authority’s defined benefit OPEB plan (“Plan”) provides OPEB for all permanent full-time employees of the Authority hired prior to January 1, 2007. The Plan is a single-employer defined benefit OPEB plan administered by the Authority. The Authority’s Board of Commissioners (“Commissioners”) establish and amend the benefit terms of the Plan.

Benefits Provided: The Plan provides medical, including prescription drug coverage, and life insurance benefits for retirees and their dependents. Benefits are provided through a third-party insurer, and the full cost of the benefits is covered by the Plan, along with retiree contributions.

Employees Covered by Benefit Terms: At December 31, 2018, the following employees were covered by the benefit terms:

Inactive plan members or beneficiariescurrently receiving benefit payments 744

Inactive plan members entitled to but notyet receiving benefit payments 2

Active plan members 440

1,186

The Plan is closed to new entrants. Employees hired after January 1, 2007 are not eligible for retirement benefits.

Contributions: The contribution requirements of plan members and the Authority are established, and amended, by the Commissioners. For the year ended December 31, 2018, the Authority’s average contribution rate was 16.27% of covered-employee payroll. Total contributions to the Plan by the Authority during 2018 were $10,366 (includes pay-as-you-go costs of $5,366 and Plan funding contributions of $5,000 authorized by resolution approved by the Commissioners). Contributions by plan members receiving benefits for medical and prescription ranged from $10.00 to $837.31 per month depending on the plan type and coverage selected.



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Note 10. Postemployment Healthcare Plan (“OPEB”) (Continued) Net OPEB Liability

The Authority’s net OPEB liability was measured as of December 31, 2018, and the total OPEB liability used to calculate the net OPEB liability was determined by an actuarial valuation as of January 1, 2018. Actuarial Assumptions: The total OPEB liability in the January 1, 2018 actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement, unless otherwise specified:

Salary increase 3.5 percentInvestment rate of return 3.8 percentHealthcare cost trend rates The following assumptions are used for annual healthcare cost inflation (trend):

Year Pre-65 Post 65

Year 1 Trend January 1, 2020 8.0% 8.0%Ultimate Trend January 1, 2026 & Later 5.0% 5.0%Grading Per Year 0.5% 0.5%

Mortality rates were based on the RP 2014 Healthy Male and Female Tables are based on the Employee and Healthy Annuitant Tables for both pre & post retirement projected with mortality improvement using the most current Society of Actuaries Mortality Improvement Scale MP-2018. The OPEB Plan fiduciary net position was projected with an investment return of 3.8%. Discount Rate: The discount rate used to measure the total OPEB liability was 3.8%, which was based on the prescribed discount interest rate methodology under GASBS No. 75 using an average of three 20-year bond indices (e.g., Bond Buyer-20 Bond GO - 4.09%, S&P Municipal Bond 20 Year High Grade Rate Index - 3.64%, and Fidelity GA AA 20 Years - 3.71%) as of December 31, 2018. The projection of cash flows used to determine the discount rate assumed that Authority contributions will be made at rates equal to the actuarial determined contribution rates. Based on those assumptions, the OPEB Plan’s fiduciary net position was projected to be available to make all projected OPEB payments for current active and inactive employees assuming that such payments are paid separate from the OPEB Plan fiduciary fund. Therefore, the long-term expected rate of return on OPEB Plan investments was applied to all periods of projected benefit payments to determine the total OPEB liability. Changes in the Net OPEB Liability

PlanTotal OPEB Fiduciary Net OPEB

Liability Net Position Liability(a) (b) (a) - (b)

Balances at January 1, 2018 114,380$ 25,766$ 88,614$

Changes for the year:Service cost 337 337Interest 4,245 4,245Contributions - employer:

Pay-as-you-go costs 5,366 (5,366)Plan funding 5,000 (5,000)

Net investment income 399 (399)Benefit payments (5,366) (5,366)Administrative expense (82) 82

Net changes (784) 5,317 (6,101)

Balances at December 31, 2018 113,596$ 31,083$ 82,513$



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Note 10. Postemployment Healthcare Plan (“OPEB”) (Continued) Changes in the Net OPEB Liability (Continued) Sensitivity of the Net OPEB Liability to Changes in the Discount Rate: The following presents the net OPEB liability of the Authority, as well as what the Authority’s net OPEB liability would be if it were calculated using a discount rate that is 1-percentage-point lower (2.80%) or 1-percentage-point higher (4.80%) than the current discount rate:

1% Decrease Discount Rate 1% Increase(2.80%) (3.80%) (4.80%)

Net OPEB liability 99,118$ 82,513$ 69,127$ Sensitivity of the Net OPEB Liability to Changes in the Healthcare Cost Trend Rates: The following presents the net OPEB liability of the Authority, as well as what the Authority’s net OPEB liability would be if it were calculated using healthcare cost trend rates that are 1-percentage-point lower (2.80% decreasing to 4.5%) or 1-percentage-point higher (4.80% decreasing to 6.5%) than the current healthcare cost trend rates:

Trend Rate Current Valuation Trend RateLess 1% Discount Rate Plus 1%

Net OPEB liability 68,414$ 82,513$ 100,157$ OPEB Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to OPEB For the year ended December 31, 2018, the Authority recognized OPEB expense of $4,264. Since 2018 was the first year of implementation of GASBS No. 75, there were no actuarial calculated deferred outflows of resources or deferred inflows of resources related to OPEB liabilities. Payable to the OPEB Plan At June 30, 2019 there were no payables reported to the OPEB Plan. Note 11. Indentures of Trust The Authority’s outstanding Revenue Bonds are subject to the provisions of the following Indentures of Trust: Revenue Refunding Bonds of 1998, dated July 1, 1998; the 2013 Revenue Bonds, dated December 1, 2013, and the 2018 Revenue and Revenue Refunding Bonds, dated December 18, 2018 (collectively the “Bond Resolution”). In addition, the Port District Project Bonds of 1999, dated December 1, 1999, and the 2012 Port District Project Refunding Bonds, dated December 1, 2012, are governed by separate, individual indentures.



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Note 11. Indentures of Trust (Continued)

The Bond Resolution requires the maintenance of the following accounts:

Project Fund: This restricted account was established in accordance with Section 6.02 of the Bond Resolution. The Project Fund is held by the Trustee and is applied to pay the cost of the Projects and is pledged, pending application to such payment of costs for the security of the payment of principal and interest on the Revenue, Revenue Refunding, and Project Bonds (the “Bonds”). Debt Service Fund: This restricted account was established in accordance with Section 6.04 of the Bond Resolution for the payment of maturing interest and principal on the Bonds. The balance on deposit must be sufficient to enable the Trustee to withdraw amounts equal to interest due on the Bonds, principal amounts maturing on Bonds, accrued interest included in the purchase price of the bonds purchased for retirement, and sinking fund installments when payments are required. Debt Service Reserve Fund: This restricted account was established in accordance with Section 6.05 of the Bond Resolution. The amount of funds on deposit must be maintained at a level equal to the Maximum Debt Service to insure funds are available for payment of Debt Service. Bond Redemption Fund: This restricted account was established in accordance with section 6.06 of the Bond Resolution to account for amounts received from any source for the redemption of Bonds, other than mandatory sinking fund payments. Rebate Fund: This restricted account was established in accordance with Section 6.07 of the bond Resolution account for amounts deposited from time to time in order to comply with the arbitrage rebate requirements of Section 148 of the Code as applicable to any Series of Tax-Exempt Bonds issued. Revenue Fund: This unrestricted account was established in accordance with Section 6.03 of the Bond Resolution for the Authority to deposit all Revenues. On or before the 20th day of each calendar month, the Trustee shall, to the extent money is available, after deduction of cash and investment balances for the 15% working capital reserve, transfer to or credit funds needed in the following order: (1) the Debt Service Fund, (2) the Debt Service Reserve Fund, (3) any Reserve Fund Credit Facility Issuer, (4) the Trustee’s Rebate Fund, (5) the Maintenance Reserve Fund, (6) the General Fund. Maintenance Reserve Fund: This restricted account was established in accordance with Section 6.08 of the Bond Resolution. These funds are maintained for reasonable and necessary expenses with respect to the system for major repairs, renewals, replacements, additions, betterments, enlargements, improvements and extraordinary expenses, all to the extent not provided for in the then current Annual Budget. Money in this account is pledged for the security of payment of principal and interest on the bonds. Whenever the amount in this account exceeds the “Maintenance Reserve Fund Requirement,” the excess shall be deposited in the General Fund. The “Maintenance Reserve Fund Requirement” on any date is at least $3,000. General Fund: This unrestricted account was established in accordance with Section 6.09 of the Bond Resolution. All excess funds of the Authority are recorded in the General Account. If the Authority is not in default in the payment of bond principal or interest and all fund requirements are satisfied, the excess funds may be used by the Authority for any lawful purpose.



Page 29

Note 12. Funded and Long-Term Debt Total Outstanding Funded Debt: At June 30, 2019 the Authority had $1,397,783 in Revenue, Revenue Refunding, and Port District Project and Project Refunding Bonds outstanding, consisting of bonds issued in 1999, 2012, 2013, and 2018. The 1999 Port District Project Bonds were issued pursuant to an Indenture of Trust dated December 1, 1999. The 2012 Port District Project Refunding Bonds were issued pursuant to an Indenture of Trust dated December 1, 2012. The 2013 Revenue Bonds were issued pursuant to an Indenture of Trust, a Ninth Supplemental Indenture, dated as of December 1, 2013. The 2018 Revenue and Revenue Refunding Bonds were issued pursuant to a Fourteenth Supplemental Indenture dated December 18, 2018. 1999 Port District Project Bonds: On December 22, 1999, the Authority issued $272,095 to provide funds to finance (a) all or a portion of the cost of certain port improvement and economic development projects within the Port District, (b) a deposit of cash or a Reserve Fund Credit Facility to the credit of the Debt Service Reserve Fund established under the 1999 Port District Project Bond Indenture and (c) all or a portion of the costs and expenses of the Authority relating to the issuance and sale of the 1999 Port District Project Bonds (Series A and B). The 1999 Port District Project Bonds are general corporate obligations of the Authority. The 1999 Port District Project Bonds are not secured by a lien or charge on, or pledge of, any revenues or other assets of the Authority other than the monies, if any, on deposit from time to time in the Funds established under the 1999 Port District Project Bond Indenture. No tolls, rents, rates or other such charges are pledged for the benefit of the 1999 Port District Project Bonds. The 1999 Port District Project Bonds are equally and ratably secured by the funds on deposit in the Funds established under the 1999 Port District Project Bond Indenture, except for the Rebate Fund. The 1999 Port District Project Bonds are payable from such Funds and from other monies of the Authority legally available. The 1999 Port District Project Bonds are subject to optional redemption and mandatory sinking fund redemption prior to maturity as more fully described herein. The scheduled payment of principal and interest on the 1999 Port District Project Bonds when due are guaranteed under an insurance policy issued concurrently with the delivery of the 1999 Port District Project Bonds by Financial Security Assurance Inc. The 1999 Port District Project Bonds (Series A) outstanding at June 30, 2019 are as follows:

Maturity Date Interest Principal Maturity Date Interest Principal(January 1) Rate/Yield Amount (January 1) Rate/Yield Amount

Term Bonds

2020 7.63% 5,295$ 2021 7.63% 1,035

Total par value of 1999 Port District Project Bonds 6,330$



Page 30

Note 12. Funded and Long-Term Debt (Continued) 1999 Port District Project Bonds (Continued):

Optional Redemption: The Series A Port District Project Bonds are redeemable by the Authority on any interest payment date in whole or in part, and if in part, in any order of maturity specified by the Authority and in any principal amount within a maturity as specified by the Authority. Any such redemption shall be made at a redemption price equal to accrued interest to the redemption date plus the greater of (i) the principal amount of the Series A Port District Project Bonds to be redeemed, and (ii) an amount equal to the discounted remaining fixed amount payments applicable to the Series A Port District Project Bonds to be redeemed. Allocation of the amounts of Series A Port District Project Bonds to be redeemed shall be proportionate nearly as reasonably possible having due regard for minimum authorized denominations of the 1999 Port District Project Bonds among the respective interest of the holders of the Series A Port District Project Bonds to be redeemed at the time of selection of such Series A Port District Project Bonds for redemption regard for minimum authorized denominations of the 1999 Port District Project Bonds among the respective interest of the holders of the Series A Port District Project Bonds to be redeemed at the time of selection of such Series A Port District Project Bonds for redemption. 2012 Port District Project Refunding Bonds: On December 20, 2012, the Authority issued $153,030 in Port District Project Refunding Bonds, Series 2012. The Port District Project Refunding Bonds, Series 2012 (the “2012 Bonds”) were issued pursuant to the Compact, the New Jersey Act, the Pennsylvania Act (as such terms are defined herein) and an Indenture of Trust (the "Indenture") dated as of December 1, 2012, between the Authority and TD Bank, N.A., Cherry Hill, New Jersey, as trustee (the "Trustee"). The 2012 Bonds were issued to (i) refund and redeem all of the outstanding principal balance of and interest accrued on the Authority's outstanding Port District Project Bonds, Series B of 1998, Port District Project Bonds, Series B of 1999, and Port District Project Bonds, Series A of 2001. The refunding resulted in a loss (difference between the reacquisition price and the net carrying amount of the old debt) of $7,000. This difference, reported in the accompanying combined financial statements as a deferred outflow of resources, is being charged to operations through the year 2025 using the effective interest method. The 2012 Bonds are general corporate obligations of the Authority. The 2012 Bonds are not secured by a lien or charge on, or pledge of, any revenues or other assets of the Authority other than the moneys, if any, on deposit from time to time in the Funds established under the Indenture, except for the Rebate Fund. No tolls, rents, rates or other charges are pledged for the benefit of the 2012 Bonds. The 2012 Bonds are equally and ratably secured by the monies, if any, on deposit in the Funds established under Indenture, except for the Rebate Fund. The 2012 Bonds are payable from such Funds and from other monies of the Authority legally available therefore. Redemption Provisions: Optional Redemption: The 2012 Bonds maturing on or after January 1, 2024 are subject to redemption prior to maturity at the option of the Authority on or after January 1, 2023, in whole at any time, or in part at any time and from time to time, in any order of maturity specified by the Authority and within a maturity as selected by the Trustee as provided in the Indenture and as summarized below under the subheading “Redemption Provisions - Selection of 2012 Bonds to be Redeemed.” Any such redemption shall be made at a redemption price equal to the principal amount of the Bonds to be redeemed, plus interest accrued to the date fixed for redemption.



Page 31

Note 12. Funded and Long-Term Debt (Continued) 2012 Port District Project Refunding Bonds (Continued): Redemption Provisions (Continued): Payment of Redemption Price: Notice of redemption having been given in the manner provided in the Indenture, or written waivers of notice having been filed with the Trustee prior to the date set for redemption, the 2012 Bonds (or portions thereof) so called for redemption shall become due and payable on the redemption date so designated and interest on such 2012 Bonds (or portions thereof) shall cease to accrue from the redemption date whether or not such Bonds shall be presented for payment. The principal amount of all 2012 Bonds so called for redemption, together with the redemption premium, if any, payable with respect thereto and accrued and unpaid interest thereon to the date of redemption, shall be paid (upon presentation and surrender of such 2012 Bonds) by the Paying Agent out of the appropriate Fund or other funds deposited for the purpose. Selection of 2012 Bonds to be Redeemed: If less than all of the 2012 Bonds are to be redeemed and paid prior to maturity, 2012 Bonds registered in the name of the Authority shall be redeemed before other 2012 Bonds are redeemed. Thereafter, the portion of 2012 Bonds to be redeemed shall be selected by the Authority, or if no such selection is made, by lot by the Trustee from among all outstanding 2012 Bonds eligible for redemption. In the case of a partial redemption of 2012 Bonds when 2012 Bonds of denominations greater than the minimum Authorized Denomination are outstanding, then for all purposes in connection with such redemption, each principal amount equal to the minimum authorized denomination shall be treated as though it were a separate 2012 Bond for purposes of selecting the 2012 Bonds to be redeemed, provided that no 2012 Bonds shall be redeemed in part if the principal amount to be outstanding following such partial redemption is not an authorized denomination. The 2012 Port District Project Refunding Bonds outstanding at June 30, 2019 are as follows:

2013 Revenue Bonds: On December 18, 2013, the Delaware River Port Authority issued its Revenue Bonds, Series of 2013 in the aggregate principal amount of $476,585. The 2013 Revenue Bonds were issued by means of a book-entry-only system evidencing ownership and transfer of 2013 Revenue Bonds on the records of The Depository Trust Company, New York, New York, and its participants. Interest on the 2013 Revenue Bonds will be payable semi-annually on January 1 and July 1 of each year commencing July 1, 2014.


2020 5.00% 7,320 2024 5.00% 15,520 2021 5.00% 12,350 2025 5.00% 16,300 2022 5.00% 14,085 2026 5.00% 17,115 2023 3.00% 240 2027 5.00% 17,975 2023 5.00% 14,545$

Total par value of 2012 Port District Project Refunding Bonds 115,450 Add: unamortized bond premium 8,201

Total 2012 Port District Project Refunding Bonds, net 123,651$



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Note 12. Funded and Long-Term Debt (Continued) 2013 Revenue Bonds (Continued): The 2013 Revenue Bonds were issued pursuant to the Compact, the New Jersey Act, the Pennsylvania Act and an Indenture of Trust, dated as of July 1, 1998, by and between the Authority and TD Bank, N.A., Cherry Hill, New Jersey, as successor to Commerce Bank, N.A., as trustee, as heretofore supplemented from time to time, including as supplemented by a Ninth Supplemental Indenture, dated as of December 1, 2013 (collectively, the “1998 Revenue Bond Indenture”). The 2013 Revenue Bonds are being issued for the purpose of: (i) financing a portion of the costs of the Authority’s approved capital improvement program; (ii) funding a deposit to the 1998 Debt Service Reserve Fund established under and as specifically defined in the 1998 Revenue Bond Indenture; and (iii) paying the costs of issuance of the 2013 Revenue Bonds. The 2013 Revenue Bonds are limited obligations of the Authority and are payable solely from the sources referred to in the 2013 Revenue Bonds and the 1998 Revenue Bond Indenture. Neither the credit nor the taxing power of the Commonwealth of Pennsylvania (the “Commonwealth”) or the State of New Jersey (the “State”) or of any county, city, borough, village, township or other municipality of the Commonwealth or the State is or shall be pledged for the payment of the principal, redemption premium, if any, or interest on the 2013 Revenue Bonds. The 2013 Revenue Bonds are not and shall not be deemed to be a debt or liability of the Commonwealth or the State or of any such county, city, borough, village, township or other municipality, and neither the Commonwealth nor the State nor any such county, city, borough, village, township or other municipality is or shall be liable for the payment of such principal, redemption premium, or interest. The Authority has no taxing power. The 2013 Revenue Bonds outstanding at June 30, 2019 are as follows:

Optional Redemption: The 2013 Revenue Bonds are subject to redemption at the option of the Authority, prior to maturity, in whole or in part (and if in part, in such order of maturity or within a maturity as the Authority shall specify, or if the Authority shall fail to specify, by lot or by such other method as the Paying Agent determines to be fair and reasonable and in any principal amount in Authorized Denominations), at any time on or after January 1, 2024. Any such redemption shall be made at a redemption price equal to 100% of the principal amount of the 2013 Revenue Bonds to be redeemed, plus accrued interest to the Redemption Date.


2027 5.000% 23,560$ 2034 4.625% 810$ 2027 4.125% 845 2035 5.000% 34,870 2028 5.000% 25,615 2035 4.750% 1,000 2029 5.000% 26,895 2036 5.000% 36,660 2030 5.000% 28,070 2036 4.750% 1,000 2030 4.500% 170 2037 5.000% 38,540 2031 5.000% 29,650 2037 4.750% 1,000 2032 4.500% 31,135 2038 5.000% 41,515 2033 5.000% 32,535 2039 5.000% 43,590 2034 5.000% 33,355 2040 5.000% 45,770

Total par value of 2013 Revenue Bonds 476,585 Add: unamortized bond premium 8,654

Total 2013 Revenue Bonds, net 485,239$



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Note 12. Funded and Long-Term Debt (Continued) 2018 Revenue Bonds: On December 18, 2018, the Delaware River Port Authority issued its Revenue Bonds, Series of 2018, totaling $700,505, consisting of: its Revenue Bonds, Series A of 2018 in the aggregate principal amount of $273,475, its Revenue Refunding Bonds, Series B of 2018 (the “2018B Revenue Refunding Bonds”) in the aggregate principal amount of $404,060, and its Revenue Bonds, Series C of 2018 (Federally Taxable) (the “2018C Revenue Bonds) in the aggregate principal amount of $22,970, and together with the 2018A Revenue Bonds, the 2018B Revenue Refunding Bonds, and the 2018C Revenue Bonds collectively called the “2018 Revenue Bonds”. The 2018 Revenue Bonds were issued by means of a book-entry-only system evidencing ownership and transfer of 2018 Revenue Bonds on the records of The Depository Trust Company, New York, New York, and its participants. Interest on the 2018 Revenue Bonds is payable semi-annually on January 1 and July 1 of each year commencing July 1, 2019. The 2018 Revenue Bonds were issued pursuant to the Compact, the New Jersey Act, the Pennsylvania Act and an Indenture of Trust, dated as of July 1, 1998, by and between the Authority and TD Bank, N.A., Cherry Hill, New Jersey, as successor to Commerce Bank, National Association, as trustee, as heretofore amended and supplemented from time to time, including as amended and supplemented by a Fourteenth Supplemental Indenture, dated as of December 18, 2018 (collectively, the “1998 Revenue Bond Indenture”). The 2018 Revenue Bonds, Series A, B and C, as more particularly specified within, were issued for the purpose of: (i) financing a portion of the costs of the Authority’s approved capital improvement program; (ii) current refunding all of (1) $100,120 aggregate principal amount of the Authority’s Revenue Refunding Bonds, Series A of 2008, (2) $111,240 aggregate principal amount of the Authority’s Revenue Refunding Bonds, Series B of 2008, (3) $51,305 aggregate principal amount of the Authority’s Revenue Refunding Bonds, Series A-1 of 2010, (4) $55,330 aggregate principal amount of the Authority’s Revenue Refunding Bonds, Series A-2 of 2010, (5) $106,635 aggregate principal amount of the Authority’s Revenue Refunding Bonds, Series B of 2010, and (6) $35,535 aggregate principal amount of the Authority’s Revenue Refunding Bonds, Series C of 2010; (iii) financing a portion of the cash settlement cost to terminate all of the Authority’s 1995 Revenue Bond Swaption and 1999 Revenue Bond Swaption; (iv) funding a deposit to the 1998 Debt Service Reserve Fund established under and as specifically defined in the 1998 Revenue Bond Indenture; and (v) paying the costs of issuance of the 2018 Revenue Bonds. The 2018 Revenue Bonds are limited obligations of the Authority and are payable solely from the sources referred to in the 2018 Revenue Bonds and the 1998 Revenue Bond Indenture. Neither the credit nor the taxing power of the Commonwealth of Pennsylvania (the “Commonwealth”) or the State of New Jersey (the “State”) or of any county, city, borough, village, township or other municipality of the Commonwealth or the State is or shall be pledged for the payment of the principal, redemption premium, if any, or interest on the 2018 Revenue Bonds. The 2018 Revenue Bonds are not and shall not be deemed to be a debt or liability of the Commonwealth or the State or of any such county, city, borough, village, township or other municipality, and neither the Commonwealth nor the State nor any such county, city, borough, village, township or other municipality is or shall be liable for the payment of such principal, redemption premium, or interest. The Authority has no taxing power. 2018A Revenue Bonds: On December 18, 2018, the Authority issued new fixed rate bonds, in the amount of $273,475, at a premium of $43,893. As a result of this transaction (including payment of debt service reserve and cost of issuance requirements), $290,000 was deposited into the 2018 new bond project fund account, to support the 2019 5-year Capital Plan.



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Note 12. Funded and Long-Term Debt (Continued) 2018 Revenue Bonds (Continued): 2018A Revenue Bonds (Continued): The 2018A Revenue Bonds outstanding at June 30, 2019 are as follows:

Optional Redemption: The 2018A Revenue Bonds are subject to redemption at the option of the Authority, prior to maturity, in whole or in part (and if in part, in such order of maturity or within a maturity as the Authority shall specify, or if the Authority shall fail to specify, by lot or by such other method as the Paying Agent determines to be fair and reasonable and in any principal amount in Authorized Denominations), at any time on or after January 1, 2029. Any such redemption shall be made at a redemption price equal to 100% of the principal amount of the 2018A Revenue Bonds to be redeemed, plus accrued interest to the Redemption Date. 2018B Revenue Refunding Bonds: On December 18, 2018, the Authority issued $404,060 in fixed rate bonds, and used these funds, along with “other available funding sources”, to refund $460,165 in variable rate debt (specifically, the 2008 Series A&B and 2010 Series A, B and C Revenue Refunding Bonds). As a result, the Authority eliminated all of its variable debt. This transaction also resulted in the termination of two LOCs, which supported the 2008B and 2010B Revenue Bonds (principal amount totaling $217,875). (see Note 15). Four (4) LIBOR Index Rate-based bank purchase loans (a.k.a, “Floating Rate Notes”), with three banks totaling $242,290, which supported the 2008A, 2010A and 2010C Revenue Refunding Bonds, were also terminated. In addition, as a result of this transaction, the 1999 Revenue Bond Swaption was terminated and cash-settled in the amount of $35,721 (Note 4).


2027 5.000% 1,690$ 2034 5.000% 20,565$ 2028 5.000% 15,345 2035 5.000% 21,590 2029 5.000% 16,110 2036 5.000% 22,670 2030 5.000% 16,920 2037 5.000% 23,805 2031 5.000% 17,760 2038 5.000% 24,995 2032 5.000% 18,650 2039 5.000% 26,240 2033 5.000% 19,580 2040 5.000% 27,555

Total par value of 2018A Revenue Bonds 273,475 Add: unamortized bond premium 42,489

Total 2018A Revenue Bonds, net 315,964$



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Note 12. Funded and Long-Term Debt (Continued) 2018 Revenue Bonds (Continued): The 2018B Revenue Refunding Bonds outstanding at June 30, 2019 are as follows:

Optional Redemption: The 2018B Revenue Refunding Bonds are not subject to redemption at the option of the Authority, prior to maturity. 2018C Revenue Bonds: On December 18, 2018, the Authority issued $22,970 in federally taxable fixed rate bonds, proceeds of which, along with a $5,000 contribution from the Authority, were used to pay the cash-settlement termination cost of the 1995 Swap with TD Bank, N.A. on December 18, 2018, in the amount of $28,050 (Note 4). The 2018C Revenue Bonds (Federally Taxable) outstanding at June 30, 2019 are as follows:

Maturity Date Interest Principal(January 1) Rate/Yield Amount

2020 3.000% 22,970$

Total par value of 2018C Revenue Bonds 22,970$

Optional Redemption: The 2018C Revenue Bonds are not subject to redemption at the option of the Authority, prior to maturity.


2020 5.000% 32,755$ 2023 5.000% 60,105$ 2021 5.000% 57,400 2024 5.000% 62,680 2022 5.000% 57,645 2025 5.000% 65,350

2026 5.000% 68,125

Total par value of 2018B Revenue Refunding Bonds 404,060 Add: unamortized bond premium 39,569

Total 2018B Revenue Refunding Bonds, net 443,629$



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Note 12. Funded and Long-Term Debt (Continued) 2018 Revenue Bonds (Continued): 2018 Revenue Bonds: The total collective 2018 Revenue Bonds outstanding at June 30, 2019 are as follows:

Maturities of Principal and Interest on Bonds: The following presents the principal and interest due on all bonds outstanding as of June 30, 2019:

Interest on all of the Authority’s fixed rate debt (revenue bonds and port district project bonds issued in 1999, 2012, 2013, and 2018) is payable semi-annually on January 1 and July 1 in each year. The Authority is current on all of its monthly debt service payments on all obligations.


2020 3.000% 22,970$ 2030 5.000% 16,920$ 2020 5.000% 32,755 2031 5.000% 17,760 2021 5.000% 57,400 2032 5.000% 18,650 2022 5.000% 57,645 2033 5.000% 19,580 2023 5.000% 60,105 2034 5.000% 20,565 2024 5.000% 62,680 2035 5.000% 21,590 2025 5.000% 65,350 2036 5.000% 22,670 2026 5.000% 68,125 2037 5.000% 23,805 2027 5.000% 1,690 2038 5.000% 24,995 2028 5.000% 15,345 2039 5.000% 26,240 2029 5.000% 16,110 2040 5.000% 27,555

Total par value of 2018 Revenue Bonds 700,505 Add: unamortized bond premium 82,058

Total 2018 Revenue Bonds, net 782,563$

Years Ending December 31, Principal Interest Total

2020 68,340 62,923 131,263 2021 70,785 59,591 130,376 2022 71,730 56,015 127,745 2023 74,890 52,352 127,242 2024-2028 330,120 205,552 535,672 2029-2033 237,475 141,610 379,085 2034-2038 302,375 75,038 377,413 2039-2040 143,155 7,245 150,400

1,298,870 660,326$ 1,959,196$

Net unamortized bond premiums 98,913

1,397,783$



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Note 12. Funded and Long-Term Debt (Continued) Debt Authorized but not Issued: At its August 2013 meeting, the Authority’s Board authorized the issuance, sale and delivery of up to $550,000 in taxable or tax-exempt fixed rate bonds, to fund the 5-year 2013 Capital Plan (DRPA-13-094). This resolution rescinded and repealed all prior resolutions (DRPA-09-064 and DRPA-13-030) and any prior inconsistent resolutions. In December 2013, the Authority issued $476,600 in fixed rate bonds (the 2013 Revenue Bonds) based on this resolution, and $73,400 remains authorized but not issued under this Board resolution. Resolution 16-055: This resolution, approved by the Board at its April 20, 2016 meeting, authorized the Authority to issue up to $400 million in “fixed or variable rate refunding bonds by direct placement or private purchase”, in order to purchase or refund, all, or a portion of, the existing variable rate bonds (2008 and 2010 revenue refunding bonds). Note, however, that while Resolution 16-055 authorized a debt issuance, the tax law passed by Congress in December 2017 has prohibited “advance refunding”; therefore, the debt authorization provided by Resolution 16-055 cannot be effectuated. Resolution DRPA-16-098: At its September 21, 2016 meeting, the Authority’s Board authorized the Authority to issue Revenue Refunding Bonds “in an aggregate principal amount not to exceed $960.0 million,“ “to advance refund and redeem all or a portion of the outstanding” 2010D and 2013 Revenue Bonds, “to effect interest cost savings for the Authority, and, to the extent deemed economically advantageous and fiscally prudent, amend, replace or terminate any or all of the Authority’s outstanding Interest Rate Swap Agreements.” Resolution DRPA-16-098 (Continued): Resolution DRPA-16-098 also authorized the Authority to refund outstanding Variable Rate Revenue Bonds associated with the Inter Rate Swap Agreements, if deemed advantageous and prudent based on market and other factors. (The “Swap Refunding Bonds, if issued shall be issued as fixed rate bonds in an aggregate principal amount”, not to exceed $600,000.)

1. Defeasement and Redemption of 2010D Bonds (DRPA #18-007): On November 18, 2018, the 2010D Revenue Bonds, in the amount of $308,375, were defeased through use of $281,304 in General Fund monies and other funds available to the Authority, as authorized by DRPA Resolution #18-007. The 2013 Revenue Bonds remain outstanding, however, as the authorization for an advance refunding cannot be effectuated, as mentioned previously.

2. Termination of Swaps: The 1995 and 1999 Revenue Bond Swaps were terminated on December 6, 2018 and then cash-settled on December 18, 2018 in the amounts of $28,050 and $35,721, respectively, from proceeds as a result of the issuance of the 2018 Revenue Refunding Bonds, Series B and C (federally taxable), and the use of other funds available to the Authority. The 2000 swaptions, with Bank of America, though “inactive”, were also cash-settled using Authority funds on December 12, 2018.

3. Refunding of Variable Rate Bonds: On December 18, 2018, the 2018 Revenue Refunding Bonds (Series B) were issued in the amount of $404,060, which were used, along with other funds available to the Authority, to fully redeem all of the outstanding variable rate bonds (2008 and 2010 Revenue Refunding Bonds).

As a result of the aforementioned transactions, $1,033,415 remains authorized but not issued under these Board resolutions. Resolution DRPA #18-008: This resolution authorized the issuance of up to $350,000 in new revenue bonds, subject to market conditions. On December 18, 2018, the Authority issued $273,475 in new revenue bonds (2018A Revenue Bonds), as per the resolution leaving $76,525 in authorized but not issued bonds.



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Note 12. Funded and Long-Term Debt (Continued) Resolution DRPA #18-008 (continued): These combined authorizations, which total $1,109,940 as of December 31, 2018 and June 30, 2019, provide flexibility for the Authority to engage in the aforementioned transactions, under the right conditions, but do not obligate the Authority to execute any of the transactions. Bond Ratings: Significant changes to the Authority’s bond ratings, over the past three (3) years, are described below: Moody’s Investors Service Bond Ratings (“Moody’s”): In its report dated October 31, 2017, Moody’s upgraded its bond ratings on all Authority outstanding bonds. The revenue bonds were upgraded from ‘A3’ to ‘A2’ and the port district project bonds were upgraded from ‘Baa3’ to ‘Baa2,’ all bonds being assigned a “stable outlook.” This is the first Moody’s upgrade of the Authority’s bonds in over a decade. In its report, Moody’s cited a number of core strengths of the Authority including: ”positive traffic momentum,” “a strong liquidity profile,” ”a manageable capital program and, “no-near term debt needs until 2021”, all key factors supporting the ratings increases. On November 16, 2018, just prior to the issuance of the 2018 Revenue Bonds (Series A, B and C), Moody’s assigned an “A2” rating to the new bonds, and affirmed the rating on the Authority’s existing revenue bonds at “A2”. The Port District Project bonds were also affirmed at “Baa2”. The ratings outlook was changed, for all bond issues, to “positive” from “stable.” In its report, Moody’s cited the “expected elimination of DRPA’s variable rate debt exposure and the termination of all of the outstanding swaps”, along with stable future traffic volumes, continued strong liquidity with a “manageable capital plan, as key factors in the upward change in the outlook. As of June 30, 2019, these ratings and outlook remained in place. On April 21, 2016, S&P issued a bond ratings report on the Authority’s debt, using its new joint ratings criteria, wherein the Authority’s Port District Project Bonds were upgraded from “BBB” to “A-“ (with stable outlook) and the Revenue Bonds were affirmed at “A”, with a stable outlook. S&P cited the Authority’s historical performance against budget, its strong financial stability and liquidity (including its capital “pay-go” fund), and its affordable 5-year capital plan of $728,200, as underlying strengths supporting its ratings actions. In its report dated August 1, 2017, S&P reaffirmed the Authority’s ratings on both its Revenue and Port District Project Bonds. The report cited “historically strong liquidity levels, ““DRPA’s long history of stable transaction and revenue growth,” “the maintenance of good debt service coverage, and “conservative” capital and operating budgets. On November 16, 2018, just prior to the issuance of $700,505 in 2018 Revenue Bonds (Series A, B and C), S&P assigned a rating of “A+” to the new bonds and upgraded its underlying rating on the existing revenue bonds to “A+” from “A”, with a stable outlook. The Authority Port District Project Bonds were also upgraded to “A” from “A-“, with a stable outlook. The upgrade reflected the application of S&P’s new updated ratings criteria, published on March 12, 2018. S&P cited the Authority’s “very strong enterprise risk profile and strong financial risk profile”, along with the “long history of favorable net revenue growth and strategic capital funding leading to strong sustainable debt service coverage” and the Authority’s strong liquidity and financial flexibility, which supported the upgrade decision. As of June 30, 2019, these new ratings and outlook remained in place.



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Note 12. Funded and Long-Term Debt (Continued) Defeasance and Refunding of Debt (executed prior to 12/31/2018) Defeasance of Revenue Bonds, Series D of 2010: On November 16, 2018, the Authority defeased its $308,375 Revenue Bonds, Series D of 2010, which are not callable until January 1, 2027, in order to save on interest costs as, according to the maturity schedule, the first legal principal payment was not due until the call date of January 1, 2027. The 2010D Revenue Bonds were originally issued on July 15, 2010 for the purpose of financing a portion of the Authority’s Capital Improvement Program and funding the Debt Service Reserve Requirement. To fund the payment of the outstanding bonds and related interest, the Authority placed $321,690 into an irrevocable debt defeasance trust held by the Authority’s third-party trustee. The source of the funds came from a General Fund contribution of $281,581, a 2010D Revenue Bond debt service fund release of $5,282, and a debt service reserve fund release of $34,827. The amount placed into escrow plus accrued interest will be sufficient to pay the entirety of principal and interest on the bonds at maturity. The assets held in escrow contain obligations guaranteed by the U.S. government denominated in U.S. dollars that are essentially risk free as the escrow’s cash flows approximately coincide as to timing and amount with the scheduled interest and principal payments of the defeased debt. Due to the defeasance, the outstanding debt of $308,375 was removed from the liabilities of the Authority’s combined statement of net position as of December 31, 2018, and a loss on defeasance of debt in the amount of $9,266 has been incurred as a nonoperating expense on the combined statements of revenues, expenses, and changes in net position for the year ended December 31, 2018. Refunding of Debt: As stated earlier in this section, on December 18, 2018, the Authority issued fixed rate 2018B Revenue Refunding Bonds in the amount of $404,060, along with other available funding sources, to refund $460,165 in variable rate debt. The other available funding sources included the following: a premium on issuance of 2018 Revenue Bonds of $44,755, proceeds from the termination of a forward delivery agreement associated with the bond service reserve for the 2010 Revenue Bonds for $7,900, debt service funds on hand for $43,787, and a contribution from the General Fund for $370. The variable rate debt refunded included the following: Revenue Refunding Bonds, Series 2008A for $100,120, Revenue Refunding Bonds, Series 2008B for $111,240, Revenue Refunding Bonds, Series 2010A-1 for $51,305, Revenue Refunding Bonds, Series 2010A-2 for $55,330, Revenue Refunding Bonds, Series 2010B for $106,635, and Revenue Refunding Bonds, Series 2010C for $35,535. The net proceeds of $460,165 (after payment of issuance costs, tax-exempt swap termination, debt service reserve requirements) were used to purchase U.S. government securities. These securities were deposited in an irrevocable trust with an escrow agent to provide for all future debt service payments on the aforementioned refunded bonds. As a result of the current refunding, the Authority will reduce its total debt service payments over the next ten years by $8,234, which results in an economic gain (difference between the present values of the debt service payments of the old and new debt) of $7,720. The net present value savings, however, that will be realized by the Authority is $1,821 after considering its use of funds on hand (terminated forward delivery agreement) and use of issuance proceeds to fund required debt service requirements, thus resulting in .395689% of the principal amount being refunded. The current refunding meets the requirements of an in-substance defeasance and the liability for the refunded bonds was removed from the Authority’s combined statements of net position as of December 31, 2018. As a result of the aforementioned debt refunding, the Authority has recorded a loss on refunding of debt in the amount of $53,130 as deferred outflows of resources on the combined statements of net position, and is amortizing the loss as a component of interest expense, based on the effective interest method, over the life of the 2018B Revenue Refunding Bonds. This loss on refunding of debt represents the difference between the reacquisition price and the net carrying amount of the old debt, together with any deferred outflows of resources or deferred inflows of resources related to the refunded debt.



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Note 13. Government Contributions for Capital Improvements, Additions and Other Projects The Authority receives contributions in aid for financing capital improvements to the rapid transit system from the Federal Transit Administration and other government agencies. Capital improvement grant funds of $10,596 and $26,994 were received in June 30, 2019 and December 31, 2018, respectively. The Authority receives federal and state grants for specific construction purposes that are subject to review and audit by the grantor agencies. Although such audits could result in disallowances under terms of the grants, it is the opinion of management that any required reimbursements will not be material to the Authority’s net position. Note 14. Contingencies Public liability claim exposures are self-insured by the Authority within its self-insured retention limit of $5 million for each occurrence, after which, exists a claims-made excess liability policy with a limit of $25 million per occurrence, in the aggregate, to respond to any large losses exceeding the self-retention.

There have been no settlements that exceed the Authority’s coverage for the periods ended June 30, 2019 and December 31, 2018. In addition, the Authority self-insures the initial $1 million self-insured retention, per accident, for workers’ compensation claims, after which a $25 million limit of excess workers’ compensation insurance is provided by the policy to respond to significant worker compensation injuries. PATCO, however, self-insures the initial $1 million limit, per accident, for workers’ compensation claims, after which a $5 million limit of excess workers’ compensation insurance is retained to respond to significant claims.

There have been no settlements that exceed the Authority’s coverage for periods ended June 30, 2019 and December 31, 2018. The Authority is involved in various actions arising in the ordinary course of business and from workers’ compensation claims. In the opinion of management, the ultimate outcome of these actions will not have a material adverse effect on the Authority’s combined net position and combined results of operations. The Authority purchases commercial insurance for all other risks of loss, e.g. bridge and non-bridge property, crime, terrorism, etc. The Authority reviews annually, and where appropriate, adjusts policy loss limits and deductibles as recommended by its insurance consultants in response to prevailing market conditions, loss experience, and revenues. Policy loss limits are established with the professional assistance of independent insurance broker consultants to ensure that sufficient coverage exists to accommodate the maximum probable loss that may result in the ordinary course of business. Per Article 5.11 of the 1998 Bond Indenture, “...the Authority must maintain with responsible insurers all insurance required….to provide against loss of or damage to the Facilities and loss of Revenues...to protect the interests of the Authority and the Bondholders.” The Authority must submit in writing certifications, by “the Insurance Consultant” to the bond trustee, by April 30 of each year, stating that it has sufficient coverage with regards to “multi-risk insurance” (on DRPA and PATCO facilities), “use and occupancy insurance” (i.e., business interruption), etc., in compliance with the Indenture of Trust. The certifications must provide “in reasonable detail the insurance then in effect pursuant to” Section 5.11 and also must state whether, during the calendar year, any facility has been “materially damages or destroyed, and if so, the amount of insurance proceeds covering such loss or damage…” The Authority submitted its annual certification to the bond trustee, for the year ending December 31, 2018, prior to the deadline, on April 29, 2019. As advised in the certification, during 2018, the Authority did not experience any material damages related to its facilities.



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Note 15. Commitments Development Projects: In support of previously authorized economic development projects, the DRPA’s Board of Commissioners authorized loan guarantees to various banks to complete the financing aspects of a particular project. The Authority’s Board authorized loan guarantees in an amount not to exceed $27,000, prior to 2011 when the Board stopped funding new economic development projects. Home Port Alliance Loan Guarantee: On June 6, 2012, the Authority negotiated a three-year extension of the existing $900 loan guarantee that supports a loan from TD Bank, N.A. to the Home Port Alliance for the Battleship New Jersey. The loan guarantee expired on June 6, 2015. In April 2015, the Authority’s Board authorized the Authority to extend the loan guaranty for a ten-year period (DRPA-15-048) in the amount of $800. As of June 30, 2019, this is the only outstanding loan guarantee. The Authority has made no cash outlays related to this guarantee. Community Impact: The Authority has an agreement with the City of Philadelphia (“City”) for Community Impact regarding the PATCO high-speed transit system (“Locust Street Subway Lease”). The agreement expires on December 31, 2050. In 2017, the base amount payable to the City totaled $3,291 as adjusted for cumulative increases in the Consumer Price Index (CPI) between 1999 and 2016. For the years 2018 through 2050, the annual base payment shall equal one dollar. The Authority made its annual payment in the amount of one dollar to the City in January 2019. In addition, for the duration of the lease, the Authority is required to annually create a PATCO Community Impact Fund in the amount of $500, with payment of such fund to be divided annually between communities within the Commonwealth and the State, based on PATCO track miles in the respective states. The estimated minimum commitment, is as follows:

Redevelopment Fee: The Authority, pursuant to a January 2016 amendment to an original agreement dated December 31, 1991, is obligated to pay a net redevelopment fee to the City of Camden Redevelopment Agency in the amount of $363 annually, as an “ongoing yearly obligation”. This fee is paid annually on or about July 1. The Authority made its annual payment for this obligation in 2019. OCIP Letters of Credit: In May 2008, the Authority entered into two new separate irrevocable (evergreen) standby Letters of Credit (“LOC”) with TD Bank, N.A. (formerly Commerce Bank) and Wachovia Bank, in support of the Authority’s “Owner Controlled Insurance Program (“OCIP”).” Under this insurance program, the Authority purchased various insurance policies and eligible contractors working on major capital construction projects enrolled into the OCIP. The original LOC with Wells Fargo Bank (formerly Wachovia Bank) was for a four-year term in the amount of $5,000 with an expiration date of May 7, 2012. The LOC with TD Bank, N.A. was in an initial amount of $3,015 and automatically increased annually each May, in the amount of $816, until it expired on May 7, 2012.

Year Amount

2019 250$ 2020 500 2021 500 2022 500 2023 500 Thereafter 13,000

15,250$



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Note 15. Commitments (Continued) OCIP Letters of Credit (Continued) The OCIP program was subsequently renewed in 2010, 2013 and 2014, and finally expired on December 31, 2014. During this period, the LOCs were reduced after consultation and approval by the insurance carrier. Although the OCIP program ended in 2015 (the Railroad Protective Liability policy was extended to March of 2015 to meet the completion date of the project), the insurance carrier, AIG required the Authority to maintain the required LOC coverage to cover anticipated workers’ compensation and general liability claims. Statutes of Limitations (“SOL”) for filing workers’ compensation claims, whether based on an occupational disability or a physical injury, vary from state-to-state. In New Jersey, there is a two-year SOL. Pennsylvania has a three-year SOL. The administration responsibilities for the closeout of the OCIP (September 7, 2008 to March 31, 2015) will remain open until:

• either the expiration of the State’s SOL;

• the date all claims are closed (but, no later than three years from the expiration date of December 31, 2014) or;

• the purchase of a “buy-out” (a stipulated sum in which AIG assumes all further financial responsibilities for claims or other obligations under the OCIP to allow DRPA to close its books financially (our letter of credit valued at $5.5 million makes this option possible) with respect to the OCIP.

Pursuant to DRPA-15-064, the board approved the renewal of the LOC in 2015, with TD Bank, N.A. with an expiration date of December 31, 2016 in the amount of $5,462. AIG agreed to lower the LOC from $5,462 to $793 and the LOC was subsequently renewed at a lower principal amount in December 2016, to expire on December 31, 2017. Based on its review in 2017, AIG agreed to a further reduction in the LOC to $398. The Authority renewed the LOC at the new figure of $398 to expire December 31, 2018. On December 10, 2018, based on its review, AIG agreed to another reduction in the LOC to $156. The Authority renewed the LOC in the amount of $156, on December 31, 2018, for one year, to expire December 31, 2019. Direct Pay Letter of Credits: As of June 30, 2019 and December 31, 2018, the Authority had no direct pay letters of credit outstanding as all variable rate bonds were redeemed in late December 2018.



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Note 15. Commitments (Continued) Contractual Commitments: As of June 30, 2019, the Authority had board-approved contracts with remaining balances as follows:

Total Benjamin Franklin Bridge: Bridge, Building and Pavement Repairs and Inspection $ 8,218 Temporary Toll, Clerical, Administration and Custodial Workers 1,749 Toll Revenue, Transportation, Processing and Systems Upgrade 2,044 ERP Consulting Services 20,718 Engineering Services - Program Management and Task Orders 5,876 Pedestrian Bike Ramp 543 Other 5,552 Walt Whitman Bridge: Design Services for New Jersey Approach 583 Painting Spans and Towers 189 Emergency Generator Replacement 77 Commodore Barry Bridge: Bridge Painting Phase I & II and Inspection 6,872 Structural Repairs & Other 3,505 Betsy Ross Bridge: Bridge Painting Phase I & II and Inspection 2,737 Bridge Resurfacing and Other 2,539 PATCO System: Car Overhaul Program 5,043 Elevators Installation 26,590 Station Enhancements 6,044 Westmont & Lindenwold Viaduct and Track Rehabilitation 11,540 Subway Structure, Center Tower & Other Rehabilitation 2,800 Other:

Other Equipment and System Upgrades and Professional services and Maintenance 6,232

$ 119,451



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Note 15. Commitments (Continued) NJ Customer Service Center Contract: In 2015, the Authority signed a contract to participate in the NJ Customer Service Center Contract, related to the implementation of new software system for the NJ E-ZPass group, of which the Authority is a member. (While the system went live in October 2017, it has not yet officially been “accepted” by the NJ E-ZPass agencies) In 2016, the Authority signed a memorandum of agreement (MOA) related to this implementation, which also sets forth how “certain non-toll revenues and expenses of the NJ E-ZPass Group” incurred will be shared among the Agencies….”(DRPA-16-125), including the resolution of prior “negative customer balances”, which have accumulated under the old contract. Under this MOA, the Authority was assigned a “Revenue Allocation share” which resulted in an initial one-time cash payment of approximately $2,400 in 2017, representing the Authority’s pro-rata share of the past negative balances. The payment for 2018 was $189 which was paid out in 2019. Note 16. Bridge and PATCO Fare Schedules Bridge Fares: On July 1, 2011, the approved new bridge toll schedule was implemented as follows:

Class 1 - Motorcycle 5.00$ Class 2 - Automobile 5.00 Class 3 - Two Axle Trucks 15.00 Class 4 - Three Axle Trucks 22.50 Class 5 - Four Axle Trucks 30.00 Class 6 - Five Axle Trucks 37.50 Class 7 - Six Axle Trucks 45.00 Class 8 - Bus 7.50 Class 9 - Bus 11.25 Class 10 - Senior Citizen (with 2 tickets only) 2.50 Class 13 - Auto with Trailer (1 axle) 8.75

PATCO Passenger Fares: On July 1, 2011, a new fare schedule was implemented as follows:

Lindenwold/Ashland Woodcrest 3.00$ Haddonfield/Westmont/Collingswood 2.60 Ferry Avenue 2.25 New Jersey 1.60 City Hall/Broadway/Philadelphia 1.40 Off-Peak Reduced Fare Program 0.70

As noted above, PATCO has a federally mandated reduced off-peak fare program for “elderly persons and persons with disabilities.” These off-peak rates increased from $0.62/trip to $0.70/trip.



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Note 16. Bridge and PATCO Fare Schedules (Continued) Frequent Bridge Traveler Credit: At its July 2015 meeting, the Authority’s Board approved a resolution, DRPA-15-090, to re-implement an $18 credit/18 trips per month for commuter passenger vehicles in the NJ E-ZPass system (the Authority is a member of this consortium). Programming to implement this initiative was finalized and the new “frequent bridge traveler credit” program became effective on December 1, 2015. In January 2016, frequent users received their first credit since reintroduction of the program. Approximately, $1,800 was credited to customer accounts in 2018 based on activity. Deferral of CPI Based Toll Increase: In January 2017, the Authority’s Board approved resolution DRPA-17-002, which authorized the deferral of the CPI index based biennial toll increase. The toll increase was deferred from January 1, 2017 to January 1, 2019. The Authority performed a calculation to determine if a CPI-indexed toll rate change would be enacted for January 1, 2019, using CPI data for September 2018. Based on increases in the CPI for the calculation period, a toll rate increase would have become effective on January 1, 2019. However, the Authority’s Board determined that sufficient revenues and bond project funds and General Fund “pay go” capital funds were available to fund the next four to five years of its capital plan. Therefore, on December 5, 2018, the Authority’s Board approved resolution DRPA#18-131, which authorized the deferral of the CPI-based biennial toll increase from January 1, 2019 to January 1, 2021. Note 17. New Governmental Accounting Pronouncements The Governmental Accounting Standards Board (GASB) has issued the following statements that have effective dates that may affect future financial presentations: Statement No. 84, Fiduciary Activities. The objective of this Statement is to improve guidance regarding the identification of fiduciary activities for accounting and financial reporting purposes and how those activities should be reported. This Statement establishes criteria for identifying fiduciary activities of all state and local governments. The focus of the criteria generally is on (1) whether a government is controlling the assets of the fiduciary activity and (2) the beneficiaries with whom a fiduciary relationship exists. Separate criteria are included to identify fiduciary component units and postemployment benefit arrangements that are fiduciary activities. The Statement will become effective for the Authority’s year ending December 31, 2019 and is not expected to have a material impact on the basic financial statements. Statement No. 87, Leases. The objective of this Statement is to better meet the information needs of financial statement users by improving accounting and financial reporting for leases by governments. This Statement increases the usefulness of governments' financial statements by requiring recognition of certain lease assets and liabilities for leases that previously were classified as operating leases and recognized as inflows of resources or outflows of resources based on the payment provisions of the contract. It establishes a single model for lease accounting based on the foundational principle that leases are financings of the right to use an underlying asset. Under this Statement, a lessee is required to recognize a lease liability and an intangible right-to-use lease asset, and a lessor is required to recognize a lease receivable and a deferred inflow of resources, thereby enhancing the relevance and consistency of information about governments' leasing activities. The Statement will become effective for the Authority’s year ending December 31, 2020. Management is currently evaluating whether or not this Statement will have an impact on the basic financial statements of the Authority.



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Note 18. Change in Accounting Principles and Prior Period Restatement Change in Accounting Principles: For the year ended December 31, 2018, the Authority was required to implement GASB Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits other than Pensions. The objective of the Statement is to improve accounting and financial reporting by state and local governments for postemployment benefits other than pensions (other postemployment benefits or OPEB). This Statement replaces the requirements of Statement No. 45, Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions, as amended. The adoption of this Statement established standards for the Authority in recognizing and measuring liabilities, deferred outflows of resources, deferred inflows of resources, and expenses related to OPEB. For defined benefit OPEB, the Statement also identifies the methods and assumptions that are required to be used to project benefit payments, discount projected benefit payments to their actuarial present value, and attribute that present value to periods of employee service. Note disclosure and required supplementary information requirements about defined benefit OPEB also are addressed. For additional information related to OPEB, see Note 10. The cumulative effect of adopting GASB Statement No. 75 is summarized as follows:

Cumulative effect of adopting GASB Statement No. 75 - Combined Statement of Revenues, Expenses and Changes in Net Position

Net Position, January 1, 2018 744,134$ Decrease in Net Position:

Recognition of additional net opeb liability (74,135)$

Cumulative effect of change in accounting principles (74,135)

Net Position, January 1, 2018 (as restated) 669,999$

Cumulative effect of adopting GASB Statement No. 75 - Revenue Fund

Net Position (Deficiency), January 1, 2018 (118,322)$ Decrease in Net Position:



Net Position (Deficiency), January 1, 2018 (as restated) (183,011)$

Cumulative effect of adopting GASB Statement No. 75 - General Fund

Net Position, January 1, 2018 410,661$ Decrease in Net Position:



Net Position, January 1, 2018 (as restated) 401,215$



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Note 19. Subsequent Events Union Contracts: All union contracts, including those negotiated with the Teamsters, FOP, IUOE and IBEW, expired on December 31, 2017. Contract negotiations commenced with the aforementioned unions. On December 5, 2018, the DRPA and PATCO Boards approved resolutions approving economic terms and authorizing staff to negotiate terms to complete collective bargaining agreements with the DRPA’s IUOE and FOP, and PATCO’s Teamsters unions. On April 17, 2019, The DRPA Board approved a resolution authorizing approving economic terms and authorizing staff to negotiate terms to complete collective bargaining agreements with DRPA’s IBEW union. The Collective Bargaining Agreement with the IUOE has been completed and will expire December 31, 2020. The Collective Bargaining Agreement with the FOP has been completed and will expire December 31, 2021. The Collective Bargaining Agreement with IBEW has been completed and will expire on December 31, 2020. When completed, the Collective Bargaining Agreement for the Teamsters is authorized for a term expiring December 31, 2020. The Collective Bargaining Agreement with the Teamsters is expected to be completed during the fourth quarter 2019.

Schedule 1

REVENUE FUND: Cash on hand: Undeposited Tolls and Ticket Sales 2,852,741$ Santander Bank, N.A. 181,989 TD Bank N.A. 1,744,801 Bank of America, N.A. 638,351 Bank Of New York Mellon, N.A. 1,712,878 Wells Fargo Bank, N.A. 570,916 7,701,676$

1998 PORT DISTRICT PROJECT FUND: Santander Bank, N.A. 4,108$

1999 PORT DISTRICT PROJECT FUND: Wells Fargo Bank, N.A. 473,158$

1999 PROJECT FUND: Santander Bank, N.A. 59,566$

GENERAL FUND: Cash on Hand - Change and Working Funds for PATCO Transit System Stations 230,823 Wells Fargo Bank, N.A. 1,115,933 Santander Bank, N.A. 3,172,437 Bank Of New York Mellon, N.A. 147,415 TD Bank N.A. 16,321,781 20,988,389$

Total 29,226,896$

DELAWARE RIVER PORT AUTHORITYCASH & CASH EQUIVALENTS

June 30, 2019 (Unaudited)

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Schedule 2

Par Value Fair ValueREVENUE FUND: Wells Fargo Securities Revenue Fund Money Market $ 15,905,817 15,905,817 Goldman Sachs Treasury Obligation Money Market 66,353 66,353

$ 15,972,170 15,972,170

MAINTENANCE RESERVE FUND (Restricted): Goldman Sachs Treasury Obligation Money Market $ 5,371,948 5,371,948

1999 PDP DEBT SERVICE FUND (Restricted): Federated Treasury Cash Series II $ 2,917,869 2,917,869

2012 PDP DEBT SERVICE FUND (Restricted): Goldman Sachs Treasury Obligation Money Market $ 6,968,679 6,968,679

2013 DEBT SERVICE FUND (Restricted): Goldman Sachs Treasury Obligation Money Market $ 11,936,736 11,936,7361998B BOND RESERVE FUND (Restricted): Goldman Sachs Treasury Obligation Money Market $ 110,558,365 110,558,365

Santander UK PLC Paper due 07/01/2019 (Includes Accrued Interest) $ 10,745,000 10,435,942 Goldman Sachs Treasury Obligation Money Market 7,513,100 7,513,101

$ 18,258,100 17,949,042

2018A DEBT SERVICE FUND (Restricted): Goldman Sachs Treasury Obligation Money Market $ 7,342,688 7,342,688

2018B DEBT SERVICE FUND (Restricted): Goldman Sachs Treasury Obligation Money Market $ 27,170,528 27,170,528

2018C TAXABLE DEBT SERVICE FUND (Restricted): Goldman Sachs Treasury Obligation Money Market $ 11,904,859 11,904,859

DELAWARE RIVER PORT AUTHORITYINVESTMENTS

June 30, 2019 (Unaudited)

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GENERAL FUND: Wells Fargo Securities Money Market $ 38,869,764 38,869,764 PFM Cash Reserve Money Market 79,103 79,103 UBS Investments 33,216,277 32,651,253 Morgan Stanley / Dean Witter Investment Portfolio 26,438,556 27,528,765 Swarthmore Group Investments 56,939,957 57,670,353 Haverford Trust Investments 5,707,829 5,772,721 Haverford Trust C/D 6,645,918 6,645,918 TD Bank Investment Account 30,595,384 30,595,384 Wells Fargo Capital Reserve Pay-as-You-Go Money Market 51,619,372 51,619,372 Victor Lofts Custody (Goldman Sachs Gov't Fund Institutional Shares) 476,665 476,665 US Treasury Bills Due 08/22/2019 2,770,000 2,761,832

$ 253,358,825 254,671,130

2018 REVENUE BOND PROJECT FUND: Goldman Sachs Treasury Obligation Money Market $ 119,428,736 119,428,736 TD Bank, N.A. C/D 150,000,000 150,000,000

$ 269,428,736 269,428,736

Total investments $ 741,189,504 742,192,750

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Schedule 3

6/30/2019 6/30/2018 Revenue Fund $ 95,252 $ 241,090 Maintenance Reserve Fund 96,845 69,259 1998 Port Project Fund - 2 1999 Port Project Fund 90 1,574 2001 Port Project Fund 1 2,559 2018 Revenue Bonds Project Fund 3,043,947 - 1998 Port District Debt Service Fund 39,991 19,292 1999 Port District Debt Service Fund 16,549 7,211 2010 Debt Service Fund A, B, C 132 35,806 2010 Debt Service Fund D 96 22,229 1998 Bond Reserve Fund 1,096,031 1,527,683 2012 Port Debt Service Reserve Fund 382,534 343,603 2008 Debt Service Fund 99 30,690 2013 Project Fund - 2,930 2013 Debt Service Fund 62,841 34,088 2018 Debt Service Fund 238,030 - General Fund 4,676,285 3,830,074

$ 9,748,719 $ 6,168,090

DELAWARE RIVER PORT AUTHORITYINTEREST INCOME BY FUND (Unaudited)

Period Ended

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Schedule 4

Period Ending Second Quarter6/30/2019 6/30/2018 2019 2018

BENJAMIN FRANKLIN BRIDGEOperating Revenues Bridge Tolls 52,011,271$ 51,253,841$ 27,369,031$ 27,152,887$ Other Operating Revenues 62,624 58,876 30,474 29,134 Total Operating Revenues 52,073,895 51,312,717 27,399,505 27,182,021 Operating Expenses 7,916,724 7,794,057 3,920,433 3,902,262 Net Operating Income 44,157,171 43,518,660 23,479,072 23,279,759

WALT WHITMAN BRIDGEOperating Revenues Bridge Tolls 61,166,151 61,117,616 32,573,517 32,715,453 Other Operating Revenues 8,310 3,898 6,472 2,310 Total Operating Revenues 61,174,461 61,121,514 32,579,989 32,717,763 Operating Expenses 8,684,336 8,856,228 4,202,581 4,417,604 Net Operating Income 52,490,125 52,265,286 28,377,408 28,300,159

COMMODORE BARRY BRIDGEOperating Revenues Bridge Tolls 27,446,067 28,126,030 14,698,268 15,140,965 Other Operating Revenues 759 343 358 343 Total Operating Revenues 27,446,826 28,126,373 14,698,626 15,141,308 Operating Expenses 3,505,268 3,329,591 1,707,494 1,703,339 Net Operating Income 23,941,558 24,796,782 12,991,132 13,437,969

BETSY ROSS BRIDGEOperating Revenues Bridge Tolls 20,747,505 22,838,149 10,720,826 11,874,727 Other Operating Revenues 755 338 334 334 Total Operating Revenues 20,748,260 22,838,487 10,721,160 11,875,061 Operating Expenses 3,474,557 3,796,932 1,627,864 1,861,517 Net Operating Income 17,273,703 19,041,555 9,093,296 10,013,544

COMBINED TOTALSOperating Revenues: Bridge Tolls 161,370,994$ 163,335,635$ 85,361,642$ 86,884,032$ Other 72,448 63,455 37,638 32,121 Total Operating Revenues 161,443,443 163,399,090 85,399,280 86,916,153 Operating Expenses 23,580,885 23,776,808 11,458,372 11,884,722 Net Operating Income 137,862,558$ 139,622,282$ 73,940,908$ 75,031,431$

DELAWARE RIVER PORT AUTHORITYBRIDGE REVENUES AND OPERATING EXPENSES*

FOR THE PERIODS INDICATED (Unaudited)

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Schedule 5

2019 YTD ActivityPeriod Ended (Loans and

06/30/19 12/31/18 Principal Payments)ECONOMIC DEVELOPMENT LOANS:Cooper River Boathouse 486,843$ 512,178$ (25,335)$ Camden Aquarium 12,283,150 12,501,811 (218,661) Total Loans 12,769,993$ 13,013,989$ (243,996)$

Provision for loan losses (1,344,551)$ (1,344,551)$ -$

Total Loans per Balance Sheet - Net 11,425,442$ 11,669,438$ (243,996)$

DELAWARE RIVER PORT AUTHORITYECONOMIC DEVELOPMENT ACTIVITY

FOR THE PERIOD ENDED JUNE 30, 2019 (Unaudited)

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DRPA BOARD MINUTES

of 6


BOARD MEETING

One Port Center

2 Riverside Drive

Camden, New Jersey

Wednesday, September 18, 2019

Pennsylvania CommissionersRyan Boyer, Chairman of the BoardSean Murphy (for Pennsylvania Auditor General Eugene DePasquale)Donna PowellKathryn Cerulli Joyce (for Pennsylvania Treasurer Joseph Torsella) (via telephone)Christopher LewisKathleen McGinty (via telephone)

New Jersey CommissionersJeffrey Nash, Esq., Vice Chairman of the BoardAlbert FrattaliFrank DiAntonio (via telephone)Daniel Christy (via telephone)Charles FentressAaron Nelson (for Rick Taylor)

DRPA/PATCO StaffJohn T. Hanson, Chief Executive OfficerMaria Wing, Deputy Chief Executive OfficerRaymond J. Santarelli, General Counsel and Corporate SecretaryStephen Holden, Deputy General CounselNarisa Sasitorn, Deputy General CounselRobert Hicks, Chief Operating OfficerJames White, Chief Financial OfficerOrville Parker, Manager, Budget/Financial Analysis, FinanceToni P. Brown, Chief Administrative OfficerDavid Aubrey, Inspector GeneralJohn Rink, General Manager, PATCORohan Hepkins, Assistant General Manager, PATCOMark Ciechon, Director of Finance, PATCOJack Stief, Chief, Public SafetyChristina Maroney, Director, Strategic InitiativesRichard Mosback, Director of Procurement DRPA/PATCOWilliam Shanahan, Director, Government RelationsTonyelle Cook-Artis, Manager, Government RelationsMichael Venuto, Chief Engineer

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DRPA/PATCO Staff (cont.)Larry Walton, Bridge Director, WWB & CBBVal Bradford, Bridge Director, BFB & BRBJames Simpson, Manager, Production SystemsMonica Gibbs, Assistant General CounselMike Williams, Director, Corporate CommunicationsElizabeth Saylor, Administrative Coordinator, Corporate Secretary, OGCKatherine Hilinski, Records ManagerDawn Whiton, Executive Assistant of the CEOBarbara Wagner, Executive Assistant of the CEO

Others PresentCraig Ambrose, Associate Counsel, New Jersey Governor’s Authorities UnitNedia Ralston, Director Governor’s Southeast Regional Office (via telephone)Allen Kessler, Esq., Duane Morris, LLP (Pennsylvania Counsel)Christopher Gibson, Esq. (New Jersey Counsel)Linda Hallowell, Wells Fargo BankJon Livingston, Jacobs Engineering GroupAlan Becker, Citizens’ Advisory Committee

OPEN SESSION

NoticeThe Corporate Secretary announced that pursuant to its by-laws public notice of this meeting ofthe DRPA Board of Commissioners had been given by posting proper notice in the lobby at OnePort Center and by issuing proper notice to the public and news media.

Roll CallChairman Boyer called the meeting to order at 9:02 a.m. and asked that the Corporate Secretarycall the roll. The following Commissioners were present, constituting a quorum: ChairmanBoyer, Vice Chairman Nash, Powell, Frattali, Christy, Perryman, Fentress, Murphy, DiAntonio,Joyce, McGinty, and Lewis.

Public CommentThere was no public comment.

Report of the Chief Executive OfficerCEO Hanson stated that the CEO Report stood as previously submitted.

Commissioner Fentress moved to approve the CEO’s Report and Commissioner Frattali secondedthe motion. All Commissioners in attendance voted to approve the CEO’s Report. The motioncarried.

Report of the Chief Financial OfficerCFO White stated that his report stood as previously submitted. He noted that the Authority hasstarted the 2020 budget process and the Board will be receiving updates on the process in upcoming

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meetings. Chairman Boyer inquired if there has been changes to traffic in the summer months withrespect to toll revenue. Mr. White responded that typically in the summer months revenues go up;however, due to construction at the Commodore Barry and Betsy Ross Bridges in the I-95corridors, we experienced a decline in commercial and passenger traffic. A survey was completedat the request of Vice Chairman Nash and the Authority is the only organization in the tri-statearea that experienced a decline in traffic revenue. Other organizations have increases in revenue at0.5 to 1.0%.

Approval of the August 21, 2019 DRPA Board Meeting MinutesChairman Boyer stated that the Minutes of the August 21, 2019 DRPA Board Meeting had beenpreviously provided to the Governors of New Jersey and Pennsylvania and to the DRPACommissioners. Mr. Santarelli noted one correction to the minutes, on page 4: Barbara Holcombwas nominated for, not awarded, the WTS award. Commissioner Frattali moved to approve theMinutes, as amended, and Commissioner Fentress seconded the motion. All other Commissionersin attendance voted in the affirmative to approve the Minutes as amended. The motion carried.

Receipt and Filing of the Previously Approved List of Payments Covering the Month ofAugust 2019 and the List of Previously Approved Purchase Orders and Contracts Coveringthe Month of August 2019Chairman Boyer stated that the Monthly List of Payments covering the month of August 2019 andthe Monthly List of Purchase Orders and Contracts covering the month of August 2019 werepreviously provided to all Commissioners. Commissioner Powell moved to receive and file thelists and Commissioner Frattali seconded the motion. There were no questions or comments. AllCommissioners in attendance voted in the affirmative. The motion carried.

Approval of Operations & Maintenance Committee Meeting Minutes of September 10, 2019Chairman Boyer stated that the Minutes of the September 10, 2019 Operations & MaintenanceCommittee Meeting were previously provided to all Commissioners. There were no comments orcorrections. Commissioner Fentress moved to approve the Minutes and Commissioner Frattaliseconded the motion. All Commissioners in attendance voted in the affirmative to approve theMinutes as submitted. The motion carried.

Adoption of Resolutions Approved by the Operations & Maintenance Committee onSeptember 10, 2019Chairman Boyer stated that there were four (4) Resolutions from the September 10, 2019Operations & Maintenance Committee Meeting for consideration:

DRPA-19-085 Contract No. CB-37-2018, Commodore Barry Bridge –Bridge Deck Repairs.

DRPA-19-086 Contract Monitoring Services for Contract No. CB-37-2018, Commodore Barry Bridge – Bridge Deck Repairs.

Chairman Boyer called on Chief Engineer Venuto to present Resolution Nos. DRPA 19-085 andDRPA 19-086. Commissioner Fentress moved to approve Resolutions DRPA-19-085 and DRPA-19-086 and Commissioner Frattali seconded the motion. There were no questions or comments.All Commissioners in attendance voted to approve the motion.

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DRPA-19-087 Maintenance Contract for Andover Traffic Control andHVAC Systems for DRPA Bridge Facilities.

Chairman Boyer called on Bridge Director Bradford to present Resolution No. 19-087.Commissioner Frattali moved to approve both Resolution DRPA-19-087 and CommissionerPowell seconded the motion. There were no questions or comments. All Commissioners inattendance voted to approve the motion.

DRPA-19-088 Procurement of LED Lighting Fixtures for Betsy RossBridge NJ Ramp Roadway and Highmast LightingSystems.

Chairman Boyer called on Bridge Director Bradford to presented Resolution No. DRPA-19-088.Commissioner Lewis inquired if there was energy efficient lighting at all the bridges. ChairmanBoyer responded that the Sustainability Committee, headed by Vice Chairman Nash, is currentlyworking on this initiative. Mr. Hicks added that funding to further the initiative is being includedin the 2020 Budget.

Commissioner Fentress moved to approve Resolution DRPA-19-088 and Commissioner Lewisseconded the motion. There were no questions or comments. All Commissioners in attendancevoted to approve the motion.

Approval of Labor Committee Meeting Minutes of September 10, 2019Chairman Boyer stated that the Minutes of the September 10, 2019 Labor Committee Meetingwere previously provided to all Commissioners. Mr. Santarelli noted one correction to the minuteson page 2: a reference to Vice Chairman Boyer was corrected to Chairman Boyer. CommissionerFentress moved to approve the Minutes as amended, and Commissioner Frattali seconded themotion. All Commissioners in attendance voted in the affirmative to approve the Minutes asamended. The motion carried.

Adoption of Resolutions Approved by the Labor Committee on September 10, 2019Chairman Boyer stated that there were one (1) Resolution from the September 10, 2019 LaborCommittee Meeting for consideration:

DRPA-19-081 Opioid Dependency and Addiction Awareness &Resource Initiative.

Chairman Boyer called on Chief Administrative Officer Brown to present Resolution No. DRPA19-081. Commissioner Frattali moved to approve Resolution DRPA-19-081 and CommissionerFentress seconded the motion. There were no questions or comments. All Commissioners inattendance voted to approve the motion.

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Approval of Finance Committee Meeting Minutes of September 11, 2019Chairman Boyer stated that the Minutes of the September 11, 2019 Finance Committee Meetingwere previously provided to all Commissioners. There were no comments or corrections.Commissioner Frattali moved to approve the Minutes and Commissioner Fentress seconded themotion. All Commissioners in attendance voted in the affirmative to approve the Minutes assubmitted. The motion carried.

Adoption of Resolutions Approved by the Finance Committee on September 11, 2019Chairman Boyer stated that there were five (5) Resolutions from the September 11, 2019 FinanceCommittee Meeting for consideration:

DRPA-19-074 Data Security Implementation.

Chairman Boyer called on Information Systems Manager Simpson to present Resolution No.DRPA 19-074. Commissioner Lewis moved to approve Resolution DRPA-19-074 andCommissioner Frattali seconded the motion. There were no questions or comments. AllCommissioners in attendance voted to approve the motion.

DRPA-19-077 Health Benefits for Active Benefit-EligibleEmployees/Under Age 65 Retirees, and EligibleDependents – Health Benefits 2020 (DRPA/PATCO).

DRPA-19-078 Employee Dental Coverage 2020 – 2021 (DRPA/PATCO)

DRPA-19-079 Employee Dental Coverage 2020 – 2022 (DRPA/PATCO)

Chairman Boyer called on Chief Administrative Officer Brown to present Resolution Nos. DRPA19-077, DRPA 19-078 and DRPA 19-079. Commissioner Frattali moved to approve ResolutionsDRPA-19-077, DRPA-19-078 and DRPA-19-079 and Commissioner Fentress seconded themotion. There were no questions or comments. All Commissioners in attendance voted to approvethe motion.

DRPA-19-080 Temporary Consultant Resources In Support of SAPEnhanced

Chairman Boyer called on Deputy CEO Wing to present Resolution No. 19-080. CommissionerFrattali moved to approve Resolution DRPA-19-080 and Commissioner Fentress seconded themotion. There were no questions or comments. All Commissioners in attendance voted to approvethe motion.

Approval of Audit Committee Meeting Minutes of September 11, 2019Chairman Boyer stated that the Minutes of the September 11, 2019 Audit Committee Meetingwere previously provided to all Commissioners. There were no comments or corrections.Commissioner Frattali moved to approve the Minutes and Commissioner Lewis seconded the

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motion. All Commissioners in attendance voted in the affirmative to approve the Minutes assubmitted. The motion carried.

Adoption of Resolutions Approved by the Audit Committee on September 11, 2019Chairman Boyer stated that there was one (1) Resolution from the September 11, 2019 AuditCommittee Meeting for consideration:

DRPA-19-089 Selection of Independent Accounting Firm to ProvideAnnual Financial and Single Audit Services

Chairman Boyer called on Inspector General Aubrey to present Resolution No. DRPA 19-089.Commissioner Powell moved to approve Resolution DRPA-19-089 and Commissioner Frattaliseconded the motion. There were no questions or comments. All Commissioners in attendancevoted to approve the motion.

Unfinished BusinessThere was no unfinished business.

Citizens Advisory Committee ReportMr. Becker of the Citizens’ Advisory Committee reported that they had a productive meeting andthanked the Senior Staff for their attendance. Mr. Becker congratulated Ms. Brown on her abilitynegotiate the Authority’s benefit terms. He also thanked Public Safety for going above and beyond.

New BusinessChairman Boyer reported one (1) item of New Business for consideration, and introduced thefollowing:

DRPA-19-090 Consideration of Pending DRPA Contracts(Between $25,000 and $100,000)

Commissioner Fentress moved to adopt Resolution DRPA-19-090 and Commissioner Powellseconded the motion. There were no questions or comments on the Resolution. All Commissionersin attendance voted in the affirmative to adopt the Resolution. The motion carried.

AdjournmentWith no further business, Commissioner Fentress moved to adjourn the Meeting andCommissioner Powell seconded the motion. All Commissioners in attendance voted to approvethe motion and the Meeting adjourned at 9:31 a.m.


Raymond J. Santarelli, EsquireGeneral Counsel and Corporate Secretary

DRPA MONTHLY LIST OF

PREVIOUSLY APPROVED PAYMENTS

DELAWARE RIVER PORT AUTHORITYMONTHLY LIST OF PAYMENTS 9/01/19 THRU 9/30/19

MEETING DATE 10/16/2019

VENDOR NAME ITEM DESCRIPTIONRESOLUTION #/ AUTHORIZATION AMOUNT

REMINGTON & VERNICK ENGINEERS, INC. 4TH ST GARAGE CATHODIC PROTECTION D-15-019 $1,490.85 **4TH ST GARAGE CATHODIC PROTECTION TOTAL $1,490.85

DELTA DENTAL OF NEW JERSEY, INC. ACTIVE MEDICAL INSURANCE D-17-059 $27,875.77AMERIHEALTH INSURANCE COMPANY ACTIVE MEDICAL INSURANCE D-18-080 $684,115.45

ACTIVE MEDICAL INSURANCE TOTAL $711,991.22BURNS ENGINEERING, INC. ADMIN BUILDING AIR HANDLERS (2/2A/3) D-17-093 $7,478.70 **

ADMIN BUILDING AIR HANDLERS (2/2A/3) TOTAL $7,478.70CANON FINANCIAL SERVICES, INC AUTHORITY WIDE COPIERS & PRINTERS D-16-083 $11,628.84 **

AUTHORITY WIDE COPIERS & PRINTERS TOTAL $11,628.84LINDSAY TRANSPORTATION SOLUTIONS AUTO ACCESSORIES 25KTHRES $1,892.46MULTIFACET, INC. AUTO ACCESSORIES 25KTHRES $523.50TRAFFIX DEVICES, INC. AUTO ACCESSORIES 25KTHRES $31,693.02 ***

AUTO ACCESSORIES TOTAL $34,108.98H.A. DEHART & SON, INC. AUTO/RELATED TRANSPORTATION 25KTHRES $6,758.35

AUTO/RELATED TRANSPORTATION TOTAL $6,758.35VITETTA GROUP INC. BFB MASONRY REHABILITATION D-18-002 $12,670.52 **

BFB MASONRY REHABILITATION TOTAL $12,670.52SIGNAL-TECHNOLOGIES BFB TOLL LANE INDICATOR LIGHTS D-19-047 $43,461.21 **

BFB TOLL LANE INDICATOR LIGHTS TOTAL $43,461.21BANK OF NEW YORK - MELLON BOND SERVICE BOND RESOLUTIONS $478,226.22TD BANK, N.A. BOND SERVICE BOND RESOLUTIONS $10,495,000.00

BOND SERVICE TOTAL $10,973,226.22AECOM TECHNICAL SERVICES, INC. BRB MAINTENANCE PAINTING D-15-146 $3,491.93 **STV INCORPORATED BRB MAINTENANCE PAINTING D-17-066 $43,460.70 **

BRB MAINTENANCE PAINTING TOTAL $46,952.63QI YE BRIDGE DECK RESURFACING AND DECK D-17-093 $5,204.03 **WSP USA BRIDGE DECK RESURFACING AND DECK D-18-084 $13,016.34 **

BRIDGE DECK RESURFACING AND DECK TOTAL $18,220.37RICHARD E. BONIFAZIO BRIDGE TOLL REVENUE 25KTHRES $101.00

BRIDGE TOLL REVENUE TOTAL $101.00LTK CONSULTING SERVICES INC CAR REHAB DESIGN D-07-019 $56,323.94 **STV INCORPORATED CAR REHAB DESIGN D-15-019 $1,073.03 **

CAR REHAB DESIGN TOTAL $57,396.97R.C. MARLAND & ASSOCIATES, INC. CBB FLEET SHOP EXHAUST FAN UPGRADES 25KTHRES $2,895.00 **

CBB FLEET SHOP EXHAUST FAN UPGRADES TOTAL $2,895.00DENIS J. MORAN CDL LICENSE FEES 25KTHRES $44.00JAMES E. GNANG CDL LICENSE FEES 25KTHRES $44.00WILLIAM SUTHERLAND CDL LICENSE FEES 25KTHRES $68.00

CDL LICENSE FEES TOTAL $156.00THOMSON REUTERS- WEST COMPUTER SOFTWARE 25KTHRES $781.28

COMPUTER SOFTWARE TOTAL $781.28TRI-COUNTY TERMITE & PEST CONTROL, CONTRACT SERVICE EXPENSE 25KTHRES $390.00JAMES NOTTINGHAM CONTRACT SERVICE EXPENSE D-17-073 $2,750.00NORTHEAST WORK & SAFETY BOATS LLC CONTRACT SERVICE EXPENSE D-17-117 $21,450.26LEXISNEXIS A DIVISION OF RELX INC CONTRACT SERVICE EXPENSE D-18-079 $952.00TACTICAL PUBLIC SAFETY LLC CONTRACT SERVICE EXPENSE D-19-019 $254,966.34

CONTRACT SERVICE EXPENSE TOTAL $280,508.60LAZ PARKING-MID-ATLANTIC LLC CONTRACTED P/T TOLL COLLECTORS D-17-012 $52,992.22

CONTRACTED P/T TOLL COLLECTORS TOTAL $52,992.22CONDUENT BUSINESS SERVICES LLC CONTRACTORS - EZP VPC D-04-031 $35,400.95

CONTRACTORS - EZP VPC TOTAL $35,400.95CONDUENT BUSINESS SERVICES LLC CONTRACTORS - EZP WALK IN CSC D-15-120 $43,238.05

CONTRACTORS - EZP WALK IN CSC TOTAL $43,238.05CANON FINANCIAL SERVICES INC COPIER EXPENSE D-16-083 $278.00

COPIER EXPENSE TOTAL $278.00TEAM CLEAN, INC CUSTODIAL SERVICES D-16-120 $44,401.68

CUSTODIAL SERVICES TOTAL $44,401.68EPLUS TECHNOLOGY, INC DATA PROC SRVS 25KTHRES $23,416.45

DATA PROC SRVS TOTAL $23,416.45HNTB CORPORATION DECK CONDITION ASSESSMENT D-17-093 $4,159.13 **KS ENGINEERS, P.C. DECK CONDITION ASSESSMENT D-17-093 $17,447.21 **

DECK CONDITION ASSESSMENT TOTAL $21,606.34KS ENGINEERS, P.C. DELEADING AND REPAINTING D-16-087 $291,476.55 **CORCON, INC. DELEADING AND REPAINTING D-18-010 $804,417.00 **ELITE ELEVATOR SERVICES LLC DELEADING AND REPAINTING D-18-091 $27,825.00 **ELLIOTT GREENLEAF & SIEDZIKOWSKI PC DELEADING AND REPAINTING D-19-030 $8,201.55 **

DELEADING AND REPAINTING TOTAL $1,131,920.10RIGGINS INC DIESEL FUEL D-18-063 $6,273.02

DIESEL FUEL TOTAL $6,273.02ARORA SYSTEMS GROUP, LLC DRPA LINDENWOLD WATER DISTRIB SYSTEM D-18-030 $5,857.62 **

DRPA LINDENWOLD WATER DISTRIB SYSTEM TOTAL $5,857.62REMINGTON & VERNICK ENGINEERS, INC. DRPA WOODCREST PARKING LOT D-19-049 $79,249.41 **

** Capital Expenditure*** Multiple Invoices Page 1 of 6




DRPA WOODCREST PARKING LOT TOTAL $79,249.41ATLANTIC CITY ELECTRIC ELECTRICITY EXPENSE UTILITY $14,069.45PECO - PAYMENT PROCESSING ELECTRICITY EXPENSE UTILITY $26,358.71PSE&G CO. ELECTRICITY EXPENSE UTILITY $23,947.94

ELECTRICITY EXPENSE TOTAL $64,376.10ELITE ELEVATOR SERVICES LLC ELEVATOR MAINTENANCE D-18-114 $8,124.00

ELEVATOR MAINTENANCE TOTAL $8,124.00REMINGTON & VERNICK ENGINEERS, INC. ELEVATOR REPLACEMENT D-18-048 $106,257.39 **

ELEVATOR REPLACEMENT TOTAL $106,257.39A.P. CONSTRUCTION, INC. ELEVATORS REMAINING STATIONS D-17-046 $627,824.84 **

ELEVATORS REMAINING STATIONS TOTAL $627,824.84BROWN & CONNERY LLP EMBANKMENT RESTORATION D-19-030 $825.00 **

EMBANKMENT RESTORATION TOTAL $825.00VISION BENEFITS OF AMERICA EMPLOYEE VISION INSURANCE D-17-059 $2,955.80

EMPLOYEE VISION INSURANCE TOTAL $2,955.80BATTA ENVIRONMENTAL ASSOCIATES, INC ENGINEERING SERVICES D-17-093 $12,670.75HNTB CORPORATION ENGINEERING SERVICES D-17-093 $38,395.11JACOBS ENGINEERING GROUP INC ENGINEERING SERVICES D-17-093 $74,027.29MICHAEL BAKER INTERNATIONAL ENGINEERING SERVICES D-17-093 $12,427.38PENNONI ASSOCIATES INC. ENGINEERING SERVICES D-17-093 $14,071.35AECOM TECHNICAL SERVICES, INC. ENGINEERING SERVICES D-18-084 $44,578.05

ENGINEERING SERVICES TOTAL $196,169.93ACE PLUMBING & ELECTRICAL SUPPLIES EQUIPMENT & TOOLS 25KTHRES $136.42ANA SOURCING LLC EQUIPMENT & TOOLS 25KTHRES $2,044.76ARAMSCO, INC. EQUIPMENT & TOOLS 25KTHRES $6,316.67ARBILL INDUSTRIES INC EQUIPMENT & TOOLS 25KTHRES $744.60BDF CHEMICAL CO INC EQUIPMENT & TOOLS 25KTHRES $170.00BILLOWS ELEC SUPPLY CO I NC EQUIPMENT & TOOLS 25KTHRES $10,367.18GLOBAL EQUIPMENT CO, INC EQUIPMENT & TOOLS 25KTHRES $918.63GRAINGER EQUIPMENT & TOOLS 25KTHRES $421.68LOU BO CORP EQUIPMENT & TOOLS 25KTHRES $1,304.94MPS COMMUNICATIONS GRAPHICS, INC. EQUIPMENT & TOOLS 25KTHRES $2,259.00MUNICIPAL EMERGENCY SERVICES EQUIPMENT & TOOLS 25KTHRES $661.59OXYGEN SUPPORT SYSTEMS, INC. EQUIPMENT & TOOLS 25KTHRES $381.80PEMBERTON ELECTRICAL SUPPLY COMPANY EQUIPMENT & TOOLS 25KTHRES $1,263.90SUPREME SAFETY, INC EQUIPMENT & TOOLS 25KTHRES $722.00THOMAS J MORRIS JR EQUIPMENT & TOOLS 25KTHRES $3,167.54TRISTATE INDUSTRIAL DISTRIBUTORS EQUIPMENT & TOOLS 25KTHRES $1,339.87TRI-M GROUP LLC EQUIPMENT & TOOLS D-18-088 $12,745.00TACTICAL PUBLIC SAFETY LLC EQUIPMENT & TOOLS D-18-115 $16,872.27

EQUIPMENT & TOOLS TOTAL $61,837.85UNITED RENTALS (N. AMERICA), INC. EQUIPMENT RENTALS D-19-042 $13,603.50N.E. BRIDGE CONTRACTORS EQUIPMENT RENTALS D-19-052 $108,337.50

EQUIPMENT RENTALS TOTAL $121,941.00NJ E-ZPASS E-ZPASS CREDIT CARD FEES D-15-120 $863,551.70AMERICAN EXPRESS E-ZPASS CREDIT CARD FEES D-04-031 $26.09PAYMENTECH E-ZPASS CREDIT CARD FEES D-04-031 $691.43

E-ZPASS CREDIT CARD FEES TOTAL $864,269.22CONDUENT BUSINESS SERVICES LLC E-ZPASS TRANSPONDERS - MARK IV - 2019 D-16-125 $51,489.78 **

E-ZPASS TRANSPONDERS - MARK IV - 2019 TOTAL $51,489.78H.A. DEHART & SON, INC. F700 STAKE BODY F43997 25KTHRES $6,758.35 **INTERCON TRUCK EQUIPMENT INC F700 STAKE BODY F43997 D-19-069 $25,898.26 **

F700 STAKE BODY F43997 TOTAL $32,656.61A RIFKIN CO FARE COLLECTION EQP 25KTHRES $1,810.00

FARE COLLECTION EQP TOTAL $1,810.00WEEDS, INC. FERT/SOIL CONDITION. D-18-091 $15,700.00

FERT/SOIL CONDITION. TOTAL $15,700.00QI YE FINGER JOINT REHABILITATION D-17-093 $12,065.38 **

FINGER JOINT REHABILITATION TOTAL $12,065.38WM HARGROVE MARINA GASOLINE - UNLEADED 25KTHRES $740.74RIGGINS INC GASOLINE - UNLEADED D-18-063 $9,746.69

GASOLINE - UNLEADED TOTAL $10,487.43TRIAD ADVISORY SERVICES INC GRANT RECEIVABLES D-16-050 $2,368.00

GRANT RECEIVABLES TOTAL $2,368.00SYMETRA LIFE INSURANCE COMP. GROUP LIFE & ACCIDENT INSURANCE D-17-074 $113,747.59

GROUP LIFE & ACCIDENT INSURANCE TOTAL $113,747.59PHILADELPHIA GAS WORKS HEATING EXPENSE UTILITY $794.61PSE&G CO. HEATING EXPENSE UTILITY $444.93SOUTH JERSEY GAS COMPANY HEATING EXPENSE UTILITY $205.86

HEATING EXPENSE TOTAL $1,445.40PORT AUTHORITY TRANSIT CORPORATION INTERCOMPAY TRANSFERS NONE $1,507,826.18

INTERCOMPAY TRANSFERS TOTAL $1,507,826.18





PORT AUTHORITY TRANSIT CORPORATION INTERCOMPAY TRANSFERS CAPITAL NONE $585,561.87 **INTERCOMPAY TRANSFERS CAPITAL TOTAL $585,561.87

IUOE 542 BENEFIT FUNDS IUOE HEALTH & WELFARE D-18-135 $426,626.00IUOE HEALTH & WELFARE TOTAL $426,626.00

DANIEL J. COSGROVE JOB CERTIFICATIONS & LICENSES 25KTHRES $100.00MICHAEL P. HOWARD JOB CERTIFICATIONS & LICENSES 25KTHRES $100.00NICOLE C. OCHROCH JOB CERTIFICATIONS & LICENSES 25KTHRES $100.00

JOB CERTIFICATIONS & LICENSES TOTAL $300.00BURNS ENGINEERING, INC. LINDENWOLD YARD TRACK REHAB D-11-094 $456.12 **HNTB CORPORATION LINDENWOLD YARD TRACK REHAB D-16-111 $283,934.53 **RAILROAD CONSTRUCTION COMPANY LINDENWOLD YARD TRACK REHAB D-17-038 $1,208,949.26 **

LINDENWOLD YARD TRACK REHAB TOTAL $1,493,339.91REMINGTON & VERNICK ENGINEERS, INC. MAINT. BLDG. BOILER REPLACEMENT D-17-093 $59,854.04 **

MAINT. BLDG. BOILER REPLACEMENT TOTAL $59,854.04TRANSCORE LP MAINT. FEE - TOLL COLLECTION EQUIP D-15-011 $71,777.00

MAINT. FEE - TOLL COLLECTION EQUIP TOTAL $71,777.00ANDREOTTI'S CATERING, LLC MEETING EXPENSES 25KTHRES $1,561.96DAWN B. WHITON MEETING EXPENSES 25KTHRES $171.40EASTERN MINORITY SUPPLIER MEETING EXPENSES 25KTHRES $1,500.00JOHN T. HANSON MEETING EXPENSES 25KTHRES $39.44MR HAROLD W. NEIL MEETING EXPENSES 25KTHRES $22.49

MEETING EXPENSES TOTAL $3,295.29AMERICAN SOCIETY OF CIVIL ENGINEERS MEMBERSHIPS & SUBSCRIPTIONS 25KTHRES $270.00DIRECTV MEMBERSHIPS & SUBSCRIPTIONS 25KTHRES $21.00

MEMBERSHIPS & SUBSCRIPTIONS TOTAL $291.00AUTO SUPERWASH INC MISCELLANEOUS SUPPLIES 25KTHRES $315.00DISANTO PROPANE MISCELLANEOUS SUPPLIES 25KTHRES $21.00EMERGI-CLEAN INC MISCELLANEOUS SUPPLIES 25KTHRES $285.00JAMES NEWELL MISCELLANEOUS SUPPLIES 25KTHRES $70.00ONE CALL CONCEPTS, INC. MISCELLANEOUS SUPPLIES 25KTHRES $55.76PENNSYLVANIA ONE CALL SYSTEM, INC. MISCELLANEOUS SUPPLIES 25KTHRES $207.10SAFETY-KLEEN CORPORATION MISCELLANEOUS SUPPLIES 25KTHRES $435.00SOUTH JERSEY WELDING SUPPLY CO MISCELLANEOUS SUPPLIES 25KTHRES $542.50UNITED SITE SERVICES MISCELLANEOUS SUPPLIES 25KTHRES $182.00

MISCELLANEOUS SUPPLIES TOTAL $2,113.36TD BANK, N.A. NET PAYROLL NONE $36,052.97WELLS FARGO BANK, NA NET PAYROLL NONE $2,291,879.89

NET PAYROLL TOTAL $2,327,932.86VAN CLEEF ENGINEERING ASSOCIATES NJ APPROACH ROADWAY RESURFACING D-17-028 $7,057.19 **

NJ APPROACH ROADWAY RESURFACING TOTAL $7,057.19CONDUENT BUSINESS SERVICES LLC NJ CSC TRANSACTIONS D-15-120 $84,770.16

NJ CSC TRANSACTIONS TOTAL $84,770.16NATIONAL UNION FIRE INS CO OF OCIP ACCRUAL D-14-052 $550.00

OCIP ACCRUAL TOTAL $550.00W.B. MASON CO. INC OFFICE SUPPLIES D-17-085 $2,570.07

OFFICE SUPPLIES TOTAL $2,570.07INTERCON TRUCK EQUIPMENT INC OFF-ROAD CRANE D-19-053 $83,070.00 **

OFF-ROAD CRANE TOTAL $83,070.00MCCORMICK TAYLOR, INC. OPC BUILDING RENOVATIONS D-17-093 $55,171.60 **

OPC BUILDING RENOVATIONS TOTAL $55,171.60ELERTS CORPORATION OTHER GRANT RECEIVABLES D-18-020 $349,137.00

OTHER GRANT RECEIVABLES TOTAL $349,137.00DELL MARKETING L.P. OTHER MISC. EQUIPMENT 25KTHRES $1,227.03GRAYBAR ELECTRIC CO INC OTHER MISC. EQUIPMENT 25KTHRES $665.07

OTHER MISC. EQUIPMENT TOTAL $1,892.10TRISTATE INDUSTRIAL DISTRIBUTORS PAINTING EQP/ACCESS 25KTHRES $247.50

PAINTING EQP/ACCESS TOTAL $247.50PAPER MART INC PAPER OFFCE/PRT SHOP D-18-121 $918.50

PAPER OFFCE/PRT SHOP TOTAL $918.50TURNER SURETY & INSURANCE BROKERAGE PATCO INSURANCE D-18-054 $21,455.93

PATCO INSURANCE TOTAL $21,455.93QUAL-LYNX CASUALTY CLAIM ADMINISTRATION PATCO PROFESSIONAL SERVICES D-17-017 $5,507.03

PATCO PROFESSIONAL SERVICES TOTAL $5,507.03REMINGTON & VERNICK ENGINEERS, INC. PATCO ROOF REPLACEMENT D-18-084 $861.12 **

PATCO ROOF REPLACEMENT TOTAL $861.12STV INCORPORATED PATCO STATION ENHANCEMENTS D-15-019 $963.08 **TRANSYSTEMS CORPORATION PATCO STATION ENHANCEMENTS D-18-068 $17,053.66 **

PATCO STATION ENHANCEMENTS TOTAL $18,016.74BRUCE TURNER PATROL VEHICLE 25KTHRES $4,489.50 **

PATROL VEHICLE TOTAL $4,489.50CITY OF PHILADELPHIA PAYROLL TAXES NONE $38,911.58CITY OF WILMINGTON PAYROLL TAXES NONE $191.46





INTERNAL REVENUE SERVICE PAYROLL TAXES NONE $935,363.07PA DEPT OF REVENUE PAYROLL TAXES NONE $32,487.83TREASURER - STATE OF NEW JERSEY PAYROLL TAXES NONE $88,177.49

PAYROLL TAXES TOTAL $1,095,131.43PNC BANK P-CARD P-CARD PURCHASES 25KTHRES $117,302.23

P-CARD PURCHASES TOTAL $117,302.23PA STATE EMPLOYEES RETIREMENT SYSTEM PENSION - PA SERS NONE $3,768,698.48

PENSION - PA SERS TOTAL $3,768,698.48REMINGTON & VERNICK ENGINEERS, INC. PHILADELPHIA ADA RAMPS D-17-093 $15,408.97 **

PHILADELPHIA ADA RAMPS TOTAL $15,408.97UNITED PARCEL SERVICE (UPS) POSTAGE EXPENSES 25KTHRES $146.94

POSTAGE EXPENSES TOTAL $146.94IMX MEDICAL MANAGEMENT SVCS INC PROFESSIONAL FEES 25KTHRES $6,410.00

PROFESSIONAL FEES TOTAL $6,410.00BENEFIT HARBOR LP PROFESSIONAL FEES - CONSULTING D-17-077 $3,660.48AQUARIUS CAPITAL SOLUTIONS GROUP LL PROFESSIONAL FEES - CONSULTING 25KTHRES $7,000.00

PROFESSIONAL FEES - CONSULTING TOTAL $10,660.48TURNER SURETY & INSURANCE BROKERAGE PROFESSIONAL FEES - INS BROKERS D-18-054 $20,448.45TURNER SURETY & INSURANCE BROKERAGE PROFESSIONAL FEES - INS BROKERS D-18-055 $28,346.87

PROFESSIONAL FEES - INS BROKERS TOTAL $48,795.32DUANE MORRIS LLP PROFESSIONAL FEES - LEGAL COSTS D-17-086 $13,165.00PARKER MCCAY PA PROFESSIONAL FEES - LEGAL COSTS D-17-086 $957.50ARCHER & GREINER PROFESSIONAL FEES - LEGAL COSTS D-19-030 $1,457.40BROWN & CONNERY LLP PROFESSIONAL FEES - LEGAL COSTS D-19-030 $1,085.64DILWORTH PAXSON LLP PROFESSIONAL FEES - LEGAL COSTS D-19-030 $4,409.97DUANE MORRIS LLP PROFESSIONAL FEES - LEGAL COSTS D-19-030 $3,740.00MONTGOMERY MCCRACKEN WALKER PROFESSIONAL FEES - LEGAL COSTS D-19-030 $687.50ZELLER & WIELICZKO, LLP PROFESSIONAL FEES - LEGAL COSTS D-19-030 $5,123.18

PROFESSIONAL FEES - LEGAL COSTS TOTAL $30,626.19INTERSTATE MOBILE CARE, INC. PROFESSIONAL FEES - MEDICAL P-18-004 $3,814.00

PROFESSIONAL FEES - MEDICAL TOTAL $3,814.00JENNIFER KELLY PROFESSIONAL SERVICES 25KTHRES $550.00QUAL-LYNX CASUALTY CLAIM PROFESSIONAL SERVICES D-17-017 $9,392.41

PROFESSIONAL SERVICES TOTAL $9,942.41CONFIDENTIAL LEGAL SETTLEMENT PUBLIC LIABILITY RESERVE NONE $25,000.00

PUBLIC LIABILITY RESERVE TOTAL $25,000.00WSP USA RAMP AC AND BC JOINT REHABILITATION D-15-019 $3,842.63 **DRISCOLL CONSTRUCTION CO INC RAMP AC AND BC JOINT REHABILITATION D-18-067 $70,940.02 **

RAMP AC AND BC JOINT REHABILITATION TOTAL $74,782.65IRON MOUNTAIN INCORPORATED RECORDS MANAGEMENT FEES D-17-035 $3,919.55

RECORDS MANAGEMENT FEES TOTAL $3,919.55AECOM TECHNICAL SERVICES, INC. RENEWABLE ENERGY INTEGRATION D-17-093 $37,562.49 **SYSTRA CONSULTING, INC. RENEWABLE ENERGY INTEGRATION D-17-093 $9,414.61 **

RENEWABLE ENERGY INTEGRATION TOTAL $46,977.10BURNS ENGINEERING, INC. REOPENING FRANKLIN SQUARE D-17-069 $85,869.06 **DUANE MORRIS LLP REOPENING FRANKLIN SQUARE D-17-086 $1,785.00 **

REOPENING FRANKLIN SQUARE TOTAL $87,654.06TOZOUR ENERGY SYSTEMS, INC. REPAIR PARTS - HEATING / AC D-18-091 $5,144.00

REPAIR PARTS - HEATING / AC TOTAL $5,144.00AIRCON FILTER MFG. CO., INC. REPAIR PARTS - OTHER EQUIPMENT 25KTHRES $1,000.00

REPAIR PARTS - OTHER EQUIPMENT TOTAL $1,000.00CERTIFIED SPEEDOMETER SERVICE REPAIRS AND MAINTENANCE 25KTHRES $759.00

REPAIRS AND MAINTENANCE TOTAL $759.00DRAEGER INC REPAIRS AND MAINTENANCE - OTHER 25KTHRES $179.00

REPAIRS AND MAINTENANCE - OTHER TOTAL $179.00KS ENGINEERS, P.C. REPLACE BRB & CBB FIBER D-17-100 $20,695.44 **

REPLACE BRB & CBB FIBER TOTAL $20,695.44AMERIHEALTH INSURANCE COMPANY RETIREE MEDICAL INSURANCE D-18-080 $233,644.48UNITED HEALTHCARE RETIREE MEDICAL INSURANCE D-18-119 $123,497.64

RETIREE MEDICAL INSURANCE TOTAL $357,142.12HORIZON BLUE CROSS BLUE SHIELD RETIREE MEDICAL PRESCRIPTION INSURANCE D-18-108 $35,279.33

RETIREE MEDICAL PRESCRIPTION INSURANCE TOTAL $35,279.33ATLANTIC SALT INC SALT-SODIUM CHLORIDE D-18-076 $18,194.63

SALT-SODIUM CHLORIDE TOTAL $18,194.63ISEARCH PARTNERS INC SAP ENTERPRISE RESOURCE PLANNING SYSTEM D-17-062 $9,537.46 **SAP PUBLIC SERVICES INC SAP ENTERPRISE RESOURCE PLANNING SYSTEM D-18-025 $1,048,258.72 **

SAP ENTERPRISE RESOURCE PLANNING SYSTEM TOTAL $1,057,796.18EPLUS TECHNOLOGY, INC SFP FOR WAN UPGRADE D-19-069 $59,925.00 **

SFP FOR WAN UPGRADE TOTAL $59,925.00JOHNSON, MIRMIRAN & THOMPSON, INC. SOUTH WALKWAY BIKE/PEDESTRIAN RAMP D-17-056 $5,970.15 **

SOUTH WALKWAY BIKE/PEDESTRIAN RAMP TOTAL $5,970.15WSP USA SPACE UTILIZATION RECONFIGURE/IMPLEMENT D-19-003 $16,945.69 **





SPACE UTILIZATION RECONFIGURE/IMPLEMENT TOTAL $16,945.69CUSTOMER COMMUNICATOR SPECIAL EVENTS 25KTHRES $250.00KAWANZA N. THURSTON SPECIAL EVENTS 25KTHRES $21.00

SPECIAL EVENTS TOTAL $271.00MODJESKI AND MASTERS, INC. STRUCTURAL REHABILITATION-PHASE II D-16-001 $11,671.68 **

STRUCTURAL REHABILITATION-PHASE II TOTAL $11,671.68BUCHART HORN, INC. SUBWAY STRUCTURE RENOVATION D-15-019 $2,722.53 **

SUBWAY STRUCTURE RENOVATION TOTAL $2,722.53THORNTON TOMASETTI, INC. SUSPENSION CABLE INSPECT/DESIGN D-16-022 $21,776.40 **

SUSPENSION CABLE INSPECT/DESIGN TOTAL $21,776.40HNTB CORPORATION SUSPENSION SPANS REHABILITATION D-17-093 $28,408.54 **

SUSPENSION SPANS REHABILITATION TOTAL $28,408.54H.A. DEHART & SON, INC. SWAP LOADER BODY 432 D-19-042 $11,188.72 **INTERCON TRUCK EQUIPMENT INC SWAP LOADER BODY 432 D-19-069 $12,949.13 **

SWAP LOADER BODY 432 TOTAL $24,137.85INTERCON TRUCK EQUIPMENT INC SWAP LOADER BODY 64397 D-19-069 $38,847.39 **

SWAP LOADER BODY 64397 TOTAL $38,847.39H.A. DEHART & SON, INC. SWAP LOADER BODY 836 25KTHRES $6,758.35 **

SWAP LOADER BODY 836 TOTAL $6,758.35BENTLEY SYSTEMS, INC. TECHNOLOGY EXPENSE 25KTHRES $276.00EPLUS TECHNOLOGY, INC TECHNOLOGY EXPENSE 25KTHRES $16,879.12SCHNEIDER ELECTRIC BUILDINGS AMERICA TECHNOLOGY EXPENSE 25KTHRES $7,854.40ZAYO GROUP HOLDINGS INC TECHNOLOGY EXPENSE D-16-086 $1,636.00SHI INTERNATIONAL CORP TECHNOLOGY EXPENSE D-18-045 $267,561.91EPLUS TECHNOLOGY, INC TECHNOLOGY EXPENSE D-19-042 $99,997.68JOHNSON CONTROLS FIRE PROTECTION LP TECHNOLOGY EXPENSE D-19-061 $36,000.00

TECHNOLOGY EXPENSE TOTAL $430,205.11SAP NATIONAL SECURITY SERVICES INC TECHNOLOGY SERVICE CONTRACTS D-18-024 $222,152.18SAP PUBLIC SERVICES INC TECHNOLOGY SERVICE CONTRACTS D-18-024 $23,757.50

TECHNOLOGY SERVICE CONTRACTS TOTAL $245,909.68VERIZON CONNECT NWF INC TELEPHONE & TELECOM EXPENSE D-19-018 $4,640.35VERIZON TELEPHONE & TELECOM EXPENSE UTILITY $8,990.00VERIZON WIRELESS TELEPHONE & TELECOM EXPENSE UTILITY $13,894.93

TELEPHONE & TELECOM EXPENSE TOTAL $27,525.28ACCOUNTANTS FOR YOU, INC TEMPORARY SERVICES D-17-062 $17,316.90ISEARCH PARTNERS INC TEMPORARY SERVICES D-17-062 $4,028.51

TEMPORARY SERVICES TOTAL $21,345.41REMINGTON & VERNICK ENGINEERS, INC. TOLL BOOTH HVAC SYSTEM REPLACEMENT D-15-019 $4,115.58 **

TOLL BOOTH HVAC SYSTEM REPLACEMENT TOTAL $4,115.58IBI GROUP PROFESSIONAL SERVICES USA TOLL TECHNOLOGY DESIGN - PHASE 1 D-18-125 $22,651.07 **

TOLL TECHNOLOGY DESIGN - PHASE 1 TOTAL $22,651.07TRI-M GROUP LLC TRAFFIC CTRL DEVICES D-18-088 $17,618.00

TRAFFIC CTRL DEVICES TOTAL $17,618.00NJ CRIMINAL INTERDICTION LLC TRAINING COURSE FEES 25KTHRES $199.00

TRAINING COURSE FEES TOTAL $199.00CAMDEN COUNTY COLLEGE TRAINING REGISTRATION FEES 25KTHRES $3,000.00

TRAINING REGISTRATION FEES TOTAL $3,000.00ABDI A. DABA TRAINING TRAVEL COSTS 25KTHRES $24.36DARCIE A. DEBEAUMONT TRAINING TRAVEL COSTS 25KTHRES $15.61MR JOSEPH K. ADAMS III TRAINING TRAVEL COSTS 25KTHRES $570.50VIVIANA L. NARANJO TRAINING TRAVEL COSTS 25KTHRES $100.92

TRAINING TRAVEL COSTS TOTAL $711.39WASTE MANAGEMENT OF NEW JERSEY TRASH REMOVAL D-18-064 $3,675.68WASTE MANAGEMENT OF PA INC TRASH REMOVAL D-18-064 $534.10

TRASH REMOVAL TOTAL $4,209.78ANN DUVALL TRAVEL EXPENSES 25KTHRES $93.00ANTHONY S. FAVAZZA TRAVEL EXPENSES 25KTHRES $11.60ANWAR N. SABREE TRAVEL EXPENSES 25KTHRES $3.48AQUILA D. TILLMAN-MUHAMMAD TRAVEL EXPENSES 25KTHRES $3.48BARBARA HOLCOMB TRAVEL EXPENSES 25KTHRES $41.78ERIN M. WATTERSON TRAVEL EXPENSES 25KTHRES $124.80EVELYN MALDONADO TRAVEL EXPENSES 25KTHRES $9.28GAIL POLK TRAVEL EXPENSES 25KTHRES $36.54GERALD FABER TRAVEL EXPENSES 25KTHRES $12.80JACK J. PEFFER TRAVEL EXPENSES 25KTHRES $8.72JANET D. ROMANI TRAVEL EXPENSES 25KTHRES $15.66JOHN A. CUJDIK TRAVEL EXPENSES 25KTHRES $23.78JOHN T. HANSON TRAVEL EXPENSES 25KTHRES $25.05KAREN L. CYPHERS TRAVEL EXPENSES 25KTHRES $32.48KELLIE A. BELLINA TRAVEL EXPENSES 25KTHRES $36.12KIMBERLY A. MARCHELLINO TRAVEL EXPENSES 25KTHRES $8.12MICHAEL D. MARCHAND TRAVEL EXPENSES 25KTHRES $11.60





MICHAEL S. PELLEGRINO TRAVEL EXPENSES 25KTHRES $24.36NATASHA A. IOCONO TRAVEL EXPENSES 25KTHRES $60.32NICOLE D. AULETTO TRAVEL EXPENSES 25KTHRES $4.06NYDIA ROSARIO TRAVEL EXPENSES 25KTHRES $79.63RICHARD BETTS TRAVEL EXPENSES 25KTHRES $52.20ROBERT P. HICKS JR TRAVEL EXPENSES 25KTHRES $142.40RONALD M. KELLY TRAVEL EXPENSES 25KTHRES $132.82SABRINA M. SPEI TRAVEL EXPENSES 25KTHRES $11.60SEDRICK J. ROBINSON JR TRAVEL EXPENSES 25KTHRES $4.06SYVILLA A. WILLIAMS TRAVEL EXPENSES 25KTHRES $23.20TAMIKA E. ESPINO TRAVEL EXPENSES 25KTHRES $45.24TONYA M. LITTLE TRAVEL EXPENSES 25KTHRES $23.66TONYELLE K. COOK-ARTIS TRAVEL EXPENSES 25KTHRES $36.15VIJAY R. PANDYA TRAVEL EXPENSES 25KTHRES $735.20

TRAVEL EXPENSES TOTAL $1,873.19GEORGE P. BOLLENDORF TUITION REIMBURSEMENT EXPENSE 25KTHRES $1,238.00JOHN CHECCHIO TUITION REIMBURSEMENT EXPENSE 25KTHRES $3,550.00ROBERT J. FINNEGAN TUITION REIMBURSEMENT EXPENSE 25KTHRES $1,908.00

TUITION REIMBURSEMENT EXPENSE TOTAL $6,696.00ACME UNIFORM FOR INDUSTRY UNIFORM CLEANING EXPENSE 25KTHRES $417.40

UNIFORM CLEANING EXPENSE TOTAL $417.40ALKO DISTRIBUTORS UNIFORM EXPENSE 25KTHRES $493.00KEYPORT ARMY NAVY UNIFORM EXPENSE 25KTHRES $14,115.85PNC BANK P-CARD UNIFORM EXPENSE 25KTHRES $9,085.99STAUFFER GLOVE & SAFETY UNIFORM EXPENSE 25KTHRES $4,151.45

UNIFORM EXPENSE TOTAL $27,846.29EMPLOYEE PASS THROUGH PAYMENTS UNION DUES, EMPLOYEE CONTRIBUTIONS, ETC. NONE $248,641.19

UNION DUES, EMPLOYEE CONTRIBUTIONS, ETC. TOTAL $248,641.19NAPA AUTO PARTS VEHICLE PARTS FOR REPAIRS D-19-026 $7,869.52WILLIAMS AUTO PARTS VEHICLE PARTS FOR REPAIRS D-19-026 $725.68

VEHICLE PARTS FOR REPAIRS TOTAL $8,595.20PENNONI ASSOCIATES INC. VICTOR LOFTS D-13-082 $29,930.52

VICTOR LOFTS TOTAL $29,930.52W.B. MASON CO. INC WATER & SEWER EXPENSE D-19-047 $871.36CAMDEN COUNTY MUNICIPAL UTILITIES WATER & SEWER EXPENSE UTILITY $1,936.00CITY OF CAMDEN WATER & SEWER EXPENSE UTILITY $8,509.65CITY OF PHILA WATER & SEWER EXPENSE UTILITY $1,673.46NEW JERSEY AMERICAN WATER WATER & SEWER EXPENSE UTILITY $1,821.03

WATER & SEWER EXPENSE TOTAL $14,811.50CARAHSOFT TECHNOLOGY CORPORATION WIDE AREA NETWORK SWITCH ENHANCEMENT D-19-016 $558,852.66 **

WIDE AREA NETWORK SWITCH ENHANCEMENT TOTAL $558,852.66AECOM TECHNICAL SERVICES, INC. WOODCREST STATION PLATFORM D-18-029 $5,101.93 **

WOODCREST STATION PLATFORM TOTAL $5,101.93QUAL-LYNX CASUALTY CLAIM ADMINISTRATION WORKMENS COMPENSATION D-17-017 $95,562.88

WORKMENS COMPENSATION TOTAL $95,562.88

$31,900,157.00


DRPA MONTHLY LIST

OF PREVIOUSLY APPROVED

PURCHASE ORDERS & CONTRACTS

DRPA Monthly List of Previously Approved Purchase Order Contracts ~ September 2019

Purchasing

Document

Item Document

Date

Vendor/supplying plant Material Group

Desc.

Net Order

Value

4500011205 4,747.80

4500011205 1 9/19/2019 102201 CARRIER CORPORATION HVAC 4,747.80

4500011209 493.00

4500011209 1 9/18/2019 100034 ALKO DISTRIBUTORS CLOTHING UNIFORM 200.00





4500011449 2,760.57

4500011449 1 9/6/2019 102336 B&B ROADWAY AND SECURITY SOLUTIONS MAINT/REPAIR-ELECT. 2,442.00

4500011449 2 9/6/2019 102336 B&B ROADWAY AND SECURITY SOLUTIONS MISC PROF SRVS 318.57

4500011550 5,500.00

4500011550 1 9/26/2019 100257 KASER MECHANICAL, LLC MAINT/REPAIR-PLUMB. 5,500.00

4500011579 1,580.00

4500011579 1 9/25/2019 100662 PLYMOUTH ENVIRONMENTAL COMPANY, INC ENG & ASBESTOS SRVS 1,580.00

4500011639 7,938.00

4500011639 1 9/3/2019 100525 Y-PERS, INC. CHEM/SOLV-COMMERCIAL 7,938.00

4500011640 8,317.62

4500011640 1 9/3/2019 100169 EPLUS TECHNOLOGY, INC. COMP HW/PERIPH-MICRO 3,070.39



4500011640 4 9/3/2019 100169 EPLUS TECHNOLOGY, INC. COMP HW/PERIPH-MICRO 469.88


4500011641 12,263.38

4500011641 1 9/3/2019 100411 SCHNEIDER ELECTRIC BUILDINGS AMERIC MAINT/REPAIR-BLDG 292.18

4500011641 2 9/3/2019 100411 SCHNEIDER ELECTRIC BUILDINGS AMERIC MAINT/REPAIR-BLDG 8,637.60




4500011644 7,945.00

4500011644 1 9/4/2019 101086 PREMIUM POWER SERVICES LLC MAINT/REPAIR-BLDG 7,945.00

4500011646 1,867.87

4500011646 1 9/4/2019 100837 DELL MARKETING L.P. COMP HW/PERIPH-MICRO 1,828.88

4500011646 2 9/4/2019 100837 DELL MARKETING L.P. COMP HW/PERIPH-MICRO 38.99

4500011647 19,126.64




4500011666 4,016.88

4500011666 1 9/6/2019 102527 WINDER INDUSTRIES MARINE EQP/CON SRVS 3,099.98

4500011666 2 9/6/2019 102527 WINDER INDUSTRIES MARINE EQP/CON SRVS 182.76




4500011671 1,784.00

4500011671 1 9/6/2019 101476 UNITED ELECTRIC SUPPLY CO., INC. ELEC EQP/SUPP-NO CBL 1,784.00

4500011677 3,240.00

4500011677 1 9/9/2019 100899 GOODYEAR WHOLESALE TIRE CENTERS TIRES AND TUBES 3,240.00

4500011684 3,899.14

4500011684 1 9/9/2019 100169 EPLUS TECHNOLOGY, INC. COMP ACCESS./SUPP. 148.22

4500011684 2 9/9/2019 100169 EPLUS TECHNOLOGY, INC. COMP ACCESS./SUPP. 3,750.92

4500011685 4,088.00

4500011685 1 9/9/2019 100530 SHI INTERNATIONAL CORP. DATA PROC SRVS & SW 4,088.00

4500011693 3,586.20

4500011693 1 9/10/2019 100226 HYATT'S GRAPHIC SUPPLY CO., IMNC. SIGN MAT/MAKING EQP 3,586.20

4500011695 3,493.35

4500011695 1 9/10/2019 100445 T. FRANK MCCALL'S, INC. PAINTING EQP/ACCESS 573.75

4500011695 2 9/10/2019 100445 T. FRANK MCCALL'S, INC. JANITORIAL SUPPLIES 2,554.08

4500011695 3 9/10/2019 100445 T. FRANK MCCALL'S, INC. JANITORIAL SUPPLIES 365.52

4500011698 273.60

4500011698 1 9/10/2019 101620 AMERICHEM INTERNATIONAL, INC. JANITORIAL SUPPLIES 273.60

4500011710 2,795.70

4500011710 1 9/11/2019 100501 W.B. MASON CO. INC FURNITURE 931.90





4500011713 524.55

4500011713 1 9/11/2019 100530 SHI INTERNATIONAL CORP. DATA PROC SRVS & SW 141.25







4500011714 3,000.00

4500011714 1 9/12/2019 101176 TOZOUR ENERGY SYSTEMS, INC. HVAC 3,000.00

4500011715 1,142.19



4500011716 6,647.73

4500011716 1 9/12/2019 100278 LIBERTY DOOR SYSTEMS, LLC BLDGS/STRUCTS- FAB. 6,647.73

4500011717 323.04

4500011717 1 9/12/2019 100646 W.W. GRAINGER INC. PAINTING EQP/ACCESS 59.52

4500011717 2 9/12/2019 100646 W.W. GRAINGER INC. PAINT-COATINGS, ETC 263.52

4500011718 1,863.19

4500011718 1 9/12/2019 100169 EPLUS TECHNOLOGY, INC. DATA PROC SRVS & SW 1,863.19

4500011719 2,673.00

4500011719 1 9/12/2019 102040 VARIDESK, LLC FURNITURE 891.00





4500011720 21,450.00


4500011721 3,392.16


4500011722 464.94

4500011722 1 9/12/2019 101125 SHERWIN WILLIAMS PAINTING EQP/ACCESS 295.20


4500011723 219.00

4500011723 1 9/12/2019 101191 TRISTATE INDUSTRIAL DISTRIBUTORS OF PAINTING EQP/ACCESS 219.00

4500011725 13,475.00



4500011726 55.00

4500011726 1 9/13/2019 101973 SUPREME SAFETY, INC 1ST AID & SAFETY EQP 55.00

4500011729 98.64

4500011729 1 9/13/2019 100646 W.W. GRAINGER INC. HARDWARE & RELATED 98.64

4500011733 2,626.00

4500011733 1 9/13/2019 101067 PEMBERTON ELECTRICAL SUPPLY COMPANY ELEC EQP/SUPP-NO CBL 2,040.00

4500011733 2 9/13/2019 101067 PEMBERTON ELECTRICAL SUPPLY COMPANY PLUMBING EQP & SUPP 370.00

4500011733 3 9/13/2019 101067 PEMBERTON ELECTRICAL SUPPLY COMPANY ELEC EQP/SUPP-NO CBL 216.00

4500011734 317.10

4500011734 1 9/13/2019 100445 T. FRANK MCCALL'S, INC. 1ST AID & SAFETY EQP 259.50

4500011734 2 9/13/2019 100445 T. FRANK MCCALL'S, INC. PAINTING EQP/ACCESS 57.60

4500011735 225.00

4500011735 1 9/13/2019 100302 MULTIFACET, INC. JANITORIAL SUPPLIES 225.00

4500011736 11,543.18

4500011736 1 9/13/2019 100646 W.W. GRAINGER INC. HAND TOOLS 5.66

4500011736 2 9/13/2019 100646 W.W. GRAINGER INC. HAND TOOLS 2,086.25



















4500011736 21 9/13/2019 100646 W.W. GRAINGER INC. HAND TOOLS 1,353.36




























4500011739 7,311.75

4500011739 1 9/16/2019 100667 SNAP-ON INCORPORATED AUTO SHOP EQUIP. 7,311.75

4500011745 120.80

4500011745 1 9/16/2019 100262 KEYPORT ARMY NAVY CLOTHING UNIFORM 120.80

4500011747 144.40



4500011748 476.00





4500011753 23,173.00

4500011753 1 9/17/2019 101674 SAP PUBLIC SERVICES INC DATA PROC SRVS & SW 23,173.00

4500011754 4,472.00

4500011754 1 9/17/2019 100968 LAWMEN SUPPLY CO OF NEW JERSEY INC POLICE EQP AND SUPP 888.00





4500011754 6 9/17/2019 100968 LAWMEN SUPPLY CO OF NEW JERSEY INC POLICE EQP AND SUPP 1,040.00



4500011755 682.56


4500011755 2 9/18/2019 101191 TRISTATE INDUSTRIAL DISTRIBUTORS OF HARDWARE & RELATED 275.76

4500011756 756.42


4500011759 6,757.00


4500011759 2 9/18/2019 101973 SUPREME SAFETY, INC 1ST AID & SAFETY EQP 1,190.00







4500011760 4,528.80

4500011760 1 9/18/2019 102536 PLASTERER EQUIPMENT CO., INC. RD&HWY EQP(HANDLING) 4,141.80

4500011760 2 9/18/2019 102536 PLASTERER EQUIPMENT CO., INC. RD&HWY EQP(HANDLING) 387.00

4500011762 2,923.20

4500011762 1 9/19/2019 100059 ATLANTIC TACTICAL POLICE EQP AND SUPP 2,576.00

4500011762 2 9/19/2019 100059 ATLANTIC TACTICAL POLICE EQP AND SUPP 268.80


4500011765 847.50


4500011765 1 9/19/2019 100644 FRANKLIN - GRIFFITH, LLC ELEC EQP/SUPP-NO CBL 847.50

4500011773 335.40



4500011775 2,640.00

4500011775 1 9/23/2019 100525 Y-PERS, INC. JANITORIAL SUPPLIES 2,640.00

4500011776 23,200.00





4500011782 499.50




4500011783 931.20

4500011783 1 9/23/2019 100854 EASTERN DATA PAPER FARE COLLECTION EQP 931.20

4500011784 209.88


4500011785 259.56

4500011785 1 9/23/2019 100646 W.W. GRAINGER INC. PAINT-COATINGS, ETC 259.56

4500011786 9,549.28

4500011786 1 9/23/2019 100530 SHI INTERNATIONAL CORP. COMP HW/PERIPH-MICRO 9,549.28

4500011792 1,557.54

4500011792 1 9/24/2019 100252 T&T SUPPLY HVAC 860.57

4500011792 2 9/24/2019 100252 T&T SUPPLY HVAC 573.88

4500011792 3 9/24/2019 100252 T&T SUPPLY HVAC 123.09

4500011793 1,829.40

4500011793 1 9/24/2019 101433 LOU BO CORP MAINT/REPAIR-ELECT. 1,829.40

4500011794 188.10

4500011794 1 9/24/2019 102397 DENNEY ELECTRIC SUPPLY OF AMBLER, ELEC EQP/SUPP-NO CBL 188.10

4500011795 1,108.92


4500011795 2 9/24/2019 100302 MULTIFACET, INC. AUTO ACCESSORIES 253.40

4500011795 3 9/24/2019 100302 MULTIFACET, INC. AUTO ACCESSORIES 175.92


4500011796 708.00

4500011796 1 9/24/2019 100436 STAUFFER GLOVE & SAFETY 1ST AID & SAFETY EQP 708.00

4500011797 1,442.40

4500011797 1 9/24/2019 102375 ANA SOURCING LLC JANITORIAL SUPPLIES 868.80

4500011797 2 9/24/2019 102375 ANA SOURCING LLC 1ST AID & SAFETY EQP 573.60

4500011798 1,950.20

4500011798 1 9/24/2019 100525 Y-PERS, INC. SALT-SODIUM CHLORIDE 1,950.20

4500011800 2,900.00

4500011800 1 9/25/2019 101472 CENTRAL POLY-BAG CORP. JANITORIAL SUPPLIES 2,900.00

4500011806 13,373.78






4500011817 340.30

4500011817 1 9/26/2019 100022 ACE PLUMBING & ELECTRICAL SUPPLIES PLUMBING EQP & SUPP 196.56

4500011817 2 9/26/2019 100022 ACE PLUMBING & ELECTRICAL SUPPLIES PLUMBING EQP & SUPP 143.74

4500011819 175.00

4500011819 1 9/26/2019 100755 BDF CHEMICAL CO INC FASTENERS 175.00

4500011832 16,185.00



4500011833 2,862.64

4500011833 1 9/30/2019 100059 ATLANTIC TACTICAL POLICE EQP AND SUPP 1,037.04





4500011834 496.00

4500011834 1 9/30/2019 100766 BOTTOMLINE TECHNOLOGIES INC COMP ACCESS./SUPP. 496.00

4500011835 1,948.00

4500011835 1 9/30/2019 100062 AVANTI DATA PRODUCTS CORP MAIN/REPAIR-RAILROAD 320.00





4500011835 5 9/30/2019 100062 AVANTI DATA PRODUCTS CORP MISC PROF SRVS 28.00

4500011836 1,542.00

4500011836 1 9/30/2019 100968 LAWMEN SUPPLY CO OF NEW JERSEY INC POLICE EQP AND SUPP 1,542.00

4500011837 3,516.42


FINANCE COMMITTEE

of 4

DELAWARE RIVER PORT AUTHORITYFinance Committee Meeting

One Port Center2 Riverside DriveCamden, New JerseyWednesday, October 2, 2019

Commissioners:Jeffrey Nash, Esq. (Chairman of the Finance Committee)Donna PowellKathryn Cerulli Joyce, Esq. (for PA Treasurer Joseph Torsella; via telephone)Christopher Lewis, Esq. (via telephone)Charles FentressAaron Nelson (for Ricardo V. Taylor)Joseph Martz (via telephone)

DRPA/PATCO Staff:John Hanson, Chief Executive OfficerMaria Wing, Deputy Executive OfficerRaymond Santarelli, General Counsel and Corporate SecretarySteve Holden, Deputy General CounselJames White, Chief Financial OfficerToni Brown, Chief Administrative OfficerOrville Parker, Manager, Budget/Financial Analysis, FinanceJohn Lotierzo, Director, Finance, DRPAChristina Maroney, Director, Strategic InitiativesMichael Williams, Manager, Corporate CommunicationsElizabeth Saylor, Administrative Coordinator, OGC

Others Present:Craig Ambrose, Associate Counsel, New Jersey Governor’s Authorities Unit

OPEN SESSION

Finance Committee Chairman Nash called the meeting of the Finance Committee of the DelawareRiver Port Authority to order at 9:04 a.m. and asked the Corporate Secretary to call the roll.

ROLL CALL

The following Commissioners were present, constituting a quorum: Chairman Nash, Powell,Joyce, Lewis, Martz, Fentress and Nelson.

Financial Update

Chief Financial Officer/Treasurer White highlighted several areas from the DRPA/PATCOUnaudited Financial Summary, including traffic, ridership and revenue results and trends. Henoted that we continue to be significantly under budget related to personnel and contractualexpenses. He also discussed the Project and General Funds and capital expenditures trends.Finally, Mr. White stated that his team was currently working on the Capital Budget for 2020 and

of 4

we will be presenting this at the next Finance Committee meeting in November. The OperationalBudget will be be presented for consideration at the December Finance meeting.

Summary Statements and Resolutions for Consideration

Finance Committee Chairman Nash stated that there were eleven (11) Summary Statements andResolutions for consideration.

1) DRPA-19-091 Renewal of DRPA/PATCO Commercial Non-Bridge PropertyPolicy

Chief Administrative Office Brown presented a Summary Statement and Resolution that the Boardauthorize staff to bind the renewal of the DRPA/PATCO Commercial Non-Bridge PropertyInsurance Policy with the incumbent, Affiliated FM Global, for the 12-month policy term fromDecember 31, 2019 to December 31, 2020, at the estimated premium of $521,452.00, net ofcommissions. This policy is placed by Broker/Consultant, Turner Surety and Insurance BrokerageInc. (TSIB).

2) DRPA-19-092 Renewal of DRPA/PATCO Commercial General Liability Policy

Chief Administrative Office Brown presented a Summary Statement and Resolution that the Boardauthorize staff to accept the proposed quote from Scion Underwriting, for the Authority’sCommercial General Liability Policy, for the policy term of December 31, 2019 to December 31,2010, at an estimated annual premium of $103, 000.00, net of commissions. Broker/Consultant,Turner Surety & Insurance Brokerage (TSIB) worked with RT Specialty of Irvine, California, asthe wholesale broker.

3) DRPA-19-093 Renewal of DRPA Excess Workers’ Compensation & Employers’Liability Policy

Chief Administrative Office Brown presented a Summary Statement and Resolution that the Boardauthorize staff to accept the proposed renewal quote from incumbent, Safety National CasualtyCorporation for the DRPA Excess Workers’ Compensation Insurance Policy for the 24-monthpolicy term of December 31, 2019 to December 20, 2021, at an estimated annual premium of$158,485.00, net of commissions, for the first 12 months. The renewal premium for the second12 months will be quoted upon submission of the estimated payroll for that policy term at the sameflat rate of $0.353 per $100 of payroll. This policy is placed by Broker/Consultant, Turner Surety& Insurance Brokerage (TSIB).

4) DRPA-19-094 Renewal of DRPA/PATCO Commercial Umbrella Liability Policy

Chief Administrative Office Brown presented a Summary Statement and Resolution that the Boardauthorize staff to accept the proposed renewal quote from incumbent, National Fire and MarineInsurance Company, for the Authority’s Commercial Umbrella Liability Policy for the policy termof December 31, 2019 to December 31, 2020, at an estimated premium of $185,000.00. Thispolicy is placed by Broker/Consultant, Turner Surety & Insurance Brokerage (TSIB).

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5) DRPA-19-095 Renewal of Marine General Liability, Hull & Machinery,Including Protection & Indemnity, and Marine UmbrellaLiability Insurance Policies

Chief Administrative Office Brown presented a Summary Statement and Resolution that the Boardauthorize staff to accept the non-binding proposed premium indication for the 24-month term fromincumbent, Starr Indemnity and Liability Insurance Company for the DRPA Marine InsuranceProgram. This program includes three policies: (1) Marine General Liability, and (2) Hull &Machinery, which includes Protection & Indemnity Coverage; and (3) Marine Umbrella LiabilityInsurance. This proposed premium of $61,500.00 (billed on an annual basis of $30,750.00) net ofcommissions, will be for the term of December 31, 2019 to December 31, 2021. These policiesare placed by Broker/Consultant, Turner Surety & Insurance Brokerage (TSIB).

6) DRPA-19-096 Renewal of DRPA/PATCO Public Officials and EmploymentPractices Liability Policy and Excess Public Officials andEmployment Practices Liability Policy

Chief Administrative Office Brown presented a Summary Statement and Resolution that the Boardauthorize staff to accept the 12-month proposed quotation from a new carrier, ACE AmericanInsurance Company, for the Authority’s Public Officials and Employment Practices Liabilityinsurance coverage, including a $15 million limit per occurrence and in the aggregate with defensecosts outside the limit of liability but capped at $15 million, including coverage for the volunteermember of CAC, for the policy term of December 31, 2019 to December 31, 2020, at an estimatedpremium of $191,323.00, net of commission. This policy would be placed on a direct basis byBroker/Consultant, Turner Surety & Insurance Brokerage (TSIB).

7) DRPA-19-097 Renewal of DRPA Law Enforcement/Police Professional LiabilityPolicy

Chief Administrative Office Brown presented a Summary Statement and Resolution that the Boardauthorize staff to accept the proposed 12-month renewal indication from incumbent, GreenwichInsurance Company, for the $2 million per occurrence and $2 million aggregate limit, for theAuthority’s Law Enforcement/ Police Professional Liability Policy, for the policy term ofDecember 31, 2019 to December 31, 2020, at an estimated premium of $138,420.21, net ofcommissions. This policy is placed by Broker/Consultant, Turner Surety & Insurance Brokerage(TSIB).

8) DRPA-19-098 Renewal of DRPA/PATCO Network Security and PrivacyLiability Policy

Chief Administrative Office Brown presented a Summary Statement and Resolution that the Boardauthorize staff to accept the 12-month renewal quote from incumbent, Allied World nationalAssurance Company, for the $10 million primary limit, claims-made Cyber Liability Policy (akaNetwork Security and Privacy Liability Policy), for the policy term of December 31, 2019 toDecember 31, 2020, at an annual estimate premium of $78,438.00, net of commissions. Thispolicy is placed by our Broker/Consultant, Turner Surety & Insurance Brokerage (TSIB).

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9) DRPA-19-099 Renewal of DRPA/PATCO Claims Made Excess LiabilityInsurance Policy

Chief Administrative Office Brown presented a Summary Statement and Resolution that the Boardauthorize staff to accept the proposed 12-month premium from Gemini Insurance Policy, as thenew carrier for the Authority’s $15 million primary limit Claims Made Excess Liability InsurancePolicy, for the policy term of December 31, 2019 to December 31, 2020 for an estimate premiumof $595,000.0, net of commissions. Further, that the Board authorize staff to accept the proposed12-month premium from Apollo Liability Consortium, as the new carrier for the Authority’s $10million excess limit, Claims Made Excess Liability Policy, for the policy term December 31, 2019to December 31, 2020, net of commission. Further, that the Board authorize AmWINS of SatelliteBeach, Florida as the wholesale broker for the placements.

10) DRPA-19-100 Age 65 & Over Retiree Medicare Part D Prescription Benefits –2020 (DRPA/PATCO)

Chief Administrative Office Brown presented a Summary Statement and Resolution that the Boardauthorize staff to contract with Horizon Medicare Blue Group Rx for the provision of a MedicarePart D Prescription Drug Plan for age 65 and over retirees and their eligible dependent (age 65 andover) for an estimate annual 2020 premium of $593,818

11) PATCO-19-023 Renewal of PATCO Excess Workers’ Compensation &Employers’ Liability Policy

Chief Administrative Office Brown presented a Summary Statement and Resolution that the Boardauthorize staff to accept the proposed renewal quote from incumbent, Safety National CasualtyCorporation, for the PATCO Excess Workers’ Compensation and Employer’s Liability Policy forthe 24-month policy term of December 31, 2019 to December 31, 2021, at an estimate annualpremium of $146,019 for the first year. Further, the second year premium will be quoted by Safetyupon submission of an estimate payroll for that policy term at the same flat rate of $0.634 per $100of payroll.

Commissioner Fentress moved to forward DRPA-19-091, DRPA-19-092, DRPA-19-093, DRPA-19-094, DRPA-19-095, DRPA-19-096, DRPA-19-097, DRPA-19-098, DRPA-19-099, DRPA-19-100 and PATCO-19-023 to the Board for consideration and Commissioner Powell seconded themotion. There were no questions or comments. All Commissioners in attendance voted to approvethe motion.

ADJOURNMENT

There being no further business, Commissioner Fentress moved to adjourn the meeting andCommissioner Powell seconded the motion. All Commissioners in attendance voted to approvethe motion and the meeting adjourned at 9:29 a.m.

SUMMARY STATEMENT

ITEM NO.: DRPA-19-091

SUBJECT: Renewal of DRPA/PATCO CommercialNon-Bridge Property Policy

COMMITTEE: Finance

COMMITTEE MEETING DATE: October 2, 2019

BOARD ACTION DATE: October 16, 2019

PROPOSAL: That the Board authorizes staff to bind the renewal of the DRPA/PATCOCommercial Non-Bridge Property insurance policy. This policy is placed byour Broker/Consultant, Turner Surety and Insurance Brokerage Inc. (TSIB).

Pursuant to DRPA-18-054, TSIB is paid a fixed annual service fee not-to-exceed $160,380, payable in quarterly installments of $40,095.00. In accordancewith the terms of the Broker/Consultant Service Agreement, TSIB understandsthat no commissions shall be paid on any insurance policies placed on DRPA’sbehalf.

Pursuant to DRPA-18-100, the Board authorized TSIB to work with AmWINSof Edison, New Jersey, as the Wholesale Broker, on behalf of the Authority torenew the Affiliated FM Global policy. Consistent with the previous placement,AmWINS will receive a commission from Affiliated FM Global, but will not payTSIB any commission, or any contingent, supplemental or other forms ofadditional compensation. Therefore, the proposed policy premium is net ofcommission.

TSIB marketed the Authority’s Commercial Non-Bridge property policy tothe following carriers to secure the most competitive premium:

Affiliated FM Global - premium indication of $521,452including NJ PLIGA tax andTRIPRA (incumbent)

ACE/Chubb - declined, required updated underwritinginformation; could not provide flood limit

Allianz - declined, could not provide $100M in flood AXIS - declined, no risk appetite CNA - declined, no risk appetite Great American - declined, could not provide $100M in flood Liberty Mutual - declined, could not compete vs. current rate Swiss Re - declined, required updated underwriting information Travelers - declined, potential flood hazards Zurich - declined, pre-inspections/time constraints

PURPOSE: To reduce the Authority’s exposure to risk by insuring against physicaldamage to non-bridge property, economic loss, and businessinterruption.

BACKGROUND: Pursuant to DRPA-18-100, the Board approved a 12-month policy termfrom December 31, 2018 to December 31, 2019 with the incumbent,Affiliated FM Global. The current Commercial Non-Bridge Propertypolicy will expire December 31, 2019.

The expiring premium for the 12-month policy is $452,728.00, includingTerrorism Risk Insurance Program Reauthorization Act (TRIPRA) andthe NJ Property-Liability Insurance Guaranty Association (NJ PLIGA)tax.

The Commercial Non-Bridge Property policy provides insurance for non-bridge assets including One Port Center and the OPC Parking lot; BridgeAdministration buildings; paint storage facilities; salt storage buildings; vehiclemaintenance buildings; ILA Hiring Hall; and the PATCO stations, yards, andfacilities. The non-bridge property policy insures DRPA and PATCO’s real andpersonal property (buildings, equipment, substations, computers, furniture,rental income, machinery and inventories, etc.) against direct physical loss in theevent of, amongst other perils – fire, flood, explosion, collapse, interruption ofutility service, theft or theft damage, and terrorism.

The policy carries a $100,000 deductible (higher deductibles apply to lossesresulting from Earth Movement and Flood).

On March 15, 2016, HNTB submitted their Facility Replacement Cost EstimateAppraisal report. As a result of the 2016 report, non-bridge real property(building) values increased by 49% over the 2015 values or by approximately$795,000,000.00. Therefore, for the December 31, 2018 to December 31, 2019policy term, Affiliated FM Global proposed a blanket loss limit of$750,000,000.00, based upon trended values of $ 809,856,685.00.

The trended Total Insured Values (TIV) for the renewal policy term is$810,514,086.00.

FM Global’s new 2019 corporate guidelines have mandated that the Loss Limitsfor all policyholders more closely reflect the same limit as the projected ProbableMaximum Loss (PML).

FM Global has provided the following examples in support of a reduced LossLimit more closely reflecting the actual PML from $750 million to $500 millionfor the December 31, 2019 to December 31, 2020 policy term:

The largest single location is the PATCO Lindenwold passengerstation, substation & related buildings valued @ a PML risk total of$135,894,770.00 combined;

If the Pennsylvania locations suffered a catastrophic loss, the values @PML total $169,156,736.00 combined;

If every location in Camden were to suffer a catastrophic loss, thetotal values @ PML are $261,808,730.00 combined.

Considering the information above, TSIB agrees that the proposed reduced LossLimit of $500 million still represents an adequate blanket limit for all propertyinsured under this policy.

However, as an option to return to a full blanket Loss Limit of $750 million, TSIBthrough AmWINS approached the marketplace to obtain pricing indications foran excess property layer of $250 Million. Pricing ranged from an indication of$75,000 to $125,000 annually. The indications are subject to the review of the firmAffiliated FM renewal proposal, including pricing, terms and conditions. Thefacultative reinsurance placement for the Lindenwold location will not befinalized until late October.

Another change for the renewal term is the reduction of the Data ServiceProvider coverage from $500,000 to $50,000. The intent is to not provide primarycyber coverage on the Affiliated FM Global property form. TSIB has confirmedthat this gap in coverage is picked-up under the Allied World Network Securityand Privacy Liability Policy (Cyber Liability) which provides a limit of $10million for first party Data Restoration Coverage.

Finally, Affiliated FM Global is increasing the flood deductible on theCommodore Barry Bridge Plaza to $500,000 from $100,000. This deductibleincrease represents a company-wide change for those policyholders who havevalues located in, or close to Flood Zone A, which would be exposed to a 100 yearhigh flood hazard loss expectancy.

Over the prior policy terms from 2013 to 2018, Affiliated FM Global had overall,reduced the annual property rate by -9.50%. In 2013, the rate was 0.0615 and in2018, the rate was 0.0557.

Affiliated FM Global has proposed for the December 31, 2019 to December 31,2020 renewal term, a rate of 0.0640, which represents a 15.2% increase over theexpiring term.

Therefore, the proposed renewal indication for a 12-month policy term from12/31/2019 to 12/31/2020, is an estimated premium of $521,452.00, includingTRIPRA and the NJ PLIGA tax. The proposed renewal indication represents anannual increase of $68,724.00 or an increase of 15.2%, over the expiring premiumof $452,728.00.

The Affiliated FM Global policy does not include property insurance for thePATCO passenger cars, rail, tracks, rail beds (inside the tracks), trestles (mainlinebridges) overhead bridges, tunnels or viaducts.

Affiliated FM Global has the following subjectivities in order to bind the 12-month policy:

#1 There cannot be any increase in the reinsurance rates or any imposedrestrictive terms on the reinsurance available to Affiliated FM Global between thedate of the quote and the effective date of December 31, 2019;

#2 The quality of risk prevention must not deteriorate during the quote term andthe protection against physical loss must not be removed or diminished in itseffectiveness;

#3 Any material change to the property of the insured and/or the financialconditions or the insured during the quote term and/ or property protectionsagainst physical loss or damage installed or agreed to be installed by the insuredduring this quote period have been substantially changed and;

#4 DRPA’s loss ratio must average less than 60% from the prior three year policyterm.

TSIB recommends that staff accept the proposed renewal indication fromincumbent, Affiliated FM Global, for the 12-month policy term from December31, 2019 to December 31, 2020 at the estimated premium of $521,452.00,including NJ PLIGA tax and TRIPRA; and net of commission. Staff agrees withTSIB’s recommendation.

SUMMARY: Amount: Estimated 12-month term premium$521,452.00 (Including TRIPRA and the NJPLIGA tax) net of commission

Source of Funds: Revenue and General FundsCapital Project #: N/AOperating Budget: DRPA Risk Mgt. Commitment 770140

(DRPA/OPC)PATCO Admins. Commitment 770140

Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2020Other Parties Involved: Turner Surety & Insurance Brokerage

(TSIB), Affiliated FM Global, and AmWINSof Edison, New Jersey

DRPA-19-091Finance Committee: October 2, 2019

Board Date: October 16, 2019Renewal of DRPA/PATCO Commercial Non-Bridge Property Policy

RESOLUTION

RESOLVED: That the Board of Commissioners authorizes staff to accept the proposed 12-month renewal quote from incumbent, Affiliated FM Global InsuranceCompany, for the Commercial Non-Bridge Property Policy, for the policy termof December 31, 2019 to December 31, 2020, at an estimated premium of$521,452.00 including NJ PLIGA tax and TRIPRA; net of commission; and be itfurther

RESOLVED: That the Board of Commissioners authorizes AmWINS of New Jersey, 105Fieldcrest Avenue, Edison NJ 08837 as the Wholesale Broker for the placement ofthis policy. AmWINS will receive commission from Affiliated FM Global, butwill not pay TSIB any additional income, including commission, or anycontingent, supplemental or other forms of additional compensation; and be itfurther

RESOLVED: That the Chairman, Vice Chairman and the Chief Executive Officer mustapprove and are hereby authorized to approve and execute all necessaryagreements, contracts, or other documents on behalf of the DRPA. If suchagreements, contracts, or other documents have been approved by theChairman, Vice Chairman and Chief Executive Officer and if thereafter eitherthe Chairman or Vice Chairman is absent or unavailable, the remainingOfficer may execute the said document(s) on behalf of DRPA along with theChief Executive Officer. If both the Chairman and Vice Chairman are absent orunavailable, and if it is necessary to execute the said document(s) while they areabsent or unavailable, then the Chief Executive Officer shall execute suchdocuments on behalf of DRPA.

SUMMARY: Amount: Estimated 12-month term premium$521,452.00 (including NJ PLIGA tax andTRIPRA net of commission)


(DRPA/OPC)PATCO Admins. Commitment 770140

Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2020Other Parties Involved: Turner Surety & Insurance Brokerage

(TSIB),Affiliated FM Global, and AmWINSof Edison, New Jersey.

SUMMARY STATEMENT


SUBJECT: Renewal of DRPA/PATCOCommercial General Liability Policy

COMMITTEE: Finance



PROPOSAL: That the Board authorizes staff to bind the renewal of the Authority’sCommercial General Liability insurance policy. This policy is placed byour Broker/Consultant, Turner Surety & Insurance Brokerage (TSIB).

Pursuant to DRPA-18-054, TSIB is paid a fixed annual service fee of not-to-exceed $160,380.00 payable in quarterly installments of $40,095. Pursuantto the terms of the Broker/Consultant Service Agreement, TSIBunderstands that no commissions shall be paid on any insurance policiesplaced on DRPA’s behalf. Therefore, the proposed policy premium is netof commission.

In 2019, TSIB marketed the DRPA’s Commercial General Liability policyto several carriers to secure the most competitive premium. A summary ofthe marketing efforts is as follows:

Lexington - Quoted $111,100 (incumbent) Scion Underwriting - Lloyds of London Syndicate 2987 Quoted

$103,000 Chubb - Minimum deductible $50,000 Current deductible $25,000) Allianz - Declined, could not compete on price Selective - Declined, could not compete on price

PURPOSE: To reduce the DRPA’s exposure to loss by insuring against third-partyBodily Injury and Property damage claims that occur at all propertiesowned by the Authority including, but not limited to One Port Center, andother lots and blocks, such as ballfields in Philadelphia, and vacant lotsalong Admiral Wilson Blvd. in Camden.

BACKGROUND: Pursuant to DRPA-18-101, the Board authorized staff to renew theAuthority’s Commercial General Liability policy effective December 31,2018 to December 31, 2019. This policy insures the Authority against lossesby reason of liability imposed by law or assumed under contract for claimsinvolving Bodily Injury, Personal Injury, Property Damage or

Advertising Injury. The Authority’s existing Commercial GeneralLiability policy will expire December 31, 2019.

The policy provides an Occurrence Limit of $1 million peroccurrence (general aggregate $5 million) subject to a $25,000deductible per claim.

The current premium for the policy term December 31, 2018 toDecember 31, 2019 is $101,000.00, (this is Lexington’s minimumpremium based upon the exposure basis - ratable square footage)including the Terrorism Risk Insurance Program ReauthorizationAct (TRIPRA). This policy is not subject to the NJ Property-Liability Insurance Guaranty Association (NJ PLIGA) tax.

Lexington has offered the following renewal option for ourconsideration:

A proposed a 10% increase or an increase in premium of$10,100.00; and

A change in the policy terms and conditions from a “broad formpolicy form” to a “designated locations schedule policy form”;and

Revised policy language to the endorsement, “DesignatedServices or Operations” exclusion stating that coverage will notapply to “any and all bridges.” The current exclusionendorsement only lists the following schedule of excludedoperations under the Commercial General Liability policy:

Cruise Terminal(s), Passenger Ferry(s) and ticket booth(s);Railway(s), Equipment Buildings @ Bridge plazas,Tollbooth(s)

Presently, the policy is silent regarding the bridges, however, anybridge risk was never a part of the underwriting exposure for thisparticular policy, for the renewal term, December 31, 2019 toDecember 31, 2020, Lexington will specifically exclude any and allbridges, which is a restriction.

The proposed renewal premium for the policy term December 31,2019 to December 20, 2020 is estimated at $111,100 (includingTRIPRA). The proposed term December 31, 2019 to December 20,2020 is concurrent with the Commercial Umbrella Liability Policyterm December 31, 2019 to December 20, 2020.

Alternatively, TSIB has secured an optional quote from ScionUnderwriting, which is backed by the Lloyds Syndicate 2987, for the

estimated annual premium of $103,000.00, (including TRIPRA),which is less than a 2% increase or $2,000 compared to the expiringpremium; or a savings of $8,100.00 compared to Lexington’srenewal quote of $111,100.00.

The A.M. Best rating for Scion Underwriting is A, and financial sizeis XV. This carrier is non-admitted, the same as Lexington.

Scion Underwriting (Lloyds Syndicate 2987) matched the sameexpiring policy limits and deductible as Lexington. The differencesin the policy terms and conditions from the current policy, are asfollows:

Auditable upon expiration @ 354.09 per square foot

Wrap-Up Exclusion – as this policy is intended to be a non-construction policy, the CGL provided by Scion will notprovide contingent/excess coverage for any wrap-ups theAuthority may sponsor or participate in.

Exclusion for Unmanned Aircraft (Authority-owned drones)– in the event the Authority purchases drones, TSIB willnegotiate the removal of this exclusion along withrecommending the appropriate insurance coverage)

Exterior Insulation and Finish Systems (EIFS) Exclusion -Engineering should determine whether any owned buildingsinclude this exposure to third parties (potential “mold”claims as a result of water damage)

Earth Movement Exclusion – Scion Underwriting/Lloyds hasagreed to remove this exclusion upon binding authorization

TSIB does not represent Scion Underwriting (Lloyds Syndicate2987) on a direct basis. Therefore, TSIB accessed ScionUnderwriting (Lloyds Syndicate 2987) via the wholesale broker, RTSpecialty of Irvine, CA. RT Specialty will receive a commissionfrom Lloyds Syndicate 2987, but will not pay TSIB any commission,or any contingent, supplemental or other forms of additionalcompensation. Therefore, the proposed policy premium is net ofcommission.

TSIB recommends that staff accept the proposed quote from ScionUnderwriting (Lloyds Syndicate 2987), for the policy termDecember 31, 2019 to December 20, 2020, at an estimated annual

premium of $103,000.00 (including TRIPRA) and net of commission.Staff recommends that the Board authorize TSIB to work with RTSpecialty of Irvine, CA, as the Wholesale Broker, on behalf of theAuthority to place the Commercial General Liability policy withScion Underwriting (Lloyds Syndicate 2987).

Benefits of transitioning from Lexington to Scion Underwriting:

Reduced annual premium, resulting in $8,100 savings Maintaining a “Broad Policy Form” as expiring. Note:

Lexington was not willing to renew the Broad form; instead,they offered a “Designated Locations Schedule PolicyForm”.

RT Specialty will receive a commission from Lloyds Syndicate 2987,but will not pay TSIB any commission, or any contingent,supplemental or other forms of additional compensation.Therefore, the proposed policy premium is net of commission.

Staff agrees with TSIB’s recommendation.

SUMMARY: Amount: Approximately $103,000.00 (includingTRIPRA, and net of commission)


PATCO Admins. Commitment 770100Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 20, 2020Parties Involved: Turner Surety & Insurance

Brokerage (TSIB), ScionUnderwriting (Lloyds Syndicate2987) and RT Specialty of Irvine,CA

DRPA-19-092Finance: October 2, 2019

Board Date: October 16, 2019Renewal of DRPA/PATCO Commercial

General Liability Policy

RESOLUTION

RESOLVED: That the Board of Commissioners authorizes staff to accept the proposed premiumfrom Scion Underwriting (Lloyds Syndicate 2987), as the new carrier for theAuthority’s Commercial General Liability Policy for the policy term 12/31/2019-12/31/2020, at an estimated annual minimum premium of $103,000; (includingTRIPRA), and net of commission; and be it further

RESOLVED: That the Board of Commissioners authorizes RT Specialty of Irvine, CA, as theWholesale Broker for the placement of this policy. RT Specialty will receive acommission from Lloyds Syndicate 2987, but will not pay TSIB any additionalincome, including commission, or any contingent, supplemental or other formsof additional compensation; and be it further

RESOLVED: That the Chairman, Vice Chairman and the Chief Executive Officer must approveand are hereby authorized to approve and execute all necessary agreements,contracts, or other documents on behalf of the DRPA. If such agreements,contracts, or other documents have been approved by the Chairman, ViceChairman and Chief Executive Officer and if thereafter either the Chairman orVice Chairman is absent or unavailable, the remaining Officer may execute thesaid document(s) on behalf of DRPA along with the Chief Executive Officer. If boththe Chairman and Vice Chairman are absent or unavailable, and if it is necessary toexecute the said document(s) while they are absent or unavailable, then the ChiefExecutive Officer shall execute such documents on behalf of DRPA.

SUMMARY: Amount: Approximately $103,000 (IncludingTRIPRA and net of commission)


PATCO Admins. Commitment 770100Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 20, 2020Parties Involved: Turner Surety & Insurance

Brokerage (TSIB), Scionunderwriting (Lloyds Syndicate 2987)and RT Specialty of Irvine, CA

SUMMARY STATEMENT


SUBJECT: Renewal of DRPA ExcessWorkers’ Compensation & Employers’Liability Policy

COMMITTEE: Finance



PROPOSAL: That the Board authorizes staff to bind the renewal of the DRPA ExcessWorkers’ Compensation insurance policy. This policy is placed by ourBroker/Consultant, Turner Surety & Insurance Brokerage (TSIB).

Pursuant to DRPA-18-054, TSIB is paid a fixed annual service fee not-to-exceed $160,380.00 payable in quarterly installments of $40,095.00. Pursuantto the terms of the Broker/Consultant Service Agreement, TSIB understandsthat no commissions shall be paid on any insurance policies placed onDRPA’s behalf. Therefore, the proposed policy premium is net ofcommission.

TSIB marketed the DRPA’s Excess Workers’ Compensation insurancepolicy to several insurance companies to secure the most competitivepremium.

TSIB marketed the coverage to the following carriers:

Safety National Casualty Corp - Quoted $158,485 (incumbent) Arch - Declined, due to DRPA exposures ACE- Declined, did not fit appetite guidelines

PURPOSE: The Excess Workers’ Compensation policy is designed to provide statutorybenefits to DRPA’s employees in Pennsylvania and New Jersey who areinjured or become ill within the scope of their employment. The policyreduces DRPA’s exposure to loss from catastrophic incidents in excessof the $1 million Self-Insured Retention for each accident.

BACKGROUND: Pursuant to DRPA-17-079, the Board authorized staff to renew theDRPA Excess Workers’ Compensation & Employers’ Liability Policyeffective December 31, 2017 to December 31, 2019. All Workers’Compensation claims at DRPA are self-insured up to the first $1million. Claims that exceed $1 million are payable under DRPA’sExcess Workers’ Compensation & Employers’ Liability insurancepolicy by the insurance company. The Excess Workers’ Compensationpolicy provides coverage for DRPA employees who work in our NJ and

PA facilities. The policy provides a specific loss limit of $25 millioneach accident, plus a $1 million Employers’ Liability Limit, bothsubject to a $1 million self-insured retention. DRPA’s current ExcessWorkers’ Compensation & Employers’ Liability Policy will expireDecember 31, 2019.

The current premium for the $25,000,000 per occurrence maximumlimit of indemnity for the policy term December 31, 2018 to December31, 2019 is $149,245.00 the Terrorism Risk Insurance ProgramReauthorization Act (TRIPRA) based upon a total payroll of$42,279,024.00. The policy is auditable upon expiration.

Safety National initially proposed a 3% pure rate increase. TSIBreviewed the loss history with Safety National and pointed out therehas never been a paid loss under the policy. Safety National agreed torevise their proposed rate increase. In addition, TSIB negotiated anoption of a flat 24-month policy term with Safety National. SafetyNational agreed and proposed a 24-month policy term at the samerates as expiring for the renewal term, December 31, 2019 toDecember 20, 2021.

As 2019 budgeted payroll numbers were not available during the earlyrenewal process, the quote is based upon the December 31, 2018 toDecember 31, 2019 policy term payroll of $42,279,024.00, plus a 6.19%increase for the renewal term, or an estimated payroll totaling$44,896,553.00.

Safety National proposed the following renewal quotation:

24-month policy, with the same policy terms and conditions atthe same FLAT rate of $0.353 per $100 of payroll, subject to anannual estimated premium of premium of $158,485.00, for thepolicy term December 31, 2019 to December 20, 2020; auditableupon expiration.

The quotation is subject to the following:

Renewal quote is subject to receipt and underwriting review ofupdated loss information (valued within 90 days of effectivedate) for any material change in loss experience which mayaffect the final quoted rate and terms. Loss information to bereceived prior to or upon binding coverage (TSIB will obtaindirectly from the Authority’s TPA).

TSIB recommends that staff accept the renewal quote offered by theincumbent, Safety National Casualty Corporation, for the 24-monthpolicy term December 31, 2019 to December 20, 2021, at an estimatedannual premium of $158,485.00 (including TRIPRA), for the policyterm December 31, 2019 to December 20, 2020, based on an annualestimated payroll of $44,896,553.00 (which is the December 31, 2018 to

December 20, 2019 policy payroll figure increased by 6.19%) and netof commission. This policy is auditable upon expiration. The increasein premium of $9,240 or 6.19%, is the result of the annual increase inpayroll estimates.

SUMMARY: Amount: Approximately $158,485.00 (including TRIPRA),Net of commission and subject to payroll auditupon expiration, which may result in a returnpremium or an additional premium due.

Source of Funds: Revenue FundCapital Project #: N/AOperating Budget: DRPA Risk Mgt. Commitment 770230Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2021Other Parties Involved: Turner Surety & Insurance Brokerage,

(TSIB) and Safety National CasualtyCorporation


Board Date: October 16, 2019Renewal of DRPA Excess Workers’ Compensation

& Employers’ Liability Policy

RESOLUTION

RESOLVED: That the Board of Commissioners authorizes staff to accept the proposedrenewal quote from incumbent, Safety National Casualty Corporation, forthe DRPA Excess Workers’ Compensation & Employers’ Liability Policy forthe 24-month policy term December 31, 2019 to December 20, 2021; at anestimated annual premium of $158,485 from December 31, 2019 to December20, 2020 (including TRIPRA), net of commission; and be it further

RESOLVED: That the estimated annual premium will be $158,485 (including TRIPRA) forthe December 31, 2019 to December 20, 2020 policy term; based upon theDecember 31, 2018 to December 20, 2019 policy estimated payroll of$42,279,024.00 plus an increase of 6.19% for a total estimated payroll of$44,896,553.00 and is subject to a payroll audit upon expiration, which mayresult in a return premium or an additional premium due; and be it further

RESOLVED: That the renewal premium from December 31, 2020 to December 20, 2021will be quoted by Safety National Casualty Corporation, upon submission ofthe estimated payroll for that policy term at the same FLAT rate of $0.353per $100 of payroll, subject to a payroll audit upon expiration; and be itfurther

RESOLVED: That the Chairman, Vice Chairman and the Chief Executive Officer must approveand are hereby authorized to approve and execute all necessary agreements,contracts, or other documents on behalf of the DRPA. If such agreements,contracts, or other documents have been approved by the Chairman, Vice Chairmanand Chief Executive Officer and if thereafter either the Chairman or ViceChairman is absent or unavailable, the remaining Officer may execute thesaid document(s) on behalf of DRPA along with the Chief Executive Officer. If boththe Chairman and Vice Chairman are absent or unavailable, and if it is necessary toexecute the said document(s) while they are absent or unavailable, then the ChiefExecutive Officer shall execute such documents on behalf of DRPA.

SUMMARY: Amount: Approximately $158,485.00 (Including TRIPRA),Net of commission, and subject to payroll auditupon expiration, which may result in a returnpremium or an additional premium due.

Source of Funds: RevenueCapital Project #: N/AOperating Budget: DRPA Risk Mgt. Commitment 770230Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 20, 2021Other Parties Involved: Turner Surety & Insurance Brokerage (TSIB),

and Safety National Casualty Corporation

SUMMARY STATEMENT


SUBJECT: Renewal of DRPA/PATCO CommercialUmbrella Liability Policy

COMMITTEE: Finance



PROPOSAL: That the Board authorizes staff to bind the renewal of the Authority’sCommercial Umbrella Liability Policy. This policy is placed by ourBroker/Consultant, Turner Surety & Insurance Brokerage (TSIB).

Pursuant to DRPA-18-054, TSIB is paid a fixed annual service fee not-to-exceed $160,380.00, payable in quarterly installments of $40,095.00. Inaccordance with the terms of the Broker/Consultant Service Agreement,TSIB understands that no commissions shall be paid on any insurancepolicies placed on DRPA’s behalf.

Pursuant to DRPA 18-103, the Board authorized TSIB to work withAmWINS of Satellite Beach, Florida, a wholesaler, on behalf of theAuthority to renew the National Fire & Marine Umbrella Liabilitypolicy. Consistent with the previous placement, AmWINS will receive acommission from National Fire & Marine, but will not pay TSIB anycommission, or any contingent, supplemental or other forms ofadditional compensation. Therefore, the proposed policy premium isnet of commission.

TSIB marketed the Authority’s Commercial Umbrella Liability policyto several insurance companies to secure the most competitivepremium. TSIB marketed the coverage to the following companies:

National Fire & Marine – Quoted, $185,000, (incumbent) AIG - Declined, required ventilation between the lead

Commercial General Liability and the Claims -made Excess Liability policy - incumbent both policies)

Allied World - Indication - $360,000 Arch - Indication - $290,000 Aspen - Declined, could not compete with current pricing. Navigators - Declined, could not match current policy terms

or pricing

PURPOSE: This policy seeks to reduce the Authority’s exposure to loss by providingUmbrella liability coverage over the following underlying policies: (1)CommercialGeneralLiability; (2)Commercial AutomobileLiability;and(3)theDRPAandPATCOExcessWorker’s Compensation,EmployersLiabilitypolicies.

BACKGROUND: PursuanttoDRPA-18-103, theBoardauthorizedstafftorenewtheAuthority’sCommercial Umbrella Liability insurance policy effective December 31, 2018to December 31, 2019. The Umbrella policy with National Fire & Marineextends the limits of the four underlying liability policies (General Liability,Automobile Liability, and Employers’ Liability policies for DRPA andPATCO). The existing premium for the policy term December 31, 2018 toDecember 31, 2019 is $160,590.00 (including Terrorism Risk InsuranceProgram Reauthorization Act (TRIPRA). The NJ Property-LiabilityInsurance Guaranty Association (NJ PLIGA) tax is not applicable to thispolicy.

The proposed annual renewal premium from National Fire & MarineInsurance Company, will be $185,000.00 (including TRIPRA) for theDecember31,2019toDecember31,2020policy term. The premium increaseof approximately 15.2% or $24,410.00, is attributed to the followingfactors:

1. The 2019-2020 estimated increase in bridge traffic from53,353,668.00 to 53,950,409.00 (1.12%)

2. Increase in the rate applied to the exposure base of 13.9%

This increase in rate by the incumbent is being attributed to the currentautomobile market deterioration (losses vs premiums), as their need formore rate. This is not a reflection on the Authority’s CommercialAutomobile Liability loss history but the current state of the marketplace.

TSIB recommends that staff accept the proposed renewal quote for theCommercial Umbrella Liability policy from incumbent, National Fire &Marine Insurance Company for the policy term of December 31, 2019 toDecember 31, 2020, at the estimated annual premium of $185,000.00,(including TRIPRA) and net of commission. The proposed estimatedrenewal quoterepresents anannual increase of$24,410 oranincreaseof15.2%,over the expiring premium of $160,590. Staff agrees with TSIB’srecommendation.

SUMMARY: Amount: Approximately $185,000.00 (IncludingTRIPRA, and net of commission)

Source of Fund: Revenue and General Funds(PATCO portion)

Capital Project #: N/AOperating Budget: DRPA Risk Mgt. Commitment 770100

PATCO Admins. Commitment 770100Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2020Other Parties Involved: Turner Surety & Insurance Brokerage,

(TSIB), National Fire & Marine InsuranceCompany and AmWINS of Satellite Beach,FL

DRPA-19-094Finance Committee Date: October 2, 2019

Board Date: October 16, 2019Renewal of DRPA/PATCO Commercial Umbrella Liability Policy

RESOLUTION

RESOLVED: That the Board authorizes staff to accept the proposed 12-monthrenewal quote from incumbent, National Fire & Marine InsuranceCompany, for the Commercial Umbrella Insurance Policy for the policyterm December 31, 2019 to December 31, 2020, at an estimated premiumof $185,000.00 (including TRIPRA); net of commission; and be it further

RESOLVED: That the board authorizes AmWINS of Satellite Beach, FL, as theWholesale broker for the placement of this policy. AmWINS will receivecommission from National Fire and Marine, but will not pay anyadditional income to TSIB, including commission, or any contingent,supplemental or other forms of additional compensation; and be itfurther

RESOLVED: That the Chairman, Vice Chairman and the Chief Executive Officermust approve and are hereby authorized to approve and execute allnecessary agreements, contracts, or other documents on behalf of theDRPA. If such agreements, contracts, or other documents have beenapproved by the Chairman, Vice Chairman and Chief Executive Officerand if thereafter either the Chairman, Vice Chairman is absent orunavailable, the remaining Officer may execute the said document(s) onbehalf of DRPA along with the Chief Executive Officer. If both theChairman and Vice Chairman are absent or unavailable, and if it isnecessary to execute the said document(s) while they are absent orunavailable, then the Chief Executive Officer shall execute suchdocuments on behalf of DRPA.

SUMMARY: Amount: Approximately $185,000.00 (IncludingTRIPRA, and net of commission)

Source of Fund: Revenue and General FundsCapital Project #: N/AOperating Budget: DRPA Risk Mgt. Commitment 770100

PATCO Admins. Commitment 770100Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 201 to December 31, 2020Other Parties Involved: Turner Surety & Insurance Brokerage

(TSIB), National Fire & Marine InsuranceCompany and AmWINS of Satellite Beach,FL

SUMMARY STATEMENT


SUBJECT: Renewal of Marine General Liability,Hull & Machinery, IncludingProtection & Indemnity, and MarineUmbrella Liability Insurance Policies

COMMITTEE: Finance



PROPOSAL: That the Board authorizes staff to bind the renewal of the DRPA MarineInsurance Program. This program includes three policies: (1) Marine GeneralLiability, and (2) Hull & Machinery, which includes Protection & IndemnityCoverage; and (3) Marine Umbrella Liability Insurance. These policies are placedby our Broker/Consultant, Turner Surety & Insurance Brokerage (TSIB).

Pursuant to DRPA-18-054, TSIB is paid a fixed annual service fee of not-to-exceed$141,000 payable in quarterly installments of $40,095. In accordance with theterms of the Broker/Consultant Service Agreement, TSIB understands that nocommissions shall be paid on any insurance policies placed on DRPA’s behalf.Therefore, the proposed policy premium is net of commission.

Starr Indemnity & Liability Insurance Company has been the incumbent carriersince 12/31/2012 when the former carrier, The Chubb Group, exited from this classof business. Starr has been flexible with the offering of an extended policy term andhas provided very competitive pricing.

PURPOSE: To reduce the DRPA’s exposure to loss arising out of its marine exposureincluding liability for bodily injury, property damage and contractualliability, related to the Authority’s Public Safety patrol boat operations.

BACKGROUND: Pursuant to DRPA-17-082, the board authorized the renewal of theMarine General Liability, Hull & Machinery, Including Protection &Indemnity, and Marine Umbrella Liability Insurance Policies with theincumbent, Starr Indemnity & Liability Insurance Company for the 24-month policy term from 12/31/2017 to 12/31/2019.

The total premium for the 24-month policy term from 12/31/2017 to12/31/2019 is $51,615 including the Terrorism Risk Insurance ProgramReauthorization Act (TRIPRA). The policy is not subject to the NJProperty-Liability Insurance Guaranty Association (NJ PLIGA) tax.The policies will expire on December 31, 2019.

The Marine Insurance Program, includes the following threecomponents: (1) Marine General Liability, (2) Hull & Machinery,which includes Protection & Indemnity coverage; and (3) MarineUmbrella Liability Insurance. A summary of the three programcomponents, along with premiums for each component for policy term12/31/2018 to 12/31/2019 follows:

Component #1 – Marine General Liability ($8,200 annual premiumincluding TRIPRA).The Marine General Liability Policy provides coverage for marineoperations pertaining to the Public Safety Patrol Boat. The MarineGeneral Liability Policy includes a $1 million limit for any oneoccurrence, subject to a $2 million general aggregate. The deductibleper any one occurrence is $10,000.

Component #2 – Hull & Machinery, including Protection & Indemnity($10,858 annual premium including TRIPRA)The conveyance of the Ferry boat has been transferred to the DelawareRiver Waterfront Corporation (DRWC) and has been deleted from thepolicies. The DRPA owns one Patrol Boat, which is operated by theMarine Unit of the Public Safety Division. The Patrol Boat is a 2005 SafeBoat International 27’ cabin boat. DRPA is responsible for providingthe Hull & Machinery, including Protection & Indemnity for the PatrolBoat. The agreed value of the Patrol Boat for Hull & Machinery iscurrently $275,000. Under the existing policy with Starr, the Hull &Machinery deductible is $15,000 per occurrence for the Patrol Boat.

The Protection & Indemnity limits of liability are $1 million peroccurrence, with no policy aggregate. The Protection & Indemnitydeductible per occurrence is $5,000 for Bodily Injury and $10,000deductible per occurrence for Property Damage.

Component #3 – Marine Umbrella Liability ($7,175 annual premiumincluding TRIPRA)The Marine Umbrella Liability Insurance provides coverage excess ofthe Marine General Liability and the Protection & Indemnity Liabilitypolicies. The Marine Umbrella Liability insurance limit is $4 million peroccurrence and in the aggregate.

Total Premium for Components 1, 2, and 3 from 12/31/2018 to12/31/2019:

The expiring annual premium for the Patrol Boat is $26,233.

Starr has offered a non-binding renewal premium indication (indicationas versus firm renewal quote since it is more than 120 days in advance ofthe expiration date) subject to a new company-wide minimum premiumof $10,000 per policy and quoted with the same terms and conditions asexpiring. TSIB requested a renewal quote for another multiple-yearpolicy term. Starr offered a 24-month policy term from 12/31/2019-12/31/2021, to be billed in annual installments. The 24-month renewalpremium indication includes a new company-wide minimum premiumof $10,000 per policy (plus TRIPRA), or $30,750 annually. Theproposed 12-month renewal premium of $30,750 represents an annualincrease of $4,517 or an increase of 17.2% over the expiring annualpremium of $26,233. Starr Indemnity offered a renewal premiumindication for the Marine Program policies as follows:

Marine General Liability (24-month premium) $20,500Hull & Machinery including Protection & Indemnity $20,500(24-month premium)Marine Umbrella (24-month premium) $20,500

Total $61,500

Note: All premium indications above include TRIPRA. The 24-monthpolicy term will be billed in annual installments of $30,750.

Please note that the non-binding renewal indication for each of the threecomponent policies is subject to the following:

The renewal indication will be reviewed 90 days prior therenewal date;

The renewal indication may be withdrawn at any time prior toacceptance and in no event will it remain open beyond 30 days orthe effective, 12/31/2019, whichever comes first;

The renewal indication is strictly conditioned upon no materialchange in information provided to Starr. In the event of suchchange in the exposure or conditions, Starr may (at their solediscretion and whether or not this renewal indication has alreadybeen accepted by the Authority) modify and/or withdraw therenewal indication.

TSIB recommends that staff accept the proposed non-binding renewalindication from Starr Indemnity & Liability Insurance Company for the24-month policy term from 12/31/2019-12/31/2021 for the estimated

premium of $61,500 (including TRIPRA), net of commission, billed inannual installments of $30,750, for the Marine General Liability, Hull &Machinery, including Protection & Indemnity, and Marine UmbrellaLiability Insurance. Staff agrees with the recommendation.

SUMMARY: Amount: Approximately $61,500 for the 24-month term,billed in annual installments of $30,750,(Including TRIPRA); net of commission

Source of Funds: Revenue FundCapital Project #: N/AOperating Budget: DRPA Risk Mgt. Commitment 770190Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2021Other Parties Involved: Turner Surety & Insurance Brokerage (TSIB)

and Starr Indemnity and Liability InsuranceCompany


Board Date: October 16, 2019Renewal of Marine General Liability, Hull &

Machinery Including Protection & Indemnity, and MarineUmbrella Liability Insurance Policies

RESOLUTION

RESOLVED: That the Board authorizes staff to accept the non-binding proposed premiumindication for the 24-month policy term from incumbent, Starr Indemnity &Liability Insurance Company, for the Marine General Liability, Hull &Machinery, including Protection and Indemnity, and Marine Umbrella LiabilityInsurance Policies, for the policy term December 31, 2019 – December 31, 2021,at an estimated premium of $61,500, including TRIPRA; billed on annual basisin the amount of $30,750; net of commission; and be it further

RESOLVED: That the board recognizes that the proposed non-binding premium indicationfrom Starr Indemnity & Liability Insurance for each of the three componentpolicies is subject to the renewal indication to be reviewed 90 days prior therenewal date; the renewal indication may be withdrawn at any time prior toacceptance and in no event will it remain open beyond 30 days or the effectivedate of 12/31/2019, whichever comes first; and the renewal indication is strictlyconditioned upon no material change in information provided to Starr. In theevent of such change in the exposure or conditions, Starr may (at their solediscretion and whether or not this renewal indication has already been acceptedby the Authority) modify and/or withdraw the renewal indication, and be itfurther

RESOLVED: That the Chairman, Vice Chairman and the Chief Executive Officer mustapprove and are hereby authorized to approve and execute all necessaryagreements, contracts, or other documents on behalf of the DRPA. If suchagreements, contracts, or other documents have been approved by theChairman, Vice Chairman and Chief Executive Officer and if thereafter eitherthe Chairman or Vice Chairman is absent or unavailable, the remaining Officermay execute the said document(s) on behalf of DRPA along with the ChiefExecutive Officer. If both the Chairman and Vice Chairman are absent orunavailable, and if it is necessary to execute the said document(s) while they areabsent or unavailable, then the Chief Executive Officer shall execute suchdocuments on behalf of DRPA.

SUMMARY: Amount: Approximately $61,500 for the 24-month term,billed in annual installments of $30,750,(Including TRIPRA; net of commission

Source of Funds: Revenue FundCapital Project #: N/AOperating Budget: DRPA Risk Mgt. Commitment 770190Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2021Other Parties Involved: Turner Surety & Insurance Brokerage (TSIB)

and Starr Indemnity and Liability InsuranceCompany

SUMMARY STATEMENT


SUBJECT: Renewal of DRPA/PATCO Public Officialsand Employment Practices Liability Policyand Excess Public Officials andEmployment Practices Liability Policy

COMMITTEE: Finance



PROPOSAL: That the Board authorizes staff to bind the renewal of the Authority’s PublicOfficials and Employment Practices Liability policy with National Union FireInsurance Company of Pittsburgh PA (an AIG company). This policy would beplaced on a direct basis by our Broker/Consultant, Turner Surety & InsuranceBrokerage (TSIB).

Pursuant to DRPA-18-054, TSIB is paid a fixed annual service fee not-to-exceed$160,380, payable in quarterly installments of $40,095. In accordance with theterms of the Broker/Consultant Service Agreement, TSIB understands that nocommissions shall be paid on any insurance policies placed on DRPA’s behalf.Therefore, the proposed policy premium is net of commission.

TSIB marketed the Authority’s Public Officials and Employment PracticesLiability policy to the following carriers to secure the most competitivepremium:

• National Union Fire (incumbent) - Indication, pending signedapplication, $149,541 (incl. TRIPRA and NJ PLIGA tax) $10 millionlimit.

• ACE American - quoted, $191,323 (incl. TRIPRA& NJ PLIGA tax) - $15 millionlimit.

TSIB also marketed the Authority’s $5 million of excess limits with thefollowing carriers to secure the most competitive premium available:

• Markel American (incumbent) - quoted $44,767 (incl. TRIPRA &PLIGA tax)

• AIG - declined, could not provide limitsAbove $10 million

Pursuant to DRPA 18-105, the Board authorized TSIB to work with AmWINS,a wholesaler, to place the Markel American Excess $5 million policy.

Consistent with the current placement, AmWINS would receive a commissionfrom Markel American, but will not pay TSIB any commission, or anycontingent, supplemental or other forms of additional compensation.Therefore, the proposed policy premium is net of commission.

PURPOSE: To protect the DRPA and PATCO and its appointed public officials, includingdirectors, officers and employees, and the Citizens Advisory Committee fromthird-party claims against these insured persons/organization for wrongful acts oferrors, omissions, misstatements, neglect or breach of duty.

The policy also provides coverage to the DRPA and PATCO against claimsbrought by employees for alleged wrongful employment practices.

BACKGROUND: The premium for the 12-month term from December 31, 2018 to December31, 2019 for the National Union Fire (AIG) primary $10 million limit policyis $149,540 including the Terrorism Risk Insurance Program Act(TRIPRA) and the NJ Property-Liability Insurance Guaranty Association(NJ PLIGA) tax.

The premium for the 12-month term from December 31, 2018 to December31, 2019 for the Markel American excess $5 million limit policy, (sits over theNational Union $10 million limit policy) is $44,767 (including TRIPRA andthe NJ PLIGA tax). The total limits available for the Authority’s PublicOfficials and Employment Practices Liability is $15 million.

Both policies will expire on December 31, 2019.

The current National Union Fire policy has unlimited defense costs outsideof the limit of liability and an annual policy aggregate limit of $10 million,subject to the following sub-limits:

o $10 million for Public Officials Liability (“POL”); ando $10 million for Employment Practices Liability (“EPL”); ando $5 million sublimit for bond coverage

National Union does not provide a separate limit for EPL claims.The sub-limits are subject to the annual policy aggregate of $10 million.National Union will not offer a reinstatement of aggregate endorsement.

The $10 million aggregate policy is subject to the following Self-InsuredRetention (SIR) levels:

o $50,000 SIR for Public Officials; ando a separate $250,000 SIR for Employment Practices claims; ando a separate $100,000 SIR for bond-related claims

The National Union policy includes the Choice of Scheduled CounselEndorsement, which lists the panel of Pennsylvania and New Jerseyattorneys selected by the Legal department from the list of qualified lawfirms pursuant to DRPA-19-030, to provide defense for any claims filed

against DRPA/PATCO. Three of the firms are already on AIG’s panel.AIG has rate agreements in place with those firms; Cooper Levenson (NJ),Elliott Greenleaf (all offices), and Jackson Lewis (PA). The qualified lawfirms must agree to be in compliance with AIG’s Litigation ManagementGuidelines.

National Union uses estimated expenditures, among other factors, as a keyindicator used in the rating process in developing the premium for thePublic Official Liability policies. DRPA’s estimated expenditures for 2020are expected to increase from $301.4 Million to $304.9 Million.

The proposed National Union 12-month primary renewal indicationincludes a flat renewal, (no premium increase) for the same terms andconditions as the current policy. The 12-month proposed renewalindication from 12/31/2019-12/31/2020 is $149,541 (including TRIPRA andthe NJ PLIGA tax).

Markel American proposed a 12-month flat renewal premium, (noincrease in premium), for the additional $5 million in limits with the sameterms and conditions as the current Excess policy. The 12-month proposedrenewal premium from December 31, 2019 to December 31, 2020 is $44,767(including TRIPRA and the NJ PLIGA tax) for the additional $5 millionin limits, (which would be excess of the primary $10 million limits withNational Union) for a total limit of $15 million.

ACE American Insurance Company has proposed a $15 million limit ofliability and an annual aggregate limit of $15 million for the Authority’sPublic Officials and Employment Practices Liability with defense costsoutside the limit of liability but capped at $15 million.

As respects to ACE American’s fourteen (14) year loss history from theirPublic Officials/Employment Practices book of business, the following listincludes the eleven (11) largest claims, (rounded to the nearest $1000dollars, as of January 2019) and includes both defense and indemnity costs:

$1,397,000 (*largest claim)$ 986,000$ 942,000$ 750,000$ 704,000$ 670,000$ 604,000$ 566,000$ 544,000$ 513,000$ 504,000

*The largest claim is still well below the $15 million cap on defense costs.

Considering the Authority’s loss history below from the past five (5) years,TSIB agrees that the proposed ACE American $15 million limit andaggregate, subject to a defense cap of $15 million, represents an adequatelimit for both claims and defense costs under the proposed quote.

a total of 27 claims; 23 of which were EPL; and 4 were Public Officials Liability.

Employment Practice Liability (EPL) claims, are the majority of claimsfiled under Public Officials Liability policies, often resulting in front &back payments awards. The current National Union policy contains a 50%coinsurance clause which means DRPA pays 50% of the award. Incontrast, the ACE American proposed quote has no coinsurancerequirement for front & back pay.

ACE American has proposed the following sublimits for the policy:

o $15 million for Public Officials Liability (“POL”); ando $15 million for Employment Practices Liability (“EPL”);o $5 million sublimit for bond coverage

The $15 million aggregate policy is subject to the following Self-InsuredRetention (SIR) levels:

o $50,000 SIR for Public Officials; ando a separate $250,000 SIR for Employment Practices claims; ando a separate $100,000 SIR for bond-related claims

The ACE American proposed policy form has the following advantagesover the current National Union Fire policy:

o $15 million total limit of liability vs. National Union’s $10 millionlimit of liability. (elimination of the $5mil excess limits policy withMarkel American);

o ACE American’s settlement provision (hammer clause) is70% insurer’s obligation and 30% Authority’s obligation.National Union’s settlement provision is 50% and 50%;

o ACE American offers a $50,000 Crisis Management CoverageNational Union does not provide this coverage;’

o ACE American’s policy form does not contain a coinsurance clausefor front/back pay damages vs. National Union’s 50% coinsurancefor front/back pay damages;

o ACE American’s extended reporting period is 90 days vs. NationalUnion’s 60 days;

o ACE American has agreed to add an endorsement stating thatthere will be no increase in the renewal rate contingent uponDRPA’s revenues not exceeding a 10%, increase and;

o TSIB represents ACE American on a direct basis; (wholesaler,AmWINS of NJ would no longer be required for the $5 millionExcess placement with Markel American)

ACE American has agreed to approve the same panel of attorneys listed onthe National Union’s Choice of Scheduled Counsel Endorsement, includingthe three firms already on AIG’s panel; Cooper Levenson (NJ), ElliottGreenleaf (all offices), and Jackson Lewis (PA). The qualified law firms mustagree to be in compliance with ACE American’s Litigation ManagementGuidelines.

Although the terms and conditions of the ACE American quotation arefavorable, due to the ACE $15 million cap on defense costs versus NationalUnion’s unlimited defense costs outside of the limit of liability, staff agreesthat the renewal policy should be placed with National Union Fire (theincumbent).

Staff recommends that we accept the proposed 12-month primary renewalindication premium from incumbent, National Union Fire, which includes aflat renewal, (no premium increase) for the same expiring terms andconditions, for the policy term December 31, 2019 to December 31, 2020 atthe estimated premium of $149,541 (including TRIPRA and the NJ PLIGAtax); and the proposed 12-month $5 million in excess limits renewalpremium from incumbent, Markel Insurance Company, which includes a flatrenewal, (no premium increase) for the same expiring terms and conditions,for the policy term of December 31, 2019 to December 31, 2020 at theestimated premium of $44,767 (including TRIPRA and the NJ PLIGA tax).

The total policy limits will be $15 million for a total 12-month premium of$194,308. Both policies will include coverage for the volunteer members ofthe CAC.

Prior to binding coverage, National Union has the following subjectivities:

• The previously submitted National Union application is to be datedand signed by the CEO. The proposed indication is strictlyconditional upon no material changes in the previously submittedapplication (and attachments) occurring between July 19, 2019 (thedate of the quote) and December 31, 2019, the inception date of therenewal policy. In the event of any change in risk, National Unionmay in its sole discretion, whether or not this quote has been alreadyaccepted by the Authority, modify and/or withdraw this quote. Thequote will remain open until December 31, 2019.

SUMMARY: Amount: Approximately $194,308.00 (IncludingTRIPRA and the NJ PLIGA tax; net ofcommission)Primary Policy - $149,541.00Excess Policy - $ 44,767.00Total - $194,308.00


PATCO Commitment 770200Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2020Other Parties Involved: Turner Surety & Insurance

Brokerage (TSIB), and National UnionFire Insurance Company of Pittsburgh,AmWINS of Edison, New Jersey andMarkel American


Board Date: October 16, 2019Renewal of DRPA/PATCO Public Officialsand Employment Practices Liability Policy

RESOLUTION

RESOLVED: That the Board of Commissioners authorizes staff to accept the 12-month primaryrenewal policy indication premium quote from incumbent, National Union,for the DRPA/PATCO Public Officials & Employment Practices LiabilityInsurance Policy, including a $10 million limit per occurrence and in the aggregatewith defense costs outside the limit of liability; including coverage for the volunteermembers of the CAC, for the policy term of December 31, 2019 – December 31,2020, at an estimated premium of $149,541 including NJ PLIGA tax and TRIPRA,and net of commission; and be it further

RESOLVED: That the Board of Commissioners authorizes staff to accept the 12-monthexcess renewal policy quote from incumbent, Markel American, for $5 million inexcess limits of the National Union policy for the DRPA/PATCO Public Officials& Employment Practices Liability Insurance Policy, including coverage for thevolunteer members of the CAC, for the policy term of December 31, 2019 –December 31, 2020, at an estimated premium of $44,767 including NJ PLIGA taxand TRIPRA, and net of commission; and be it further

RESOLVED: That the Board of Commissioners authorizes AmWINS, Raritan Plaza I, 110Fieldcrest Avenue, Edison, New Jersey, 08837, as the Wholesale Broker for TSIB’splacement of this policy. AmWINS will receive commission from MarkelAmerican, but will not pay TSIB any additional income, including commission, orany contingent, supplemental or other forms of additional compensation; and be itfurther

RESOLVED: That the Chairman, Vice Chairman and the Chief Executive Officer must approveand are hereby authorized to approve and execute all necessary agreements,contracts, or other documents on behalf of the DRPA. If such agreements,contracts, or other documents have been approved by the Chairman, Vice Chairmanand Chief Executive Officer and if thereafter either the Chairman or Vice Chairmanis absent or unavailable, the remaining Officer may execute the said document(s) onbehalf of DRPA along with the Chief Executive Officer. If both the Chairman andVice Chairman are absent or unavailable and if it is necessary to execute the saiddocument(s) while they are absent or unavailable, then the Chief Executive Officershall execute such documents on behalf of DRPA.

SUMMARY: Amount: Approximately $194,308.00 (IncludingTRIPRA and the NJ PLIGA tax; net ofcommission)Primary Policy - $149,541.00Excess Policy - $ 44,767.00Total - $194,308.00


PATCO Commitment 770200Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2020Other Parties Involved: Turner Surety & Insurance

Brokerage, (TSIB), and National UnionFire Insurance Company of Pittsburgh,AmWINS of Edison, New Jersey andMarkel American

SUMMARY STATEMENT


SUBJECT: Renewal of the DRPA LawEnforcement/Police ProfessionalLiability Policy

COMMITTEE: Finance



PROPOSAL: That the Board authorizes staff to bind the renewal of the Authority’sLaw Enforcement/ Police Professional Liability policy. This policy isplaced by our Broker/Consultant, Turner Surety & InsuranceBrokerage (TSIB).

Pursuant to DRPA-18-054, TSIB is paid a fixed annual service fee of not-to-exceed $160,380.00 payable in quarterly installments of $40,095.00. Inaccordance with the terms of the Broker/Consultant Service Agreement,TSIB understands that no commissions shall be paid on any insurancepolicies placed on DRPA’s behalf.

This was a new policy placement effective December 31, 2018 for a one-year term. Last year, TSIB performed extensive marketing to ten (10)companies to secure the most competitive premium. In 2019, TSIBmarketed the Authority’s Law Enforcement/ Police ProfessionalLiability insurance to three (3) insurance companies:

• Greenwich Insurance Company – indication, $138,420.21 (incumbent)

• Brit (Lloyd’s of London) – declined, not competitive• Argo (Colony) – declined, not competitive

in price or policy form.

TSIB does not represent Greenwich Insurance Company (a member ofthe XL/Catlin Group) on a direct basis. Therefore, TSIB accessedGreenwich Insurance Company via the wholesale broker, AmWINS ofEdison, New Jersey. AmWINS will receive a commission fromGreenwich Insurance Company, but will not pay TSIB any commission,or any contingent, supplemental or other forms of additionalcompensation. Therefore, the proposed renewal policypremium is net of commission.

PURPOSE: To reduce the Authority’s financial exposure to loss by insuring againstthird-party Personal Injury, Bodily Injury and Property damage claimsthat may result or arise out of and is committed during the course andscope of law enforcement activities, actual or alleged act, error, oromission, neglect or breach of duty.

BACKGROUND: Pursuant to DRPA-18-109, the Board approved a new 12-month policyfrom December 31, 2018 to December 31, 2019 with GreenwichInsurance Company. The current Law Enforcement/Police ProfessionalLiability Policy will expire December 31, 2019.

The expiring premium for the $2 million per occurrence and aggregate is$138,420.21 (including the $395 annual engineering fee and the NJPLIGA tax), for the policy term December 31, 2018 to December 31,2019.

The Law Enforcement/Police Professional Liability policy providescoverage for Bodily Injury, Personal Injury or Property Damage claimsthat may result from law enforcement activities or operations and iscaused by a wrongful act while conducting those activities or operations.The occurrence form policy includes a $2 million limit for any oneoccurrence and is subject to a $2 million annual aggregate. The self-insured retention is $100,000 with loss and/or defense costs eroding theretention limit. Defense costs are outside of the limit of liability.

Coverage includes but is not limited to:

o Violation of civil rights;o Unlawful arrest;o Assault or battery;o Line of duty death coverage (family expenses and crisis

management expenses payable to the insured

The Greenwich Insurance policy includes a choice of counsel endorsement,which schedules the panel of Pennsylvania and New Jersey attorneysselected by the Legal department from the list of qualified law firmspursuant to DRPA-19-030, (including the board approved hourly rates) toprovide defense for any claims filed against DRPA/PATCO. The qualifiedlaw firms must agree to be in compliance with Greenwich’s LitigationManagement Guidelines.

When needed, Greenwich will consider the approval of additionalpanels as recommended from Legal.

The choice of counsel endorsement includes:

Brown & Connery (NJ) Parker McCay (NJ) Bennett, Bricklin, Saltzburg (PA) Elliott Greenleaf (PA)

Greenwich Insurance Company proposed the following renewalindication:

12-month policy, with the same policy terms and conditions at thesame expiring premium of $138,420.21; including the $395annual engineering fee and the NJ PLIGA tax.

Please note that the renewal indication is subject to the following:

• $395 annual engineering fee and;• Currently signed and dated REN APP 0417 application.

TSIB recommends that staff accept the proposed LawEnforcement/Police Professional Liability renewal indication from theincumbent, Greenwich Insurance Company, including the $2 million peroccurrence and $2 million aggregate, written on an occurrence form forthe 12-month policy term from 12/31/2019 to 12/31/2020 at the estimatedpremium of $138,420.21 (including the $395 annual engineering fee andthe NJ PLIGA tax); placed by TSIB using AmWINS of Edison, NJ as thewholesaler. AmWINS will receive a commission from GreenwichInsurance Company, but will not pay TSIB any commission, or anycontingent, supplemental or other forms of additional compensation.Therefore, the proposed renewal policy premium is net of commission.Staff concurs with this recommendation.

SUMMARY: Amount: $138,420.21 Annual est. premium(Including a $395 annual engineeringfee and the NJ PLIGA tax); net ofcommission

Source of Funds: Revenue Fund, General FundCapital Project #: N/AOperating Budget: DRPA/PATCO Risk Mgt. Commitment

#770175Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2020Other Parties Involved: Turner Surety & Insurance Brokerage,

Inc. (TSIB), Greenwich InsuranceCompany and AmWINS of NJ


Board Date: October 16, 2019Renewal of the DRPA Law Enforcement/Police Professional

Liability Policy

RESOLUTION

RESOLVED: That the Board of Commissioners authorizes staff to accept the proposed12-month renewal indication from incumbent, Greenwich InsuranceCompany (a member of the XL/Catlin Group), for the $2 million peroccurrence and $2 million aggregate limit, occurrence form LawEnforcement/Police Professional Liability policy, for the policy termDecember 31, 2019 to December 31, 2020, at an estimated premium of$138,420.21, (including a $395 annual engineering fee and the NJ PLIGAtax); net of commission; and be it further

RESOLVED: That the Board of Commissioners authorizes AmWINS of New Jersey,105 Fieldcrest Avenue, Edison NJ 08837, as the Wholesale Broker forthe placement of the renewal policy. AmWINS will receive commissionfrom Greenwich Insurance Company, but will not pay TSIB anyadditional income, including commission, or any contingent,supplemental or other forms of additional compensation; and be itfurther

RESOLVED: The Chair, Vice Chair and the Chief Executive Officer must approveand are hereby authorized to approve and execute all necessaryagreements, contracts, or other documents on behalf of the DRPA. Ifsuch agreements, contracts, or other documents have been approved bythe Chair, Vice Chair and Chief Executive Officer and if thereaftereither the Chair or Vice Chair is absent or unavailable, the remainingOfficer may execute the said document(s) on behalf of DRPA along withthe Chief Executive Officer. If both the Chair and Vice Chair are absentor unavailable and if it is necessary to execute the said document(s) whilethey are absent or unavailable, then the Chief Executive Officer shallexecute such documents on behalf of DRPA.

SUMMARY: Amount: $138,420.21 Annual est. premium(Including a $395 annual engineeringfee and the NJ PLIGA tax); net ofcommission

Source of Funds: Revenue Fund, General FundCapital Project #: N/AOperating Budget: DRPA/PATCO Risk Mgt. Commitment

#770175Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2020Other Parties Involved: Turner Surety & Insurance Brokerage, Inc.

(TSIB), Greenwich Insurance Company andAmWINS of NJ

SUMMARY STATEMENT


SUBJECT: Renewal of DRPA/PATCONetwork Security and Privacy LiabilityPolicy

COMMITTEE: Finance



PROPOSAL: That the Board authorizes staff to bind the renewal of the Authority’sNetwork Security and Privacy Liability, including Media Liabilitycoverage, commonly referred to as “Cyber Liability”. This policy isplaced by our Broker/Consultant, Turner Surety & InsuranceBrokerage (TSIB).

Pursuant to DRPA-18-054, TSIB is paid a fixed annual service fee ofnot-to-exceed $160,380.00 payable in quarterly installments of$40,095. In accordance with the terms of the Broker/ConsultantService Agreement, TSIB understands that no commissions shall bepaid on any insurance policies placed on DRPA’s behalf.

This was a new policy placement effective December 31, 2018 for aone-year term. In 2018, TSIB performed extensive marketing to six(6) companies to secure the most competitive premium. It should benoted that in 2018, we budgeted $175,000 for this policy. The policywas placed at the total annual premium of $128,438.00, representing asavings of $46,562.00.

PURPOSE: To reduce the Authority’s financial exposure to loss by insuringagainst the following costs that may result or arise out of a cyber ornetwork security or privacy breach or other unauthorized cyberevents.

BACKGROUND: Pursuant to DRPA-18-132, the Board approved a new 12-monthpolicy term from December 31, 2018 to December 31, 2019 with AlliedWorld National Assurance Company. The current Network Securityand Privacy Liability policy, including Media Liability will expireDecember 31, 2019.

The expiring premium for the $10 million primary limit is $78,438,for the policy term December 31, 2018 to December 31, 2019,including the NJ PLIGA tax.

The primary Cyber Liability policy has a $10 million aggregate limitwritten on a claims-made policy form. The policy insures for FirstParty and Third Party, losses and costs as follows:

First Party

1) Forensic investigation (i.e., costs for determining the cause andor impact of the cyber event);

2) Legal advice (i.e., costs to determine notification andregulatory obligations);

3) Business interruption (i.e., losses of profit and extra expensedue to network downtime);

4) Post data breach notification (i.e., costs for notifyingpotentially affected parties);

5) Credit monitoring (i.e., costs for providing credit monitoring topotentially affected parties);

6) Crisis management (i.e., costs for educating potentially affectedparties);

7) Reputational harm (i.e., costs for public relations expenses toaddress potential or actual reputational harm from cyberevent);

8) Cyber extortion (i.e., costs related to ransomware and othersimilar cyber events);

9) Cyber theft (i.e., computer fraud) funds transfer fraud, andsocial engineering fraud);

10) Data loss or destruction (i.e., costs related to the expense ofrepairing or replacing software damaged or renderedinaccessible by cyber event);

Third Party

1) Privacy liability: (i.e., defense costs, judgments, and orsettlements associated with claims brought by customers oremployees suffering a breach of privacy due to cyber event);

2) Data breach liability (i.e., defense costs, judgments and orsettlements arising out of claims related to data breachincidents, such as claims for statutory violations or common-law breach of contract or negligence claims);

3) Electronic media content liability (i.e., defense costs,judgments, and/or settlements arising out of trademark andcopyright claims related to the dissemination of electronicmaterials arising out of the cyber event or Web site mediacontent); and;

4) Regulatory response costs (i.e., costs for responding toregulatory inquiries relating to cyber event, including costsassociated with investigations, fines, and penalties).

Allied World National Assurance Company proposed the followingrenewal quotation:

12-month policy, with the same policy terms and conditions atthe same expiring premium of $78,438; including NJ PLIGAtax.

The claims-made retroactive date will remain as the original policyinception date of December 31, 2018. The policy contains a sixty (60)day extended reporting provision.

The defense costs are within the $10 million limit and erode the policylimit available to pay claims. The policy generally is subject to a$100,000 self-insured retention for each coverage type, except for theBusiness Interruption which is subject to a ten (10) hour waitingperiod. Should the Authority not agree to settle any claim, the policycontains a settlement provision clause, typically referred to as the“Hammer Clause”. This clause states that if the Insured does notconsent to a settlement acceptable to the claimant and the Insurer,then the Insurer’s liability moving forward will only be the amount ofthe proposed but rejected settlement, and 80% of any additional lossotherwise covered by the policy, with the Insured paying the 20%balance (co-insurance clause).

The first-party insuring agreements include, Incident ResponseCoverage (in addition to the $10 million aggregate limit of insurance),which includes the following sublimits (in addition to the totalaggregate $10 million limit):

Breach consultation $2,000,000Data Forensics $2,000,000Breach Response $ 500,000 (total sublimit)Public Relations $2,000,000

Additional Incident Response coverage sublimits included, (but NOTin addition to the $10 million aggregate limit of insurance) are:

PCI Expenses $10,000,000Network Extortion $10,000,000Data Restoration $10,000,000

Business Interruption (BI) and Extra Expense (EE) coverage $10million limit, subject to a waiting period of ten (10) hours, (part of thesame $10 million aggregate limit of the policy).

The following sublimits are also part of the same $10 millionaggregate limit of the policy:

System Failure BI $2,000,000 – 10 hour waiting period deductibleContingent BI $2,000,000 – 10 hour waiting period deductible

Supplemental Expenses $25,000 - Zero (0)retention for this coverage

The covered persons includes employees, both former and future,directors and officers, both former and future, partners, spouses,domestic partners, heirs, administrators, trustees, personalrepresentative and Additional Insureds as required by hold harmlessagreements. Covered persons also include “Commissioners” who arenot past, current, or future employees, officers, directors, or trusteesbut, “only while acting under the direction and control of the Insuredand within the scope of their duties and exclusively on behalf of theInsured.”

Listed below are some of the typical exclusions:

Criminal and fraudulent acts (covered under the Crime policy) Laptop/notebook computers and other mobile devices with the

exception if the data is encrypted BI/PD exception mental anguish/emotional distress Employment-related claim; exception privacy claims by

Employees Insured vs Insured; exception information security and privacy

liability Contractual; exception agreements to maintain confidentiality

of PII (personal identifiable information) Antitrust Unfair trade practices ERISA Patent, software, copyright infringement Mechanical/Electrical failure; exception if caused by insured’s

wrongful act or by denial of services attack Broadcasting/publishing; exception for dissemination of

company privacy policy Professional Services War, insurrection, nationalization, confiscation (terrorism

removed from exclusion) Failure to maintain minimum required security practices

The Allied World policy includes a pre-approved counselendorsement, which schedules the panel of Pennsylvania and NewJersey attorneys selected by the Legal department from the list ofqualified law firms pursuant to DRPA-19-030, (including theapproved hourly rates) to provide defense for any claims filed againstDRPA/PATCO. The qualified law firms must agree to be incompliance with Allied World’s Litigation Management Guidelines.

When needed, Allied World will consider the approval of additionalpanels as recommended from Legal.

The choice of counsel endorsement includes:

• Archer & Greiner (NJ)• Cooper Levenson (NJ)• Duane Morris (PA)• Stradley Ronon Stevens & Young, LLP (PA)

The renewal of the excess $10 million limit policy with Indian Harbor(a company of AXA XL) is proposed on the same “follow form excessbasis” of the Allied World policy. The defense costs are within the $10million policy limits and erode the policy limit available to pay claims.The excess policy will follow the terms, conditions, and policydefinitions of the primary policy with Allied World.

Indian Harbor proposed the following renewal quotation:

12-month policy, with the same policy terms and conditions atthe same expiring premium of $50,000.

TSIB recommends that staff accept the proposed primary CyberLiability renewal quote from the incumbent, Allied World NationalAssurance Company, including a $10 million primary limit, writtenon a claims-made policy form for the 12-month policy term fromDecember 31, 2019 to December 31, 2020 at the estimated premium of$78,438.00, including NJ PLIGA tax; and net of commission. Staffagrees with TSIB’s recommendation.

Furthermore, these same parties recommend that staff accept theproposed 12-month excess Cyber Liability policy, including a $10million excess limit, written on a claims made policy form with IndianHarbor Insurance Company (AXA XL company), for the policy termDecember 31, 2019 to December 31, 2020 at the estimated premium of$50,000 (not subject to the NJ PLIGA tax); and net of commission.

Staff concurs with this recommendation.

SUMMARY: Amount: Total: $128,438 Annual estimated premium(Including the NJ PLIGA tax); net ofcommission

Source of Funds: Revenue Fund and General Fund(PATCO portion)

Capital Project #: N/AOperating Budget: DRPA Risk Mgt. Commitment #770215

PATCO Risk Mgt. Commitment #770215Master Plan Status: N/AOther Fund Sources: N/A

Duration of Contract: December 31, 2019 to December 31, 2020Other Parties Involved: Turner Surety & Insurance Brokerage,

Inc. (TSIB), Allied World NationalAssurance Company, and Indian HarborIns. Company


Board Date: October 16, 2019Renewal of DRPA/PATCO Network Security

and Privacy Liability Policy

RESOLUTION

RESOLVED: That the Board of Commissioners authorizes staff to accept theproposed 12-month renewal quote from incumbent, Allied WorldNational Assurance Company, for the $10 million primary limit,claims-made Cyber Liability policy, for the policy term December 31,2019 to December 31, 2020, at an annual estimated premium of$78,438.00 (including the NJ PLIGA tax); net of commission; and beit further

RESOLVED: That the Board of Commissioners authorizes staff to accept theproposed 12-month renewal quote from incumbent, Indian HarborInsurance, for the $10 million excess limit claims made CyberLiability policy, for the policy term December 31, 2019 to December31, 2020, at an annual estimated premium of $50,000; net ofcommission; and be it further

RESOLVED: The Chair, Vice Chair and the Chief Executive Officer must approveand are hereby authorized to approve and execute all necessaryagreements, contracts, or other documents on behalf of the DRPA. Ifsuch agreements, contracts, or other documents have been approvedby the Chair, Vice Chair and Chief Executive Officer and if thereaftereither the Chair or Vice Chair is absent or unavailable, the remainingOfficer may execute the said document(s) on behalf of DRPA alongwith the Chief Executive Officer. If both the Chair and Vice Chairare absent or unavailable and if it is necessary to execute the saiddocument(s) while they are absent or unavailable, then the ChiefExecutive Officer shall execute such documents on behalf of DRPA.

SUMMARY: Amount: Total: $128,438 Annual estimated premium(Including the NJ PLIGA tax); net ofcommission


Capital Project #: N/AOperating Budget: DRPA Risk Mgt. Commitment #770215

PATCO Risk Mgt. Commitment #770215Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2020Other Parties Involved: Turner Surety & Insurance Brokerage, Inc.

(TSIB), Allied World National AssuranceCompany, and Indian Harbor InsuranceCompany

SUMMARY STATEMENT


SUBJECT: Renewal of DRPA/PATCOClaims Made Excess Liability Insurance Policy

COMMITTEE: Finance



PROPOSAL: That the Board authorizes staff to bind the renewal of the Authority’s ClaimsMade Excess Liability insurance policy. This policy is placed by ourBroker/Consultant, Turner Surety & Insurance Brokerage (TSIB).

Pursuant to DRPA-18-055, TSIB is paid a fixed annual service fee not-to-exceed $120,625.00, payable in quarterly installments of $30,156.25. Inaccordance with the terms of the Broker/Consultant Service Agreement, TSIBunderstands that no commissions shall be paid on any insurance policies placedon DRPA’s behalf. Therefore, the proposed policy premium is net ofcommission.

TSIB marketed the Authority’s Claims Made Excess Liability insurancepolicy to several insurance companies to secure the most competitivepremium.

TSIB marketed the coverage to the following companies:

• Lexington (incumbent) - Quoted $870,000 (including TRIPRA),Limit reduced from $25 mil to $10 mil;declined to offer alternate quotes forhigher limits over other carrier quotes

• Apollo Liability Consortium 9984 (a member of Lloyds of London)-Quoted, $395,000 (Incl. TRIPRA) @ $10

million in limits• Berkley Custom - Declined, minimum attachment $25 Mil• Colony - Declined, treaty exclusion• Gemini Ins. Company - Quoted $595,000 (including TRIPRA), at

$15 million in limits• Great American - Declined, could only participate excess of $25

million in limits• HCC - Declined, no risk appetite• Liberty - Declined, no risk appetite• Westchester - Declined, treaty exclusion

PURPOSE: To renew the required property and casualty insurances to reduce theAuthority’s exposure to loss and to insure against liability.

BACKGROUND: Pursuant to DRPA-18-107, the Board authorized staff to renew theAuthority’s Claims Made Excess Liability insurance policy effective December31, 2018 to December 31, 2019. The Claims Made Excess Liability policy is athird-party liability policy that provides coverage to DRPA and PATCO forlosses by reason of liability imposed by law or assumed under contract forclaims involving bodily injury, personal injury, property damage oradvertising injury. The current carrier is Lexington Insurance Company.The policy limits for the expiring Claims Made Excess Liability policy is $25million each accident/aggregate, subject to a $5 million self-insured retention.

The current Claims Made Excess Liability policy will expire December 31,2019. The December 31, 2018 to December 31, 2019 premium for the ClaimsMade Excess Liability Policy is $942,409.00 including Terrorism RiskInsurance Program Reauthorization Act (TRIPRA). The NJ Property-Liability Insurance Guaranty Association (NJ PLIGA) tax is not applicable tothis policy.

Lexington’s rating basis for determining the final premium is bridge traffic,bridge revenue and PATCO ridership numbers. The projected 2019 and2020 traffic (vehicle count), bridge revenue and PATCO ridership numberswere provided by Finance.

Policy Term 2018- 2019 2019- 2020Bridge Traffic 53,353,668 53,950,409Bridge Revenue $336,730,056 $337,661,298PATCO Ridership 10,600,000 10,700,000

TSIB advises that Lexington’s parent company, AIG, has issued a newcorporate mandate reducing policy limits and increasing rates across theboard on their book of business. This hard stance is affecting all currentpolicyholders with Lexington. AIG is content with the possibility of losinglong-term policyholders that are not receptive to these changes.

Lexington has offered the following renewal option for our consideration:

o A reduced limit of $10 million each accident/aggregate, down from$25 million; and

o A reduced renewal premium of $870,000 (including TRIPRA); ando No other changes to the policy terms and conditions from the

existing policy.

TSIB does not view Lexington’s proposed renewal terms and conditions asadvantageous for the Authority. From a premium standpoint, the proposedrenewal premium would be reduced from $942,409 to $870,000. However,the difference of $72,409 in premium is insufficient to purchase the additional

$15 million in limits from another company (at $4,800 per mil).

If the Authority were to accept the Lexington proposed renewal offer at $10million in limits @ $870,000 and then purchase an additional $15 million inlimits, TSIB estimates the cost to be an additional annual estimated premiumof $480,000. Therefore, the total costs to match the expiring limits of $25million would be approximately $1,350,000; which represents an increase of$407,591 from expiring ($942,409), or a 43% premium increase.

As an alternative, TSIB has secured two (2) optional quotes from two (2)different companies that will curb the renewal pricing for the full $25 millionlimits. Both options are very close to the expiring Lexington premium withminimal changes to the policy terms and conditions. TSIB is conducting apolicy form analysis and will negotiate the most favorable terms andconditions to match the expiring policy.

The alternative quotes are as follows:

Gemini Insurance Company

o $15 million in limits;o $595,000 estimated annual premium (including TRIPRA)

Apollo Liability Consortium 9984 (a member of Lloyds of London)

o$10 million in limits;o$395,000 estimated annual premium (including TRIPRA)

Total costs for $25 million in limits is $990,000 annually.The Gemini/Apollo layered placement would represent an increase of 5% or$47,591 from the expiring premium.

The A.M. Best rating for Gemini Insurance Company is A+, and financialsize is XV. This carrier is non-admitted, the same as Lexington.

The A.M. Best rating for Apollo Liability Consortium 9984 is A, andfinancial size is XV. This carrier is non-admitted, the same as Lexington.

TSIB does not represent Gemini or Apollo on a direct basis. Therefore, TSIBaccessed these companies via the wholesale broker, AmWINS of SatelliteBeach, FL. AmWINS will receive a commission from Gemini and Apollo butwill not pay TSIB any commission or any contingent, supplemental or otherforms of compensation.

TSIB recommends that staff accept the proposed 12-month Claims MadeExcess Liability quote offered by Gemini Insurance Company, including a$15 million each accident/aggregate, subject to a $5 million self-insuredretention, for the policy term December 31, 2019 to December 31, 2020, at theestimated total annual premium of $595,000 (including TRIPRA) and net ofcommission.

Furthermore, these same parties recommend that staff accept the proposed12-month Claims Made Excess Liability quote offered by Apollo LiabilityConsortium 9984 (a member of Lloyds of London), including a $10 millioneach accident/aggregate excess limit, subject to a $5 million self-insuredretention, for the policy term December 31, 2019 to December 31, 2020, at theestimated total annual premium of $395,000 (including TRIPRA) and net ofcommission.

Staff concurs with this recommendation.

The proposed policy term December 31, 2019 to December 31, 2020 isconcurrent with the four underlying policies for the term December 31,2019 to December 31, 2020. Staff agrees with this recommendation.

SUMMARY: Amount: Approximately $595,000 (Including TRIPRA andnet of commission);Approximately $395,000 (Including TRIPRA andnet of commission)



PATCO Admin. Commitment 770180Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2020Other Parties Involved: Turner Surety & Insurance Brokerage, (TSIB),

AmWINS of Satellite Beach, FL, GeminiInsurance Company and Apollo LiabilityConsortium 9984 (a member of Lloyds ofLondon)


Board Date: October 16, 2019Renewal of DRPA/PATCO Claims

Made Excess Liability Insurance

RESOLUTION

RESOLVED: That the Board of Commissioners authorizes staff to accept the proposed 12-month premium from Gemini Insurance Company, as the new carrier forthe Authority’s $15 million primary limit, Claims Made Excess Liabilitypolicy, for the policy term December 31, 2019 – December 31, 2020, for anestimated annual premium of $595,000 (including TRIPRA); net ofcommission; and be it further

RESOLVED: That the Board of Commissioners authorizes AmWINS of Satellite Beach,FL, as the Wholesale broker for the placement of this policy. AmWINS willreceive commission from Gemini Insurance Company, but will not pay anyadditional income to TSIB, including commission, or any contingent,supplemental or other forms of additional compensation; and be it further

RESOLVED: That the Board of Commissioners authorizes staff to accept the proposed 12-month premium from Apollo Liability Consortium 9984 (a member ofLloyds of London), as the new carrier for the Authority’s $10 million excesslimit, Claims Made Excess Liability policy, for the policy term December 31,2019 to December 31, 2020, for an estimated annual premium of $395,000(including TRIPRA); net of commission; and be it further

RESOLVED: That the Board of Commissioners authorizes AmWINS of Satellite Beach,FL, as the Wholesale broker for the placement of this policy. AmWINS willreceive commission from Apollo Liability Consortium 9984 (a member ofLloyds of London), but will not pay any additional income to TSIB,including commission, or any contingent, supplemental or other forms ofadditional compensation; and be it further

RESOLVED: The Chair, Vice Chair and the Chief Executive Officer must approve andare hereby authorized to approve and execute all necessary agreements,contracts, or other documents on behalf of the DRPA. If such agreements,contracts, or other documents have been approved by the Chair, Vice Chairand Chief Executive Officer and if thereafter either the Chair or Vice Chairis absent or unavailable, the remaining Officer may execute the saiddocument(s) on behalf of DRPA along with the Chief Executive Officer. Ifboth the Chair and Vice Chair are absent or unavailable and if it isnecessary to execute the said document(s) while they are absent orunavailable, then the Chief Executive Officer shall execute such documentson behalf of DRPA.

SUMMARY: Amount: Approximately $595,000 (Including TRIPRA andnet of commission);Approximately $395,000 (Including TRIPRAand net of commission)



PATCO Admins. Commitment 770180Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2020Other Parties Involved: Turner Surety & Insurance Brokerage,

AmWINS of Satellite Beach, FL, GeminiInsurance Company and Apollo LiabilityConsortium 9984 (a member of Lloyds ofLondon)

SUMMARY STATEMENT


SUBJECT: Age 65 & Over Retiree Medicare Part D PrescriptionBenefit – 2020 (DRPA/PATCO)

COMMITTEE: Finance Committee

COMMITTEE DATE: October 2, 2019

BOARD DATE: October 16, 2019

PROPOSAL: The current Medicare Part D prescription drug carrier for DRPA/PATCOretirees who are 65 and over and their eligible dependents (Medicare-eligible retirees and Medicare-eligible dependents) is Horizon Blue GroupRx.

Staff seeks authorization to accept the renewal from Horizon for plan year2019 which was delivered with a very favorable -2.1% decrease.

PURPOSE: To continue to provide a quality and enhanced Medicare Part DPrescription Drug benefit plan for DRPA/PATCO Medicare-eligibleretirees and Medicare-eligible dependents.

BACKGROUND: Historically, the DRPA/PATCO has provided a comprehensive benefitspackage to its eligible retirees, and their eligible dependents. Traditionally,the benefit package has included medical and prescription drug coverage.

In plan year 2019, the Medicare Part D monthly premium for Medicare-eligible retirees and Medicare-eligible dependents was $78.99 PMPM; in planyear 2020, the Medicare Part D monthly premium will decrease to $77.32PMPM.

Horizon’s Medicare Part D Prescription Drug Plan, provides retail and mailorder copays as shown below until the total drug cost of $4,020 has beenreached (this includes both the retiree’s payments plus the Part D plan’spayments). Retirees are then responsible for 25% of brand name drug costsand copays shown below for generic drugs.

Horizon offered a benefit enhancement in 2019 providing an opportunity forretirees to reduce their copays by using Horizon’s preferred pharmacynetwork, which includes pharmacies such as CVS and Walmart. Forexample, a retiree could reduce their generic co-pay from $10 to $3 byselecting a preferred pharmacy. The chart below shows the co-pays up to theCoverage Gap level for the Horizon Enhanced Plan. The Standard copaysremain unchanged from 2018.

Preferred 1 StandardGeneric $3 $10Brand $13 $20Non-Preferred Brand $28 $35Specialty $35 $35

The mail order co-pays up to the Coverage Gap level for the Horizon

Enhanced Plan remain unchanged at:

Mail OrderGeneric $20Brand $40Non-Preferred Brand $70Specialty N/A

The plan also provides catastrophic coverage protection. Once the retireepays $6,350, including copayments or cost share and 50% pharmaceuticaldiscounts, then the retiree pays the greater of 5% co-insurance or co-pays of$3.60 for generics and $8.95 for all other drugs, but not to exceed the plan’scopays throughout the year (i.e., $70 is the most they could pay on any Rx.)

The estimated annual premium for 2020 for the Horizon Medicare Part DPrescription Plan will be approximately $593,818, which is an estimateddecrease of -2.1%.

Summary: Amount: Estimated annual premium: $593,817.60In plan year 2020, the projected monthlypremium for each individual retiree within thisgroup will be $77.32 (reduced further for thosewho qualify for the Low Income Subsidy).(Note – This covers both DRPA and PATCO).This annual rate is based upon our currentDRPA/PATCO census of retirees who are 65 &over and their eligible dependents who are 65and over, but is subject to change as our censusof eligible retirees and eligible dependentschanges.)

Source of Funds: Revenue Fund, General FundCapital Project #: N/AOperating Budget: DRPA/PATCO Employee Services ExpenseMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: One Year – January 1, 2020 to December 31,

2020Other Parties Involved: Horizon BCBS

1 Preferred Pharmacy network includes CVS, Walmart and other pharmacies.


Board Date: October 16, 2019Age 65 & Over Retiree Medicare Part D

Prescription Benefit 2020 (DRPA/PATCO)

RESOLUTION

RESOLVED: That the Board of Commissioners of the Delaware River Port Authorityauthorizes staff to contract with Horizon Medicare Blue Group Rx for theprovision of a Medicare Part D Prescription Drug plan for age 65 andover retirees, and their eligible dependents (age 65 and over); and be itfurther

RESOLVED: That the Board of Commissioners of the Delaware River Port Authorityrecognizes that in plan year 2020, the projected monthly premium ratefor this group of retirees will be $77.32 (reduced for retirees who qualifyfor the Low Income Subsidy); and be it further

RESOLVED: That the Board of Commissioners of the Delaware River Port Authorityauthorizes staff to contract with Horizon Medicare Blue Group Rx for theprovision of a Medicare Part D Prescription drug plan for age 65 and overretirees, their eligible dependents (age 65 and over) for a renewal that is -2.1% lower than the current annual premium, which result in anestimated annual premium of $593.817.60 (an approximate decrease of$12,825.60); and be it further

RESOLVED: That the Board of Commissioners of the Delaware River Port Authorityrecognizes that the annual rate is based upon the Authority’s currentcensus of retirees who are 65 and over and their eligible dependents whoare 65 and over, but is subject to change as our census of eligible retireesand eligible dependents changes; and be it further

RESOLVED: That staff is authorized to work with the DRPA/PATCO’s Third PartyAdministrator (Benefit Harbor and HRSimplified) to begin the OpenEnrollment Process for the 2020 Plan Year; and be it further

RESOLVED: The Chair, Vice Chair and the Chief Executive Officer must approve andare hereby authorize to approve and execute all necessary agreements,contracts, or other documents on behalf of the DRPA/PATCO. If suchagreements, contracts, or other documents have been approved by theChair, Vice Chair and Chief Executive Officer, and if thereafter, eitherthe Chair or Vice Chair is absent or unavailable, the remaining Officermay execute the said document(s) on behalf of the DRPA/PATCO, alongwith the Chief Executive Officer. If both the Chair and Vice Chair areabsent or unavailable, and if it is necessary to execute the saiddocument(s), while they are absent or unavailable, the Chief ExecutiveOfficer shall execute such document(s) on behalf of the DRPA /PATCO.

SUMMARY: Amount: Estimated annual premium: $593,817.80; Inplan year 2020, the projected monthly premiumrate for this group of retirees will be $77.32(reduced for retirees who qualify for the LowIncome Subsidy.)(Note – This covers both DRPA and PATCO).This annual rate is based upon our currentDRPA/PATCO census of retirees who are 65 &over and their eligible dependents who are 65and over, but is subject to change as our censusof eligible retirees and eligible dependentschanges.)

Source of Funds: Revenue Fund, General FundCapital Project #: N/AOperating Budget: DRPA/PATCO Employee Services ExpenseMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: One Year – January 1, 2020 to December 31,

2020Other Parties Involved: Horizon BCBS

OPERATIONS & MAINTENANCE

COMMITTEE

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DELAWARE RIVER PORT AUTHORITYOperations & Maintenance Committee Meeting

One Port Center2 Riverside Drive

Camden, New JerseyTuesday, October 8, 2019

Commissioners:Albert Frattali, Chairman of the Operations & Maintenance CommitteeAngelina PerrymanCharles FentressBruce GarganioRobert Borski (for Pennsylvania Treasurer Joseph Torsella; via telephone)Richard Sweeney (departed meeting at 9:30 a.m.)Joseph MartzChairman Ryan Boyer (joined meeting at 9:23 a.m.)

DRPA/PATCO Staff:Maria Wing, Deputy Chief Executive OfficerRaymond J. Santarelli, General Counsel and Corporate SecretaryNarisa Sasitorn, Deputy General CounselSteven Holden, Deputy General CounselGerald Faber, Assistant General CounselKathleen Vandy, Assistant General CounselCharles Cunningham, Director of Homeland SecurityMichael Venuto, Chief EngineerDavid Aubrey, Inspector GeneralJack Stief, Chief, Public SafetyMike Reher, Sergeant, Public SafetyAmy Ash, Manager, Contract AdministrationLarry Walton, Bridge Director, WWB & CBBJoe McAroy, Bridge Director, BFB & BRBJohn Rink, General Manager, PATCORohan Hepkins, Assistant General Manager, PATCORobert Hicks, Chief Operating OfficerSteve Reiners, Director, Fleet ManagementMichael Williams, Manager, Corporate CommunicationsSusan Bond, Engineering Program AnalystElizabeth Saylor, Administrative Coordinator, OGC

Others Present:Craig Ambrose of the New Jersey Governor’s Authorities Unit (via telephone)Nedia Ralston, Director Governor’s Southeast Regional Office (via telephone)Alan Becker, Citizens’ Advisory Committee

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CALL TO ORDER

Committee Chairman Frattali called the meeting of the Operations & Maintenance Committee ofthe Delaware River Port Authority to order at 9:05 a.m. and asked the Corporate Secretary to callthe roll.

ROLL CALL

The following Commissioners were present, constituting a quorum: Frattali, Perryman, Fentress,Sweeney, Martz, Garganio, Borski and Boyer.

OPEN SESSION

A. Summary Statements and Resolutions for Consideration

Committee Chairman Frattali stated that there were eight (8) Summary Statements and Resolutionsfor the Committee.

1) DRPA-19-106 Contract No. CB-48-2016, 4th Street Garage Repair of Columns andBents with Cathodic Protection System.

Chief Engineer Venuto presented a Summary Statement and Resolution that the Board authorizestaff to negotiate a construction contract with the firm of IEW Construction Group, Inc. to performrepairs of columns and bents using cathodic protection at the 4th Street Garage (Contract No. BF-48-2016) in an amount not to exceed $6,200,185.40. Commissioner Fentress moved to forward thematter to the Board for consideration and Commissioner Martz seconded the motion. There were noquestions or comments. All Commissioners in attendance voted to approve the motion.

2) DRPA-19-107 Construction Monitoring Services for Contract No. CB-48-2016, 4thStreet Garage Repair of Columns and Bents with Cathodic Protection System

Chief Engineer Venuto presented a Summary Statement and Resolution that the Board authorizestaff to negotiate an agreement with KS. Engineers, P.C. to provide construction monitoring servicesfor Contract No. BF-48-2016 (repair of columns and bents with cathodic protection at the 4th StreetGarage) in an amount not to exceed $614,776.00. Commissioner Fentress moved to forward thematter to the Board for consideration and Commissioner Sweeney seconded the motion. There wereno questions or comments. All Commissioners in attendance voted to approve the motion.

3) DRPA-19-108 Design Services for PATCO Philadelphia Tunnel Cable andSubstation Equipment Replacement

Chief Engineer Venuto presented a Summary Statement and Resolution that the Board authorizestaff to negotiate an agreement with Gannett Fleming Transit & Rail Services to provide designservices for the PATCO Philadelphia Tunnel Cable and Substation Equipment Replacement Projectin an amount not to exceed $1,649,818.80. Commissioner Fentress moved to forward the matter tothe Board for consideration and Commissioner Sweeney seconded the motion. There were noquestions or comments. All Commissioners in attendance voted to approve the motion.

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4) DRPA-19-109 Procurement and Delivery of Highway Rock Salt for DRPA andPATCO Facilities

Bridge Director McAroy presented a Summary Statement and Resolution that the Board authorizestaff to negotiate a contract with Morton Salt, Inc. for the purchase of 530 tons of roadway salt for aperiod of one year. This purchase will be in accordance with New Jersey State Contract Number T-0213, in an amount not to exceed $324,041.00. There was one question concerning calculation ofthe amounts needed. Commissioner Fentress moved to forward the matter to the Board forconsideration and Commissioner Martz seconded the motion. There were no additional questionsor comments. All other Commissioners in attendance voted to approve the motion.

5) DRPA-19-110 Fiber Interconnection System Agreement

Director of Homeland Security Cunningham presented a Summary Statement and Resolution thatthe Board authorize staff to enter a three (3) year agreement with PennDOT (which shallautomatically extend thereafter for one (1) year periods unless terminated by either party) for thepurpose of inter-agency and regional information sharing (including but not limited to video andtraffic data) in the furtherance of real time, efficient, effective incident management and evacuationcoordination referred to as “FIBER INTERCONNECTION SYSTEM”. Also, to continue the fiberoptic connections, via fiber optic cables between the DRPA and PennDOT and the “Ethernet Ring”between all DRPA bridge facilities therefore allowing real time video and data sharing betweenDRPA, PennDOT and NJDOT. Commissioner Fentress moved to forward the matter to the Boardfor consideration and Commissioner Martz seconded the motion. There were no questions orcomments. All other Commissioners in attendance voted to approve the motion.

6) DRPA-19-103 Fuel Contract for DRPA and PATCO

Director of Fleet Management Reiners presented a Summary Statement and Resolution that theBoard authorize staff to negotiate a contract with Riggins, Inc. for the purchase of unleaded gasoline,low-sulfur automotive diesel fuel, diesel 2% biofuel and low-sulfur heating fuel oil for a period ofone year, in an amount not to exceed $750,000.00. Commissioner Garganio moved to forward thematter to the Board for consideration and Commissioner Sweeney seconded the motion. There wereno additional questions or comments. All other Commissioners in attendance voted to approve themotion.

7) DRPA-19-105 Public Safety 800 MHz Radio Upgrade Project

Sergeant Reher presented a Summary Statement and Resolution that the Board authorize staff tonegotiate an agreement with Tactical Public Safety for the purchase of new Harris CommunicationsP25 compliant 700-800 MHz radios, accessories and signal coverage. This equipment will bepurchased as necessary to add, upgrade and replace the current radio system equipment and end-userequipment and accessories. The radio replacement project is under NJ State Contract is T-0109(award #83932) in an amount not to exceed $248,541.25. Commissioner Martz inquired if this wasfor replacement or additional equipment. Sergeant Reher responded that, with the changes inoperating systems, this equipment will be additional and eventually replace the older equipmentwhen the next phase in the coming year is complete. Mr. Rink added that the equipment will alsofill in “dead areas”. Commissioner Fentress moved to forward the matter to the Board forconsideration and Commissioner Sweeney seconded the motion. There were no additional questionsor comments. All other Commissioners in attendance voted to approve the motion.

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8) PATCO-19-024 PATCO- Rental Uniforms and Laundry Services

General Manager Rink presented a Summary Statement and Resolution that the Board authorizestaff to negotiate a contract with UniFirst Uniform Corporation to furnish and launder rentaluniforms, supply uniform storage lockers, and furnish and clean door and floor mats for a period ofthree (3) years with a one- (1) year renewal in an amount not to exceed $470,815.52. CommissionerFentress moved to forward the matter to the Board for consideration and Commissioner Perrymanseconded the motion. There were no questions or comments. All other Commissioners in attendancevoted to approve the motion.

GENERAL DISCUSSION

Committee Chairman Frattali stated that there were three (3) items for general discussion.

1. Chief Engineer Venuto discussed the DRPA/DRWC Agreement for Removal ofPennsylvania Tram Tower. The DRWC will include the demolition of the Tram Towers inthe cost of other projects they will be completing on the waterfront. The DRWC will includeDRPA’s project as a line item in its bidding documents, which will provide DRPA with theexact cost. The object is to enter into a reimbursement agreement with DRWC for the costof the tram structure removal. The results of the bid will be presented at a later time to theCommittee and the Board for authorization and approval. The DRPA will not be obligatedto accept any bid on its line item; if it does not, DRPA will then bid out the project on itsown.

2. Chief Engineer Venuto discussed the following Change Orders:

a) Contract No. 0017-0004, PATCO Switch Rail Grinding Profile.

General Manager Rink explained that this was the first and final Change Order withRailroad Construction Company relating to the original contract amount of$1,311,575.00, of which there will be a deduction of $31,946.15 to adjust the contractamount to $1,279,628.85. This change order adds to the profile for grinding of therails and adds an additional 57 calendar days to complete the project as a result ofstorm-related delays. Commissioner Martz asked for an explanation of grinding ofthe rails. Mr. Rink stated that it is a machine that grinds the rails to create a smoothersurface and, in turn, the trains maintain a smoother ride.

b) Contract No. 11-G, PATCO SCADA-CTC Office System Upgrade.

Chief Engineer Venuto explained that this a no cost Change Order to the project. Theoriginal contract amount was $1,848,680.00. There will be 200 calendar days addedto the project to allow for the contractor to complete system testing that is requiredby the Authority. This testing cannot start until after the system cuts over to thePATCO system.

3. Chief Engineer Venuto reported that the Authority received the NJ DOT & NJ Bicycle &Pedestrian Resource Center, NJ Complete Streets Excellence Award for the Ben FranklinBridge South Walkway Bicycle & Pedestrian Ramp that was recently completed.

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4. Chief Engineer Venuto reviewed a Capital Project Update that was distributed to theCommittee during the meeting. Drafted by Susan Bond, Engineering Program Analyst, theUpdate highlights ongoing projects, completed projects and future projects.

EXECUTIVE SESSION

Committee Chairman Frattali announced that the Committee would meet in Executive Session andrequested that Corporate Secretary Santarelli provide a description of the matters to be discussed.Mr. Santarelli stated that the general subjects to be discussed in Executive Session concernedmatters relating pending or anticipated contract negotiations. Commissioner Fentress moved tomeet in Executive Session and Commissioner Martz seconded the motion. All Commissioners inattendance voted to approve the motion and the committee meeting moved into Executive Sessionat 9:35 a.m.

The Committee met in Executive Session.

Commissioner Martz moved to close Executive Session and Commissioner Garganio seconded themotion. All Commissioners in attendance voted to approve the motion and the committee meetingmoved back into Open Session at 9:48 a.m.

OPEN SESSION

ADJOURNMENT

With no further business, Commissioner Fentress moved to adjourn the meeting and CommissionerPerryman seconded the motion. All Commissioners in attendance voted to approve the motion andthe meeting adjourned at 9:50 a.m.

SUMMARY STATEMENT


SUBJECT: Contract No. BF-48-2016, 4th StreetGarage – Repairs of Columns and Bentswith Cathodic Protection System

COMMITTEE: Operations & Maintenance



PROPOSAL: That the Board authorizes staff to negotiate a construction contractwith the firm of IEW Construction Group, Inc. to perform the 4th

Street garage - Repairs of Columns and bents using Cathodicprotection system.

Amount: $6,200,185.40

Contractor: IEW Construction Group, Inc.75 Sculptors WayHamilton, New Jersey 08619

Other Bidders: AP Construction Inc. $6,869,748.00JPC Group, Inc. $7,062,976.50South State, Inc. $10,126,263.00

Engineers Estimate: $5,941,817

MBE/WBE Goals: MBE: 8%WBE: 4%

Contractor ProposedMBE/WBE Commitments: MBE: 8%

WBE: 4%

PURPOSE: To perform repairs of columns and bents using cathodic protection atBen Franklin Bridge

BACKGROUND: The work includes the installation of Cathodic Protection System forthe columns and bents adjacent to the PATCO tracks, concrete spallrepairs, pressure injection of concrete cracks, full reconstruction orrepairs to the concrete pedestals below the steel columns adjacent tothe PATCO tracks. Shielding for the PATCO tracks for work

adjacent to PATCO tracks is required and all utilities encounteredduring construction must be temporarily supported by the contractor.The Work inside the garage includes concrete spall repairs andpressure injection of concrete cracks, including therepair/replacement of existing steel reinforcement as necessary.

The project was publicly advertised and bid documents were offeredto the public beginning on August 1, 2019 with a bid opening date ofSeptember 12, 2019. Seventeen (17) sets of documents were requested.A total of Four (4) bids were received. The low responsive andresponsible bid was submitted by IEW Construction Group, Inc. inthe amount of $6,200,185.40.

Staff has completed the evaluation of bids and recommends that thecontract be awarded to IEW Construction Group, Inc., in the amountof $6,200,185.40 as the low responsive and responsible bidder.

SUMMARY: Amount: $6,200,185.40Source of Funds: 2018 A Revenue BondsCapital Project #: BFB 01502Operating Budget: N/AMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: 240 calendar daysOther Parties Involved: N/AEstimated Number ofJobs Supported: 186

DRPA-19-106Operations & Maintenance Committee: 10/8/2019

Board Date: 10/16/19Contract No. BF-48-2016,

4th Street Garage – Repairs of Columns andBents with Cathodic Protection System

RESOLUTION

RESOLVED: That the Board of Commissioners of the Delaware River Port Authorityaccepts the bid of $6,200,185.40 to perform concrete repair using cathodicprotection, and that the proper officers of the Authority be and hereby areauthorized to negotiate a contract with IEW Construction Group, Inc. forthe required work in an amount not to exceed $6,200,185.40, as per theattached Summary Statement; and be it further

RESOLVED: The Chairman, Vice Chairman and the Chief Executive Officer mustapprove and are hereby authorized to approve and execute all necessaryagreements, contracts, or other documents on behalf of the DRPA. If suchagreements, contracts, or other documents have been approved by theChairman, Vice Chairman and Chief Executive Officer and if thereaftereither the Chairman or Vice Chairman is absent or unavailable, theremaining Officer may execute the said document(s) on behalf of DRPAalong with the Chief Executive Officer. If both the Chairman and ViceChairman are absent or unavailable, and if it is necessary to execute thesaid document(s) while they are absent or unavailable, then the ChiefExecutive Officer shall execute such documents on behalf of DRPA.

SUMMARY: Amount: $6,200,185.40.Source of Funds: 2018 A Revenue BondsCapital Project #: BFB 01502Operating Budget: N/AMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: 240 calendar daysOther Parties Involved: N/AEstimated Number of 186Jobs Supported:

SUMMARY STATEMENT


SUBJECT: Construction Monitoring Services forContract No. BF-48-2016, 4th StreetGarage Repair of Columns and Bentswith Cathodic Protection System

COMMITTEE: Operations and Maintenance



PROPOSAL: That the Board authorizes staff to negotiate an agreement with KS.Engineers, P.C. to provide Construction Monitoring Services forContract No. BF-48-2016, 4th Street Garage Repair of Columns andBents with Cathodic Protection System.

Amount: $614,776.00

Consultant: KS Engineers, P.C.35 South 3rd StreetPhiladelphia, PA 19106

Other Consultants: Engineer Design Technologies, Inc.

Engineers Estimate: $574,611.00

MBE/WBE Goals: MBE/WBE: 5%

Consultant ProposedMBE/WBE Commitments: MBE/WBE: 88%

PURPOSE: To provide full-time, on-site construction inspection and monitoringservices for Contract No. BF-48-2016 4th Street Garage Repair ofColumns and Bents with Cathodic Protection System. The services willinclude a full-time Inspector and part time Resident Engineer forinspecting all contract field activities and monitoring the contractor’scompliance with the plans and specifications.

BACKGROUND: The work to be completed under Contract No. BF-48-2016 consists ofinstallation of cathodic protection in the 4th Street Garage.

The Authority publicly advertised its intent to retain a consultant andinvited interested firms to submit Statements of Qualifications. Two(2) firms responded with Statements of Qualifications on June 6, 2017.Two (2) firms were deemed qualified and were sent a formal Requestfor Proposal. A review committee of three (3) staff engineers evaluatedthe Proposals on the basis of Technical merit.

KS Engineers, P.C. was the highest technically ranked firm. Theproposed Project Manager has previous experience with rehabilitationprojects and has been very responsive on past DRPA projects. Theproposed Project Manager has over 40 years of experience in similarconstruction monitoring and inspection projects. K.S. Engineer’sInspection Team has many years of experience inspecting monitoringand inspecting the installation of cathodic protection systems. Overall,the team assembled by K.S. Engineers, P.C. was found to possess thenecessary experience and qualifications to successfully complete theproject.

In accordance with the Delaware River Port Authority’s qualificationbased selection procedure, the Price Proposal was evaluated against theEngineer’s Estimate and that of other recommended firms. Based onthis evaluation and subsequent negotiation, K.S. Engineer’s price wasdetermined to be fair and reasonable.

It is recommended that an engineering services agreement benegotiated with K.S. Engineers, P.C. for the costs and associated feesnot to exceed $614,776.00 to provide engineering services in accordancewith the Request for Proposal.

SUMMARY: Amount: $ 614,776.00Source of Funds: 2018A Revenue BondCapital Project #: BFB.01502Operating Budget: N/AMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: 300 Calendar DaysOther Parties Involved: N/AEstimated Number ofJobs Supported: 2

DRPA-19-107Operations and Maintenance Committee: October 8, 2019

Board Date: October 16, 2019Construction Monitoring Services for

Contract No. BF-48-2016, 4th Street Garage Repairof Columns and Bents with

Cathodic Protection System

RESOLUTION

RESOLVED: That the Board of Commissioners of the Delaware River Port Authorityaccepts the Proposal of K.S. Engineers, P.C. to provide ConstructionMonitoring Services for Contract No. BF-48-2016 4th Street Garage Repairof Columns and Bents with Cathodic Protection System and that the properofficers of the Authority be and hereby are authorized to negotiate anAgreement with K.S. Engineers, P.C. for an amount not to exceed 614,776.00as per the attached Summary Statement; and be it further

RESOLVED: The Chairman, Vice Chairman and the Chief Executive Officer mustapprove and are hereby authorized to approve and execute all necessaryagreements, contracts, or other documents on behalf of the DRPA. If suchagreements, contracts, or other documents have been approved by theChairman, Vice Chairman and Chief Executive Officer and if thereaftereither the Chairman or Vice Chairman is absent or unavailable, theremaining Officer may execute the said document(s) on behalf of DRPAalong with the Chief Executive Officer. If both the Chairman and ViceChairman are absent or unavailable, and if it is necessary to execute the saiddocument(s) while they are absent or unavailable, then the Chief ExecutiveOfficer shall execute such documents on behalf of DRPA.

SUMMARY: Amount: $614,776.00Source of Funds: 2018A Revenue Bond BondsCapital Project #: BFB.01502Operating Budget: N/AMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: 300 Calendar DaysOther Parties Involved: N/AEstimated Number ofJobs Supported: 2

MEMORANDUM

TO: O&M Committee Members

FROM: Michael P. Venuto, Chief Engineer

SUBJECT: Professional Service Selection forConstruction Monitoring Services for DRPA Contract No. BF-48-20164th Street Garage Repair of Columns and Bents with Cathodic Protection SystemTechnical Proposal Evaluation, Findings and Recommendation Report

DATE: August 15, 2019

The Request for Qualifications (RFQs), which was posted on the Authority’s web-site, invitedconsultants to submit Statements of Qualifications (SOQs). Two (2) firms submitted SOQs onJune 6, 2017.

Policy 303a outlines the procedure for Request for Proposal selection of consultants by theEngineering Department. The SOQ evaluation serves as a method for developing a “short list” offirms to receive a Request for Proposal (RFP). The Review Committee evaluated the SOQ’s andrecommended soliciting Technical and sealed Price Proposals from the top ranked firms:

Engineering Design Technologies, Inc.K.S. Engineers, P.C.

The short listed firms were sent a RFP on June 22, 2017. The Technical Proposals and separatesealed Price Proposals were received on July 20, 2017 from Engineer Design Technologies, Inc.and K.S. Engineers, P.C. The Review Committee, consisting of three (3) staff engineers, reviewedand evaluated the Technical Proposals.

K.S. Engineers, P.C. was the highest technically ranked firm. The proposed Project Manager hasprevious experience with construction monitoring and inspection projects and has been veryresponsive on past DRPA projects. The proposed Cathodic Protection Specialist has over 34 yearsof experience in similar cathodic protection installation projects. They have worked on cathodicprotection projects for the Army, NJ Turnpike Authority, and Delaware River Joint Toll BridgeCommission. Overall, the team assembled by K.S. Engineers, P.C. was found to possess thenecessary experience and qualifications to successfully complete the project.

The Review Committee recommended that the Price Proposal be opened and negotiationscommence using other recommended firm’s Price Proposals and the Engineer’s Estimate in theamount of $574,611.00 as a guide. Price Proposals were opened on September 11, 2017.


of Pennsylvania & New Jersey

Below are the Technical Proposal rankings, proposed hours and fees of these firms, along with theEngineer’s estimate of hours.

Rank Firm HoursOriginal Price

ProposalNegotiated

Hours FeeEngineer’s Estimate 3348 $541,626.00

1 K.S. Engineers, P.C. 6160 $896,460.03 4246 $614,776.002 Engineering Design

Technologies, Inc.1952 $476,913.65

The Price Proposal from the highest technically ranked firm, K.S. Engineers, P.C. dated July 20,2017 was reviewed by Engineering Department staff. It was observed to be 65% higher than theEngineer’s Estimate. This was a result of K.S. Engineers, P.C. significantly overestimating thenecessary inspection time. Negotiations commenced which resulted in a final Price Proposal in anamount of $614,776.00. Based on the Review Committee’s findings the Price Proposal of K.S.Engineers, P.C. has been determined to be fair and reasonable and therefore the committeerecommends that an Engineering Services Agreement be issued to the highest technically ranked firm,K.S. Engineers, P.C..

Based on a review of the Review Committee’s evaluation and supporting documentation, I concur

with the recommendation to engage K.S. Engineers, P.C. of Philadelphia, PA in the amount of

$614,776.00 for this Agreement.

:jjs

SUMMARY STATEMENT

ITEM NO. DRPA-19-108

SUBJECT: Design Services for PATCO PhiladelphiaTunnel Cable and Substation EquipmentReplacement




PROPOSAL: That the Board authorizes staff to negotiate an agreement with GannettFleming Transit & Rail Services to provide Design Services for PATCOPhiladelphia Tunnel Cable and Substation Equipment Replacement.

Amount: $1,649,818.80

Consultant: Gannett Fleming Transit & Rail Services

Other Consultants: Burns Engineering, Inc.STV, Inc.SYSTRAWSP USA, Inc.

Engineers Estimate: $1,800,000.00

DBE/SBE Goals: DBE: 15%SBE: 0%

Consultant ProposedDBE/SBE Commitments: DBE: 15%

SBE: 0%

PURPOSE: The purpose of this project is the replacement of various power, signal,and communications cables running primarily within the Philadelphiatunnel of the PATCO system as well as traction-power equipmentwithin Locust Street substation, located underground in the area of thePATCO tunnel.

BACKGROUND: Significant portions of the existing power, signal, and communicationscables in the Philadelphia tunnel date back to the construction ofPATCO. The equipment within Locust Street substation dates back tothe construction of the substation, a few years after the construction ofthe rest of the PATCO system.

The scope of work includes the development of preliminary and finaldesign packages for the replacement of the aforementioned cables andsubstation equipment. The final design package will include the plans,specifications, construction estimate, and a construction schedule withwhich the Authority will solicit bids from construction contractors.The scope of work also includes construction-related services, limitedto as-needed review of submittals, responses to requests forinformation, review of change orders, etc.

The Authority publicly advertised its intent to retain a consultant andinvited interested firms to submit statements of qualifications. Eight(8) firms responded with statements of qualifications on March 29,2019. Five (5) firms were short-listed and were sent a formal Requestfor Proposal. All five (5) firms submitted technical proposals. A reviewcommittee of three (3) staff members from Engineering evaluated theproposals on the basis of technical merit.

Gannett Fleming Transit & Rail Services and their subconsultantswere ranked highest on technical merit. The team presented severalexamples of similar type projects and experience, and their staff hasgreat familiarity with the PATCO system and its operation. Overall,the team assembled by Gannett Fleming Transit & Rail Services wasfound to possess the necessary experience and qualifications tosuccessfully complete the project.

In accordance with the Delaware River Port Authority’s qualification-based selection procedure, the price proposal was evaluated against theengineer’s estimate. Based on this evaluation, Gannett Fleming Transit& Rail Services’ price was determined to be fair and reasonable.

It is recommended that a professional services agreement be negotiatedwith Gannett Fleming Transit & Rail Services for the costs andassociated fees not to exceed $1,649,818.80 to provide engineeringservices in accordance with the Request for Proposal.

SUMMARY: Amount: $1,649,818.80Source of Funds: 2018 A Revenue Bonds and General FundCapital Project #: PF1703Operating Budget: N/AMaster Plan Status: N/AOther Fund Sources: Federal Transit Administration (80%)Duration of Contract: 36 monthsOther Parties Involved: N/AEstimated Number ofJobs Supported: 6

DRPA-19-108Operations & Maintenance Committee: October 8, 2019

Board Date: October 16, 2019Design Services for PATCO Philadelphia Tunnel Cable

and Substation Equipment Replacement

RESOLUTION

RESOLVED: That the Board of Commissioners of the Delaware River Port Authorityaccepts the Proposal of Gannett Fleming Transit & Rail Services to provideDesign Services for PATCO Philadelphia Tunnel Cable and SubstationEquipment Replacement and that the proper officers of the Authority be andhereby are authorized to negotiate an Agreement with Gannett FlemingTransit & Rail Services for an amount not to exceed $1,649,818.80, as perthe attached Summary Statement; and be it further


SUMMARY: Amount: $1,649,818.80Source of Funds: 2018 A Revenue Bonds and General FundCapital Project #: PF1703Operating Budget: N/AMaster Plan Status: N/AOther Fund Sources: Federal Transit Administration (80%)Duration of Contract: 36 monthsOther Parties Involved: N/AEstimated Number ofJobs Supported: 6

MEMORANDUM

TO: O&M Committee Members

FROM: Michael P. Venuto, Chief Engineer, Engineering

SUBJECT: Professional Service Selection for Design Services for PATCOPhiladelphia Tunnel Cable and Substation Equipment ReplacementTechnical Proposal Evaluation, Findings and Recommendation Report

DATE: September 23, 2019

The Request for Qualifications was posted on the Authority’s website, inviting consultants tosubmit Statements of Qualifications (SOQs). Eight (8) firms submitted SOQs on March 29, 2019.

Policy 303b outlines the procedure for Request for Proposal selection of consultants utilizing theBrooks Method by the Engineering Department. The SOQ evaluation serves as a method fordeveloping a “short list” of firms to receive a Request for Proposal (RFP). The review committeeevaluated the SOQ’s and recommended soliciting technical proposals from the top ranked firms:

Burns Engineering, Inc.Gannett Fleming Transit & Rail Services

STV, Inc.SYSTRA

WSP USA, Inc.

The short listed firms were sent the RFP on May 29, 2019. All five (5) firms submitted technicalproposals on July 11, 2019. The review committee, consisting of three (3) Engineering staffmembers, reviewed and evaluated the technical proposals.

Gannett Fleming Transit & Rail Services (Gannett) and their subconsultants were ranked higheston technical merit. The team presented several examples of similar type projects and experience,and their staff has great familiarity with the PATCO system and its operation. Overall, the teamassembled by Gannett was found to possess the necessary experience and qualifications tosuccessfully complete the project.

The review committee recommended that the cost proposal be requested from Gannett to beevaluated using the Engineer’s Estimate in the amount of $1,800,000.00 as a guide. The priceproposal was received on September 19, 2019.


of Pennsylvania & New Jersey

Below are the proposed hours and total cost of the top-ranked firm, along with the Engineer’sEstimate of hours and cost.

Hours Total CostEngineer’s Estimate 9,784 $1,800,000.00Gannett Fleming Transit & Rail Services 9,541 $1,649,818.80

Engineering staff reviewed the cost proposal from Gannett. Gannett’s estimated man-hours and totalprice were compared with the Engineer’s Estimate. The review indicated that Gannett’s total costwas within ten percent (10%) of the estimated cost and total hours within five percent (5%) of theestimated hours in the Engineer’s Estimate.

Based on the review committee’s findings, the price proposal of Gannett Fleming Transit & RailServices has been determined to be fair and reasonable. The committee recommends that anEngineering Services Agreement be issued to the highest technically ranked firm, Gannett FlemingTransit & Rail Services.

Based on a review of the review committee’s evaluation and supporting documentation, I concur with

the recommendation to engage Gannett Fleming Transit & Rail Services of Philadelphia, PA, in the

amount of $1,649,818.80 for this Agreement.

:ala

SUMMARY STATEMENT


SUBJECT: Procurement and Delivery of Highway RockSalt for DRPA and PATCO Facilities




PROPOSAL: That the Board authorizes staff to negotiate a contract with Morton Salt,Inc., located in Chicago, IL, in accordance with New Jersey State ContractNumber T-0213.

Amount: $324,041.00

Contractor: Morton Salt, Inc.Chicago, IL

Facility Est. Quantity Cost Per Ton Total CostBetsy Ross 1200 $60.95 $73,140.00Ben Franklin 1000 $60.99 $60,990.00Walt Whitman 1600 $60.71 $97,136.00PATCO 1500 $61.85 $92,775.00Total Est. Quantity 5300Total Cost $324,041.00

PURPOSE: To allow DRPA and PATCO to have the necessary supply of rock salt toclear the bridges, highway and parking lots during the winter session.

BACKGROUND: The DRPA utilizes rock salt during the winter months at the Betsy Ross,Walt Whitman and Ben Franklin Bridges and PATCO Facilities. The rocksalt is used for the bridge roadways in addition to the highways, ramps,PATCO parking lots and access roads that are part of its operation.

The DRPA Purchasing Department will be utilizing New Jersey StateContract Number T-0213 for the purchase of salt for PATCO and the WaltWhitman, Ben Franklin, and Betsy Ross Bridges with Morton Salt, Inc.DRPA and PATCO have traditionally utilized state contracts to takeadvantage of bulk pricing with the cooperative purchasing requirement ofother state authorities, including NJDOT, Port Authority of New York andNew Jersey, South Jersey Transportation Authority and the New JerseyTurnpike Authority.

SUMMARY: Amount: $324,041.00Source of Funds: Revenue FundCapital Project #: N/AOperating Budget: 2020Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: N/AOther Parties Involved: N/AEstimated Number ofJobs Supported: N/A

DRPA-19-109O&M Committee: October 08, 2019

Board Date: October 16, 2019Procurement and Delivery of Highway

Rock Salt for DRPA and PATCO Facilities

RESOLUTION

RESOLVED: That the Board of Commissioners of the Delaware River Port Authorityauthorizes staff to negotiate a contract with Morton Salt, Inc. for thepurchase of 5300 tons of roadway rock salt that will be distributed to threeof DRPA bridges (WWB, BFB, BRB) and PATCO facilities for use on thebridges, highways, and parking lots for a period of one (1) year for a totalamount not to exceed $324,041.00 during this period as per the attachedSummary Statement; and be it further


SUMMARY: Amount: $324,041.00Source of Funds: Revenue FundCapital Project #: N/AOperating Budget: 2020Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: N/AOther Parties Involved: N/AEstimated Number ofJobs Supported: N/A

SUMMARY STATEMENT


SUBJECT: Fiber Interconnect System Agreement




PROPOSAL: That the Board authorize staff to enter a three (3) year term agreementwith PennDOT and shall automatically extend thereafter for one (1)year periods unless terminated by either party for the purpose of inter-agency and regional information sharing (including but not limited tovideo and traffic data) in the furtherance of real time, efficient, effectiveincident management and evacuation coordination referred to as“FIBER INTERCONNECTION SYSTEM”. And to continue the fiberoptic connections, via fiber optic cables between the DRPA andPennDOT and the “Ethernet Ring” between all DRPA bridge facilitiestherefore allowing real time video and data sharing between DRPA,PennDOT and NJDOT.

PURPOSE: To provide the Authority with real time two-way video and datasharing (including but not limited to video and traffic data) betweeninter-agency partners: DRPA, PennDOT and NJDOT and to renew theexisting License Agreement for a three (3) year term with one (1) one-year automatic extensions unless terminated by either party.

BACKGROUND: In 2010 DRPA and PennDOT entered an agreement for the purpose ofinstalling, testing and commissioning fiber optic communicationsreferred to as the “Fiber Interconnection System” for the purpose ofmaking the improvements necessary to complete the physicalconnection and installation of communication hardware/software andfiber optic cable, cable in, on, under, across and/or along the DRPABridges and PennDOT I-95 Corridor, thus providing connectivity offiber optic service between PA and NJ using the DRPA bridgestructures. DRPA has been able, using the linkage, to thus connect allof the bridges and creating a closed system for communication i.e. realtime video and traffic data. This agreement was renewed in 2016 andwill expire September 30, 2019

Staff, therefore, recommends that an agreement be entered betweenPennDOT and the DRPA for the sharing of conduit and fiber opticcable service referred to as the “FIBER INTERCONNECTIONSYSTEM,” for the renewal of the License Agreement between

PennDOT and the DRPA to permit PennDOT fiber space in theDRPA’s conduit system on the span of BFB for a three (3) year termagreement with PennDOT and shall automatically extend thereafterfor one (1) year periods unless terminated by either party.

SUMMARY: Amount: N/ASource of Funds: N/ACapital Project #: N/AOperating Budget: N/AMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: Three (3) years and shall automatically

extend thereafter for one (1) year periodsunless terminated by either party

Other Parties Involved: PennDOT, NJDOTEstimated Number ofJobs Supported: N/A

DRPA-19-110O & M Committee: October 8, 2019

Board Date: October 16, 2019Fiber Interconnection System Agreement

Pennsylvania Department of Transportation(PennDOT) and the DRPA

RESOLUTION

RESOLVED: That the Board of Commissioners of the Delaware River Port Authorityauthorizes staff to enter a three (3) year term agreement with PennDOT andshall automatically extend thereafter for one (1) year periods unlessterminated by either party for the purpose of inter-agency and regionalinformation sharing (including but not limited to video and traffic data) inthe furtherance of real time, efficient, and effective incident managementand evacuation coordination referred to as “FIBER INTERECTIONSYSTEM.” And to continue the fiber optic connections, via fiber optic cablesbetween the DRPA and PennDOT and the “Ethernet Ring” between allDRPA bridge facilities therefore allowing real time video and data sharingbetween DRPA, PennDOT and NJDOT, as per the attached SummaryStatement; and be it further


SUMMARY: Amount: N/ASource of Funds: N/ACapital Project #: N/AOperating Budget: N/AMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: Three (3) years and shall automatically extend

thereafter for one (1) year periods unlessterminated by either party

Other Parties Involved: PennDOT, NJDOTEstimated Number ofJobs Supported: N/A

SUMMARY STATEMENT


SUBJECT: Fuel Contract for DRPA and PATCO




PROPOSAL: That the Board authorizes staff to negotiate a contract with Riggins Inc.Vineland NJ. for the purchase of unleaded gasoline, low-sulfur automotivediesel fuel, diesel 2% biofuel and low-sulfur heating fuel oil.

PURPOSE: To purchase fuel for all Delaware River Port Authority and PATCO vehiclesincluding maintenance, snow removal, public safety and staff operationvehicles and low-sulfur heating fuel oil for PATCO AdministrationBuildings.

BACKGROUND: Pricing for supplying the following fuel for all DRPA and PATCO fleetactivities were based on the following requirements:

a. Approximately 275,000 gallons of unleaded gasoline for DRPA &PATCO.

b. Approximately 70,000 gallons of low-sulfur automotive diesel fuelfor DRPA & PATCO facility locations in New Jersey.

c. Approximately 18,000 gallons of diesel 2% biofuel for the WaltWhitman Bridge location in Pennsylvania.

d. Approximately 12,000 gallons of low-sulfur heating fuel forPATCO.

Contract pricing is based on “Reseller Tank Car Price” for each commodity,calculated by the gallon, as posted in the Journal of Commerce on June 5,2019. On that date, regular unleaded gasoline was reported as $1.8705 pergallon, low-sulfur diesel was $1.9356 per gallon, diesel 2% biofuel was$1.9146 per gallon and low-sulfur heating oil was $1.9026 per gallon. We areasking for a not to exceed contract amount of $750,000.00.

The reported price will fluctuate during the contract period dependingon market conditions. However, the differential cost will remain firm forthe length of the contract. The original fuel bid was publicly advertised,and bid opened on July 23, 2019.

Sixteen (16) vendors were solicited and five (5) bids and Three (3)Nonresponsive Bid were received.

Petroleum Traders was the lowest and was Nonresponsive with insurancerequirements, Riggins Inc. was the next lowest responsible bidder andtheir indicated low bid was based on a fixed differential which varies byfuel type as referenced below:

Unleaded gasoline +$.0395Low-Sulfur diesel +$.0685Diesel 2% Biofuel +$.0735Low-Sulfur Heating Oil +$.0685Anti-Jelling Solution +0.0200

SUMMARY: Amount: $750,000.00* (not to exceed)Source of Funds: Revenue FundCapital Project #: N/AOperating Budget: 2019/2020Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: N/A

*Fuel prices subject to market fluctuations

SUMMARY OF 2019 FUEL BID RESULTS:BID DIFFERENTIAL

PETROLEUM TRADERS FT WAYNE, IN. $879,405.00 $17,626.80

RIGGINS, Inc. VINELAND, NJ $883,463.70 $21,685.50

East River Energy $969,446.20 $107,668.00

DRPA-19-103Operations & Maintenance: October 8, 2019

Board Date: August 16, 2019Fuel Contract for DRPA and PATCO

RESOLUTION

RESOLVED: That the Board authorizes staff to negotiate a contract with Riggins Inc. forthe purchase of unleaded gasoline, low-sulfur diesel fuel and low-sulfurheating oil for the period of one (1) year to provide unleaded gasoline to theBenjamin Franklin, Commodore Barry, Betsy Ross, Walt Whitman Bridgesand PATCO at an average price differential of +$.0165, provide low-sulfurdiesel fuel to the Benjamin Franklin, Commodore Barry, Betsy Ross, andPATCO at an average price differential of +$.1017, and provide diesel 2%bio fuel for the Walt Whitman Bridge at a differential of +$.1044 and lowsulfur heating fuel oil for PATCO at a fixed differential of +$.0775 and Anti-Jelling solution differential of +$0.0300. Cost of the one (1) year contract ishereby requested with an n-t-e cost of $750,000.00.

RESOLVED: The Chair, Vice Chair and the Chief Executive Officer must approve and areHereby authorized to approve and execute all necessary agreements,contracts, or other documents on behalf of DRPA and PATCO. If suchagreements, contracts, or other documents have been approved by the Chair,Vice Chair and Chief Executive Officer, and if thereafter, either the Chair orVice Chair is absent or unavailable, the remaining Officer may execute thesaid document(s) on behalf of DRPA and PATCO, along with the ChiefExecutive Officer. If both the Chair and Vice Chair are absent orunavailable, and if it is necessary to execute the said document(s) while theyare absent or unavailable, then the Chief Executive Officer shall execute suchdocuments on behalf of DRPA and PATCO.

SUMMARY: Amount: $750,000.00* (not to exceed)Source of Funds: Revenue FundCapital Project #: N/AOperating Budget: 2019/2020Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: N/AOther Parties Involved: N/A

* Fuel prices subject to market fluctuations

SUMMARY STATEMENT


SUBJECT: Public Safety 800 MHz Radio UpgradeProject




PROPOSAL: That the Board authorizes staff to negotiate an agreement with TacticalPublic Safety, West Berlin, NJ; for the purchase of new HarrisCommunications P25 compliant 700-800 MHz radios, accessories andsignal coverage. This equipment will be purchased as necessary to add,upgrade and replace the current radio system equipment and end-userequipment and accessories. This equipment will be used by both theDRPA and PATCO employees.

This proposal is for the 800 MHz radio upgrade and replacement plan.The radio replacement project is under NJ State Contract is T-0109(award #83932).

Amount: $248,541.25

Design/Builder: Tactical Public Safety1036 Industrial DriveWest Berlin, NJ 08091

Other Proposers: None.

PURPOSE: To add, upgrade and replace the current radio hardware, radioaccessories in use currently throughout all of public safety, as well as,the PATCO City Hall and Collingswood station signal coverage area.In preparation of the Phase II P25 TDMA core system upgrade andFCC Project 25 compliant technology using AES 256-bit encryption.Additionally, providing for newer technology radios that operate asLMR (land mobile radio), and broadband in both cellular and Wi-Fienabled areas. The broadband feature is useful to core operations whenLMR doesn’t provide adequately; i.e. Maintenance or signal coverageincidents. To ensure continuing provisions using current and newtechnology in policing and security service on behalf of DRPA, PATCOand its fare payers while enhancing security, safety and streamliningproductivity and staffing.

BACKGROUND: Interoperable emergency communication is integral to initial response,public health, safety of communities, national security and economicstability. Of all the problems experienced during disaster events, one ofthe most serious problems is communication due to lack of appropriateand efficient means to collect, process and transmit important andtimely information. In some cases, radio communication systems arenot compatible and inoperable not just within a jurisdiction but withindepartments or agencies within the same community. Non-operabilityoccurs due to use of outdated equipment, limited availability of radiofrequencies, loss of signal reducing coverage area, isolated orindependent planning, lack of coordination and cooperation betweenagencies, community priorities competing for resources, funding andownership and control of communications systems. Recognizing andunderstanding this need, FCC Project 25 (P25) was initiatedcollaboratively by public safety agencies, 9-1-1 centers, communicationcenters and manufacturers to address the issue with emergencycommunication systems. P25 is collaborative project to ensure that two-way radios are interoperable. The goal of P25 is to enable public safetyresponders to communicate with each other and, thus, achieveenhanced coordination, timely response, and efficient and effective useof communications equipment.

P25 was established to address the need for common digital publicsafety radio communications standards for first-responders andhomeland security/emergency response professionals. Encryption isnow used in the region by outside law enforcement agencies to preventthe public from listening to their voice transmissions.

Due to the multi-jurisdictional nature of the footprint that the DRPAPolice Department operates in and the sensitive nature of the DRPAproperties, signal coverage, system operability and radiointeroperability is crucial. This radio upgrade project will not onlyallow the agency to continue to effectively, and safely communicateinternally, but it will also allow for DRPA Police personnel to assistmore seamlessly throughout the region in the event of a majorincident/disaster. This communication would then be reciprocal as wemay require assistance from outside agencies in a time of need.

SUMMARY: Amount: $248,541.25Source of Funds: General FundsCapital Project #: Project # TEP.01903Operating Budget: N/AMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: N/AOther Parties Involved: NoneEstimated Number ofJobs Supported: 168 Internally / 50 Externally

DRPA-19-105Operations & Maintenance: October 8, 2019

Board Date: October 16, 2019Public Safety 800 MHz Radio Replacement Project

RESOLUTION

RESOLVED: That the Board authorizes that the proper officers of the DelawareRiver Port Authority are hereby authorized to negotiate a contract topurchase, through both Tactical Public Safety West Berlin, NJ for atotal cost not to exceed $248,541.25; and be it further

RESOLVED: The Chair, Vice Chair and the Chief Executive Officer must approveand are hereby authorized to approve and execute all necessaryagreements, contracts, or other documents on behalf of the DRPA. Ifsuch agreements, contracts, or other documents have been approved bythe Chair, Vice Chair and Chief Executive Officer and if thereaftereither the Chair or Vice Chair is absent or unavailable, the remainingOfficer may execute the said document(s) on behalf of DRPA alongwith the Chief Executive Officer. If both the Chair and Vice Chair areabsent and/or unavailable and if it is necessary to execute the saiddocument(s) while they are absent or unavailable, then the ChiefExecutive Officer shall execute such documents on behalf of DRPA.

SUMMARY: Amount: $248,541.25Source of Funds: General FundsCapital Project #: Project # TEP.01903Operating Budget: N/AMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: N/AOther Parties Involved: NoneEstimated Number ofJobs Supported: 168 Internally/50 Externally

LABOR COMMITTEE

of 2

DELAWARE RIVER PORT AUTHORITYLabor Committee Meeting

One Port Center2 Riverside DriveCamden, New JerseyTuesday, October 8, 2019

Commissioners:Chairman Ryan BoyerVice Chair Albert FrattaliSean Murphy (for Pennsylvania Auditor General Eugene DePasquale; via telephone)Charles FentressBruce GarganioAngelina Perryman

DRPA/PATCO Staff:Maria Wing, Deputy Chief Executive OfficerRaymond Santarelli, General Counsel and Corporate SecretaryNarisa Sasitorn, Deputy General CounselStephen Holden, Deputy General CounselToni Brown, Chief Administrative OfficerJames White, Chief Financial OfficerRobert Hicks, Chief Operational OfficerJohn Rink, General Manager, PATCORohan Hepkins, Assistant General Manager, PATCOElizabeth Saylor, Administrative Coordinator, OGC

Others Present:Craig Ambrose, Associate Counsel, New Jersey Governor’s Authorities Unit (via telephone)

CALL TO ORDER

Chairman Boyer called the meeting of the Labor Committee of the Delaware River PortAuthority to order at 10:05 a.m. and asked the Corporate Secretary to call the roll.

ROLL CALL

The following Commissioners were present, constituting a quorum: Chairman Boyer, Frattali,Garganio, Murphy, Perryman and Fentress.

of 2

OPEN SESSION

Chairman Boyer announced that the Committee would be meeting in Executive Session andrequested Corporate Secretary Mr. Santarelli to provide a description of the matters to bediscussed. Mr. Santarelli stated that the general subjects to be discussed in Executive Sessionwould include a labor update and personnel matters. Commissioner Fentress moved to meet inExecutive Session and Commissioner Perryman seconded the motion. All Commissioners inattendance voted to approve the motion. The Labor Committee Meeting moved into ExecutiveSession at 10:07 a.m.

EXECUTIVE SESSION

The Committee met in Executive Session.

Commissioner Fentress moved to close Executive Session and Commissioner Frattali secondedthe motion. All Commissioners in attendance voted to approve the motion and the Committeemoved back into Open Session at 10:23 a.m.

OPEN SESSION

Chairman Boyer announced there was one item for open session, and called upon GeneralCounsel Santarelli to present the following:

DRPA-19-104 Board Support and Development Services

General Counsel Santarelli presented a Summary Statement and Resolution requesting that theBoard authorize staff to negotiate a contract with S & S Consultants, LLC, of Philadelphia, PAfor Board Support and Development Services. The company will assist the Board ofCommissioners and Staff in the development and implementation of a comprehensive Boarddevelopment program to improve operational and Board processes, enhance communication,strengthen alignment and maximize effectiveness of the Authority’s Board governance.Commissioner Fentress moved to forward the matter to the Board for consideration andCommissioner Frattali seconded the motion. There were no questions or comments. AllCommissioners in attendance voted to approve the motion.

ADJOURNMENT

With no further business, Commissioner Fentress moved to adjourn the meeting andCommissioner Garganio seconded the motion. All Commissioners in attendance voted toapprove the motion and the meeting adjourned at 10:24 a.m.

SUMMARY STATEMENT


SUBJECT: BOARD SUPPORT ANDDEVELOPMENT SERVICES

COMMITTEE: LABOR

COMMITTEE MEETING DATE: OCTOBER 8, 2019

BOARD ACTION DATE: OCTOBER 16, 2019

PROPOSAL: That the Board of Commissioners authorizes staff to negotiate acontract with S & S Consultants, LLC, 7300 City line Avenue, Suite360, Philadelphia, PA 19151, for Board Support and DevelopmentServices.

PURPOSE: To engage a qualified company with the experience necessary to assistthe Board of Commissioners and Staff in the development andimplementation of a comprehensive Board development program toimprove operational and Board processes, enhance communication,strengthen alignment and maximize effectiveness of the Authority’sBoard governance, consistent with the Authority’s approach tocontinuous improvement.

BACKGROUND: Contracts Administration prepared a Request for Proposal (“RFP”)for Board Support and Development Services. In accordance withapplicable procurement policies, Contracts Administration publishedthe RFP on April 25, 2019 in order to solicit responsive proposals. OnMay 21, 2019, the date set for Proposal submission, only S&SConsultants LLC submitted a Proposal. A Panel reviewed the RFPspecifications, and determined there were no issues that would haveunfairly limited competition. Further, the Panel reviewed the Proposaland the RFP and determined that the Proposal addressed the matterscontained in the RFP. With respect to pricing, based on professionalexperience and past contracts, the Panel determined the rates quotedin the RFP appear to be reasonable and in the range expected.

The scope of work includes: facilitating the orientation of newly

appointed members of the Board of Commissioners; assisting

relationship-building and integration with sitting Board members and

Authority management; improving and enhancing the Board members

connections with the CEO, executive staff, Governors’ offices, the

community and other stakeholders; creating a Board development

program to ensure that every Board member is functioning within the

same framework and with same expectations; and, submission of

regular reports and deliverables.

It is recommended that a one-year agreement, with two one-year optionsexercisable at DRPA’s sole discretion, be awarded and negotiated with S& S Consultants, LLC to provide Board Support and DevelopmentServices in accordance with the Request for Proposal, in an amount not toexceed $85,000 per year.

SUMMARY: Amount: NTE $85,000 Contract Year 1NTE $85,000 Option Year 1NTE $85,000 Option Year 2

Source of Funds: Revenue FundCapital Project #: N/AOperating Budget: N/AMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: One-year, with 2 one-year options

exercisable at DRPA’s sole discretion.Other Parties Involved: S & S Consultants, LLC and Delaware

River Port Authority

DRPA-19-104Labor: October 8, 2019

Board Date: October 16, 2019BOARD SUPPORT AND DEVELOPMENT SERVICES

RESOLUTION

RESOLVED: That the Board authorizes staff to negotiate a one-year agreement, withtwo one-year options exercisable at DRPA’s sole discretion, with S & SConsultants, LLC to provide Board Support and Development Services inaccordance with the Request for Proposal, in an amount not to exceed$85,000 per year.

RESOLVED: The Chair, Vice Chair and the Chief Executive Officer must approveand are hereby authorized to approve and execute all necessaryagreements, contracts, or other documents on behalf of DRPA. If theChair, Vice Chair and Chief Executive Officer have approved suchagreements, contracts, or other documents, and if thereafter, either theChair or Vice Chair is absent or unavailable, the remaining Officermay execute the said document(s) on behalf of DRPA, along with theChief Executive Officer. If both the Chair and Vice Chair are absentor unavailable, and if it is necessary to execute the said document(s)while they are absent or unavailable, then the Chief Executive Officershall execute such documents on behalf of DRPA and PATCO.

SUMMARY: Amount: NTE $85,000 Contract Year 1NTE $85,000 Option Year 1NTE $85,000 Option Year 2

Source of Funds: Revenue FundCapital Project #: N/AOperating Budget: N/AMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: 1 year, with 2 one (1) year options

exercisable at DRPA’s sole discretion.Other Parties Involved: S & S Consultants, LLC and Delaware

River Port Authority

UNFINISHED BUSINESS

NEW BUSINESS

SUMMARY STATEMENT


SUBJECT: Consideration of Pending DRPA Contracts(Between $25,000 and $100,000)

COMMITTEE: New Business

COMMITTEE MEETING DATE: N/A


PROPOSAL: That the Board consider authorizing staff to enter into contracts as shownon the Attachment to this Resolution.

PURPOSE: To permit staff to continue and maintain DRPA operations in a safe andorderly manner.

BACKGROUND: At the Meeting held August 18, 2010 the DRPA Commission adoptedResolution 10-046 providing that all DRPA contracts must be adopted at anopen meeting of the DRPA Board. The Board proposed modifications tothat Resolution at its meeting of September 15, 2010; specifically that allcontracts between $25,000 and $100,000 be brought to the Board forapproval. The contracts are listed on the Attachment hereto with theunderstanding that the Board may be willing to consider all of thesecontracts at one time, but if any member of the Board wishes to remove anyone or more items from the list for separate consideration, each memberwill have that privilege.

SUMMARY: Amount: N/ASource of Funds: See Attached ListCapital Project #: N/AOperating Budget: N/AMaster Plan Status: N/AOther Fund Sources: N/ADuration of Contract: N/AOther Parties Involved: N/A

DRPA-19-111New Business: October 16, 2019

Board Date: October 16, 2019Consideration of Pending DRPA Contracts

(Between $25,000 and $100,000)

RESOLUTION

RESOLVED: That the Board authorizes and directs that subject to approval by theChair, Vice Chair, General Counsel and the Chief Executive Officer,staff proceed to negotiate and enter into the contracts listed on theAttachment hereto.


CONSIDERATION OF PENDING DRPA CONTRACTS (VALUED BETWEEN $25,000 - $100,000) – Wednesday, October 16, 2019

DRPA

Item # Vendor/Contractor Description Amount Procurement Method Bids Received Bid Amounts Source of Funds

1 Atlantic Salt, Inc.

Lowell, MA

Purchase 1,000 tons of

Highway Rock Salt for

the Commodore BarryBridge facility to clear

the bridge, highway, and

access ramps during

winter months

$59,900.00 In accordance with New Jersey

State Contract #T-0213, Vendor

#40199

1. Atlantic Salt, Inc.

Lowell, MA

1. $59,900.00 Revenue Fund

2 KOVA Corp.

Manahawkin, NJ

Purchase of a renewal

warranty on the audiolog

recording equipment

used by Public Safety

and Transit Operations.

$33,552.78 In accordance with New Jersey

State Contract #T-0109, Vendor

#83906

1. KOVA Corp.

Manahawkin, NJ

1. $33,552.78 General Fund

3 Universal Technical Resource

Services

Cherry Hill, NJ

Three (3) Year Cathodic

Protection System

Maintenance for the BenFranklin and Walt

Whitman Bridge

Facilities

$89,195.79

(Amount includes

original bidprice, plus a not-

to-exceed cost of

$6,000.00 to

cover emergency

parts to be usedif and when

necessary. Fixed

parts pricing was

provided as part

of thecompetitive bid

process. We

have evaluated

the pricing and

found them to befair and

reasonable.)

Competitive Formal Bid- Invitation

for Bid DRPA-18-2019 was publicly

advertised and issued to twelve(12) prospective bidders. Four (4)

bids were received and publicly

opened on September 24, 2019.

1. Universal Technical Resource

Services

Cherry Hill, NJ

2.Vector Corrosion Services, Inc.

Tampa, FL

3. Siva Corrosion Services, Inc.West Chester, PA

4. Corrpro Companies

Malvern, PA

1. $89,195.79

2. $91,038.00

3. $94,557.02

4. $169,116.00

Revenue Fund

CONSIDERATION OF PENDING DRPA CONTRACTS (VALUED BETWEEN $25,000 - $100,000) – Wednesday, October 16, 2019

DRPA


4 Schneider ElectricHorsham, PA

Purchase of PTZ AxisCameras for the BetsyRoss and Ben Franklin

Bridge Facilities

$25,991.20 In Accordance with Commonwealthof PA Co-Stars Contract #008-196

1. Schneider ElectricHorsham, PA

1. $25,991.20 General Fund

5

South Camden Iron WorksMickleton, NJ

Purchase of AmeristarAegis II Classic Fence

and Gate Material orapproved equal,assembled inaccordance with the

manufacturer'sspecifications at the BenFranklin Bridge Facility

$35,176.06 Competitive Formal Bid- Invitationfor Bid DRPA-17-2019 was publicly

advertised and issued to twenty-three (23) prospective bidders.Three (3) bids were received andpublicly opened on September 24,

2019.

1. South Camden Iron WorksMickleton, NJ

2.Alenco Fence & Lumber Co.Medford, NJ

3. Northeast Fence and IronWorks IncPhiladelphia, PA

1. $35,175.06

2. $40,712.27

3. Rejected

General Fund

PORT AUTHORITY TRANSIT CORP.

BOARD MEETING

Wednesday, October 16, 2019

6:00 p.m.

Camden County Boathouse

7050 North Park Drive

Pennsauken, NJJohn T. Hanson, Chief Executive Officer

PATCO BOARD

PORT AUTHORITY TRANSIT CORPORATIONBOARD MEETING

Wednesday, October 16, 2019 at 6:00 p.m.Camden County Boathouse

7050 North Park DrivePennsauken, New Jersey

ORDER OF BUSINESS

1. Roll Call

2. Public Comment

3. Report of the General Manager – September 2019

4. Approval of September 18, 2019 PATCO Board Meeting Minutes

5. Monthly List of Previously Approved Monthly List of Payments of September 2019

6. Monthly List of Previously Approved Purchase Orders and Contracts of September 2019

7. Approval of Balance Sheet and Equity Statement dated July 31, 2019

8. Approval of Operations & Maintenance Committee Meeting Minutes of October 8, 2019

9. Adopt Resolutions Approved by Operations & Maintenance Committee of October 8, 2019

PATCO-19-024 PATCO – Rental Uniforms and Laundry Services

10. Approval of Finance Committee Meeting Minutes of October 2, 2019

11. Adopt Resolutions Approved by Finance Committee of October 2, 2019

PATCO-19-023 Renewal of PATCO Excess Workers’ Compensation &Employers’ Liability Policy

12. Unfinished Business

13. New Business

PATCO-19-025 Consideration of Pending PATCO Contracts(Between $25,000 and $100,000)

14. Executive Session

15. Adjournment

GENERAL MANAGER’S REPORT

- 1 -

REPORT OF THE GENERAL MANAGER

As stewards of public assets, we provide for the safe and efficient operation

of transportation services and facilities in a manner that creates value for the public we serve.

October 16, 2019

To the Commissioners: The following is a summary of recent PATCO activities, with supplemental information attached. HIGHLIGHTS

STEWARDSHIP

Conrail Pole – In 2018 a Conrail train had snagged a cable, resulting in significant damage not only to a transit car passing through the area but also to our power and signal systems. Temporary repairs to the signal system and cabling were made at the time, with permanent repairs requiring extensive planning, design, and coordination. The final step to repair our infrastructure was the replacement of the pole, which was accomplished on Sunday, September 8 between 1 and 9 a.m. During that time, PATCO arranged for shuttle buses to transfer customers between our Ferry Avenue and Broadway Stations, with special train schedules for travel from those stations timed to match up with shuttle arrivals.

Lindenwold Traffic Safety – On a typical weekday, approximately 9,000 people pass through Lindenwold Station, more than any other non-subway station. Some arrive by bus, some by bicycle, some by foot, and some are dropped off by Uber/Lyft/taxis/friends or family; the vast majority drive to the station. PATCO has now installed three solar-

General Manager’s Report – for October 16, 2019 Meeting

- 2 -

powered flashing LED Stop signs to augment other safety enhancements such as rumble strips and flashing pedestrian crossing signs. This initiative is part of our FTA-funded transit enhancement program. Elevators / Escalators

Availability –We again met our goals in the month of September. Availability of all escalators was 96.67% for the month and 96.96% for the Year to date. Availability of all elevators was 99.31% for the month and 98.63% for the Year to Date.

Availability of Escalators & Escalators in September, 2019

Performance of Preventive Maintenance - Monthly preventive maintenance was performed on all elevators and escalators in September. Note that the new elevator at Collingswood is under warranty.

0.307087

75%

80%

85%

90%

95%

100%

Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec.

Monthly Preventive Maintenance - 2019

Escalators - Preventive Maintenance Performed Elevators - Preventive Maintenance Performed

TARGET

ACTUAL

VARIANCE

96%

96.67%

0.67%+

STATUS

ESCALATORS IN OPERATION

14TARGET

ACTUAL

VARIANCE

97%

99.31%

2.31%+STATUS

ELEVATORS IN OPERATION

12


- 3 -

SERVICE Ridership – Ridership in September, 2019 was 939,904, an increase of 70,246 (+8.08%) when compared to September of 2018. (It should be noted that September of 2019 included one more weekday and one fewer Saturday than September of 2018.) Year to date as of 9/30/2019, ridership is 8,239,266, an increase of 256,036 (+3.19%) compared to the same period in 2018.

Celebration of PATCO’s 50th Anniversary at City Hall Station – On September 24, PATCO celebrated its 50th anniversary at City Hall Station. Each customer received a back scratcher and cookies or a soft pretzel. Customers including this cyclist also spun the prize wheel to win pre- loaded $50 FREEDOM cards, round- trip tickets, free rides and promotional items. The next 50th Anniversary event will be held 15th/16th/Locust Street Station on October 15. On-Time Performance – In September, 2019, we had scheduled 5,766 trips. Our on-time performance was 97.18% for the month and 96.97% for the year to date. This is close to the 97.2% for September and 96.59% for the year to date in 2018.

90.00%

92.00%

94.00%

96.00%

98.00%

100.00%

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2019 vs 2018 On-Time Performance 20192018

Customers also enjoyed free samples of Dunkin’ Donuts

iced coffee.


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The breakdown of causes for September delay incidents is shown below.

Equipment Defect, 43%

Lack of Equipment, 20%

W&P Elec - Signal - Radio, 1%

W&P Track - Wayside, 6%

Speed Restrictions, 3%

Passenger Issues, 9%

Trespasser, 6%

Public Safety Issues, 3%

Transit Operations, 0%

Other, 10%

Causes of Delay Incidents - September, 2019

Brake/Comp 5Faults 4Doors 3Propulsion 3Misc. 15


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Availability of Transit Equipment – PATCO closely monitors the availability of equipment to meet the needs of our peak service customers.

7 35.00% 8 40.00%

13 65.00% 12 60.00%

20 20

Days Consist Requirement

Achieved


Achieved


Not Achieved


Not Achieved

TOTAL DAYS TOTAL DAYS

DAILY LOADLINE CAR REQUIREMENT FOR

SEPTEMBER 2019

A.M. RUSH HOUR (78 CARS REQUIRED ) P.M. RUSH HOUR (78 CARS REQUIRED )

35.00%

65.00%

Days Consist Requirement Achieved

Days Consist Requirement Not Achieved

A.M. RUSH HOUR

CAR REQUIREMENT

EFFICIENCY

40.00%

60.00%

Days Consist Requirement Achieved

Days Consist Requirement Not Achieved

P.M. RUSH HOUR

CAR REQUIREMENT

EFFICIENCY


- 6 -

COMMUNITY Bike MS City to Shore – The National MS Society’s annual fund raiser kicked off at PATCO’s Woodcrest Station very early on Saturday morning, September 21. Thousands of cyclists gathered in our parking lot in preparation for a 75 mile journey to Ocean City, NJ, and many of them take on that challenge in reverse on Sunday, returning to Woodcrest feeling exhausted but exhilarated. The event raises millions of dollars to help those afflicted with multiple sclerosis both directly through patient services and through research. Camden County College - PATCO and Community Relations staff joined Camden County College in welcoming students to the Camden and Blackwood campuses. At Blackwood alone, over 800 students had the opportunity to get a FREEDOM card without having to pay the $5 cost of the card itself and to learn about our service.

FINANCE

(The following data are unaudited at this time.)

PATCO Income year to date (through 7/31/2019) amounted to $16,891,216, compared with a Budget Anticipated Income of $15,963,108, a favorable variance of $928,108 (+5.81%). Operating expenses during July, 2019 amounted to $4,856,827, compared with a Budget Anticipated Expense of $4,913,947, a favorable variance of $57,120 or (1.16%). Year to date expenses totaled $32,689,699, compared with a Budget Anticipated Expense of $34,392,452, a favorable variance of $1,702,753 or 4.95%. During the month of July, PATCO experienced a Net Operating Loss (excluding rental and non-recurring charges) of $2,427,543. Total Cumulative Loss year to date (excluding rental and non-recurring charges) equaled $15,798,483. Total Cumulative Loss year to date (including Lease Rental charges) equaled $19,369,648. Net Transit Loss (including lease expense) for the month ending 7/31/2019 was $2,937,710.


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Year to Date through 7/31/2019

Through July 31, 2019

2019 Budget

2019 Actual

Variance

Income $15,963,108 $16,891,216 $928,108 F Expenses $34,392,452 $32,689,699 $1,702,753 F Operating Ratio .4641 .5167 Passengers 6,111,935 6,419,361 307,426 F Car Miles 2,741,544 3,189,056 447,512

PERSONNEL TRANSACTIONS The following personnel transactions occurred in September, 2019: NAME POSITION DEPT. DATE APPOINTMENT(S) Stacie L. Anderson Customer Service Agent/ Transit Services 9/09/2019

PA Traffic Checker

Gary H. Gregg Storekeeper Purchasing & Stores 9/09/2019

NJ Traffic Checker

TEMPORARY APPOINTMENTS - None PROMOTION(S) Kelvin Wilburn From: Dispatcher Transit Services

NJ To: Supervising Dispatcher Transit Services 9/14/2019

Beth M. Pratt From: Dispatcher Transit Services

NJ To: Supervising Dispatcher Transit Services 9/14/2019

TEMPORARY ASSIGNMENT TO HIGHER CLASSIFICATION Joseph N. Christina From: Money Room Supervisor Passenger Services

NJ To: Acting Manager Passenger Services 9/02 – 12/27/2019

Gary S. Fox From: Foreman Fare Collection

PA To: Acting Manager Fare Collection 9/02 – 11/01/2019


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John M. Dobleman III From: Maintenance Foreman Way & Power

NJ To: Acting Manager, Track, Way & Power 9/03/2019

Structures & Mechanical Equip. Tiffany N. Leggette From: Station Supervisor Passenger Services

NJ To: Acting Money Room Passenger Services 9/03 – 9/04/2019

Supervisor Brian P. MacGregor From: Manager, Track, Way & Power

NJ Structures & Mechanical Equip.

To: Acting Director Way & Power 9/03/2019 David S. Brodnick From: Electrical Foreman Way & Power

NJ To: Acting Manager, Power Way & Power 9/06/2019

Signals & Communication Ruth Keller From: Track Foreman Way & Power

NJ To: Acting Manager, Way & Power 9/09 – 9/12/2019

Track & Signals David S. Brodnick From: Electrical Foreman Way & Power

NJ To: Acting Manager, Power Way & Power 9/18/2019

Signals & Communication John M. Dobleman III From: Maintenance Foreman Way & Power

NJ To: Acting Manager, Track, Way & Power 9/18 – 9/19/2019

Structures & Mechanical Equip. Philip L. Spinelli From: Technical Supervisor Way & Power

PA To: Acting Director Way & Power 9/23/2019

TITLE CHANGES - None UPGRADE - None INTERAGENCY PROMOTIONS - None INTERAGENCY TRANSFER between DRPA and PATCO - None TRANSFERS (DEPARTMENTAL) - None RETIREMENT(S) - None RESIGNATION(S) - None END OF TEMPORARY ASSIGNMENT – None


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DECEASED – None The quarterly Affirmative Action Scorecard is attached to this report. PURCHASING & MATERIAL MANAGEMENT During the month of September, 115 purchase orders were issued with a total value of $901,789. Of the $49,834 in monthly purchases where minority vendors could have served PATCO needs, $150 was awarded to MBEs and $19,772 to WBEs. The $19,921 total MBE/WBE purchases in September represent 2.21% of the total spent and 39.98% of the purchases available to MBE/WBEs. Attached to this report is the Affirmative Action Report summarizing purchases during the third quarter of 2019. FARE COLLECTION FREEDOM Service Centers – In September, the Service Centers replaced 374 FREEDOM Cards that reached their 10 year expiration mark. In addition, 153 seniors (age 65 and above) and disabled customers signed up for the Reduced Fare Program, enabling them to take advantage of reduced fares during off-peak hours. Fifty-three (53) students signed up for a FREEDOM card, saving the $5 cost of the FREEDOM card by showing their educational ID. Furthermore, 145 customers signed up for the FREEDOM Share card and 24 “T” cards were issued to transit benefit customers.

MAINTENANCE OF TRAINS (EQUIPMENT DEPARTMENT) The following significant maintenance initiatives progressed in September:

Eight (8) overhauled motors are available for installation as needed. Sixty-nine (69) motors are in the overhaul process, including sixteen (16) at Swiger Coil, twenty-one (21) at RAM, eight (8) at WALCO, fourteen (14) at Sherwood, and ten (10) pending outbound shipment.

Funded Account 2017 2018 2019 Grand Total

PTD31617 3,885,635.68$ 3,885,635.68$

PTD31809 2,349,607.21$ 2,349,607.21$

PTD21904 1,422,455.64$ 1,422,455.64$

Totals 3,885,635.68$ 2,349,607.21$ 1,422,455.64$ 7,657,698.53$

Vendor Breakdown

RAM Industrial 1,964,031.00$ 1,573,050.00$ 695,247.00$ 4,232,328.00$

Sherwood 22,473.08$ 71,377.00$ 85,776.00$ 179,626.08$

Swiger Coil 1,731,850.60$ 622,880.21$ 471,065.64$ 2,825,796.45$

Walco Electric 167,281.00$ 82,300.00$ 170,367.00$ 419,948.00$

Totals 3,885,635.68$ 2,349,607.21$ 1,422,455.64$ 7,657,698.53$

Remaining Contract Funds 1,342,301.47$

Traction Motor Overhaul

Thru September 30, 2019


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We established a goal of 20 truck overhauls in 2019. Four (4) have been assembled so far, with two (2) in progress.

Zero (0) rebuilt gearboxes are currently available, and four (4) wheelsets are assembled for truck building. Thirty-seven (37) gearboxes are in the overhaul process with two (2) at UTC, thirty-two (32) at Penn Machine, two (2) at PATCO and one (1) pending outbound shipment.

Several gearbox defects have been identified. Our initial investigation has found that most of the defects are due to poor workmanship. Both vendors have been made aware of the issues and are working to improve their internal processes. We have since implemented a thorough inbound inspection, which includes inspecting the internals of each overhauled gearbox. Defects will be noted, and gearboxes sent back to the vendor for repair.

In September custodial employees scrubbed 20 cars (intensive interior cleaning). External washes are on hold because of work being performed at the west end of Lindenwold Yard.

Overhaul of the shop: o In-floor hoist – The kick-off meeting was held on September 6, with six vendors attending. o Turntables will be replaced as part of the facility renovation project.

Alstom Engineering had submitted a scope of work needed to repair Car 1023, which sustained significant arc flash damage when an electrical conduit was knocked into the trackway. Car 1023/24 repairs are underway and the cars are tentatively scheduled to return from the car builders’ facility December, 2019.

Car overhaul – All 120 cars have been conditionally accepted. Alstom continues to monitor reliability and perform FMIs related to high failure components.

The wayside monitoring and diagnostic system qualification testing took place on July 17. Several software bugs have been identified. The vendor, Quester Tangent, collected data of the defects to perform in-depth analysis at their facility. The next round of testing is TBD.

MAINTENANCE OF WAY (WAY & POWER DEPARTMENT)

Welding operations were performed on 89 frog at Haddon Interlocking.

Running rail was replaced along #1 track at the 9th Street platform.

Way & Power assisted in preparing for and cleaning up after the 50th Anniversary / customer

Funded Account 2016 2017 2018 2019 Grand Total

PTD31505 117,995.86$ 655,334.69$ 773,330.55$

PTD31811 561,817.44$ 10,471.84$ 572,289.28$

PTD31906 268,562.72$ 268,562.72$

Totals 117,995.86$ 655,334.69$ 561,817.44$ 279,034.56$ 1,614,182.55$

Vendor Breakdown

UTC/RAS Penn Machine 117,995.86$ 117,995.86$

Penn Machine 400,291.68$ 481,729.64$ 158,250.42$ 1,040,271.74$

UTC/RAS 255,043.01$ 80,087.80$ 120,784.14$ 455,914.95$

Totals 117,995.86$ 655,334.69$ 561,817.44$ 279,034.56$ 1,614,182.55$

841,217.45$

Gearbox Overhaul

Thru September 30, 2019

Remaining Contract Funds


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appreciation event at City Hall Station.

Right of Way (ROW), switch and signal inspections were performed.

Relay testing and repairs were performed at interlockings and substations.

Substation breaker maintenance was performed.

Stations, subway tunnels, and parking lots were relamped as necessary.

Support services were provided as required for the following projects: o Lindenwold Yard – provided flagging and scheduling o Pole line repair work located at Mickle Tunnel/Conrail track ROW - provided flagging and

scheduling o BFB walkway inspection from track grade – provided flagging and scheduling o Haddonfield and Ashland Elevators – provided flagging and scheduling o DC switchgear replacement at Haddonfield Substation – provided flagging and scheduling o Mainline and substation SCADA testing and cutover – provided flagging, scheduling and

project support

SAFETY The monthly report of the Safety Department is enclosed with this report. Respectfully submitted, John D. Rink General Manager

- 12 -

1ST A/P 2ND A/P 3RD A/P 4TH A/P 5TH A/P 6TH A/P 7TH A/P

1/31/2019 2/28/2019 3/31/2019 4/30/2019 5/31/2019 6/30/2019 7/31/2019

INCOME

Operating 2,308,444 2,147,688 2,398,523 2,384,573 2,451,924 2,286,369 2,322,422

Non-Operating 76,819 163,040 66,989 61,921 44,307 71,335 106,862

Total Income-Pd 2,385,263 2,310,728 2,465,512 2,446,494 2,496,231 2,357,704 2,429,284

Total Oper.Inc.-YTD 4,456,132 6,854,655 9,239,229 11,691,153 13,977,522 16,299,944

Total NonOper.Inc.-YTD 239,859 306,848 368,768 413,075 484,410 591,272

Total Income-YTD 4,695,991 7,161,503 9,607,997 12,104,228 14,461,932 16,891,216

EXPENSE

Way & Power 1,224,102 1,239,365 1,072,836 959,901 1,001,057 972,233 1,161,603

Equipment 611,666 592,850 613,220 623,540 556,176 601,126 720,861

Transportation 1,701,247 1,593,845 1,644,024 1,636,173 1,744,266 1,577,351 1,749,451

Administration 689,826 671,585 871,793 1,018,138 997,807 722,935 734,828

Purchased Power 419,625 364,223 364,224 371,197 361,010 339,123 354,942

Ins & Claims 87,925 243,380 98,050 33,547 88,580 124,926 135,142

Sub-Total-Pd 4,734,391 4,705,248 4,664,147 4,642,496 4,748,896 4,337,694 4,856,827

Sub-Total-YTD 9,439,639 14,103,786 18,746,282 23,495,178 27,832,872 32,689,699

OPEB Accrual-PD 0 0 0 0 0 0 0

OPEB Accrual-YTD 0 0 0 0 0 0

Rent-DRPA-PD 510,163 510,167 510,167 510,167 510,167 510,167 510,167

Rent-DRPA-YTD 1,020,330 1,530,497 2,040,664 2,550,831 3,060,998 3,571,165

Total Expenses-Pd 5,244,554 5,215,415 5,174,314 5,152,663 5,259,063 4,847,861 5,366,994

Total Expenses-YTD 10,459,969 15,634,283 20,786,946 26,046,009 30,893,870 36,260,864

STATISTICS

Passengers-PD 904,555 855,350 937,945 943,005 958,201 901,148 919,157

Passengers-YTD 1,759,905 2,697,850 3,640,855 4,599,056 5,500,204 6,419,361

Oper Rev. /Pass-Pd 2.55 2.51 2.56 2.53 2.56 2.54 2.53

Oper Rev. /Pass-YTD 2.53 2.54 2.54 2.54 2.54 2.54

Oper Exp. /Pass-Pd 5.23 5.50 4.97 4.92 4.96 4.81 5.28

Oper Exp. /Pass-YTD 5.36 5.23 5.15 5.11 5.06 5.09

Car Miles-Pd 457,942 429,936 462,204 431,666 469,520 470,560 467,228

Car Miles-YTD 887,878 1,350,082 1,781,748 2,251,268 2,721,828 3,189,056

Oper Rev. /CM-PD 5.04 5.00 5.19 5.52 5.22 4.86 4.97

Oper Rev. /CM-YTD 5.02 5.08 5.19 5.19 5.14 5.11

Oper Exp./CM-PD 10.34 10.94 10.09 10.75 10.11 9.22 10.40

Oper Exp./CM-YTD 10.63 10.45 10.52 10.44 10.23 10.25

Avg. Rev. /Pass- YTD 2.64 2.67 2.65 2.64 2.63 2.63 2.63

PORT AUTHORITY TRANSIT CORPORATION

COMPARATIVE STATEMENT OF REVENUE AND EXPENSES

July 31, 2019 Monthly and YTD

PRELIMINARY ONLY AS OF 3-11-2019

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Port Authority Transit Corporation

Analysis of Budgeted/Actual Income - Year 2019

7th Accounting Period Ending

July 31, 2019

2019 Current Year-To-DateIncome Budget Budget Actual Variance Budget Actual Variance

Gross Passenger Revenue $25,525,500 $2,179,158 $2,244,719 $65,561 3.01% F $14,858,114 $15,705,639 $847,525 5.70% F

Smart Card Sales 99,960 8,330 9,800 1,470 17.65% F $58,310 60,595 2,285 3.92% F

Net Passenger Revenue $25,625,460 $2,187,488 $2,254,519 $67,031 3.06% F $14,916,424 $15,766,234 $849,810 5.70% F

Advertising 650,000 $54,167 56,669 2,502 4.62% F 379,167 385,253 6,086 1.61% F

Parking 887,700 75,785 67,903 (7,882) -10.40% U 516,720 533,710 16,990 3.29% F

Leases & Rentals 284,425 18,459 36,166 17,707 95.93% F 129,213 149,581 20,368 15.76% F

Interest 18,301 1,525 6,830 5,305 347.84% F 10,676 37,326 26,650 249.64% F

Miscellaneous 18,700 1,558 7,197 5,639 + F 10,908 19,112 8,204 + F

Total Income $27,484,586 $2,338,982 $2,429,284 $90,302 3.86% F $15,963,108 $16,891,216 $928,108 5.81% F

Passengers 10,500,000 896,404 919,157 22,753 2.54% F 6,111,935 6,419,361 307,426 5.03% F

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Port Authority Transit Corporation

Comparative Analysis - 2019

Budget /Actual-Income & Departmental Expenses

for the Month Ending

July 31, 2019

2019 Current Year-To-Date

BUDGET BUDGET ACTUAL VARIANCE BUDGET ACTUAL VARIANCE

Gross Passenger Revenue $25,525,500 $2,179,158 $2,244,719 $65,561 3.0% F $14,858,114 $15,705,639 $847,525 5.7% F

Smart Card Sales 99,960 8,330 9,800 1,470 17.6% F 58,310 60,595 2,285 3.9% F

Less: Transfers 0 0 0 0 -100.0% F 0 0 0 -100.0% F

Net Passenger Revenue $25,625,460 2,187,488 2,254,519 67,031 3.1% F 14,916,424 15,766,234 849,810 5.7% F

Other 1,859,126 151,494 174,765 23,271 15.4% F 1,046,684 1,124,982 78,298 7.5% F

Total Income $27,484,586 $2,338,982 $2,429,284 $90,302 3.9% F $15,963,108 $16,891,216 $928,108 5.8% F

Way & Power Dept. $13,041,382 $1,086,782 $1,161,603 ($74,821) -6.9% U $7,607,473 $7,631,097 ($23,624) -0.3% U

Equipment Dept. 9,442,979 786,915 720,861 66,054 8.4% F 5,508,404 4,319,439 1,188,965 21.6% F

Transportation Dept. 20,763,091 1,730,258 1,749,451 (19,193) -1.1% U 12,111,803 11,646,357 465,446 3.8% F

Administration Dept. 9,558,090 796,507 734,828 61,679 7.7% F 5,575,552 5,706,912 (131,360) -2.4% U

Insurance & Claims 1,880,123 156,677 135,142 21,535 13.7% F 1,096,738 811,550 285,188 26.0% F

Purchased Power 4,274,443 356,808 354,942 1,866 0.5% F 2,492,481 2,574,344 (81,863) -3.3% U

Sub-Total $58,960,107 $4,913,947 $4,856,827 $57,120 1.2% F $34,392,452 $32,689,699 $1,702,753 5.0% F

Rent-DRPA 6,122,000 510,167 510,167 — — F 3,571,165 3,571,165 — — F

Total Expenses $65,082,107 $5,424,114 $5,366,994 $57,120 1.1% F $37,963,617 $36,260,864 $1,702,753 4.5% F

Transit Subsidy (includes rent) ($37,597,521) ($3,085,132) ($2,937,710) $147,422 4.8% F ($22,000,509) ($19,369,648) $2,630,861 12.0% F

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- 16 -

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1. Safety Services Staff was involved in the following activities concerning Contractor Safety:

Conducted Contractor’s Safety Briefings and created the necessary follow-up reports of safety briefings as shown below (total of 58 people trained):

DATE CONTRACTOR PATCO

CONTRACT NO.

PROJECT/WORK AREA NUMBER

IN ATTENDANCE

09/03/19 AECOM GN-0005-19 Track Resurfacing 1

09/03/19 Arena Maintenance 66-2019 PATCO Station Floors 3

09/03/19 Haztek, Inc. DRPA 12-I Elevator Installation 4

09/03/19 KS Engineers GN-0005-19 Track Resurfacing 1

09/03/19 Protec Documentation

Svs. GN-0005-19 Track Resurfacing 1

09/09/19 Alstom Contract #18-

C Transit Car Overhaul 2

09/09/19 GNG Electrical

Contractors DRPA 12-I Elevator Installation 4

09/09/19 HNTB Corporation Contract

#14N

Lindenwold Yard

Rehab. 2

09/09/19 L.B. Foster Potential Supplier 1

09/09/19 PATCO New Hires CSA/Traffic Checker

Storekeeper 2

09/09/19 WBCM CS6226 City Hall Under Track

Inspection 3

09/09/19 Mobile Dredg Video Pipe CS6226 City Hall Under Track

Inspection 2

09/09/19 Garg Consulting Contract

#14N

Lindenwold Yard

Rehab. 1

MEMORANDUM PORT AUTHORITY TRANSIT CORPORATION of Pennsylvania & New Jersey

TO: John Rink

FROM: David Fullerton

SUBJECT: Monthly Report: Safety Department – September, 2019

DATE: October 1, 2019

- 19 -

DATE CONTRACTOR PATCO

CONTRACT NO.

PROJECT/WORK AREA NUMBER

IN ATTENDANCE

09/09/19 Tri-State Construction DRPA 12-I Elevator Installation 1

09/16/19 Accountants for You Fare Collection Temp. 1

09/16/19 Brinkerhoff Environ. Svs. Contract

#14N

Lindenwold Yard

Rehab. 2

09/16/19 D.M. Sabia DRPA 12-I Elevator Installation 3

09/16/19 Haztek, Inc. DRPA 12-I Elevator Installation 1


#14N

Lindenwold Yard

Rehab. 2

09/16/19 Oliver Communications PATCO Carwash Project 6

09/16/19 PKB Contract

#14N

Lindenwold Yard

Rehab. 2

09/23/19 Burns Engineering GN-0007-19 Shop and Office

Improvements 2

09/23/19 AP Construction DRPA 12-I Elevator Installation 1

09/23/19 D.M. Sabia DRPA 12-I Elevator Installation 1


#14N

Lindenwold Yard

Rehab. 1

09/23/19 PATCO New Hires Safety Specialist 1

09/23/19 Perry Resources Transit Ambassadors 2

Training Coordinated/Conducted by DRPA Safety

DATE CONTRACTOR

PATCO

CONTRACT

NO.

PROJECT/WORK AREA

NUMBER

IN

ATTENDANCE

09/09/19 DRPA New Hires BFB C&M Mechanics 2

09/23/19 DRPA New Hires Building Services Clerks 3

Drug & Alcohol Tests – for September 2019

Random Drug only 8 Random Alcohol only 0 Random Drug & Alcohol Reasonable Suspicion Drug only Reasonable Suspicion Alcohol only

4 0 0

Post-Accident 0 TOTAL TESTS COMPLETED 12

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2. Internal PATCO Safety Activities:

Attended PATCO Station Floor Upgrade (Philadelphia), PATCO-66-2019, Progress Meetings, September 3rd and September 17th, 2019

Attended PATCO Directors’ Meetings, September 3rd and September 17th, 2019

Participated in Defensive Driving Telephone Conferences, September 3rd, 4th, and 5th, 2019

Attended meeting with General Manager to review JWM progress, September 3rd, 2019

Attended BRB NJ Approach Resurfacing, BR-21-2018, Pre-Bid Meeting, September 4th, 2019

Conducted Maintenance Environmental Audits and Inspections for Equipment Department and Storeroom, September 4th, 2019

Conducted Maintenance Environmental Audits and Inspections for Way & Power Department, September 5th, 2019

Attended Safety Employees Discussion meeting, September 5th, 2019

Attended Transit Car In-Floor Hoist (SAP), PATCO-64-2018, Pre-Bid Meeting, September 6th, 2019

Attended PATCO Track Resurfacing, Contract No. 21-F(R), September 10th and September 24th, 2019

Attended CBB Painting Phase 2, CB-31-2016R, Progress Meeting, September 10th and September 24th, 2019

Conducted and participated in monthly SACC/Joint Workplace Committee meeting, September 12th, 2019

Attended Transit Car In-Floor Hoist (SAP), PATCO-64-2018, Site Visit, September 12th, 2019

Conducted and participated in Joint Workplace Members Committee meeting, September 17th, 2019

Attended PATCO SCADA Direct Observation—HP/EZ Camden Control Tower NJOFGSSO, September 18th, 2019

Participation in SMS/PTASP Skype Meeting, September 18th, 2019

Attended SSO/RTA Quarterly Safety Meeting, September 19th, 2019

Attended Labor Management Meeting, September 20th, 2019

Attended FTA RTA/SSO Workshop, Washington, DC, September 23rd – September 26th, 2019

Conducted and participated in Joint Workplace Members Committee meeting, September 24th, 2019

Conducted and participated in PATCO FSE Ashland Station Mid-Term Planning Meeting, September 26th, 2019

Attended SOP Meeting for SAP, September 27th, 2019

Attended Corridor Rehabilitation, WW-32-2018, Pre-Bid Meeting, September 30th, 2019

Attended Franklin Square Station 90% Design Meeting at PATCO, September 9th, 2019

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3. Internal DRPA Safety Activities:

Conducted WWB Shop Safety Inspections, September 3rd, 10th, 17th and 24th, 2019

Conducted CBB Shop Safety Inspections, September 4th, 11th, 18th and 26th, 2019

Attended Safety Sub-Committee, WWB, September 10th, 2019

Attended BRB Weekly Staff Meeting, September 13th, 2019

Attended Workplace Safety Meeting, BRB, September 17th, 2019

Attended BFB Prescription Safety Eyeglasses, September 23rd, 2019

Conducted Random D&A screenings with Interstate, September 24th, 2019

Reviewed various Health and Safety plans from contractors who were awarded construction and/or design projects during the month of September.

Reviewed and commented on various Engineering Technical and Special Provisions documents for future DRPA projects. Conducted various site safety visits and inspections at DRPA Non-OCIP construction projects at the four bridges.

4. Joint PATCO/DRPA Safety Activities:

Conducted and participated in weekly PATCO Contractor Safety Briefings on September 3rd, 9th, 16th, and 23rd, 2019

Administered Bi-weekly New Hire Orientation on September 9th and September 23rd, 2019

Conducted and participated in monthly SACC/Joint Workplace Committee meeting, September 12th, 2019

Attended Bridge Directors and Fleet’s Meeting with Safety and Risk Management, September 18th, 2019

Attended 2019 BFB Tour Dates Meeting, September 19th, 2019

Conducted and participated in Monthly Safety Services Progress Meeting, September 20th, 2019

Attended BFB Anchorage Tour for September, September 24th, 2019

5. Joint PATCO/DRPA Safety Outside Agency Involvement. None.

PATCO BOARD MINUTES

of 3


BOARD MEETING

One Port Center

2 Riverside Drive

Camden, New Jersey

Wednesday, September 18, 2019

PRESENT

Pennsylvania CommissionersRyan Boyer, Chairman of the BoardSean Murphy (for Pennsylvania Auditor General Eugene DePasquale)Donna PowellKathryn Cerulli Joyce (for Pennsylvania Treasurer Joseph Torsella) (via telephone)Christopher LewisKathleen McGinty (via telephone)

New Jersey CommissionersJeffrey Nash, Esq., Vice Chairman of the BoardAlbert FrattaliFrank DiAntonio (via telephone)Daniel Christy (via telephone)Charles FentressAaron Nelson (for Rick Taylor)

DRPA/PATCO StaffJohn T. Hanson, Chief Executive OfficerMaria Wing, Deputy Chief Executive OfficerRaymond J. Santarelli, General Counsel and Corporate SecretaryStephen Holden, Deputy General CounselNarisa Sasitorn, Deputy General CounselRobert Hicks, Chief Operating OfficerJames White, Chief Financial OfficerOrville Parker, Manager, Budget/Financial Analysis, FinanceToni P. Brown, Chief Administrative OfficerDavid Aubrey, Inspector GeneralJohn Rink, General Manager, PATCORohan Hepkins, Assistant General Manager, PATCOMark Ciechon, Director of Finance, PATCOJack Stief, Chief, Public SafetyChristina Maroney, Director, Strategic InitiativesRichard Mosback, Director of Procurement DRPA/PATCOWilliam Shanahan, Director, Government RelationsTonyelle Cook-Artis, Manager, Government RelationsMichael Venuto, Chief Engineer

of 3

DRPA/PATCO Staff (cont.)Larry Walton, Bridge Director, WWB & CBBVal Bradford, Bridge Director, BFB & BRBJames Simpson, Manager, Production SystemsMonica Gibbs, Assistant General CounselMike Williams, Director, Corporate CommunicationsElizabeth Saylor, Administrative Coordinator, Corporate Secretary, OGCKatherine Hilinski, Records ManagerDawn Whiton, Executive Assistant of the CEOBarbara Wagner, Executive Assistant of the CEO

Others PresentCraig Ambrose, Associate Counsel, New Jersey Governor’s Authorities UnitNedia Ralston, Director Governor’s Southeast Regional Office (via telephone)Allen Kessler, Esq., Duane Morris, LLP (Pennsylvania Counsel)Christopher Gibson, Esq. (New Jersey Counsel)Linda Hallowell, Wells Fargo BankJon Livingston, Jacobs Engineering GroupAlan Becker, Citizens’ Advisory Committee

OPEN SESSION

NoticeThe Corporate Secretary announced that pursuant to its by-laws public notice of this meeting ofthe PATCO Board of Commissioners had been given by posting proper notice in the lobby at OnePort Center and by issuing proper notice to the public and news media.

Roll CallChairman Boyer called the meeting to order at 9:31 a.m. and asked that the Corporate Secretarycall the roll. The following Commissioners were present, constituting a quorum: ChairmanBoyer, Vice Chairman Nash, Powell, Frattali, Christy, Perryman, Fentress, Murphy, DiAntonio,Joyce, McGinty, and Lewis.

Public CommentThere was no public comment.

Report of the General ManagerGeneral Manager Rink stated that his report stood as previously submitted.

Commissioner Lewis moved to approve the General Manager’s Report and Commissioner Frattaliseconded the motion. There were no questions or comments. All Commissioners in attendancevoted in the affirmative to approve the General Manager’s Report. The motion carried.

Approval of the August 21, 2019 PATCO Board Meeting MinutesChairman Boyer stated that the Minutes of the August 21, 2019 PATCO Board Meeting werepreviously provided to the Governors of New Jersey and Pennsylvania and to the PATCOCommissioners. Commissioner Frattali moved to approve the Minutes and Commissioner Powellseconded the motion. There were no comments on or corrections to the Minutes. All

of 3

Commissioners in attendance voted in the affirmative to approve the Minutes as submitted. Themotion carried.

Receipt and Filing of the Previously Approved List of Payments Covering the Month ofAugust 2019 and the Previously Approved List of Purchase Orders and Contracts Coveringthe Month of August 2019Chairman Boyer stated that the Lists of Previously Approved Payments covering the month ofAugust 2019 and the List of Previously Approved Purchase Orders and Contracts covering themonth of August 2019 were previously provided to all Commissioners. Commissioner Fentressmoved to receive and file the lists and Commissioner Powell seconded the motion. There were noquestions or comments on the lists. All Commissioners in attendance voted in the affirmative.The motion carried.

Receipt and Filing of the Balance Sheet and Equity Statement Dated June 30, 2019Chairman Boyer called for a motion to receive and file the Balance Sheet and Equity Statementdated June 30, 2019. Commissioner Fentress moved the motion and Commissioner Frattaliseconded the motion. There were no questions or comments. All Commissioners in attendancevoted in the affirmative. The motion carried.

New BusinessChairman Boyer reported that there was one (1) item of New Business for consideration, andintroduced the following:

PATCO-19-021 Consideration of Pending PATCO Contracts(Between $25,000 and $100,000)

Commissioner Fentress moved to adopt Resolution PATCO-19-021 and Commissioner Frattaliseconded the motion. There were no questions or comments on the Resolution. All Commissionersin attendance voted in the affirmative to adopt the Resolution. The motion carried.

Executive SessionThere were no Executive Session items.

AdjournmentWith no further PATCO business, Commissioner Fentress moved to adjourn the PATCO BoardMeeting and Commissioner Powell seconded the motion. All Commissioners in attendance votedto approve the motion and the PATCO Board Meeting adjourned at 9:34 a.m.


Raymond J. Santarelli, EsquireGeneral Counsel and Corporate Secretary

PATCO MONTHLY LIST OF

PREVIOUSLY APPROVED PAYMENTS

Vendor Name Item Description Resolution # / Authorization Amount

ARBILL INDUSTRIES INC 1st Aid & Safety Equipment 25KTHRES 2,612.70NEW PIG CORPORATION 1st Aid & Safety Equipment 25KTHRES 380.30PENDERGAST SAFETY EQUIPMENT CO 1st Aid & Safety Equipment 25KTHRES 139.00STAUFFER GLOVE & SAFETY 1st Aid & Safety Equipment 25KTHRES 177.12T. FRANK MCCALL'S, INC. 1st Aid & Safety Equipment 25KTHRES 69.60

1st Aid & Safety Equipment Total 3,378.72G & M PRINTWEAR Advertising - Promotions 25KTHRES 1,720.00

Advertising - Promotions Total 1,720.00APPLIED INDUSTRIAL TECHNOLOGIES Air Compressor/Accessories 25KTHRES 1,491.00KAESER COMPRESSORS Air Compressor/Accessories 25KTHRES 5,587.78

Air Compressor/Accessories Total 7,078.78ALMOND GLASS WORKS, INC. Auto Body Parts & Access. 25KTHRES 650.00REIT LUBRICANTS CO. Auto Body Parts & Access. 25KTHRES 3,539.48WESTFLEET Auto Body Parts & Access. 25KTHRES 688.50

Auto Body Parts & Access. Total 4,877.98REDY BATTERY Batteries 25KTHRES 490.24

Batteries Total 490.24ERICO INTERNATIONAL CORPORATION Buildings Grounds & Maint. 25KTHRES 504.45GKY INDUSTRIES Buildings Grounds & Maint. 25KTHRES 1,285.00McMASTER-CARR SUPPLY CO Buildings Grounds & Maint. 25KTHRES 217.52MKG SALES ASSOCIATES, INC. Buildings Grounds & Maint. 25KTHRES 499.88VOSSLOH TRACK MATERIAL INC Buildings Grounds & Maint. 25KTHRES 11,344.00

Buildings Grounds & Maint. Total 13,850.85KSL SUPPLIES INC. Chemicals/Solvents-Commercial 25KTHRES 443.04

Chemicals/Solvents-Commercial Total 443.04ARAMSCO, INC. Cleaning Chemicals 25KTHRES 373.65SUPREME SAFETY, INC Cleaning Chemicals 25KTHRES 298.80

Cleaning Chemicals Total 672.45AMERIHEALTH INSURANCE COMPANY Cobra Reimbursement D-18-080 974.17DELTA DENTAL OF NEW JERSEY, INC. Cobra Reimbursement D-17-059 66.67VISION BENEFITS OF AMERICA Cobra Reimbursement D-17-060 20.40

Cobra Reimbursement Total 1,061.24CUBIC TRANSPORTATION SYSTEMS Contract Service Expense P-17-006 53,875.40JOHNSON CONTROLS FIRE PROTECTION LP Contract Service Expense 25KTHRES 1,481.76OLIVER COMMUNICATIONS GROUP INC. Contract Service Expense 25KTHRES 5,488.00ONE CALL CONCEPTS, INC. Contract Service Expense 25KTHRES 97.92PENNSYLVANIA INSERT CORPORATION Contract Service Expense 25KTHRES 840.00SEPTA Contract Service Expense P-18-041 76,469.72SLATEBELT SAFETY Contract Service Expense 25KTHRES 3,893.00TERMINIX Contract Service Expense 25KTHRES 775.00

Contract Service Expense Total 142,920.80EPLUS TECHNOLOGY, INC Data Processing Services & Switches 25KTHRES 4,488.96SCHNEIDER ELECTRIC BUILDINGS AMERIC Data Processing Services & Switches 25KTHRES 1,090.64

Data Processing Services & Switches Total 5,579.60RIGGINS INC Diesel Fuel D-18-063 4,768.00

Diesel Fuel Total 4,768.00BILLOWS ELEC SUPPLY CO I NC Direct Materials 25KTHRES 172.33GRAYBAR ELECTRIC CO INC Direct Materials 25KTHRES 240.70HOME DEPOT CREDIT SERVICES Direct Materials 25KTHRES 1,366.90LOWE'S Direct Materials 25KTHRES 160.63MAGNOLIA GARDEN VILLAGE Direct Materials 25KTHRES 195.99PEIRCE-PHELPS, INC Direct Materials 25KTHRES 203.31SOUTH CAMDEN IRON WORKS Direct Materials 25KTHRES 251.73T&T SUPPLY Direct Materials 25KTHRES 779.48

Direct Materials Total 3,371.07COOPER ELECTRIC SUPPLY CO. Electrical & Signal Parts 25KTHRES 473.00ELECTRONIC CONNECTIONS INTERNATIONA Electrical & Signal Parts 25KTHRES 517.50KC ELECTRONICS DISTRIBUTORS INC Electrical & Signal Parts 25KTHRES 578.00TRI-DIM FILTER CORPORATION Electrical & Signal Parts 25KTHRES 313.92

Electrical & Signal Parts Total 1,882.42ALLIED WIRE & CABLE Electrical Components & Parts 25KTHRES 4,111.49ARBILL INDUSTRIES INC Electrical Components & Parts 25KTHRES 508.08COOPER ELECTRIC SUPPLY CO. Electrical Components & Parts 25KTHRES 209.77ELECTRONIC CONNECTIONS INTERNATIONA Electrical Components & Parts 25KTHRES 172.00SUPREME SAFETY, INC Electrical Components & Parts 25KTHRES 2,076.00

Electrical Components & Parts Total 7,077.34

Port Authority Transit CorporationMonthly List Of Previously Approved Payments 09/01/19 through 09/30/19

Meeting Date 10/16/19

COOPER ELECTRIC SUPPLY CO. Electrical Equipment & Supplies 25KTHRES 893.39ELECTRONIC CONNECTIONS INTERNATIONA Electrical Equipment & Supplies 25KTHRES 214.90FRANKLIN - GRIFFITH, LLC Electrical Equipment & Supplies 25KTHRES 78.00HAFCO FOUNDRY & MACHINE CO. Electrical Equipment & Supplies 25KTHRES 3,325.00McMASTER-CARR SUPPLY CO Electrical Equipment & Supplies 25KTHRES 318.00NEWARK ELEMENT 14 Electrical Equipment & Supplies 25KTHRES 126.76PEMBERTON ELECTRICAL SUPPLY COMPANY Electrical Equipment & Supplies 25KTHRES 943.84T. FRANK MCCALL'S, INC. Electrical Equipment & Supplies 25KTHRES 80.50

Electrical Equipment & Supplies Total 5,980.39ATLANTIC CITY ELECTRIC Electricity Expense Utility 36.48PSE&G CO. Electricity Expense Utility 16,524.69

Electricity Expense Total 16,561.17AFLAC Employee Payroll Deductions NONE 13,913.79NATIONAL DRIVE Employee Payroll Deductions NONE 8.00TREASURER - STATE OF NEW JERSEY Employee Payroll Deductions NONE 64,681.29UNITED WAY OF GREATER PHILA Employee Payroll Deductions NONE 390.48VOYA FINANCIAL Employee Payroll Deductions NONE 63,558.60

Employee Payroll Deductions Total 142,552.16SOUTH JERSEY WELDING SUPPLY CO Equipment & Tools 25KTHRES 753.64

Equipment & Tools Total 753.64ALLIED ELECTRONICS & AUTOMATION Fare Collection Equipment 25KTHRES 194.16COIN ACCEPTORS Fare Collection Equipment 25KTHRES 88.80CONTROL GROUP COMPANIES LLC Fare Collection Equipment 25KTHRES 488.60GLOBAL EQUIPMENT CO. Fare Collection Equipment 25KTHRES 127.31TEAM ONE REPAIR, INC. Fare Collection Equipment 25KTHRES 4,113.02

Fare Collection Equipment Total 5,011.89CONTROL GROUP COMPANIES LLC Fasteners 25KTHRES 1,368.48GKY INDUSTRIES Fasteners 25KTHRES 7.50McMASTER-CARR SUPPLY CO Fasteners 25KTHRES 99.58MUENZ ENGINEERED Fasteners 25KTHRES 2,900.83SHALLCROSS BOLT AND SPECIALTIES CO. Fasteners 25KTHRES 256.50

Fasteners Total 4,632.89INTERNAL REVENUE SERVICE Federal/FICA Payroll Taxes NONE 606,208.96

Federal/FICA Payroll Taxes Total 606,208.96TRISTATE INDUSTRIAL DISTRIBUTORS OF Fire Protection Equipment 25KTHRES 3,696.00

Fire Protection Equipment Total 3,696.00APPLIED INDUSTRIAL TECHNOLOGIES Fuel/Oil/Grease 25KTHRES 214.73GRAINGER Fuel/Oil/Grease 25KTHRES 699.75HOUGH PETROLEUM CORP Fuel/Oil/Grease 25KTHRES 625.90METRO HYDRAULIC JACK CO. Fuel/Oil/Grease 25KTHRES 264.36PETRO CHOICE Fuel/Oil/Grease 25KTHRES 723.12TRISTATE INDUSTRIAL DISTRIBUTORS OF Fuel/Oil/Grease 25KTHRES 312.00WHARTON HARDWARE & SUPPLY CORP. Fuel/Oil/Grease 25KTHRES 501.00

Fuel/Oil/Grease Total 3,340.86RIGGINS INC Gasoline - Unleaded D-18-063 9,377.65

Gasoline - Unleaded Total 9,377.65PENN MACHINE COMPANY LLC Gearbox Rebuild P-18-025 45,981.98

Gearbox Rebuild Total 45,981.98SYMETRA LIFE INSURANCE COMP. Group LIfe & Accident Insurance Payable D-17-074 37,748.75

Group LIfe & Accident Insurance Payable Total 37,748.75CAMDEN TOOL Hand Tools 25KTHRES 139.47SNAP-ON INDUSTRIAL Hand Tools 25KTHRES 2,734.29

Hand Tools Total 2,873.76INDCO INC Hardware & Related Items 25KTHRES 94.50

Hardware & Related Items Total 94.50SOUTH JERSEY GAS COMPANY Heating Expense Utility 936.93

Heating Expense Total 936.93TRI-DIM FILTER CORPORATION HVAC 25KTHRES 358.56

HVAC Total 358.56Philip A. Wames Insurance Opt-Out 25KTHRES 1,000.00

Insurance Opt-Out Total 1,000.00CENTRAL POLY-BAG CORP. Janitorial Supplies P-18-028 1,719.20CL PRESSER CO Janitorial Supplies 25KTHRES 94.05INDCO INC Janitorial Supplies 25KTHRES 1,384.25VALLEN DISTRIBUTION, INC. Janitorial Supplies 25KTHRES 202.25

Janitorial Supplies Total 3,399.75SCHIAVONE ELECTRONIC LABS, INC. Magnaflux Machine P-19-002 96,780.00

Magnaflux Machine Total 96,780.00EMSL ANALYTICAL INC Maintenance/Repair Generator Equipment 25KTHRES 48.00

Maintenance/Repair Generator Equipment Total 48.00FRANKLIN - GRIFFITH, LLC Maintenance/Repair Test Equipment 25KTHRES 550.00

Maintenance/Repair Test Equipment Total 550.00AMERIHEALTH INSURANCE COMPANY Medical D-18-080 179,001.90DELTA DENTAL OF NEW JERSEY, INC. Medical D-17-059 6,967.48VISION BENEFITS OF AMERICA Medical D-17-060 828.70

Medical Total 186,798.08McMASTER-CARR SUPPLY CO Metals 25KTHRES 95.06

Metals Total 95.06

ALLIED PRINTING RESOURCES Office Supplies 25KTHRES 3,300.00G A BLANCO & SONS INC. Office Supplies 25KTHRES 625.00QUIKSTITCH EMBROIDERY Office Supplies 25KTHRES 96.00REFLECTIVE APPAREL FACTORY, INC Office Supplies 25KTHRES 117.95STAPLES Office Supplies 25KTHRES 108.13ULINE, INC Office Supplies 25KTHRES 243.93W.B. MASON CO. INC Office Supplies D-17-085 876.06

Office Supplies Total 5,367.07W.B. MASON CO. INC Other Office Expenses D-17-037 141.12

Other Office Expenses Total 141.12PA DEPT OF REVENUE PA Payroll Taxes NONE 12,822.23

PA Payroll Taxes Total 12,822.23PATCO - Payroll Account Payroll For Accounting Period NONE 1,290,435.52

Payroll For Accounting Period Total 1,290,435.52PNC BANK P-CARD P-Card Purchases NONE 19,566.08

P-Card Purchases Total 19,566.08PA STATE EMPLOYEES RETIREMENT SYSTE Pension - PA SERS NONE 610,575.68

Pension - PA SERS Total 610,575.68CITY OF PHILADELPHIA Philadelphia Payroll Taxes NONE 10,105.66

Philadelphia Payroll Taxes Total 10,105.66ENGINEERED HYDRAULICS, INC Plumbing Equipment & Supplies 25KTHRES 96.95McMASTER-CARR SUPPLY CO Plumbing Equipment & Supplies 25KTHRES 9.06

Plumbing Equipment & Supplies Total 106.01FEDERAL EXPRESS CORPORATION Postage Expenses 25KTHRES 158.47

Postage Expenses Total 158.47CERTIFIED SPEEDOMETER SERVICE Professional Fees 25KTHRES 231.00

Professional Fees Total 231.00STV INCORPORATED Professional Fees - Consulting P-18-023 24,449.68

Professional Fees - Consulting Total 24,449.68STEVENS & LEE Professional Fees - Labor Relations D-19-030 1,397.90

Professional Fees - Labor Relations Total 1,397.90COMMONWEALTH OF PENNSYLVANIA Professional Fees - Medical 25KTHRES 10.00IMX MEDICAL MANAGEMENT SVCS INC Professional Fees - Medical 25KTHRES 2,165.00US REGIONAL OCCUPATIONAL HEALTH II Professional Fees - Medical P-18-004 2,049.30

Professional Fees - Medical Total 4,224.30ACADACA, LLC Professional Services P-18-005 13,125.00

Professional Services Total 13,125.00PECO ENERGY Purchased Power NONE 41,207.20

Purchased Power Total 41,207.20INDCO INC Rags, Shop Towels 25KTHRES 984.00

Rags, Shop Towels Total 984.00IRON MOUNTAIN INCORPORATED Records Management Fees D-17-035 298.76

Records Management Fees Total 298.76FONTELL BUSH Refund 25KTHRES 8.40GREGORY ROSSI Refund 25KTHRES 15.00KARL FLAIL Refund 25KTHRES 16.38LYNDSEY MONETTI Refund 25KTHRES 7.80MARY FLAIL Refund 25KTHRES 13.96NICK RABATIN Refund 25KTHRES 10.00YEIMI DOUJON Refund 25KTHRES 10.00

Refund Total 81.54PITNEY BOWES Rent/Lease-Office Equipment 25KTHRES 219.00

Rent/Lease-Office Equipment Total 219.00SAFETY-KLEEN CORPORATION Rental - Property & Other Equipment 25KTHRES 869.00WILLIAMS SCOTSMAN INC. Rental - Property & Other Equipment 25KTHRES 903.44

Rental - Property & Other Equipment Total 1,772.44DIRECTV Rental Expenses - Other 25KTHRES 73.99

Rental Expenses - Other Total 73.99QUAL LYNX (ACH TRANSFER) Reserve for Self Insurance P-18-043 889.04

Reserve for Self Insurance Total 889.04AMERIHEALTH INSURANCE COMPANY Retiree Medical Insurance D-18-080 27,148.27The Estate of Wilmer Ward Retiree Medical Insurance 25KTHRES 65.00UNITED HEALTHCARE Retiree Medical Insurance D-18-119 48,306.74

Retiree Medical Insurance Total 75,520.01HORIZON BLUE CROSS BLUE SHIELD OF N Retiree Medical Perscription Insurance Over 65 D-18-108 14,467.76

Retiree Medical Perscription Insurance Over 65 Total 14,467.76COMCAST BUSINESS Software License Fees 25KTHRES 548.93

Software License Fees Total 548.93TEAMSTERS HEALTH & WELFARE Teamsters Health and Welfare P-18-045 327,228.78

Teamsters Health and Welfare Total 327,228.78TEAMSTER PENSION FUND Teamsters Pension P-18-045 131,752.89

Teamsters Pension Total 131,752.89TEAMSTERS LOCAL UNION 676 Teamsters Union Dues NONE 11,434.00

Teamsters Union Dues Total 11,434.00SAP NATIONAL SECURITY SERVICES INC Technology Service Contracts D-18-024 59,810.20SAP PUBLIC SERVICES INC Technology Service Contracts D-18-024 12,792.50

Technology Service Contracts Total 72,602.70

VERIZON Telephone & Telecom Expense Utility 29.53Telephone & Telecom Expense Total 29.53

CUBIC TRANSPORTATION SYSTEMS Temp Services - Customer Service Center P-16-026 25,440.83Temp Services - Customer Service Center Total 25,440.83

ACCOUNTANTS FOR YOU Temporary Services D-17-062 6,593.94CONTROLS AND AUTOMATION CONSULTANTS Temporary Services D-17-062 4,710.11ISEARCH PARTNERS INC Temporary Services D-17-062 3,279.74

Temporary Services Total 14,583.79TIRE CORRAL OF AMERICA, INC. Tires and Tubes 25KTHRES 92.89

Tires and Tubes Total 92.89JOSEPH FAZZIO Track & Right of Way Maint 25KTHRES 5,655.19KAESER COMPRESSORS Track & Right of Way Maint 25KTHRES 809.20

Track & Right of Way Maint Total 6,464.39RAM INDUSTRIAL SERVICES, LLC Traction Motor Rebuilds P-16-018 26,041.00SHERWOOD ELECTROMOTION INC. Traction Motor Rebuilds P-16-018 12,987.00SWIGER COIL SYSTEMS Traction Motor Rebuilds P-16-018 59,367.64WALCO ELECTRIC COMPANY Traction Motor Rebuilds P-16-018 16,731.00

Traction Motor Rebuilds Total 115,126.64CITY OF PHILADELPHIA Training Registration Fees 25KTHRES 300.00

Training Registration Fees Total 300.00ACCOUNTANTS FOR YOU Transit Ambassadors P-19-010 26,626.50

Transit Ambassadors Total 26,626.50FRANKLIN - GRIFFITH, LLC Transit Car Equipment-Electrical 25KTHRES 325.00HOPPECKE BATTERIES, INC. Transit Car Equipment-Electrical P-19-003 6,415.04TEKNOWARE, INC. Transit Car Equipment-Electrical 25KTHRES 1,564.50TRISTATE INDUSTRIAL DISTRIBUTORS OF Transit Car Equipment-Electrical 25KTHRES 855.00UNITED REFRIGERATION, INC. Transit Car Equipment-Electrical 25KTHRES 143.22

Transit Car Equipment-Electrical Total 9,302.76AIM ELECTRONICS Transit Car Equipment-Mechanical 25KTHRES 1,544.65APPLIED INDUSTRIAL TECHNOLOGIES Transit Car Equipment-Mechanical 25KTHRES 367.00BROAD ALLIANCE TRANSPORT SUPPLY, LL Transit Car Equipment-Mechanical 25KTHRES 1,169.00GKY INDUSTRIES Transit Car Equipment-Mechanical 25KTHRES 244.00GROVER PRODUCTS Transit Car Equipment-Mechanical 25KTHRES 1,455.00HELWIG CARBON PRODUCTS, INC. Transit Car Equipment-Mechanical P-18-036 35,370.00JAMES L. HOWARD & CO., INC. Transit Car Equipment-Mechanical 25KTHRES 631.12LUBRICATION ENGINEERS, INC. Transit Car Equipment-Mechanical 25KTHRES 1,282.30SEATS, INC. Transit Car Equipment-Mechanical 25KTHRES 1,396.32SHAMONG MFG. COMPANY Transit Car Equipment-Mechanical 25KTHRES 428.50SNAP-ON INDUSTRIAL Transit Car Equipment-Mechanical 25KTHRES 1,333.92STRATO INC. Transit Car Equipment-Mechanical 25KTHRES 348.67TRANSIT OUTSOURCE COMPANY Transit Car Equipment-Mechanical 25KTHRES 4,382.50TRI-DIM FILTER CORPORATION Transit Car Equipment-Mechanical 25KTHRES 1,519.85TRISTATE INDUSTRIAL DISTRIBUTORS OF Transit Car Equipment-Mechanical 25KTHRES 88.60WABTEC GLOBAL SERVICES Transit Car Equipment-Mechanical P-18-036 362.49WABTEC PASSENGER TRANSIT Transit Car Equipment-Mechanical P-18-042 47,934.40WESTCODE INC. Transit Car Equipment-Mechanical P-18-044 124.10

Transit Car Equipment-Mechanical Total 99,982.42COUNTY CONSERVATION COMPANY, LLC Trash Removal 25KTHRES 180.00REPUBLIC SERVICES #628 Trash Removal P-17-016 3,779.69TAB INC. Trash Removal 25KTHRES 150.00WASTE MANAGEMENT OF NEW JERSEY Trash Removal P-19-007 2,072.32

Trash Removal Total 6,182.01Chong H. Young Travel Expenses 25KTHRES 17.40Joel Maldonado Travel Expenses 25KTHRES 69.60Kevin J. Hyslop Travel Expenses 25KTHRES 18.56LATOYIA SHOCKLEY Travel Expenses 25KTHRES 18.56Mark S. Ciechon Travel Expenses 25KTHRES 55.68Thomas M. Knetz Travel Expenses 25KTHRES 62.06

Travel Expenses Total 241.86Andrew M. Simko Tuition Reimbursement Expense 25KTHRES 960.00

Tuition Reimbursement Expense Total 960.00CUBIC TRANSPORTATION SYSTEMS Unified Fare System Device Management P-18-007 157,844.80

Unified Fare System Device Management Total 157,844.80UNIFIRST CORPORATION Uniform Cleaning Expense P-18-028 3,860.11

Uniform Cleaning Expense Total 3,860.11A&A SALES ASSOCIATES, LLC Uniform Expense 25KTHRES 572.70ANA SOURCING LLC Uniform Expense 25KTHRES 2,268.00DEBI DETWILER ASSOCIATES LLC Uniform Expense 25KTHRES 682.50NORTHSTAR INDUSTRIAL SUPPLY, LLC Uniform Expense 25KTHRES 781.20PNC BANK P-CARD Uniform Expense NONE 184.00QUIKSTITCH EMBROIDERY Uniform Expense 25KTHRES 276.00REFLECTIVE APPAREL FACTORY, INC Uniform Expense 25KTHRES 1,307.87

Uniform Expense Total 6,072.27AUTO & TRUCK PARTS Vehicle Parts for Repairs D-19-026 2,212.88GENUINE PARTS COMPANY Vehicle Parts for Repairs D-19-026 599.95JESCO INC. Vehicle Parts for Repairs 25KTHRES 95.99NAPA AUTO PARTS Vehicle Parts for Repairs D-18-013 31.83

Vehicle Parts for Repairs Total 2,940.65

CAMDEN COUNTY SHERIFF'S OFFICE Wage Attachment NONE 597.90EXPERTPAY CHILD SUPPORT Wage Attachment NONE 13,053.14

Wage Attachment Total 13,651.04CITY OF CAMDEN Water & Sewer Expense Utility 175.23CITY OF PHILA Water & Sewer Expense Utility 6,017.99NEW JERSEY AMERICAN WATER Water & Sewer Expense Utility 2,380.27

Water & Sewer Expense Total 8,573.49XYLEM WATER SOLUTIONS USA, INC. Water Testing 25KTHRES 2,509.30

Water Testing Total 2,509.30TRISTATE INDUSTRIAL DISTRIBUTORS OF Welding Equipment & Supplies 25KTHRES 19.80

Welding Equipment & Supplies Total 19.80Grand Total 4,546,545.35

* D indicates a DRPA resolution* P indicates a PATCO resolution

PATCO MONTHLY LIST OF

PREVIOUSLY APPROVED

PURCHASE ORDERS & CONTRACTS

PATCO Monthly List of Previously Approved Purchase Order Contracts - September 2019

Purchasing

Document

Item Document

Date

Vendor/supplying plant Material Group

Desc.

Net Order

Value

4500011638 207.25

4500011638 1 9/3/2019 101770 VALLEN DISTRIBUTION, INC. JANITORIAL SUPPLIES 207.25

4500011643 243.93

4500011643 1 9/4/2019 100675 ORMSBY'S LAWN EQUIPMENT FUEL/OIL/GREASE 243.93

4500011645 3,675.44

4500011645 1 9/4/2019 100828 CUBIC TRANSPORTATION SYSTEMS FARE COLLECTION EQP 1,448.50

4500011645 2 9/4/2019 100828 CUBIC TRANSPORTATION SYSTEMS FARE COLLECTION EQP 131.70


4500011645 4 9/4/2019 100828 CUBIC TRANSPORTATION SYSTEMS FARE COLLECTION EQP 1,700.64

4500011648 1,155.50


4500011649 713.76

4500011649 1 9/5/2019 101191 TRISTATE INDUSTRIAL DISTRIBUTORS OF JANITORIAL SUPPLIES 190.80



4500011650 249.50

4500011650 1 9/5/2019 100393 REFLECTIVE APPAREL FACTORY, INC CLOTHING UNIFORM 84.75




4500011651 22,537.49

4500011651 1 9/5/2019 101233 WABTEC TRAN CAR EQUIP-MECH 8,475.00

4500011651 2 9/5/2019 101233 WABTEC HVAC 3,592.20

4500011651 3 9/5/2019 101233 WABTEC TRAN CAR EQUIP-MECH 366.03







4500011652 1,965.00




4500011653 208.80

4500011653 1 9/5/2019 100103 CL PRESSER CO ELEC EQP/SUPP-NO CBL 208.80

4500011654 22,497.49

4500011654 1 9/5/2019 101233 WABTEC HVAC 3,592.20








4500011655 701.44

4500011655 1 9/5/2019 100735 ARBILL INDUSTRIES INC 1ST AID & SAFETY EQP 71.84






4500011656 506.00



4500011657 191.94



4500011658 3,150.00

4500011658 1 9/5/2019 100492 UNIVERSITY OF PENNSYLVANIA POLICE EQP AND SUPP 3,150.00

4500011660 101.40

4500011660 1 9/6/2019 101191 TRISTATE INDUSTRIAL DISTRIBUTORS OF PLUMBING EQP & SUPP 70.38

4500011660 2 9/6/2019 101191 TRISTATE INDUSTRIAL DISTRIBUTORS OF TRANS CAR EQUIP-ELEC 6.60

4500011660 3 9/6/2019 101191 TRISTATE INDUSTRIAL DISTRIBUTORS OF HAND TOOLS 24.42

4500011661 36.36

4500011661 1 9/6/2019 100103 CL PRESSER CO HAND TOOLS 36.36

4500011662 8,210.88

4500011662 1 9/6/2019 102340 MCCARTHY TIRE SERVICE COMPANY TIRES AND TUBES 8,210.88

4500011663 455.10

4500011663 1 9/6/2019 100231 INDCO INC JANITORIAL SUPPLIES 348.60


4500011663 2 9/6/2019 100231 INDCO INC HARDWARE & RELATED 94.50

4500011663 3 9/6/2019 100231 INDCO INC JANITORIAL SUPPLIES 12.00

4500011664 1,786.70

4500011664 1 9/6/2019 102299 PURE PROMO, INC. AD/PROMO ITEMS 1,700.00

4500011664 2 9/6/2019 102299 PURE PROMO, INC. AD/PROMO ITEMS 86.70

4500011665 251.80

4500011665 1 9/6/2019 100731 APPLIED INDUSTRIAL TECHNOLOGIES TRAN CAR EQUIP-MECH 251.80

4500011667 620.00

4500011667 1 9/6/2019 100525 Y-PERS, INC. ELEC EQP/SUPP-NO CBL 620.00

4500011668 58.20

4500011668 1 9/6/2019 101615 McMASTER-CARR SUPPLY CO FASTENERS 33.20

4500011668 2 9/6/2019 101615 McMASTER-CARR SUPPLY CO FASTENERS 25.00

4500011669 39.25

4500011669 1 9/6/2019 100191 GKY INDUSTRIES FASTENERS 11.25


4500011670 399.00

4500011670 1 9/6/2019 101973 SUPREME SAFETY, INC ELEC EQP/SUPP-NO CBL 399.00

4500011674 216.00

4500011674 1 9/9/2019 101067 PEMBERTON ELECTRICAL SUPPLY COMPANYELEC EQP/SUPP-NO CBL 216.00

4500011676 2,348.25

4500011676 1 9/9/2019 100644 FRANKLIN - GRIFFITH, LLC ELEC&SIG PARTS/MAINT 2,348.25

4500011678 76.00

4500011678 1 9/9/2019 100014 A&M INDUSTRIAL, INC FASTENERS 76.00

4500011679 2,292.00

4500011679 1 9/9/2019 100176 BARTUK HOSE & HYDRAULICS TRAN CAR EQUIP-MECH 2,292.00

4500011680 118.10

4500011680 1 9/9/2019 101489 AALL AMERICAN FASTENERS TRAN CAR EQUIP-MECH 67.00

4500011680 2 9/9/2019 101489 AALL AMERICAN FASTENERS FASTENERS 7.00



4500011681 12.50


4500011682 3,517.14

4500011682 1 9/9/2019 100729 HITACHI RAIL STS USA, INC. TRK&RHT OF WAY MAINT 3,130.14

4500011682 2 9/9/2019 100729 HITACHI RAIL STS USA, INC. TRK&RHT OF WAY MAINT 108.00

4500011682 3 9/9/2019 100729 HITACHI RAIL STS USA, INC. TRK&RHT OF WAY MAINT 279.00

4500011683 96.60

4500011683 1 9/9/2019 101330 SHALLCROSS BOLT AND SPECIALTIES CO. FASTENERS 15.00








4500011686 760.00

4500011686 1 9/10/2019 100379 QUIKSTITCH EMBROIDERY CLOTHING ACCESSORIES 320.00

4500011686 2 9/10/2019 100379 QUIKSTITCH EMBROIDERY CLOTHING ACCESSORIES 440.00

4500011687 1,980.00

4500011687 1 9/10/2019 100116 CONTEMPORARY MACHINERY & HAND TOOLS 1,980.00

4500011688 78.00

4500011688 1 9/10/2019 100963 KSL SUPPLIES INC. TRAN CAR EQUIP-MECH 78.00

4500011689 108.41

4500011689 1 9/10/2019 100318 NEW PIG CORPORATION 1ST AID & SAFETY EQP 108.41

4500011690 84.63

4500011690 1 9/10/2019 100428 THORNTON ENTERPRISES INC WELDING EQP & SUPP 84.63

4500011691 1,702.36

4500011691 1 9/10/2019 100646 W.W. GRAINGER INC. CLEANING MATERIALS 1,702.36

4500011692 998.75

4500011692 1 9/10/2019 100698 MONARCH GLOBAL BRANDS, INC. RAGS, SHOP TOWELS 998.75

4500011694 5,037.50

4500011694 1 9/10/2019 100913 HELWIG CARBON PRODUCTS, INC. TRAN CAR EQUIP-MECH 5,037.50

4500011696 4,163.54

4500011696 1 9/10/2019 100644 FRANKLIN - GRIFFITH, LLC ELEC&SIG PARTS/MAINT 1,342.50

4500011696 2 9/10/2019 100644 FRANKLIN - GRIFFITH, LLC COMP ACCESS./SUPP. 470.40

4500011696 3 9/10/2019 100644 FRANKLIN - GRIFFITH, LLC CLEANING MATERIALS 188.00

4500011696 4 9/10/2019 100644 FRANKLIN - GRIFFITH, LLC ELEC EQP/SUPP-NO CBL 2,100.00

4500011696 5 9/10/2019 100644 FRANKLIN - GRIFFITH, LLC ELECTRON COMPON/PRTS 62.64

4500011697 280.00

4500011697 1 9/10/2019 101067 PEMBERTON ELECTRICAL SUPPLY COMPANYELEC&SIG PARTS/MAINT 280.00

4500011699 34.75



4500011700 117.88

4500011700 1 9/11/2019 100818 COOPER ELECTRIC SUPPLY CO. ELEC&SIG PARTS/MAINT 117.88

4500011702 57.20

4500011702 1 9/11/2019 100755 BDF CHEMICAL CO INC PLUMBING EQP & SUPP 57.20

4500011703 46.00

4500011703 1 9/11/2019 100644 FRANKLIN - GRIFFITH, LLC HAND TOOLS 46.00

4500011704 140.88

4500011704 1 9/11/2019 100607 CAMDEN TOOL HAND TOOLS 140.88

4500011705 221.75

4500011705 1 9/11/2019 100646 W.W. GRAINGER INC. 1ST AID & SAFETY EQP 221.75

4500011706 329.90

4500011706 1 9/11/2019 101037 NEWARK ELEMENT 14 ELECTRON COMPON/PRTS 329.90

4500011707 1,276.00

4500011707 1 9/11/2019 101734 NATIONAL ELECTRICAL CARBON PRODUCTSTRANS CAR EQUIP-ELEC 1,276.00

4500011709 2,040.40

4500011709 1 9/11/2019 100337 PAPER MART INC PAPER OFFCE/PRT SHOP 1,778.40

4500011709 2 9/11/2019 100337 PAPER MART INC PAPER OFFCE/PRT SHOP 262.00

4500011711 1,357.11

4500011711 1 9/11/2019 101037 NEWARK ELEMENT 14 TRK&RHT OF WAY MAINT 1,357.11

4500011712 106.24

4500011712 1 9/11/2019 101615 McMASTER-CARR SUPPLY CO PLUMBING EQP & SUPP 9.06

4500011712 2 9/11/2019 101615 McMASTER-CARR SUPPLY CO METALS 97.18

4500011724 5,616.12

4500011724 1 9/12/2019 101438 MOTION INDUSTRIES TRAN CAR EQUIP-MECH 5,616.12

4500011727 520.08

4500011727 1 9/13/2019 101256 GRAYBAR ELECTRIC CO INC ELEC&SIG PARTS/MAINT 14.08

4500011727 2 9/13/2019 101256 GRAYBAR ELECTRIC CO INC TRK&RHT OF WAY MAINT 506.00

4500011728 1,345.82

4500011728 1 9/13/2019 101191 TRISTATE INDUSTRIAL DISTRIBUTORS OF SHOES AND BOOTS 156.00


4500011728 3 9/13/2019 101191 TRISTATE INDUSTRIAL DISTRIBUTORS OF TRANS CAR EQUIP-ELEC 807.50

4500011730 68.26

4500011730 1 9/13/2019 100690 RG INDUSTRIES INC PLUMBING EQP & SUPP 68.26

4500011731 508.08

4500011731 1 9/13/2019 100735 ARBILL INDUSTRIES INC ELECTRON COMPON/PRTS 508.08

4500011732 6,045.00

4500011732 1 9/13/2019 102195 ASPEN REFRIGERENTS, INC. INDUSTRIAL GASES 6,045.00

4500011737 997.82

4500011737 1 9/13/2019 102386 IPROMOTEU AD/PROMO ITEMS 464.10








4500011738 4,620.00

4500011738 1 9/16/2019 100485 UKM TRANSIT PRODUCTS, INC. TRAN CAR EQUIP-MECH 4,620.00

4500011740 64.50

4500011740 1 9/16/2019 100014 A&M INDUSTRIAL, INC HAND TOOLS 64.50

4500011741 99.10



4500011742 294.66

4500011742 1 9/16/2019 100979 M S C INDUSTRIAL SUPPLY CO. INC. HAND TOOLS 294.66

4500011743 276.85






4500011744 1,639.02

4500011744 1 9/16/2019 100406 RUMSEY ELECTRIC COMPANY TRK&RHT OF WAY MAINT 1,639.02

4500011746 110.06

4500011746 1 9/16/2019 100713 ALLIED ELECTRONICS & AUTOMATION ELECTRON COMPON/PRTS 110.06

4500011749 12,617.70




4500011750 67.66

4500011750 1 9/17/2019 101037 NEWARK ELEMENT 14 FARE COLLECTION EQP 67.66


4500011751 1,145.40

4500011751 1 9/17/2019 101189 TRI-DIM FILTER CORPORATION TRAN CAR EQUIP-MECH 648.00

4500011751 2 9/17/2019 101189 TRI-DIM FILTER CORPORATION HVAC 61.68



4500011752 152.50

4500011752 1 9/17/2019 100144 E.O. HABHEGGER CO., INC. OFFICE EQUIPMENT 152.50

4500011757 19,200.00

4500011757 1 9/18/2019 100286 PARAGON MAGNADATA, INC. FARE COLLECTION EQP 19,200.00

4500011758 3,848.78


4500011761 589.68

4500011761 1 9/18/2019 100501 W.B. MASON CO. INC COOLERS/BTL WATER 589.68

4500011763 11,344.00

4500011763 1 9/19/2019 101515 PENN DETROIT DIESEL ALLISON LLC TRANS CAR EQUIP-ELEC 11,344.00

4500011764 4,480.00

4500011764 1 9/19/2019 100443 SWIGER COIL SYSTEMS TRANS CAR EQUIP-ELEC 4,480.00

4500011766 722.82







4500011767 511.57




4500011768 335.76

4500011768 1 9/19/2019 100445 T. FRANK MCCALL'S, INC. 1ST AID & SAFETY EQP 335.76

4500011769 2,400.11

4500011769 1 9/19/2019 102538 ACTIVE DATA SOLUTIONS, LLC ELEC EQP/SUPP-NO CBL 2,160.00

4500011769 2 9/19/2019 102538 ACTIVE DATA SOLUTIONS, LLC ELEC EQP/SUPP-NO CBL 240.11

4500011770 43.44

4500011770 1 9/19/2019 100602 LOUIS P. CANUSO, INC. PLUMBING EQP & SUPP 43.44

4500011771 191.50

4500011771 1 9/19/2019 101195 ULINE, INC OFFICE EQUIPMENT 175.00

4500011771 2 9/19/2019 101195 ULINE, INC OFFICE EQUIPMENT 16.50

4500011772 590.00

4500011772 1 9/19/2019 101195 ULINE, INC OFFICE SUPPLIES 240.00

4500011772 2 9/19/2019 101195 ULINE, INC OFFICE SUPPLIES 350.00

4500011787 0.00


4500011788 686.64




4500011789 124.93

4500011789 1 9/24/2019 101770 VALLEN DISTRIBUTION, INC. JANITORIAL SUPPLIES 124.93

4500011790 5,573.38

4500011790 1 9/24/2019 100731 APPLIED INDUSTRIAL TECHNOLOGIES TRAN CAR EQUIP-MECH 5,573.38

4500011791 4,168.76

4500011791 1 9/24/2019 100868 ERICO INTERNATIONAL CORPORATION BLDGS/GRNDS- MAINT. 183.20

4500011791 2 9/24/2019 100868 ERICO INTERNATIONAL CORPORATION BLDGS/GRNDS- MAINT. 2,634.00



4500011791 5 9/24/2019 100868 ERICO INTERNATIONAL CORPORATION TRK&RHT OF WAY MAINT 121.80

4500011791 6 9/24/2019 100868 ERICO INTERNATIONAL CORPORATION TRK&RHT OF WAY MAINT 97.66


4500011799 204.00

4500011799 1 9/25/2019 101615 McMASTER-CARR SUPPLY CO TRAN CAR EQUIP-MECH 204.00

4500011801 58.20


4500011801 2 9/25/2019 101489 AALL AMERICAN FASTENERS HARDWARE & RELATED 10.80

4500011802 164.14

4500011802 1 9/25/2019 100428 THORNTON ENTERPRISES INC FUEL/OIL/GREASE 164.14

4500011803 171.82

4500011803 1 9/25/2019 100176 BARTUK HOSE & HYDRAULICS ELECTRON COMPON/PRTS 171.82

4500011804 100.44

4500011804 1 9/25/2019 102512 VAL-U NAPA AUTO PARTS CHEM/SOLV-COMMERCIAL 100.44

4500011805 12,346.00

4500011805 1 9/25/2019 102540 TWIN MODULAR SERVICES, INC BLDGS/STRUCTS- FAB. 10,966.00


4500011805 2 9/25/2019 102540 TWIN MODULAR SERVICES, INC BLDGS/STRUCTS- FAB. 1,380.00

4500011807 1,719.20


4500011808 438.00

4500011808 1 9/25/2019 100184 GEN-EL SAFETY & INDUSTRIAL PRODUCTS JANITORIAL SUPPLIES 438.00

4500011810 399.35

4500011810 1 9/26/2019 100684 SOSMETAL PRODUCTS INC OFFICE SUPPLIES 399.35

4500011811 4,902.00

4500011811 1 9/26/2019 101495 ALDON COMPANY, INC. TRK&RHT OF WAY MAINT 4,902.00

4500011812 875.00

4500011812 1 9/26/2019 100919 HOMELAND INDUSTRIAL SUPPLY BLDGS/GRNDS- MAINT. 875.00

4500011813 567.00

4500011813 1 9/26/2019 100760 BIOCHEM SYSTEMS INC. CLEANING MATERIALS 567.00

4500011814 92.50

4500011814 1 9/26/2019 100755 BDF CHEMICAL CO INC FASTENERS 92.50

4500011815 129.60

4500011815 1 9/26/2019 101067 PEMBERTON ELECTRICAL SUPPLY COMPANYELEC EQP/SUPP-NO CBL 129.60

4500011816 439.45

4500011816 1 9/26/2019 102375 ANA SOURCING LLC CLOTHING UNIFORM 439.45

4500011818 10,866.40



4500011818 3 9/26/2019 102375 ANA SOURCING LLC CLOTHING UNIFORM 1,598.00




















4500011820 3,506.25











4500011821 497.10




4500011822 279.98

4500011822 1 9/26/2019 101767 OAK SYSTEMS OFFICE SUPPLIES 279.98

4500011823 450.00

4500011823 1 9/26/2019 100192 GLENN ASSOCIATES INC CHEM/SOLV-COMMERCIAL 450.00

4500011824 11,145.00

4500011824 1 9/26/2019 100699 A&A SALES ASSOCIATES, LLC CLOTHING UNIFORM 52.00



4500011824 4 9/26/2019 100699 A&A SALES ASSOCIATES, LLC CLOTHING UNIFORM 2,548.00





























4500011825 4,234.00











4500011828 795.40



4500011829 0.00


BALANCE SHEET

ASSETSDecember 31, 2018 July 31, 2019

Cash (Includes $107,197 in Station Escrow Funds) 1,644,814 3,163,631Investments (Note 1) 2,731,335 2,768,661Accounts Receivable 2,810,499 1,446,994Inventory at lower of cost (first-in, first-out) or market 5,790,813 5,761,775

Prepaid Expenses 1,204,809 652,706

14,182,270 13,793,768

LIABILITIES AND EQUITYLiabilities:

Accounts Payable:Trade 3,024,279 3,133,296Delaware River Port Authority (Note 2) 275,340,000 278,911,165

Accrued Liabilities:Reserve for Other Post Employment Benefits (Note 4) 24,328,633 24,328,633Deferred Revenue (Note 5) 5,567,696 5,832,157Wages 1,260,577 1,434,395Pension and Other 743,865 955,334Sick Leave Benefits 281,124 261,605Reserve for Unused Vacation 487,388 487,388Reserve for contingent liabilities (Note 3) 2,417,156 2,759,404

313,450,718 318,103,377

Equity:Advances from Delaware River Port Authority 482,486,463 496,814,951Deficit (781,754,912) (801,124,560)

14,182,270 13,793,768


BALANCE SHEETJuly 31, 2019

Year to date ended Month ended

July 31, 2019 July 31, 2019

Operating Revenues:

Passenger fares 15,666,464 2,243,693

Passenger parking 533,710 67,903

Passenger - other 99,770 10,827

Advertising 385,253 56,669

Telecommunications Rental Income 149,581 36,166

Miscellaneous 19,114 7,200

Interest Income From Investments 37,326 6,830

$16,891,216 $2,429,284

Operating Expenses:

Maintenance of Way and Power 7,631,097 1,161,603

Maintenance of Equipment 4,319,439 720,861

Purchased Power 2,574,344 354,942

Transportation 11,646,357 1,749,451

General Insurance 811,550 135,142

Superintendence and General Office 5,706,912 734,828

32,689,699 4,856,827

Rent of Rapid Transit System Facilities (Note 2) 3,571,165 510,167

Other Post Employment Benefits Accrual (Note 4) - -

$36,260,864 $5,366,994

Net Income (loss) ( $ 19,369,648) ( $ 2,937,710)

Deficit, December 31, 2018 ($ 781,754,912)

Deficit, July 31, 2019 ($ 801,124,560)

FOR THE PERIOD INDICATED

See Notes To Financial Statements

STATEMENT OF REVENUES AND EXPENSES AND DEFICIT

PORT AUTHORITY TRANSIT CORPORATION(A Wholly Owned Subsidiary Of Delaware River Port Authority)

PORT AUTHORITY TRANSIT CORPORATION(A Wholly Owned Subsidiary of the Delaware River Port Authority)

July 31, 2019

NOTES TO FINANCIAL STATEMENTS

1. Investments:

The Corporation has set aside $2,731,335 to partially fund its liability for self-insurancewith the following limits:

(a) Totally self-insured for Voluntary Workers Compensation.

(b) Comprehensive General Liability from the first dollar to $5,000,000per occurrence.

2. Rent of transit system facilities:

All rapid transit system facilities used by the Corporation are leased from the Delaware River Port Authority,under terms of an agreement dated April 18, 1969 and amended June 3, 1974. The lease requires theCorporation to operate and maintain the Locust-Lindenwold line.

The terms of the amended agreement, which was made retroactive to January 1, 1974, and which is to continuefrom year to year, provide that the Corporation pay a minimum annual rental of $6,122,000, whichapproximates the sum of the annual interest expense to the Delaware River Port Authority for that portion ofits indebtedness attributable to the construction and equipping of the leased facilities plus the provision fordepreciation of the rapid transit facilities as recorded by the Authority. In addition, the lease requires theCorporation to pay to the Authority any net earnings from operations for the Locust-Lindenwold line less areasonable amount to be retained for working capital and operating reserves.

The rent is payable semi-annually on June 30 and December 31. The Corporation is in default of thisagreement as payments totaling $278,911,165 from January 1, 1974 through July 31, 2019 have not beenmade to the Authority.

3. Reserves for Contingent Liabilities:

Pursuant to a policy of self-insurance, the Corporation has reserved $ 487,985 for Comprehensive GeneralLiability and $2,271,420 for Workers' Compensation.

4. Other Post-Employment Benefits:

The Government Accounting Standards Board (GASB) has issued Statement No. 45, “Accounting andFinancial Reporting by Employers for Post-Employment Benefits Other than Pensions (OPEB),” whichaddresses the accountability and disclosure of the costs and obligations, that are associated with post-employment health care and other non-pension benefits to current and future retirees, by governmentalentities. Pursuant to this requirement, the Corporation adopted its reporting requirements during the 2007fiscal year. The OPEB accrual, in recognition of the costs and obligations associated with post-employmenthealth care, represents an actuarial determined amount upon an unfunded assumption under a 30-yearamortization period at a discount rate of 5%.

5. Deferred Revenue:

Deferred revenue consists of the prepayment of fares related to the unearned values on passengers’ smartcards for unused trips.

OPERATIONS & MAINTENANCE

COMMITTEE

Refer to Operations and

Maintenance Minutes

in the DRPA Board Packet

SUMMARY STATEMENT

ITEM NO. PATCO-19-024

SUBJECT: PATCO Rental Uniforms and LaundryServices




PROPOSAL: That the Board authorizes staff to negotiate a contract with UniFirstUniform Corporation to furnish and launder rental uniforms, supplyuniform storage lockers, and furnish and clean door and floor mats for aperiod of three (3) years with a one (1) year renewal.

Amount: Year 1 $ 75,199.64Year 2 $ 75,199.64Year 3 $ 75,199.64Option Year $ 75,199.64TOTAL $300,798.56

Contractor: UniFirst Uniform Corporation940 River RoadCroydon, PA 19021

Other Firm: Clean Rental Uniforms $470,815.52

PURPOSE: To furnish the PATCO maintenance and operating departments withclean rental uniforms that are designed and manufactured to be durableand serviceable for their intended environment and functions.

BACKGROUND: PATCO’s union labor agreement with its 240 maintenance and operatingemployees states “...if any employee is required to wear any kind ofuniform ... such uniform shall be furnished and maintained by PATCO.”This enables PATCO to control the standard of appearance andcleanliness for its uniformed employees. No annual clothing allowance ispaid to the employees. The current uniform styles and material choiceswere developed in concert with the maintenance and operating craftsthat are issued uniforms.

Bids were publicly advertised on August 7, 2019 and mailed to four (4)potential bidders. Two (2) bids were received, with the low responsivebid submitted by UniFirst Uniform Corporation.

Staff recommends that PATCO be authorized to enter into a three (3)year agreement with an option for one (1) additional year withUNIFIRST UNIFORM CORPORATION to furnish and launder rentaluniforms, supply uniform storage lockers, and furnish and clean doorand floor mats. The annual cost of this contract will be constant throughthe length of this contract.

SUMMARY: Amount: $300,798.56Source of Funds: Revenue FundOperating Budget: 2019-2023Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: Three (3) years with one (1) year renewal

optionOther Parties Involved: N/A

PATCO-19-024Operations and Maintenance Committee: October 8, 2019

Board Date: October 16, 2019PATCO Rental Uniforms and Laundry Services

RESOLUTION

RESOLVED: That the Board authorizes staff to negotiate a contract with UniFirstUniform Corporation of Croydon, Pennsylvania for a period of three (3)years with a one (1) year renewal for rental uniforms and laundry servicesin an amount not to exceed $300,798.56; and be it further

RESOLVED: The Chair, Vice Chair and the President must approve and are herebyauthorized to approve and execute all necessary agreements, contracts, orother documents on behalf of PATCO. If such agreements, contracts, orother documents have been approved by the Chair, Vice Chair andPresident and if thereafter, either the Chair or Vice Chair is absent orunavailable, the remaining Officer may execute the said document(s) onbehalf of PATCO along with the President. If both the Chair and ViceChair are absent or unavailable, and if it is necessary to execute the saiddocument(s) while they are absent or unavailable, then the President shallexecute such documents on behalf of PATCO.

SUMMARY: Amount: $300,798.56Source of Funds: Revenue FundOperating Budget: 2019-2023Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: Three (3) years with one (1) year renewal

optionOther Parties Involved: N/A

FINANCE COMMITTEE

Refer to Finance Minutes

in the DRPA Board Packet

SUMMARY STATEMENT

ITEM NO.: PATCO-19-023

SUBJECT: Renewal of PATCO Excess Workers’Compensation & Employers’ LiabilityInsurance

COMMITTEE: Finance



PROPOSAL: That the Board authorizes staff to bind the renewal of the PATCO ExcessWorkers’ Compensation insurance policy. This policy is placed by ourBroker/Consultant, Turner Surety & Insurance Brokerage (TSIB).

Pursuant to DRPA-18-054, TSIB is paid a fixed annual service fee not-to-exceed $160,380 payable in quarterly installments of $40,095. Pursuant tothe terms of the Broker/Consultant Service Agreement, TSIB understandsthat no commissions shall be paid on any insurance policies placed onDRPA’s behalf. Therefore, the proposed policy premium is net ofcommission.

TSIB marketed the PATCO Excess Workers’ Compensation insurancepolicy to several insurance companies to secure the most competitivepremium.

TSIB marketed the coverage to the following carriers:

Safety National Casualty Corp - Quoted $146,019 (incumbent) Arch - Declined due to PATCO exposures ACE - Declined, did not fit appetite

Guidelines

PURPOSE: Major accidents or illnesses during the scope of employment can result insubstantial medical bills and this policy provides statutory benefits for PATCOemployees who work in Pennsylvania and New Jersey. The Excess Workers’Compensation policy is designed to reduce the Authority’s exposure forcatastrophic incidents excess of the $1 million Self-Insured Retentioneach accident.

BACKGROUND: Pursuant to PATCO-17-033, the Board authorized staff to renew thePATCO Excess Workers’ Compensation & Employers’ Liability Policyeffective December 31, 2017 to December 31, 2019. The PATCO ExcessWorkers’ Compensation policy provides coverage for PATCOemployees working in PA and NJ. All PATCO Workers’Compensation claims are self-insured up to the first $1 million. Claims

that exceed $1 million are payable by the insurance company under thePATCO Excess Workers’ Compensation & Employers’ Liabilityinsurance policy. The policy provides a specific loss limit of $25 millioneach accident, plus a $1 million Employers’ Liability Limit, bothsubject to a $1 million self-insured retention. The current PATCOExcess Workers’ Compensation & Employers’ Liability Policy willexpire December 31, 2019.

The current premium for the $25,000,000 per occurrence maximumlimit of indemnity for the policy term December 31, 2018 to December31, 2019 is $141,329 including the Terrorism Risk Insurance ProgramReauthorization Act (TRIPRA) based upon a total payroll of$22,291,617. The policy is auditable upon expiration.

Safety National initially proposed a 3% pure rate increase. TSIBreviewed the loss history with Safety National and pointed out therehas never been a paid loss under the policy. Safety National agreed torevise their proposed rate increase. In addition, TSIB negotiated anoption of a flat 24-month policy term with Safety National. SafetyNational agreed and proposed a 24-month policy term at the samerates as expiring for the renewal term, December 31, 2019 toDecember 31, 2021.

As 2019 budgeted payroll numbers were not available during the earlyrenewal process, the renewal quote is based upon the December 31,2018 to December 31, 2019 policy term payroll of $22,291,617 plus a3.31% increase for the renewal term, or an estimated payroll totaling$23,031,425.

Safety National proposed the following renewal quotation:

24-month policy, with the same policy terms and conditions atthe same FLAT rate of $0.634 per $100 of payroll, subject toan annual estimated premium of premium of $146,019, for thepolicy term December 31, 2019 to December 31, 2020;auditable upon expiration.

The quotation is subject to the following:

1) Renewal quote is subject to receipt and underwriting review ofupdated loss information (valued within 90 days of effective date)for any material change in loss experience which may affect thefinal quoted rate and terms. Loss information to be received priorto or upon binding coverage (TSIB will obtain directly from theAuthority’s TPA).

TSIB recommends that staff accept the renewal quote offered by theincumbent, Safety National Casualty Corporation, for the 24-monthpolicy term 12/31/2019-12/31/2021, at an estimated annual premium of$146,019 (including TRIPRA), for the policy term December 31, 2019

to December 31, 2020, based on an annual estimated payroll of$23,031,425 (which is the December 31, 2018 to December 31, 2019policy payroll figure increased by 3.31%) and net of commission. Thispolicy is auditable upon expiration. The increase in premium of $4,690or 3.31%, is the result of the annual increase in payroll estimates.

SUMMARY: Amount: Approximately $146,019 (Including TRIPRA)Net of commission, subject to payroll auditupon expiration, which may result in a returnpremium or an additional premium due.

Source of Funds: General FundCapital Project #: N/AOperating Budget: PATCO Risk Mgt. Commitment 770230Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2021Other Parties Involved: Turner Surety & Insurance Brokerage, (TSIB)


PATCO-19-023Finance: October 2, 2019

Board Date: October 16, 2021Renewal of PATCO Excess Workers’ Compensation

& Employers’ Liability Insurance

RESOLUTION

RESOLVED: That the Board of Commissioners authorizes staff to accept the proposedrenewal quote from incumbent, Safety National Casualty Corporation, forthe PATCO Excess Workers’ Compensation & Employers’ Liability Policyfor the 24-month policy term December 31, 2019 to December 31, 2021, at anestimated annual premium of $146,019 from December 31, 2019 to December31, 2020 (including TRIPRA), net of commission; and be it further

RESOLVED: That the estimated annual premium will be $146,019 (including TRIPRA)for the December 31, 2019 to December 31, 2020 policy term; based upon theDecember 31, 2018 to December 31, 2019 policy estimated payroll of$22,291,617 plus an increase of 3.31% for a total estimated payroll of$23,031,425 and is subject to a payroll audit upon expiration, which mayresult in a return premium or an additional premium due; and be it further

RESOLVED: That the renewal premium from December 31, 2020 to December 31, 2021will be quoted by Safety National Casualty Corporation, upon submission ofthe estimated payroll for that policy term at the same FLAT rate of $0.634per $100 of payroll, subject to a payroll audit upon expiration; which mayresult in a return premium or an additional premium due; and be it further

RESOLVED: That the Chairman, Vice Chairman and the Chief Executive Officer must approveand are hereby authorized to approve and execute all necessary agreements,contracts, or other documents on behalf of the DRPA. If such agreements,contracts, or other documents have been approved by the Chairman, Vice Chairmanand Chief Executive Officer and if thereafter either the Chairman or ViceChairman is absent or unavailable, the remaining Officer may execute thesaid document(s) on behalf of DRPA along with the Chief Executive Officer. If boththe Chairman and Vice Chairman are absent or unavailable, and if it is necessary toexecute the said document(s) while they are absent or unavailable, then the ChiefExecutive Officer shall execute such documents on behalf of DRPA.

SUMMARY: Amount: Approximately $146,019 (Including TRIPRA)Net of commission, subject to payroll audit uponexpiration, which may result in a returnpremium or an additional premium due.

Source of Funds: GeneralCapital Project #: N/AOperating Budget: PATCO Risk Mgt. Commitment 770230Master Plan Status: N/AOther Fund Sources: N/ADuration of Contract: December 31, 2019 to December 31, 2021Other Parties Involved: Turner Surety & Insurance Brokerage, (TSIB)


NEW BUSINESS

SUMMARY STATEMENT

ITEM NO.: PATCO-19-025

SUBJECT: Consideration of Pending PATCOContracts (Between $25,000 and$100,000)

COMMITTEE: New Business

COMMITTEE MEETING DATE: N/A


PROPOSAL: That the Board consider authorizing staff to enter into contracts as shownon the Attachment to this Resolution.

PURPOSE: To permit staff to continue and maintain PATCO operations in a safe andorderly manner.

BACKGROUND: At the Meeting held August 18, 2010 the PATCO Commission adoptedResolution 10-046 providing that all PATCO contracts must be adopted atan open meeting of the PATCO Board. The Board proposed modificationsto that Resolution at its meeting of September 15, 2010; specifically that allcontracts between $25,000 and $100,000 be brought to the Board forapproval. The contracts are listed on the Attachment hereto with theunderstanding that the Board may be willing to consider all of thesecontracts at one time, but if any member of the Board wishes to remove anyone or more items from the list for separate consideration, each memberwill have that privilege.


PATCO-19-025New Business: October 16, 2019

Board Date: October 16, 2019Consideration of Pending PATCO Contracts

(Between $25,000 and $100,000)

RESOLUTION

RESOLVED: That the Board authorizes and directs that - subject to approval bythe Chair, Vice Chair, General Counsel and President - staff proceedto negotiate and enter into the contracts listed on the Attachmenthereto.


CONSIDERATION OF PENDING PATCO CONTRACTS (VALUED BETWEEN $25,000 - $100,000) – Wednesday, October 16, 2019


1

Eastern Lift Truck Co.

Maple Shade, NJ

Purchase of one (1)

Load Lifter Laborer

Model 6000 Forklift

$77,879.00 In accordance with Commonwealth

of PA Co-Stars contract #

4400021189

1. Eastern Lift Truck Co.

Maple Shade, NJ

$77,879.00 General Funds

2

Ask-inTag, LLC

Essex Junction, VT

Procurement and

delivery of sixty

thousand (60,000)

Smart Cards for two

(2) years and an

option year

$91,800.00 Competitive Formal Bid - Invitation

for Bid 19-0006 was publicly

advertised and issued to eight (8)

prospective bidders Seven (7)

bids were received and publicly

opened on Thursday, September

26, 2019.

1. Ask-in Tag, LLC

Essex Junction, VT

2. Electronic Data Magnetics

High Point, NC

3. Smart Card AmericaRosenberg, TX

4. G+D Mobile Security America, Inc

Dulles, VA

5. Magnetic Ticket & Label

Dallas, TX

6. Graphic Press

Titusville, FL

7. X-Tec, Inc.

Miami, FL

1. $91,800.00

2. $92,004.00

3. $96,638.00

4. $132,900.00

5. 139,810.00

6. No Bid

7. No Bid

General Funds