using data to make better investment decisionsonlinepubs.trb.org/onlinepubs/conferences/2018/... ·...

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Using Data to Make Better Investment Decisions A review of the NY MTA's 35 year history of $118 billion worth of investment to restore and improve its system Transportation Research Board National Conference on Transportation Asset Management Stephen A. Berrang, Director, Capital Program Management Mildred M. Chua, Vice President & Chief Financial Officer, MTA Bridges & Tunnels Metropolitan Transportation Authority of the State of New York

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Page 1: Using Data to Make Better Investment Decisionsonlinepubs.trb.org/onlinepubs/Conferences/2018/... · Henry Hudson Bridge Throgs Neck Bridge Bronx Whitestone Bridge Cross Bay Bridge

Using Data to Make Better Investment DecisionsA review of the NY MTA's 35 year history of $118 billion worth of investment to restore and

improve its system

Transportation Research Board National Conference on Transportation Asset Management

Stephen A. Berrang, Director, Capital Program Management

Mildred M. Chua, Vice President & Chief Financial Officer, MTA Bridges & Tunnels

Metropolitan Transportation Authority of the State of New York

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$1 Trillion Asset Base

2.6 Billion users annually

Drives regional economy

Six Agencies

NYCT Transit

Metro North

LIRR

Bridges & Tunnels

MTA Bus

Capital Construction

9 million transit riders and 1 million drivers

daily

16 million people in 14 counties, 2 states,

and across 5,000 square miles

Thousands of track miles, hundreds of

stations, seven bridges, two tunnels

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EVOLUTION OF THE MTA CAPITAL PLAN

3

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• New Fare Payment System

• Open Road Tolling

• Train Arrival Information Systems

• Accessibility Initiatives (ADA)

System Improvement Highlights

• Second Avenue Subway

• East Side Access

• LIRR Mainline Expansion

• #7 Line Extension

Network Expansion Highlights

IMPACT OF DATA-DRIVEN PROCESSIncreasing Investments in System Improvement & Network Expansion

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

1982-1991 1992-1999 2000-2004 2005-2009 2010-2014 2015-2019

SGR/NR vs. SI/NE

SGR+NR SI+NE

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STRATEGIC INVESTMENT PROCESS OVERVIEWData-driven Roadmap for Strategic Investment

“If you don’t know where you’re going, chances are you’ll end up somewhere

else”

– Yogi Berra

Asset Inventory &

Condition Ratings

Regional Scan

Investment Strategy

5 year Capital

Program

Decision Support

Tool

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STRATEGIC INVESTMENT PROCESS OVERVIEW5 Year Capital Program

Framework for strategic capital investment over

5 years

Analytical review of investments to maximize

asset life

• Targeted component replacement

• Enhanced technology

• Track access optimization

Factors taken into consideration

• Operational capacity to schedule work and maintain service

• Timing and coordination of projects

• Availability of MTA resources

Challenges and constraints

• Economic growth

• Accessibility & social equity

• Customer Service

Identification of investment options also focused on prioritizing:

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Decision

Support Tools

5 Year

Capital Plan

TRANSIT ASSET MANAGEMENT (TAM)

Integration of TAM Model

Maintenance

Management

Systems

Condition Assessment

& Twenty Year Needs

Capital Projects

Database

Tactical Strategic

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BENEFITS TO DATE

8

Subways 1982 TODAY*

•Ridership (in millions) 989 1,727

•On Time Performance 50% 63%

•Train Delays 319,500 83,167

•MDBF (miles) 10,800 121,220

•Major Felonies 17,497 211

Buses

•Ridership (in millions) 585 603

•Pull-out Performance n/a 99%

•MDBF (miles) 2,466 6,484

Long Island Rail Road

•Ridership (in millions) 71 89

•On Time Performance 87% 92%

•MDBF (miles) 16,168 205,270

Metro-North Railroad

•Ridership (in millions) 49 87

•On Time Performance 81% 94%

•MDBF (miles) 18,520 193,883

*Data as of December 2017

Distance between

failures increased more

than TENFOLD!

Distance between

failures increased more

than TENFOLD!

Distance between

failures increased more

than TENFOLD!

Distance between

failures increased TWO

AND A HALF TIMES!

Major felonies on

subways down 99%!

BENEFITS TO DATE

Pull-out Performance is

at 99%

Metro-North’s on time

performance is up 13%!

On time performance

on subways is up 13%!

LIRR’s on time

performance is up 5%

Ridership is up 25%

on the LIRR!

Ridership is up 3%

on buses!

Ridership is up 78%

on Metro-North!

Ridership is up 75%

on subways!

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RESILIENCY IN PUBLIC TRANSPORATIONRecovery and Resiliency Efforts After Superstorm Sandy

http://web.mta.info/sustainability/

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Bridges & Tunnels

“Every Crossing Counts”

Enterprise Asset Management

Mildred M. Chua, Vice President & CFO, NY MTA Bridges & Tunnels

Investment Planning at MTA Bridges & Tunnels: A Data-Centric Approach

Bridges & Tunnels

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Marine Parkway Bridge

Verrazano Narrows Bridge

Hugh L. Carey Tunnel

Queens Midtown Tunnel

Dual mission:

Provide critical regional transportation links

Subsidize transit operations

Operates seven bridges and two tunnels in New York City

Largest toll collector in the US - $1.9 Billion in 2017

310 Million paid vehicles in 2017

In 2017, provided over $1.2 Billion to support MTA mass transit

$620 Million 2018 Operating Budget

$2.9 Billion Capital Program for 2015-2019

MTA B&T NETWORK OVERVIEW

Henry Hudson Bridge

Throgs Neck Bridge

Bronx Whitestone Bridge

Cross Bay Bridge

Robert F. Kennedy Bridge

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MTA Corporate Headquarters

THE MTA MANAGEMENT SYSTEMAn Integrated Asset Lifecycle Management Approach

Planning/Design

Build

Operate/ Maintain

Replace/ Dispose

Asset

Life Cycle

Management

Operating Agencies

Asset

Inspections & Condition Monitoring

Data

Requirements Information

Performance Information

Bridges & Tunnels

“Every Crossing Counts”

Enterprise Asset Management

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Twenty Year Needs AssessmentAsset Inventory

• Asset inventory & condition assessment is a baseline for determining critical needs and optimal replacement strategy.

Regional Scan

• Review of current and projected regional needs that may impact MTA Bridges and Tunnels services.

Investment Strategy

• A twenty-year outlook of investment needs and strategies by bridge and tunnel across asset classes that considers a blended approach to address SGR, resiliency and system improvement needs.

MTA B&T INVESTMENT PROCESS OVERVIEWData-driven Roadmap for Strategic Investment

Bridges & Tunnels

“Every Crossing Counts”

Enterprise Asset Management

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Capital Program

Major Maintenance

Bridge & Tunnel

Preservation

Routine & Emergency

Repairs

Asset Management

Plan

Grounded in the principles of Enterprise Asset Management (ISO 55000)

MTA B&T INVESTMENT PLANNING PROCESS Investment and Optimization between Capital and

Operating/Maintenance Programs

Bridges & Tunnels

“Every Crossing Counts”

Enterprise Asset Management

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Bronx

Queens

2003 – 2019• Queens Approach Replacement

• Bronx Approach Replacement

• Suspended Span Deck

Replacement

• Conversion to ORT and Toll

Plaza Demolition

2020 - 2039 • Post ORT

Improvements to

Queens Interchange

BWB SITE PLAN AND MAJOR WORK

COMPLETED/ADDRESSED IN CURRENT CAPITAL PROGRAM AND FUTURE NEEDS

Legend:Completed/

Addressed in 15-19

Remaining

Preliminary Future

Investments $M 2020-2024: $249

2025-2029: $277

2030-2034: $127

2035-2039: $408

BRONX-WHITESTONE BRIDGE (BWB)Facility Master Plan

Bridges & Tunnels

“Every Crossing Counts”

Enterprise Asset Management

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Bronx

2020 - 2024• Suspender Rope

Replacement

BWB PROFILE VIEW AND MAJOR WORK

2003 – 2009• Suspension Span Work

- Removal of Stiffening Truss

- Installation of Wind Fairing

- Painting of Towers

• Anchorage Rehabilitation

2025 - 2029• Main Cable

Dehumidification

BRONX-WHITESTONE BRIDGE (BWB)Facility Master Plan

Bridges & Tunnels

“Every Crossing Counts”

Enterprise Asset Management

Legend:

Completed/

Addressed in 15-19

Remaining

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Thank You!

For more information:

mta.info/capital