Louisiana Department of Transportation & Development Timed Program

New financing strategy cuts 18 years off Louisiana’s largest transportation program in state history.

Location

  • New Orleans, Louisiana, US

Sector

  • Advisory Services
  • Project Delivery Services
  • Roads and Highways
  • (View all)

Service

  • Funding and Financing Advisory
  • Construction Management
  • Planning, Environmental and Design Management
  • (View all)

Client

  • Louisiana Department of Transportation and Development

Project Status

  • Completed in 2013


Statewide Infrastructure Program

The Transportation Infrastructure Model for Economic Development (TIMED) Program, Louisiana’s largest transportation program in this American state's history, began in 1989.

The ongoing program designated 16 specific transportation projects, including widening more than 535 miles (860 kilometers) of state highways to 4 lanes on 11 corridors, improvements and/or new construction of major bridges and funding improvements to both the Port of New Orleans and Louis Armstrong International Airport.

While the original timeline for completion of the program was 2005, the Louisiana Department of Transportation and Development (LA DOTD) had to drastically revise the
program because of inadequate progress. In 2002, LA DOTD took two major steps to accelerate the $4.6 billion program. It hired a private management joint venture, led by WSP, and changed the program’s financing strategy to a bond-financed program.

Both measures shaved 18 years off the anticipated schedule. Working in partnership with the agency, WSP’s financial planning, public outreach, design management and
construction engineering services have kept the award-winning program on track and successfully managed the massive disruptions caused by Hurricane Katrina.

Program is credited with keeping thousands of Louisianans employed during the recession, enhancing motorist safety and evacuation routes, improving freight transportation and linking small communities throughout the state.

State highways
863 km
Corridors
11
Major bridges
3