11/5/2023 0 Comments Mta![]() RPA applauds the MTA for clearly articulating these worthy needs.” These are just some of the many “core” projects that are absolutely essential. Upgrading tracks and signals, fortifying the system so the system is ready for intense storms, purchasing new rolling stock and electric buses and making stations more accessible. Significant investments in maintaining the current system are of equal if not greater importance in the plan and congestion pricing is a key funding source for them. “The work is a reaffirmation that projects like the Interborough Express (IBX) are vital to not only improving commutes, but also to improving equity and serving large numbers of riders. ![]() “RPA applauds the clear rationale for project choice and prioritization in the MTA's 20-Year Needs Assessment,” said MTA Regional Plan Association (RPA) Executive Vice President Kate Slevin. MTA notes prolonging the life of existing assets will not only improve reliability and allow for increased service systemwide, but enable the opportunity to expand and modernize the transit network. The future of the system is contingent on three main factors that drive the need for investment: The authority has looked at every one of the nearly 6 million component assets that comprise the plan, including: MTA says the level of detail, put together over the course of two years, is unprecedented at this scale, resulting in the most rigorous and transparent 20-Year Needs Assessment in the history of the authority. ![]() “This 20-Year Needs Assessment is the most rigorous assessment in history and will serve as a blueprint for how we can tackle the challenges we face and deliver the future our riders deserve.” “The MTA system is a $1.5 trillion asset and keeping it running is critical to the New York region,” said MTA Construction and Development President Jamie Torres-Springer. ![]() This is an essential first step to start the discussion that will shape the 2025-2029 MTA Capital Plan.” “Instead of matching needs to some pre-approved budget, this detailed evaluation tells the whole story, laying bare the urgent need for renewal and improvement of the system’s existing infrastructure and to prepare for climate change. “The MTA has never undertaken a 20-Year Needs Assessment fed by this level of comprehensive data and analysis,” said MTA Chair and CEO Janno Lieber. The assessment also debuts a comparative evaluation of potential expansion projects that could be pursued if the system’s rebuilding and improvement needs are met, allowing for potential projects to be analyzed objectively along a host of criteria to compare the projects respective benefits and costs. As a result, MTA says the document will serve as a strong foundation in determining how to prioritize capital spending in developing the 2025-2029 Capital Plan. MTA says the document differs from previous assessments conducted by the authority by providing a comprehensive, unconstrained view of the system’s needs rather than constraining it to meet an arbitrary budget target. It reveals both challenges and opportunities for the future of transportation in the region and lays out an approach to rebuilding the MTA system for another century of service. “The Future Rides With Us,” MTA’s 20-Year Needs Assessment, takes a look into the system’s infrastructure needs. The Metropolitan Transportation Authority (MTA) has outlined the authority’s long-term vision to rebuild, improve and expand the region’s $1.5 trillion transit system over the next 20 years.
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