SUMMIT ON FINANCE & POLICY

PORTLAND, OREGON

JULY 22-24, 2018THE NINES

TRUST & ACCOUNTABILITY

HOSTED BY:PROGRAM

2 | Summit on Finance & Policy

SUMMIT ON FINANCE & POLICYTRUST & ACCOUNTABILITY

Welcome to Portland! This Summit brings together individuals interested in transportation funding, finance, road-usage charging and policy to address the most effective ways to improve mobility in a constrained resource environment. Summit presenters will address a wide range of topics including state flexibility to toll Interstate highways, evolution of road usage charging, the public perspective on tolling and RUC, automated and connected vehicles, tolling-as-a-service, managing third-party risk and much more.

CERTIFICATION/PROFESSIONAL DEVELOPMENT HOURSIBTTA recognizes the need for professional engineers and planning professionals to demonstrate continuing professional competency in their respective fields and earn certification maintenance (CM) credit or professional development units (PDU). IBTTA will provide interested attendees with a certificate of attendance following the workshop.

ABOUT IBTTAThe International Bridge, Tunnel and Turnpike Association (IBTTA) is the worldwide association for the owners and operators of toll facilities and the businesses that serve them. Founded in 1932, IBTTA has members in 26 countries on six continents. Through advocacy, thought leadership and education, members are implementing state-of-the-art, innovative user-based transportation financing solutions to address the critical infrastructure challenges of the 21st Century.

ABOUT OUR HOSTThe Oregon Department of Transportation was founded in 1913 when the Oregon Legislature created the Oregon Highway Commission to “get Oregon out of the mud.” Today, ODOT works to provide a safe, efficient transportation system that supports economic opportunity and livable communities for Oregonians. We develop programs related to Oregon’s system of highways, roads, and bridges; railways; public transportation services; transportation safety programs; driver and vehicle licensing; and motor carrier regulation.

Portland, OR • July 22-24, 2018 | 3

The Nines Hotel525 SW MorrisonPortland, OR 97204Phone: (503) 222-9996Toll-Free: 1 (877) 229-9995 www.thenines.com

The Nines Hotel is conveniently located in downtown Portland, steps from Pioneer Square and the Central Business District and is LEED Silver Certified.

HOTEL INFORMATIONMEETING PLANNING GROUP

CO-CHIEF MEETING ORGANIZERS

GROUP MEMBERS

James WhittyD’Artagnan Consulting, LLP Salem, OR

GET THE IBTTA MEETINGS APPScan this QR code with your smartphone to download the IBTTA Meetings app

Allison C. de CerreñoThe Port Authority of New York & New Jersey New York, NY

Maureen Bock, Oregon Department of Transportation

Susan Buse, SBuse Consulting

Patricia de la Peña, Nossaman, LLP

Matthew Dorfman, D’Artagnan Consulting LLP

Howard “Butch” Eley, DBi Services

Usha Elyatamby, IBI Group

Walter Fagerlund, HNTB Corporation

Jennifer Frankl, Silicon Transportation Consultants

Cherian George, Fitch Ratings

Nikolaus Grieshaber, Pennsylvania Turnpike Commission

Aaron Hake, Riverside County Transportation Commission

Jacklyn Hartman, Maryland Department of Transportation

Gregory Le Frois, P.E., HNTB Corporation

Louis Neudorff, CH2M

Benoît Rossi, emovis

Patty Rubstello, Washington State Department of Transportation

Chris Swenson, WSP USA

Maggie Wilkins, Wilkins Strategies

Justin Winn, CDM Smith

NEW DESIGNATION! Leadership Academy Alumni

BADGES: Badges are required to gain entry into all sessions. In consideration of other attendees, please wear your name badge to all scheduled functions.White: Delegate (Member) Blue: Companion/Guest Yellow: MediaOrange: Delegate (Non-member) Green: Exhibitor

CERTIFICATION MAINTENANCE: IBTTA will forward a certificate of attendance to all who sign the attendance form at the IBTTA registration desk.

COMPETING EVENTS: It is against IBTTA policy for other organizations to schedule events or meetings during the program.

CONSIDERATIONS: During the meeting, please silence all cellular phones and take side conversations outside of the room.

DRESS: Business or business casual is encouraged for all sessions.

MEDIA: Credentialed members of the media are permitted to attend sessions only and can be identified by green ribbons on their badges.

MEMBER PUBLICATIONS AND COLLATERAL: All members of IBTTA are welcome to place their publications in the registration area.

NEW ATTENDEES: First-time attendees will have an aquamarine ribbon attached to their badge. New IBTTA members will have purple ribbons. Get to know your new colleagues and help introduce them to other IBTTA members.

PRESENTATIONS: Presentations authorized for distribution will be available to IBTTA members only on IBTTA’s website within two weeks following the meeting.

RECORDING OF SESSIONS: Personal recording of any session is strictly prohibited. IBTTA reserves the right to video and record sessions for future repurposing.

REGISTRATION FEES AND EVENT TICKETS: Delegate and Speaker fees include all meals, functions and sessions. Tickets may be available to evening and other events.

SATISFACTION SURVEY: Please help IBTTA improve future meetings by completing the survey that will be emailed to you following the conference.

SPECIAL ACCOMMODATIONS: If you need special accommodations to fully participate in IBTTA events, please notify the staff at the IBTTA registration desk.

SPONSOR INFORMATION: Please support our generous sponsors and exhibitors by reviewing the Sponsor and Exhibitor section of this program as well as the material tables in the registration area.

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10:00am – 3:00pm

2019 CONFERENCE PLANNING MEETING (Gallery 1/2)Registration requested: www.IBTTA.org/planning

Noon – 4:00pm

EXHIBIT SET-UP (Design)

Noon – 5:00pm

REGISTRATION (Nines Ballroom Foyer)

5:00pm – 6:00pm

RECEPTION WITH EXHIBITORS (Design)

7:00am – 5:30pm

REGISTRATION (Nines Ballroom Foyer)

7:00am – 8:30am

BREAKFAST WITH EXHIBITORS (Design)(for all registered attendees)

8:30am – 9:00am GENERAL SESSION

OPENING REMARKS (Culture & Fashion)Patrick Jones, Executive Director & CEO, IBTTA, Washington, DCTim Stewart, Executive Director, E-470 Public Highway Authority and President, IBTTA, Aurora, CO Matt Garrett, Director, Oregon Department of Transportation, Salem, OR

Allison C. de Cerreño, Deputy General Manager, Port Authority Bus Terminal, The Port Authority of New York and New Jersey, New York, NY James Whitty, Partner, D’Artagnan Consulting LLP, Salem, OR

9:00am – 10:30am GENERAL SESSION

COME ON IN, THE WATER IS FINE (Culture & Fashion)As fuel tax revenues decline, many states and localities are considering tolling to deliver needed transportation infrastructure improvements. How can we help them dip their toe in the tolling waters?

MODERATOR: Allison C. de Cerreño, PhD., Deputy General Manager, Port Authority Bus Terminal, The Port Authority of New York and New Jersey, New York, NY

Toll Financing 101 – An Introduction to Toll Revenue FinancingRandy Topel, Managing Director, Hilltop Securities, Inc., Fort Worth, TX

Evaluation of Revenue Risk P3 Models for Tolled ProjectJerry Ji, Director, Project Development & T&R, ACS Infrastructure Development, Inc., Coral Gables, FL

A Simplified Tool to Estimate the Social and Financial Benefits of Alternative Project Financing and Delivery StrategiesPatrick DeCorla-Souza, P3 Program Manager, Federal Highway Administration, Washington, DC

10:30am – 11:00am

REFRESHMENT BREAK WITH EXHIBITORS (Design)

11:00am – 12:30pm GENERAL SESSION

TOLLING INTERSTATE HIGHWAYS (Culture & Fashion)America is in danger of losing one of its most valuable public assets – the Interstate highway system and needs a massive new revenue stream to save the crumbling interstates. This session looks at what states are doing to rebuild their existing interstate highways.

MODERATOR: Mike Heiligenstein, Executive Director, Central Texas Regional Mobility Authority, Austin, TX

Interstate Tolling – It’s Getting Serious Ed Regan, Senior Vice President, CDM Smith, Maitland, FL

Proposal to Toll I-5 & I-205 in teh Portland Area Travis Brouwer, Assistant Director, Oregon Department of Transportation, Salem, OR

Christopher Tomlinson, Executive Director and Board Secretary, State Road & Tollway Authority and Georgia Regional Transportation Authority, Atlanta, GA

12:30pm – 2:00pm

LUNCH WITH EXHIBITORS (Design)(for all registered attendees)

2:00pm – 3:30pm GENERAL SESSION

ROAD USAGE CHARGING AND OTHER (Culture & Fashion) ALTERNATIVES FOR ROAD FUNDING Road usage charging (RUC) is gaining momentum as an alternative or replacement for the fuel tax. Join us to hear about lessons learned and the latest developments in technology, public communications and operations in the RUC space.

MODERATOR: James Whitty, Partner, D’Artagnan Consulting LLP, Salem, OR

Funding Transportation as Fuel Efficiency Increases Brady Tacdol, Project Manager, California Department of Transportation (Caltrans), Sacramento, CA

CDOT Explores Road Usage Charging as Alternative to the Gas Tax Tim Kirby, Manager, MPO & Regional Planning Section, Colorado Department of Transportation, Denver, CO

Implementation and Evolution of Electronic RUC – Commercial Vehicle Perspective Nina Elter, Vice President, Global Market Development, EROAD Limited, Tualatin, OR

Potential Approach to Enforcement Services for RUC Steve Morello, Partner, D’Artagnan Consulting LLP, Austin, TX

Towards a Universal Tolling Back-Office Steven Dunski, Software Architect, emovis, Westbury, NY

3:30pm – 4:00pm

REFRESHMENT BREAK WITH EXHIBITORS (Design)

SUNDAY JULY 22, 2018

AGENDA

MONDAY JULY 23, 2018

Portland, OR • July 22-24, 2018 | 5

4:00pm – 5:30pm GENERAL SESSION

THE PUBLIC PERSPECTIVE IS THE REAL (Culture & Fashion) PERSPECTIVE – TOLL OPERATORS CAN HELP In this session, toll operators and policy experts will talk about programs that help low income and unbanked customers take full advantage of the mobility options offered by their facilities. They will also discuss policy principles that could make the introduction of tolling more palatable to a region’s citizens.

MODERATOR: Maureen Bock, OReGO Program Manager, Oregon Department of Transportation, Salem, OR

VDOT’s Toll Relief Program Shannon Marshall, Communications Director, Virginia Department of Transportation, Richmond, VA

FTE Cash Replenishment Program Mark Beall, Director of Business Development and Concessions Management, Florida’s Turnpike Enterprise, Ocoee, FL

Starting the Dialogue – Insights from the Public Opinion Research Michelle Neiss, Ph.D., Vice President of Research, DHM Research, Portland, OR

6:30pm – 9:30pm

EVENING EVENT – PUNCH BOWL SOCIAL This event is 2 blocks from the hotel at 340 SW Morrison Street. Meet in the lobby at 6:25pm to walk over together.

7:00am – 4:00pm

REGISTRATION (Nines Ballroom Foyer)

7:00am – 8:30am

BREAKFAST WITH EXHIBITORS (Design)(for all registered attendees)

8:30am – 10:00am GENERAL SESSION

FINANCIAL AND POLICY CONSIDERATIONS (Culture & Fashion) RELATED TO CONNECTED AND AUTOMATED VEHICLES Connected and automated vehicle technology is rapidly progressing and the impacts it will have to our roadways are still unknown. Will there be more cars on the road or less? Since we don’t know what the future holds, we must be proactive and prepared.

MODERATOR: Joe Averkamp, Vice President for Systems and Solutions, Parsons Corporation, Washington, DC

Governance in the Fast Lane – Policy Implications of Smart Mobility

Randy Cole, Executive Director, Ohio Turnpike and Infrastructure Commission, Berea, OH

State Efforts to Improve Transportation Finances and Prepare for the Future Garrett Eucalitto, Program Director, National Governors Association, Washington, DC

Incorporating Connected and Automated Vehicles in Traffic Forecasting Josiah Banet, P.E., Program Director, AECOM, Ocoee, FL

The Willingness to Pay in the Connected and Automated Vehicle Age Mariana Torres Montoya, Director, Infrastructure Economics, Louis Berger U.S., New York, NY

10:00am – 10:30am

REFRESHMENT BREAK WITH EXHIBITORS (Design)

10:30am – Noon GENERAL SESSION

COLLECTING REVENUE ON BEHALF OF OTHERS (Culture & Fashion)As electronic tolling has become more common, some toll operators have begun to collect tolls on behalf of other agencies to ensure a consistent experience for patrons within a region (interoperability). Tolling systems are also being used to collect parking fees at airports and other facilities. This session will showcase the experiences and challenges operators are facing in this arena – like who “owns” the customer and how do you protect privacy and allocate collection risk?

MODERATOR: Horatio Porter, Chief Financial Officer, North Texas Tollway Authority, Plano, TX

Tolling Collaboration in Colorado Jason Myers, Director of Finance, E-470 Public Highway Authority,

Aurora, CO

Tolling-as-a-Service Mahrokh Arefi, CEO (U.S.), emovis, Westbury, NY

FTE Partnerships Go Beyond the Toll Lanes Mark Beall, Director of Business Development and Concessions Management, Florida’s Turnpike Enterprise, Ocoee, FL

Noon – 1:30pm

LUNCH WITH EXHIBITORS (Design)(for all registered attendees)

TUESDAY JULY 24, 2018

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AGENDAAGENDA SPONSORS1:30pm – 3:00pm GENERAL SESSION

MANAGING CHANGE – NUTS AND (Culture & Fashion) BOLTS SOLUTIONS Under the broad category of “nuts and bolts,” experts in this session will cover procurement, management and financing of toll projects in a constantly changing environment. Join us for a deep and comprehensive discussion.MODERATOR: Susan Buse, President, SBuse Consulting, Dallas, TX

Tax Law Impacts Dennis Enright, Principal, NW Financial Group, Hoboken, NJ

Elevating the Value of Partnerships When Procuring a Tolling System Deb Sharpless, Chief Financial Officer, Maryland Transportation Authority, Baltimore, MD

Internal Controls Michael Paquette, Assistant Director, Washington State Department of Transportation, Olympia, WA

Managing Third-Party Risk Mark Adams, Director, Cyber Security Services, Milligan Partners, Dallas, TX

3:00pm – 3:30pm

REFRESHMENT BREAK WITH EXHIBITORS (Design)

3:30pm – 5:00pm

MAINTAINING FINANCIAL STRENGTH TODAY (Culture & Fashion)WHILE ENVISIONING A 2030 WORLD What can toll agencies do to maintain credit quality in a time of slow growth and economic uncertainty? Listen and learn from these academic and rating agency experts.MODERATOR: Cherian George, Managing Director, Americas, Fitch Ratings, New York, NY

Impacts of Emerging Technologies on Cities Becky Steckler, AICP, Program Manager, Urbanism Next, Portland, OR

Economic Implications of Technology that Affect Travel Demand Joe Cortright, President & Principal Economist, Impresa Consulting, Portland, OR

Tools for Financial Resiliency During Economic Change Maria Matesanz, Senior Vice President, Global Project Finance and Infrastructure Group, Moody’s Investors Service, New York, NY

Rating Agency Perspective on Toll Roads and Credit Risk Scott Monroe, Director, Fitch Ratings, San Francisco, CA

5:00pm

CLOSING REMARKS & ADJOURN

SILVER SPONSOR

EVENING EVENT SPONSOR

Fitch Ratings is a leading provider of credit ratings, commentary and research.

Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence. Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; BMI Research, an independent provider of country risk and industry analysis specializing in emerging and frontier markets; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst. www.fitchratings.com

Duncan Solutions specializes in revenue recovery for toll violations and negative balance customer accounts. Our delinquent account collection service is customized to

meet the specific business rules of each client agency, with a unique focus on customer service. Customer contact and enforcement options include outbound calling, inbound call handling, customer service, tag holder account management, skip tracing, and civil litigation. Through our Law Enforcement Systems (LES) division, our DMVRegInfo service provides a fast, easy and cost effective way to retrieve out-of-state registered owner information from all 50 states, the District of Columbia as well as Canadian provinces (when/where obtainable, as permitted by law). Our embedded business rules and license plate configurations for the various states deliver improved hit rates and reduce toll revenue leakage. www.DuncanSolutions.com

Portland, OR • July 22-24, 2018 | 7

www.atkinsglobal.com/northamerica

TollsTransportation

EngineeringConstruction

Environmental

800.477.7275

Atkins delivers expertise in:

Safe and efcient AET Systems

Managed Lanes planning and implementation

Comprehensive and cost effectiveToll System Procurement

Emerging Technology

Mobility. Agility. Integrity.

aecom.com

Contact: J.J. EdenJames.Eden@aecom.com919.475.5833

That’s the power of AECOM.

More than 120 offices worldwide

Serving the toll industry for more than 60 years with

traffic and revenue studies, feasibility analyses, technology design and operations.

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Choose the only future-proof toll back office thatgives you control over your business rules enginefor the life of your system. Isn’t it time to quicklymeet business demands with cloud-based flexibilityand scalability – whenever you want it?

Let us show you how.

Tolling evolution –on demand.

cubic.com/solutions/transportation/tolling

©2018 Conduent Inc. All Rights Reserved. Conduent and Conduent Agile Star are trademarks of Conduent Inc. in the United States and/or other countries.

Tolls: They’re all about trust

conduent.com/transportation

For tolling agencies, programs and patrons alike, toll systems are all about trust. We understand, because at Conduent, we maintain 48 percent of all tolling transactions across the U.S. as well as most of the largest ETC programs in the country. Our focus: efficiency, security, accuracy. They’re the foundations of trust. At Conduent, that’s what tolling is all about.

Portland, OR • July 22-24, 2018 | 9

Smart MobilityWe are proud to support IBTTA

as a Platinum Sponsor.

hdrinc.com

We Make a Difference

P3 Support • Budgeting • Reciprocity • Policy Support

MBAKERINTL.COM

Providing innovative engineering and consulting services to help our clients minimize costs and maximize revenues

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ARCHITECTURE

ENGINEERING

CONSULTING

rsandh.com/ tollsblog

Tolls insights straight to your inbox

Trusted Transportation Solutions

TRUSTED BY AGENCIESTo Successfully Deliver Highly Complex Projects

with Challenging Schedules, On Time. Every Time.

Portland, OR • July 22-24, 2018 | 11

Many Thanks to our 2018 Platinum Sponsors

EXHIBITORSTolling is evolving. Road operators look into it, more and more, as the funding model. They need to keep operational cost under control,

make clever and leaner investments. The problem with evolution is that it involves uncertainty — the best choices are the ones that maximize options. A-to-Be® provides the tolling solutions from manual to satellite and mobile devices, that are vendor-independent — plug’n’play — and allow for business expansion to mobility areas. As a road operator, this is what you’ve been looking for — someone that was born as one itself, that know how things work in the field, with experience in integrating multiple operators and covering all the way until payment clearance. A-to-Be®, powered by Brisa, is that someone. www.a-to-be.com

CMI is a 100% employee-owned, full-service receivables management and contact center firm providing innovative solutions resulting in enhanced operational efficiency and increased revenue for its customers. www.thecmigroup.com

There is 40 years of business-process innovation behind ETAN’s award-winning back-office

product. FASTLane—the Financial Accountability Solution for Tolling—is quickly becoming the system-of-choice of the industry’s most visionary roadway operators. Stop by our booth to find out how we have brought unrivaled accuracy, efficiency, and operational flexibility to electronic toll collection, or visit us online. www.etanindustries.com/tolling