FOR IMMEDIATE RELEASE: March 16, 2022
Contact: Monica Ramos
Alamo Regional Mobility Authority to begin discussions with The Boring Company for High Capacity, Congestion-Reducing Transportation Project
This afternoon, the Alamo Regional Mobility Authority Board of Directors took the next step with The Boring Company for a high capacity transportation project that will reduce traffic congestion on roadways.
“The Board has continually sought innovative ways to finance transportation projects to ensure a bright future for the community in a way that bridges technology and accelerates the delivery of needed projects. Today’s Board action is the first of many discussions towards relieving congestion instead of waiting years,” stated Board Chair Mike Lynd.
Alamo RMA staff will be meeting with The Boring Company in the coming weeks. Very rough estimated costs for the project range from $247M to $289M for the airport area to downtown system depending upon various factors such as utilities, real estate, among other potential and variable costs.
Today’s Alamo RMA Board action is the next step in a long process: On October 25, 2019, the Alamo RMA issued an open Request for Information (RFI) to gauge industry interest, from both public and private entities, in collaborating with the Alamo Regional Mobility Authority. Information requested included development of new delivery methods for transportation projects, development of new revenue sources, and identification of revenue sharing arrangements that would provide the Alamo RMA increased capacity to complete additional transportation projects.
In July 2021, a firm submitted a response to the open RFI proposing a transportation loop connecting the San Antonio Airport to downtown. The concept warranted further consideration so the RMA Board authorized issuance of a Request for Qualifications and Proposals (RFQP).
On October 1, 2021, the Alamo RMA issued RFQP No. 880 for a proposed approach to design and construct a transportation project generally connecting the San Antonio Airport area to downtown San Antonio.
On December 1, 2021, the Alamo RMA received proposals from five (5) firms. Five members of the Alamo RMA staff (3 technical and 2 financial) independently reviewed and scored the five proposals.
On March 2, 2022, three Board members (no quorum) and staff met and interviewed the two finalists due to concerns by the finalists over disclosing private financial information.
For more information on the Alamo Regional Mobility Authority and future updates on this project, please visit www.bexar.org