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TJPA board adopts amended FY25–26 capital budget, approves AECOM amendment and routine consent items
Summary
At a special Oct. 17 meeting, the Transbay Joint Powers Authority board approved a reduced FY25–26 portal capital budget of $50,935,000, authorized an amendment to the AECOM program management agreement to align contract language with federal guidelines, and approved consent calendar items unanimously.
The Transbay Joint Powers Authority Board on Oct. 17 approved three governance items in a single meeting: a reduced FY25–26 capital budget for the Portal project, an amendment to a professional services agreement with AECOM, and routine consent calendar items including lease and bike‑share amendments.
CFO Shima Mirzai told directors the amended FY25–26 capital budget for the Portal would be $50,935,000 — “which represents a decrease of approximately $88,700,000 from the original approved amount in June,” she said, and attributed most of the reduction to shifted right‑of‑way acquisition timing,…
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