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CVTA panel combines Richmond Marine Terminal access projects, returns $1 million to balance entry
Summary
Members recommended combining two VDOT-administered Richmond Marine Terminal access improvement projects under the existing CBTA‑24 agreement, and approved returning a $1 million surplus from the earlier award to balance entry to streamline invoicing and administration.
Staff described two related regional projects administered by VDOT at the Richmond Marine Terminal and asked the authority to approve an amended project agreement and a funding revision.
Chet (staff) told members that one earlier CBTA '24 project (PE only) had $2,000,000 approved but that VDOT now requests the CBTA '24 funding be revised to $1,000,000, leaving $1,000,000 surplus. For administrative efficiency VDOT requested combining that PE-only project and a more recent approved project into a single agreement under CBTA 24.
"From the staff point of view... invoicing and reimbursement can be greatly streamlined by putting both of these under 1 agreement," he said. Staff recommended the authority recommend an amended funding-administration agreement with VDOT and receive the $1,000,000 surplus back to balance entry.
Barb moved to combine the projects and move the $1,000,000 to balance entry; Beth seconded. The authority conducted a roll-call vote with jurisdictions voting aye and the motion passed.
The recommendation will be forwarded to the full authority for final approval and to complete the amended agreement with VDOT.
