ODOT proposes milestone‑based prioritization for billion‑dollar projects after shortfall review
ODOT presented a proposed process to require commission approval at clear readiness milestones for major projects, including risk‑based cost estimates and funding plans; staff estimated an unfunded portfolio gap of $5–6 billion and proposed CIAC review before commission adoption of the policy.
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ODOT leaders told the commission their major‑project portfolio of eight projects over $100 million lacks a consistent readiness and prioritization framework and collectively faces an estimated $5–6 billion unfunded shortfall. Staff proposed a milestone‑based process requiring progressively greater design, cost‑risk analysis and a funding plan before a project advances to final design or construction and suggested the Continuous Improvement Advisory Committee (CIAC) help develop the thresholds.
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