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NEGOTIATION ASSISTANCE TO THE FLORIDA DEPARTMENT OF TRANSPORTATION CONCERNING THE INITIATION OF ORLANDO COMMUTER RAIL SERVICE

The Florida Department of Transportation asked RLBA to assist in its effort to negotiate new shared use commuter rail service on CSX. RLBA prepared: 1)a valuation of a perpetual easement underlying prospective operation of the regional passenger rail service; 2)a maintenance of way and dispatching primer; 3)a review of the freight railroad’s operating plan in order to facilitate initiation of new passenger rail service; 4)a review of the precedents and recommendations with regard to track use, maintenance of way and dispatching fees, in negotiated access agreements between commuter rail and freight rail carriers; 5)a narrative summary of commuter and freight rail operations and 6)a valuation of the freight railroad’s main line infrastructure. This effort included contacting a number of commuter rail operations to obtain copies of their agreements with freight railroads and to generate other necessary data, as well as preparation of a spreadsheet model which could incorporate access fees negotiated by other commuter rail properties and discounting them to a net present value.




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R.L. Banks & Associates, Inc. 2107 Wilson Blvd. Suite 750 Arlington, VA 22201 703.276.7522