Washington State DOT

Project Description

Advise state DOT on rail line acquisition

Details

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PROJECT DESCRIPTION

Advise state DOT on rail line acquisition

BACKGROUND

Federal, state, and local governments are increasingly recognizing the value of public investment in rail transportation. Unlike highway expansion, private-sector enterprises have an important role leveraging public investments in rail. Strategic Rail Finance provided experienced policy advice to bridge the gap in understanding.

The Washington State Department of Transportation (WSDOT) and the state legislature needed specialized industry knowledge to understand the industry economics of rail before appropriating funds to this $25.0 million public investment.

SRF APPROACH

Strategic Rail Finance transformed the private railroad company’s complex management and accounting records into sets of useful data and analytical tools. This process enabled the WSDOT to assess and understand all aspects of the rail operation.

RESULTS