Item No.    7c_Supp 
Date:    June 9, 2015 
Slide 7 revised June 9, 2015 
Capital Improvement Projects 
First Quarter Report
2015 
Commission Briefing

99 Capital Improvement Projects 
Overall Status of Projects 
99 Total Projects in report (88 CDD, 11 ICT) 
65 Projects are within or ahead of target
schedule and budget 
33 Projects have either target schedule or
budget off with 2 new Reportable Variances for
this Quarter. 
1 Project has both target schedule and budget
off with no new Reportable Variances for this
Quarter. 
4 Projects are Substantially Complete 
2

CDD Projects by Status, by Quarter 
100%                                1             1 
Off Schedule              5          5 
and Budget        90%
80%
33                31 
37                 31
(Schedule)           (Schedule)          (Schedule) 
Off Budget or        70%    (Schedule) 
Schedule 
60%
50%
40%
On Schedule 
30%                  56            55            56 
and Budget               48 
20%
10%
0%
2Q14 Report       3Q14 Report       4Q14 Report       1Q15 Report
Series3        5                5                1                1
Series2        37               31               33               31
Series1        48               56               55               56

Target: 64% green, 36% amber, 0% red 
3

CDD Projects By Dollar Value 
Project off schedule and budget 
- Doug Fox Lot Service Upgrade - $6.5M 
$7M 
$178M 
Projects with Budget of $25M or more that have a
Schedule Variance 
- Electrical Ground Support Equip. - $30.7M 
- Aircraft RON Parking USPS Site - $40.7M 

Other Projects with Budget of $50M or more 
- RW16C-34C Reconstruct Design  $101 M 
$1.9B - North Expressway Relocation $102.7 M 
- PC Air $55 M 
Total Budget = $2.1B - International Arrivals Facility  $608M 
- NS NSAT Renovation NSTS Lobbies  $421M 
- Checked Bag Recap Optimization  $320M 
- E. Marginal Way Grade Separation  $56.2M 
Major projects are green. 
4

AVIATION PROJECT SUMMARY 
Two new projects are behind schedule: 
Security Lane Exit Breach Control  delayed until after the
busy summer 
2016 Fuel System Modifications  delayed from Q4 2015 to
Q2 2016 due to design changes 



5

AVIATION PROJECTS 
Substantial Completion 


2nd Floor Mezzanine Infrastructure     Doug Fox Lot 
Upgrade 

6

AVIATION PROJECTS 
Q1 Budget Returns 
Project Name          Date         Type          Amount 
RW16C-34C Design and
Reconstruction               3/13/2015 Bid Savings               $11.7M 
SSAT Interior Renovations       3/12/2015 Bid Savings               $141K 







7

Aviation Budget Transfers 
$3.4M from Concessions Infrastructure (ADR) to Checked
Baggage Optimization 

$939k from Grease Interceptor Augmentation to
Concessions Infrastructure (ADR) 



8

Maritime/Economic Development 
Project Summary 
No new reportable variances. 





9

Maritime Projects 
Substantial Completion 
T115 Stormwater 


P34 Dolphins 
10

PCS Project 
T-108 Shoreline Stabilization 





11

East Marginal Way Phase 2 


EMW 2 Northbound               EMW 2 Southbound 


12

ARGO Roadway 


Argo Road headed South                      In use! 


13

CORPORATE PROJECT SUMMARY 
No new project variances for this quarter 





14

Construction Inflation Differs from
Consumer Inflation 



15

Reliving the Past 
Cyclical trends: 1975, 1982, 1991, 2011 


Source: Dodge Data & Analytics, 2015 Dodge Outlook Executive Conference 

16

State construction employment change (U.S.: 4.7%)
3/14 to 3/15: 41 states up, DC unchanged, 9 down






Shading based on
unrounded numbers




17 17

Construction Cost Escalation Rise is
Likely 
Construction marketplace is volatile 
Depends both on factor pricing and on competition 
Sectors vary 
Grease Traps 
Center Runway 
Procurement pricing methods vary 
D-B-B and D/B sealed bid 
PD/B and GC/CM price factors/negotiated 
Cost information is rearward-looking 
Time of advertisement matters 
Contract escalation terms 
Industry feedback 
18