Transportation

Sperry’s transportation principals are experts on express lanes and toll roads, rail infrastructure, and transportation public-private partnerships. Since 1994, we have served as a trusted financial advisor to public agency and corporate transportation clients. We specialize in transportation infrastructure advisory and have helped our clients overcome challenges to deliver complex transportation projects in fiscally constrained environments. We are dedicated to helping our clients plan and prepare for the growing public demand for more reliable and effective transportation systems.

Express Lanes & Toll Roads

Sperry’s transportation principals specialize in advising express lanes and toll road clients. We have advised the gold standard for managed lanes, OCTA’s 91 Express Lanes, from its acquisition in 2003 to the present, and we advise critical congestion pricing projects such as LACMTA’s ExpressLanes program. Sperry’s experience in congestion reduction advisory for state and regional transportation authorities includes difficult stand-alone, start-up toll roads and mature managed lanes system credits.

Rail Infrastructure & Mass Transit

Sperry excels at assisting rail and transit clients with developing capital improvements projects in constrained funding environments. Our expertise in transit financial operations, planning and strategy is invaluable in assisting our clients with critical fleet replacements, system expansions and other infrastructure improvements. We have assisted our clients with securing green bond certifications and state and federal grant funding. We easily collaborate with client staff, technical advisors and other consultants to deliver successful transit projects.

Public-Private Partnerships & Alternative Project Delivery

Sperry serves as an advisor on public-private partnerships for many of our transportation clients throughout the U.S. We have extensive experience analyzing and implementing alternative project delivery options, such as Design-Build contracts and longer-term Design-Build-Finance-Operate-Maintain public-private partnerships, designed to allow our transportation clients to transfer risks between the public and private sector, reduce costs, encourage innovation and assure on-schedule delivery.

State DOTs & Highway Agencies

Sperry serves as financial advisors and public-private partnership advisors to State DOTs and highway agency clients. Our services range from providing strategic analysis and advice to managing transportation project financings with debt options ranging from GARVEE bonds, PABs, gas tax bonds, TIFIA loans, and toll road revenue bonds.