Standard Operating Procedures
Development FrameworkView Details >
The Development Framework connects a series of more detailed processes together, allowing individual projects of varying scale and complexity to be managed in an orderly and transparent manner.
TOD System AnalysisView Details >
The TOD System Analysis is regional in nature, the area being determined by existing and potential transportation facilities. This plan is updated on an annual basis and depicts which projects are currently in some stage of development, and which transit hubs are prepared to begin development.
Station Area PlanView Details >
Plan areas are to be centered around transit hubs, and encompass an approximate area one half mile from said hub. The final plan area is to be defined by the respective local government and may be used for the purposes of analysis, community engagement, and final recommendations.
Conceptual Layout & ProcurementView Details >
Requests for proposals and developer selection are to comply with general procurement policies and other applicable corporate policies maintained by UTA.
Master PlanView Details >
Master Plans are to include all properties controlled by UTA, that occur within a single station area. Additional properties may be included if adjacent landowners desire to participate.
Site DesignView Details >
Site Designs are to include one phase of development, as described in a Master Plan. Within this plan, specifications are to be the same as those found in the final construction documents, approved by the respective city, or other local jurisdiction.
Financial AnalysisView Details >
Financial analysis accounts for the cost and income generated by a single phase of development. Costs and income are to be expressed using industry-standard metrics (ie NOI, ROI, NPV, etc), and documented in an industry-standard pro forma.
Construction ManagementView Details >
Construction management is to be assessed on a site-specific basis. Pre-construction plans are to be coordinated prior to the commencement of any site preparation or construction.
Property ManagementView Details >
Property management is to be assessed on a site-specific basis. Accounting standards for receiving development income, defined in operating agreement, are to be used as the standard by which UTA receives its cash distributions.