Project Funding
Construction of the Presidio Parkway was planned in two major phases. Phase I was delivered through the traditional design-bid-build method. Phase II will be delivered through a public-private partnership.
Learn more about project delivery.
| Funding Source |
Phase I |
Phase II |
| |
Traditional delivery |
Public-private partnership* |
| Federal Grants |
$70,260,000 |
- |
| American Recovery and Reinvestment Act |
$83,280,000 |
$46,000,000 |
| State Highway Operations and Preservation Program |
$174,100,000 |
$11,930,000 |
| Transportation Congestion Relief Program |
$14,490,000 |
- |
| State Local Partnership Program |
- |
$19,360,000 |
| Prop K Sales Tax |
$29,100,000 |
$36,461,000 |
| Regional Improvement Program |
$16,870,000 |
$67,000,000 |
| Metropolitan Transportation Commission Bridge Tolls |
$80,000,000 |
- |
| Metropolitan Transportation Commission STP/CMAQ Funds |
- |
$30,960,000 |
| Golden Gate Bridge Highway and Transportation District |
- |
$75,000,000 |
| Regional Improvement Program (TAM) |
- |
$4,000,000 |
| Regional Improvement Program (SCTA) |
- |
$1,000,000 |
| Total |
$468,100,000 |
$291,711,000 |
*NOTE: Funds for the Phase II Public-Private Partnership will be used to make a milestone payment of $185.43 million and an additional payment of $91.0 million to the concessionaire upon completion of construction.