Meeting_Body
REVISED
REGULAR BOARD MEETING
MAY 26, 2016
Subject/Action
SUBJECT: OFFICE OF EXTRAORDINARY INNOVATION - MISSION AND PROGRESS REPORT
ACTION: RECEIVE AND FILE
Heading
RECOMMENDATION
Title
RECEIVE AND FILE status report on the mission and progress of the Office of Extraordinary Innovation.
Issue
Discussion
DISCUSSION
The Office of Extraordinary Innovation (OEI) is now staffed and moving forward with its mission of bringing best practices in transportation from around the world to Los Angeles County. OEI has two primary functions:
1) Partnering with the private sector to deliver innovations in mobility, customer experience, and project finance and;
2) Developing a strategic plan for LA Metro that will enable innovation and best practices across the agency.
Each of these functions is discussed below.
Partnering with the Private Sector
OEI is looking for potential partnerships (including engaging externally with non-traditional private sector partners) with the private sector in an unconventional manner. Rather than beginning with the answer, we are starting with a question for innovators - what can you do to help LA Metro better achieve its goals of mobility, reduced environmental impact, safety, and customer experience? This includes both large scale infrastructure projects, where a public-private partnership (P3 delivery model could potentially deliver a project faster, better, or cheaper). It also includes small-scale technological or operational improvements that can have a more immediate impact. With the release of our new unsolicited proposal policy in February at our kickoff Transformation Through Transportation Event, we drew attention to the idea that LA Metro is open to new ideas and that they will be given fair consideration. The new unsolicited proposal policy promises a response within 60 days to any proposal that meets basic criteria for an unsolicited proposal. OEI is responsible for putting together a project evaluation ...
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