Orange County Transportation Authority

Finance and Administration Committee Agenda

Wednesday, August 13, 2025 at 10:30 a.m.

Board Room, 550 South Main Street, Orange, California

Committee Members

Michael Hennessey, Chair

Patrick Harper, Vice Chair

Jamey M. Federico

William Go

Carlos A. Leon

Vicente Sarmiento

Mark Tettemer

Any person with a disability who requires a modification or accommodation in order to participate

in this meeting should contact the Orange County Transportation Authority (OCTA) Clerk of the

Board's office at (714) 560-5676, no less than two business days prior to this meeting to enable

OCTA to make reasonable arrangements to assure accessibility to this meeting.

Agenda Descriptions

Agenda descriptions are intended to give members of the public a general summary of items of

business to be transacted or discussed. The posting of the recommended actions does not

indicate what action will be taken. The Committee may take any action which it deems to be

appropriate on the agenda item and is not limited in any way by the notice of the recommended

action.

Public Availability of Agenda Materials

All documents relative to the items referenced in this agenda are available for public inspection at

www.octa.net or through the Clerk of the Board’s office at the OCTA Headquarters, 600 South

Main Street, Orange, California.

Meeting Access and Public Comments on Agenda Items

Members of the public can either attend in-person or access live streaming of the Committee

meetings by clicking this link: https://octa.legistar.com/Calendar.aspx

In-Person Comment

Members of the public may attend in-person and address the Board regarding any item within the

subject matter jurisdiction of the Orange County Transportation Authority. Please complete a

speaker’s card and submit it to the Clerk of the Board and notify the Clerk regarding the agenda

item number on which you wish to speak. Speakers will be recognized by the Chair at the time of

the agenda item is to be considered by the Board. Comments will be limited to three minutes. The

Brown Act prohibits the Board from either discussing or taking action on any non-agendized

items.

Written Comment

Written public comments may also be submitted by emailing them to ClerkOffice@octa.net, and

must be sent by 5:00 p.m. the day prior to the meeting. If you wish to comment on a specific

agenda Item, please identify the Item number in your email. All public comments that are timely

received will be part of the public record and distributed to the Board. Public comments will be

made available to the public upon request.

Call to Order

Pledge of Allegiance

Director Federico

Closed Session

There are no Closed Session items scheduled.

Special Calendar

Investment Management Presentation - MetLife

Robert Davis/Andrew Oftelie

Overview

MetLife Investment Management is one of four firms contracted by the Orange County

Transportation Authority to oversee the Managed Investment Portfolio. Representatives

from MetLife Investment Management will provide an introduction to their firm, along with

market insights and an update on Orange County Transportation Authority’s portfolio.

Attachments:

Presentation

Consent Calendar (Items 2 through 5)

All items on the Consent Calendar are to be approved in one motion unless a Committee

Member or a member of the public requests separate action or discussion on a specific item.

Approval of Minutes

Clerk of the Board

Recommendation(s)

Approve the minutes of the July 23, 2025 Finance and Administration Committee meeting.

Attachments:

Minutes

Budget Development, Monitoring, and Reporting, Internal Audit Report No. 25-514

Jonathan Thompson/Janet Sutter

Overview

The Internal Audit Department of the Orange County Transportation Authority has

completed an audit of budget development, monitoring, and reporting. Based on the audit,

controls are adequate and functioning.

Recommendation(s)

Receive and file Budget Development, Monitoring, and Reporting Internal Audit Report No.

25-514, as an information item.

Attachments:

Staff Report

Attachment A

Oversight and Contract Compliance Related to Public Outreach Activities for the

OC Streetcar Project

Ricco Bonelli/Janet Sutter

Overview

The Internal Audit Department of the Orange County Transportation Authority has

completed an audit of oversight controls and contract compliance related to public

outreach activities for the OC Streetcar Project. Based on the audit, oversight, compliance,

and invoice review controls should be improved. Recommendations have been made to

improve contract oversight and invoice review controls, and to obtain all required contract

deliverables.

Recommendation(s)

Direct staff to implement three recommendations provided in Oversight and Contract

Compliance Related to Public Outreach Activities for the OC Streetcar Project, Internal

Audit Report No. 25-512.

Attachments:

Staff Report

Attachment A

Orange County Transportation Authority Investment and Debt Programs Report -

June 2025

Robert Davis/Andrew Oftelie

Overview

The Orange County Transportation Authority has a comprehensive investment and debt

program to fund its immediate and long-term cash flow demands. Each month, the

Treasurer submits

report detailing investment allocation, performance, compliance,

outstanding debt balances, and credit ratings for the Orange County Transportation

Authority’s debt program. This report is for the month ending June 30, 2025. The report

has been reviewed and is consistent with the investment practices contained in the

investment policy.

Recommendation(s)

Receive and file as an information item.

Attachments:

Staff Report

Attachment A

Attachment B

Regular Calendar

Consultant Selection for Program Management and Construction Management

Services for Improvements to Orange County Transportation Authority’s

Headquarters Property

Steven L. King/James G. Beil

Overview

On April 14, 2025, the Orange County Transportation Authority Board of Directors

authorized the release of a request for proposals to retain a consultant to provide program

management and construction management services for improvements to the Orange

County Transportation Authority’s headquarters property. Board of Directors’ approval is

requested for the selection of a firm to perform the required work.

Recommendation(s)

Approve the selection of Griffin Structures, Inc., as the firm to provide program

management and construction management services for improvements to the

Orange County Transportation Authority’s headquarters property.

Authorize the Chief Executive Officer to negotiate and execute Agreement No. C- 5-

3977 between the Orange County Transportation Authority and Griffin Structures,

Inc., to provide program management and construction management services for

improvements to the Orange County Transportation Authority’s headquarters

property.

Attachments:

Agreement

for

Oversight

Services

for

the 405 Express

Lanes

Back-Office

System/Customer Service Center Operations

Kirk Avila

Overview

The Orange County Transportation Authority requires toll consultant services to provide

support and oversight services for the 405 Express Lanes back-office system/customer

service center operations. Proposals were received in accordance with the Orange County

Transportation Authority’s procurement procedures for professional and technical services.

Board of Directors’ approval is requested to execute an agreement for these services.

Recommendation(s)

Approve the selection of HNTB Corporation as the firm to provide oversight

services for the 405 Express Lanes back-office system/ customer service center

operations.

Authorize the Chief Executive Officer to negotiate and execute Agreement No. C-

53898 between the Orange County Transportation Authority and HNTB

Corporation, in the amount of $895,000, for a 15-month term, to provide oversight