I am excited and inspired to embark upon a new year. As we prepare for the endless opportunities ahead of us in 2019, I would like to take a few moments to reflect on what we have accomplished over the past 12 months.
One DASNY initiative, we have implemented numerous improvements at DASNY. We have streamlined processes, increased the flow of information and the speed of decision-making, deployed new technology, and expanded our financing and project delivery methods.
We have promoted a culture of continuous improvement across all services, demonstrating that DASNY is a customer-focused, valued partner capable of solving problems.
DASNY’s public finance business continues to demonstrate its strength in the market. Bond issuances totaled approximately $9.1 billion in 2018, despite the impact that the repeal of advance refunding has had on the municipal bond market.
Construction has a pipeline of 1,009 projects valued at more than $6.6 billion as of October 31, 2018. We are enhancing our alternative delivery capabilities, as demonstrated by our successful use of design-build to deliver the
$24 million, 263-bed residence hall at SUNY Brockport
The success of the Brockport project has helped pave the way for the
$750 million, design-build New York State Life Sciences Public Health Laboratory in the Capital Region and the $27.8 million, 257-bed, design-build residence hall at SUNY Polytechnic Institute in Utica.
With design-build we are able to incorporate earlier in our general conditions Minority- and Women-Owned Business Enterprises (MWBEs) and Service-Disabled Veteran-Owned Businesses (SDVOBs) goals. We are at our best when we are inclusive for all. Diversity fuels creativity, and innovation ultimately follows.
We are also innovating and expanding our sustainability offerings by combining a newly updated energy performance contracting program with our Tax-Exempt Equipment Leasing Program (TELP) and procurement services. In addition, we are collaborating with SUNY and NYSERDA on the development of a zero-net energy retrofit residence hall project at SUNY Oneonta, which will be a model for future residence hall renovations throughout the SUNY system.
Together, we are advancing New York State’s support of innovation, social impact, growth, and inclusion, positioning DASNY to enter 2019 as a national leader in each of these important sectors. I look forward to continuing this journey together.
Gerrard P. Bushell, Ph.D. DASNY President & CEO