Denver Business Journal » Article explores the recent decision by Colorado DOT to issue a ‘request for information’ to the private sector regarding the financial feasibility of building a high-speed rail line along the state’s I-70 mountain corridor. CDOT has already determined that the project is technically feasible but knows the state cannot afford the estimated […]
The Washington Post » This article describes an industry forum event held for the $2.15 billion light-rail Purple Line project by the Maryland Department of Transportation. The purpose of the event was to bring officials, interested private investors, and construction companies together to gauge interest in and learn more about developing the Purple Line as a public-private-partnership. […]
The Times of India » One of the state governments in India is in talks with potential bidders to develop eleven highways. The state is optimistic that these projects will improve connectivity and mobility and will be completed faster than if they had to finance the projects on their own. Article goes on to provide details […]
The Indian Express » Article explores the Indian Parliament’s Standing Committee on Transport, Tourism and Culture’s most recent report (May 2013) which concludes that the government needs to come out of a “pathological prefixation” with the P3 model. The report concludes that the government’s favoritism of this model is hindering infrastructure development. This model hinders true […]
Pilot Online » This piece covers the decision by a Portsmouth Circuit Court which declared Virginia’s $2.1 billion public-private partnership Midtown Tunnel deal and its tolls unconstitutional. The decision from Judge James A Cales Jr. came as a great relief to the residents who had been working against the project which they feel is unfair and […]
The Times of India » Article provides a brief overview of the difficulties that India has had in keeping private investors involved in their P3s. A top finance ministry official claims that it the private sector reluctance is partially based in their fear of taking a financial hit. It is his belief that when a project […]