Category Archives: Transportation

As Managed Lanes Increase, Growing Pains Arise

According to an article by Susan Buse in the annual Tolling Review produced by Thinking Highways, as of the end of 2014 there were 28 tolled managed lane projects in operation in 10 states plus Puerto Rico, with another 18 … Continue reading

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The Value of Innovation in Toll Concession Projects

Most discussions of the pros and cons of P3 concessions cite as benefits the availability of investment from new sources (e.g., pension funds and developer equity), shifting various risks (such as construction cost overruns) from taxpayers to investors, and ensuring … Continue reading

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The Self-Inflicted Infrastructure “Crisis”

We continually hear about an “infrastructure crisis” in the United States, a malady from which Virginia has not been spared. Talk of pot-holed streets, tottering bridges and crumbling highways invariably moves to talk about the need to spend more on infrastructure, which … Continue reading

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Virginia House Bills Put Roads Over Rails

(Editor’s note: This article from Watchdog.org’s Virginia Bureau on February 17th is reprinted because the idea that legislation needs to be passed to make sure the transportation funding’s top priority is congestion relief speaks volumes about what is wrong with … Continue reading

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A Level Financial Playing Field For P3 Projects

One of the perennial arguments raised against long-term public-private partnerships (P3s) for transportation infrastructure is that the financing cost will be higher, because revenue bonds issued by the private sector carry higher interest rates, since the interest on those bonds … Continue reading

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