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Category Archives: Uncategorized
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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The Case For Long-Term Concessions
Long-term contractual arrangements between a state DOT and a consortium of companies to design, build, finance, operate, and maintain a highway, bridge, or tunnel represent a major paradigm shift in how such projects are procured, operated, and maintained. So it’s … Continue reading
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Is Adding Highway Capacity Futile?
Some years ago, Anthony Downs of the Brookings Institution postulated that adding capacity to a congested highway leads to a “triple convergence” of responses: some drivers shift from other roads, some drivers shift from other times of day, and some … Continue reading
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Vast Majority of Virginia Voters Have a Photo ID
Recent news reports incorrectly reported that over 400,000 registered voters in Virginia did not have photo ID that will be required in the upcoming election in November. The part of the article that was accurate was the fact that voters … Continue reading
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Millennials Want a New Kind of Suburbia
The Millennial Generation (18- to 29-years old) will be a predominantly suburban generation, contends a new study by the Demand Institute based on a survey of 1,000 Millennial households. Significant majorities of the younger generation aspire to owning a single-family … Continue reading
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