Tag Archives: availability payment model
Close on the heels of news that Interstate 69 (I-69) is underway in Texas, the Indiana Finance Authority and highway department (INDOT) has selected four private developers to submit proposals for a public-private partnership (P3) on segment 5 of I-69 from Bloomington to Martinsville. The final selection is expected this fall.
Question: How do you know when a public agency is out of control? Answer: It tries to bypass the legitimate branch of government, in this case the Texas legislature, to make an administrative ‘rule change’ instead.