Interest to lease turnpike is broad
Philadelphia Inquirer on the interest in leasing the Turnpike. List of companies completing RFQ is included (several companies entered joint proposals – thus there are 34 companies listed, but…
Media
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Spain constructors eye 21.2 bln eur Pennsylvania highway privatisation
Thomson Financial on potential Spanish bidders on a Turnpike lease (RFQs were due today). Once you get past the British spelling (“privatisation”) , you need to covert Euros…
Media
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FHWA responds on I-80 tolls
Toll Roads News posts and analyzes a letter from the Federal Highway Administration to the Turnpike Commission on tolling I-80. The letter doesn’t say much other than the…
Media
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Rendell: Show me the money and I’ll pull plan for I-80 tolls
Morning Call Story on Governor Rendell’s announcement he would support a repeal of Act 44 if legislators found an alternative funding stream. A Turnpike lease remains at…
Media
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Rendell revives idea of leasing turnpike
The Patriot-News reports that “Rendell has said that if the process promised annual returns approaching $1.5 billion or more, he likely would ask the General Assembly to reconsider the…
Media
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Turnpike Open for Bidding
Governor Rendell has issued a request for qualifications for bidders on a Turnpike Lease. I’m not clear how a “request for qualifications” differs from “expression of interest” or an…
Media
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Choosing to Pay Interest, Rather Than Earn It
Is it financially better to earn interest or to pay interest? Seems like a rhetorical question. It should be. However, Governor Rendell and the General Assembly chose to make…
Commentary
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What is the worst part of transportation funding scheme?
As both Congressman Peterson and John Micek have pointed out, the PA Turnpike Commission has a new website touting I-80 tolls, with a silly push-poll asking –…
Media
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Feds receive request to toll I-80
Toll Roads News on the Application of the PA Turnpike Commission for tolling I-80 – featuring a copy of the actual application and some commentary including: The application…
Media
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