Fix 66 group applauds VDOT’s partnership finance option for I-66

Fix 66, a newly formed group to advocate for a managed lanes and bus rapid transit system to improve mobility in the I-66 corridor outside of the Capital Beltway, has applauded Virginia Department of Transportation’s (VDOT’s) announcement that they will advance a public-private partnership (P3) option for I-66 improvements to evaluate it with the previously announced public financing option. Fix 66 said, “We applaud VDOT’s decision to put the public-private partnership option on the table because maximi
July 16, 2015 Read time: 2 mins
Fix 66, a newly formed group to advocate for a managed lanes and bus rapid transit system to improve mobility in the I-66 corridor outside of the Capital Beltway, has applauded 1747 Virginia Department of Transportation’s (VDOT’s) announcement that they will advance a public-private partnership (P3) option for I-66 improvements to evaluate it with the previously announced public financing option.

Fix 66 said, “We applaud VDOT’s decision to put the public-private partnership option on the table because maximising private sector investment and ingenuity is the best approach to delivering the most benefit, reducing construction impacts, and minimizing the risk to Virginia taxpayers.  

“If VDOT decides to go it alone with the public financing option, it could be a fiasco for Virginia taxpayers and I-66 commuters resulting in a taxpayer bailout that would wipe all the current transportation funding and likely shutter local road projects throughout Virginia.

“However, we are cautiously optimistic with today’s announcement that VDOT will make the right decision in moving forward with the public – private partnership to bringing traffic congestion relief and a better quality of life to the I-66 Corridor. “
Charging, Tolling & RUC

Related Content

  • January 20, 2012
    Infrastructure spending is an investment in economic recovery
    Transportation funding is caught in the crossfire as the President calls for infrastructure investment and a reinvigorated Republican majority in the House pushes back on federal spending. Andrew Bardin Williams reports. Every few months some politician or pundit declares that the country is on the verge of making the most important political decision in a generation. The 2006 mid-term election; the 2008 Presidential election; the passing of the stimulus bill; healthcare reform; the mania surrounding Tea Pa
    Read More
  • May 25, 2022
    Cubic’s holistic view of traffic management
    How can cities and transit agencies ease congested roadways? Andy Taylor of Cubic Transportation Systems suggests it would help to take a more holistic view of the problem
    Read More
  • August 25, 2016
    HERMES Study provides guidance for forward ITS thinking in Finland
    Having authored HERMES, a major study for the Finnish Ministry of Transport and Communication, Josef Czako talks to ITS International about his findings and lessons for other authorities. When CEOs of major automakers are predicting more change in the next five years than in the past 50, what is the role of national authorities considering the benefits of innovations in ITS?
    Read More
  • December 23, 2015
    Virginia DOT continues road management partnership with Fugro
    The Virginia Department of Transportation (VDOT) has awarded Fugro Roadware a five-year contract for roadway data collection and evaluation services. Fugro is gathering, evaluating and assembling condition data for roadway assets across the state, including interstate, primary and secondary road sections.
    Read More

Highlighted Content