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

For more information on companies in this article

Related Content

  • Suppliers reshape to provide tolling and traffic management expertise
    August 2, 2013
    Jason Barnes examines the trend towards single source supply of complete tolling and traffic management solutions with some senior tolling industry figures. Only a few years back, the major tolling system suppliers were aggressively positioning themselves as one-stop shops for tolling solutions and operations. No sooner has that little flurry of innovation settled than another trend has emerged – tolling companies wanting to become major ITS suppliers as well. Various tolling company seniors have in recent
    Read More
  • ITSA & IBTTA applaud Infrastructure Act
    November 11, 2021
    $1 trillion legislation is hailed as 'essential step' in modernising US roads and bridges
    Read More
  • ITS innovations – a change for the better?
    May 5, 2016
    Josef Czako takes a look at what the future developments may hold for both the transport sector and society. As the dust of the 2015 World Congress in Bordeaux settles, we can begin to see more clearly some of the most important future innovations in ITS are starting to be linked together: mobility as a service (MaaS), mobility pricing and autonomous vehicles. They all are based on global trends, like digitalisation, automation and servitisation.
    Read More
  • Big data bonus for Dublin’s buses
    August 19, 2014
    Dublin’s smart research partnership speeds buses More than 50% of people travelling into and across the Irish capital rely on public transport, and four out of 10 these use buses meaning Dublin Bus carries some 120 million passengers a year.
    Read More

Highlighted Content