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

  • MaaS by any other name
    February 6, 2020
    Has the roll-out of Mobility as a Service stalled - or could it just be that multimodal travel is simply happening under a variety of different names?
    Read More
  • Necessity is the mother of invention
    April 6, 2016
    The Netherlands aims to lead Europe, and the world, in the area of cooperative ITS and smart mobility. That’s not an aspiration – it’s a necessity as Frans op de Beek, principal advisor for traffic management and ITS within the Rijkswaterstaat, the Ministry for Infrastructure and the Environment, explains.
    Read More
  • Boost to infrastructure, autonomous cars in UK budget
    March 17, 2016
    The UK chancellor announced in his spring budget what he called the biggest investment, US$87.5 billion (£61 billion), in transport infrastructure in generations and is increasing capital investment in the transport network by 50 per cent over this Parliament compared to the last. The government plans to establish the UK as a global centre for excellence in connected and autonomous vehicles by establishing a US$24.1 million (£15 million) ‘connected corridor’ from London to Dover to enable vehicles to com
    Read More
  • Is road user charging the first stop for congestion management?
    July 23, 2012
    David Hytch, Information Systems Director at the Greater Manchester Public Transport Executive, considers just where congestion pricing schemes should sit in transport planners' hierarchy of options for managing demand. On the face of it, Greater Manchester in England's proposed congestion charging scheme hit just about every sweet spot possible when it came to convincing the general public of the need for and benefits of such a venture. There was the promise from national government of almost £3bn-worth of
    Read More

Highlighted Content