While many states have tapped private capital to build roads and bridges, Texas has shown less enthusiasm for alternative funding mechanisms, allowing expiration of the Dept. of Transportation�s and Regional Mobility Authorities� right to enter into new comprehensive development agreements (or CDAs).
�The moratorium greatly limits TxDOT from procuring new CDAs to deliver highway projects for which there is insufficient funding available from traditional sources,� says TxDOT spokesperson Karen Amacker.