Canada has prided itself on innovative use of public-private partnerships to build major infrastructure projects. But critics, including public employee unions, argue in new analyses that P3s cost taxpayers more than government procurement methods.
Traffic-calming road redesigns, vehicle-miles-traveled-based pricing and partnerships with technology companies are all part of the new era of transportation.
The latest addition to Virginia’s growing portfolio of P3-built tolled express lanes officially got underway on Nov. 20, with the ceremonial groundbreaking for the $3.7 billion Transform 66 Outside the Beltway project.
The design-build phase of the $2.1- billion Elizabeth River Tunnels project in Norfolk, Va., finished last month—one year ahead of schedule—in a P3 collaboration between a Skanska USA-Kiewit-Weeks Marine Inc. team and the Virginia Dept. of Transportation.
Commuters and travelers who cross the Hudson River by transit into New York City hope a just-finished track upgrade at Penn Station will improve recent delays, derailments and other malfunctions.
ODOT’s largest project ever, and its first P3, are nearing completion as the state looks at a 35-year maintenance period for its P3 partner before the road is handed back.
