Seattle and King County, Wash., want to block voted-in ballot initiative that would blow a half-billion-dollar hole in funding plans and delay city's light-rail system expansion.
As risks rise higher on fixed-price P3 and other projects for builders, financiers and owners, participants refine—and rethink—their delivery strategies.
The largest investment, $975 million, would go toward upgrading the Southwest Corridor parallel to I-5, and includes an 11-mile extension of the MAX light rail line.
