At midnight of January 20, 2014, the Pittsburgh Post-Gazette announced that the administration of Gov. Tom Corbett finally decided to take action on the state's crumbling bridges. The action it is taking is to sign a 40-year contract to privatize Pennsylvania bridges.
The word privatization does not appear in any of the announcements. Instead, PennDOT refers to the project as a public-private partnership. However, whether called a PPP, P3, public-private partnership, contracting out or privatization, the result is the same. Infrastructure privatization - that is privatization of roads, bridges, parking garages, parking meters, airports and the like - involves signing a contract, generally for a term of 30 to 99 years.
In the case of Pennsylvania's bridges, the private contractor takes on responsibility for designing, constructing, financing and operating bridges for up to 40 years. [PennDOT, McCalls] Experience with infrastructure privatization shows what we can expect as the bridge privatization proceeds.
The Stealth Privatization of Pennsylvania's Bridges
No comments:
Post a Comment