VDOT:
“The Commonwealth Transportation Board on Wednesday
unanimously approved a resolution calling for better oversight, transparency
and risk assessment on public-private partnership transportation projects in
the state. Secretary of Transportation Aubrey Layne proposed the resolution as
a way to prevent a repeat of problems associated with the troubled $1.5 billion
Route 460 project.
The resolution directs the Office of Transportation
Public-Private Partnerships and the Virginia Department of Transportation to
review all processes, policies and guidelines used to solicit, negotiate and
implement such partnerships, called P3s and to more directly involve the CTB in
the process.”
~Writes Cathy Grimes of the Daily Press
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