public employee pension funds

When California recently resolved its mammoth budget deficit, it also moved to ease restrictions on transportation public-private partnerships, a politically controversial idea that over the long run could help control costs to taxpayers of improving overloaded roads, rails, and freight facilities. P3s, as the arrangements are called, draw from among construction, engineering, highway management, and infrastructure investment firms (often funded partly Read More ›

The need for public-private partnerships to help rebuild the nation’s overburdened and underfunded surface transportation network is growing. Even before gas prices spiked and gas tax hike prospects dived, the Washington State Transportation Commission was calling for P3s. They did so in this January 2007 report, and then again here. The January, 2007 report states that P3s should be closely Read More ›