Transportation Leaders Propose Massive Public-Private Partnership Project in Northeast Rail Corridor
Client Alert | less than 1 min read | 05.27.11
On May 26, 2011, House Transportation leaders outlined a dramatic Public-Private Partnership proposal designed to bolster the development of high-speed rail in the heavily populated "Northeast Corridor." Continuing the trend towards PPP procurement on the federal, state and local levels, the proposed legislation would separate the Northeast Corridor from Amtrak, transfer it to a separate entity, and begin a competitive bidding process that would allow for a PPP to design, build, operate, maintain, and finance high-speed rail service over the next 10 years.
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