Getting to ‘yes’ on toll-financed Interstate reconstruction

In Politics by Michael Rae

In one of my previous columns for Public Works Financing, I suggested that by far the largest U.S. public-private partnership (P3) opportunity would be revenue-risk design-build-finance-operate-maintain (DBFOM) projects to rebuild America’s aging Interstate highways via toll financing. The cost of reconstruction and selective widening of Interstates was estimated to be approximately