Be Very Wary of Public-Private Partnerships

Be Very Wary of Public-Private Partnerships

Used for years in foreign countries, “public-private partnerships” (known by the acronym “P3s”) of widely varying scope and magnitude have been suggested to not only use private money to finance the installation of toll devices, but to employ private companies to build transportation projects – and perhaps to own and operate them. Gov. Lamont has also expressed interest in P3s, although he has wisely recognized that the details still need to be developed

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