Texas Rebuff Of Winning Toll Road Bid Raises Concerns
By a vote 27 to 10, the North Texas Regional Transportation Council (RTC) recommended that the 26-mile SH 121 toll road project be awarded to the public North Texas Tollway Authority (NTTA) rather than to the private consortium of Cintra-JP Morgan Asset Management. The latter bidder had won the award in a competitive procurement process earlier this year. The RTC decision has been widely condemned by the transportation community as wrong on substantive as well as fairness grounds. (See, for example, “A Tale of Two Texas Roads,” by Robert Poole of the Reason Foundation). A formal decision is up to the Texas Transportation Commission (TTC) which will vote on the RTC recommendation June 28. The Commission will be faced with Read More ›