Privatized Rail Projects in the the Capital Area?
The Washington Post reports today that the Commonwealth of Virginia is attempting to turn over to a private partnership the project to build a rail extension to Dulles Airport. The project is the third most expensive rail proposal in the nation and has met significant challenges since its inception.
The private partnership, called Dulles Transit Partners, is made up of Bechtel Corp. and Washington Group International. The Commonwealth has a draft agreement with the partnership, but is apparently waiting for Federal Transit Administration approval before finalizing it. To date, the FTA has never approved a similar deal. The Post notes that, "there is no opportunity for public review until the deal is signed and becomes binding."
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cs | 9:50 AM |
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"Bechtel Transit: Just because you didn't order any meals on the train and food isn't allowed doesn't mean we won't charge you for a three-course dinner."
