New Resolution to Advance Managed Lanes as Possible P3
CHICAGO –(ENEWSPF)--February 4, 2016. Gov. Bruce Rauner today was joined by legislative leaders and local elected officials to announce a legislative resolution that would allow the Illinois Department of Transportation (IDOT) to pursue adding managed lanes to Interstate 55 under a private-public partnership. By seeking out a P3 agreement, the state could deliver the project benefits more quickly and at a reduced cost.
“By using existing resources to leverage private investment, we can build the type of infrastructure that allows Illinois to better compete in the 21st century,” Gov . . .