A letter from the US Department of Transportation to Michael Behrens, Executive Director of TxDOT received April 26, 2007 objects to the procurement methods utilized by TxDOT on the SH121 bid. It also states that CINTRA has applied for a Federal loan for up to $700 million dollars on the SH 121 project. I thought the point of using private partners was that 1. private financing would be used instead funding by taxpayers 2. The DFW area was out of compliance with Federal Air Quality and could not qualify for federal funding.
What is true? What is a misconception? What is the understatement of the truth and what is the overstatement of the facts?
Click here to read the letter.
No comments:
Post a Comment