Source: Houston Chronicle

By ROSANNA RUIZ

Two of Metro's bus rapid transit projects will be part of a federal pilot program to measure the potential cost savings of public-private partnerships, a move that could expedite the development of the transit corridors, officials announced today.

One private firm or a consortium of private companies will be responsible for all construction and project management under the terms of the Public-Private Partnership Pilot Program, known as Penta-P, U.S. Transportation Department officials said.

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Posted by pichu at May 29, 2007 1:18 PM