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Northern Virginia Transportation Alliance
The public and potential vendors do not know, for example, whether the cost of maintenance is included in the projected costs for both scenarios, or what happens if the state finances the road and toll revenues fall short.
The anticipated breakdown of anticipated federal, state and regional funding sources also wasn't provided, even though that could affect the state's debt limit or the amount of money available for other projects in the region, Chase said.
Chase said that the state needs to be more transparent.
The McAuliffe administration wants vendors to disclose more about their deals, but the vendors should also know how the state is planning on structuring its own finance deal, so they can offer a suitable alternative.
Chase agreed, though, that the state should provide more funding than it has in other area toll projects, if it does a public-private partnership, because that could keep tolls lower.
"If you're spending billions of dollars to add new capacity but the pricing structure discourages people from using it,"
Mayor Henry presents Bob Chase with "Key to the Fort"
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"Not quite," said Chase.
"58% (113) stressed the need for additional lanes and increased capacity in the corridor with no mention of concern regarding transit commitments, while 31% (61 including 4 from one individual) expressed concern regarding transit services."
I don't doubt the accuracy of Chase's numbers.
In fact lack of Metro ridership explains why I-66 inside the Beltway is a parking lot when HOV is not in effect during rush hour.
I myself applaud Bob Chase's search for more parking space, but I do question whether area interstates are the appropriate place to put it.
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