Title: FIVE LESSONS FROM THE DE-PRIVATIZATION OF 91 EXPRESS LANES
Abstract: As reported in the prior issue of this publication, the Orange County (California) Transportation Authority reached an agreement to buy out the remaining 24 years of a private franchise for the pioneering 91 Express Lanes, operating them as a public-sector toll road. While opponents of privatization and market pricing rejoiced, and see the transaction as a bellweather, a more careful look suggests that this is simply a bump on the road toward a more commercialized highway system. This article gives some lessons learned for future projects.
Publication Year: 2002
Publication Date: 2002-05-01
Language: en
Type: article
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