VDOT’s New P3 Approach: No Bad Deals.

WTOP News reports, “New express toll lanes on I-66 between the Beltway and Gainesville, Virginia, are expected to open in 2022. And Virginia’s top transportation official is singing the praises of the public-private partnership agreement reached this week that will make it happen. ‘The Governor made it clear he would rather have no project than a bad deal, and I cannot overemphasize the ability for us to negotiate from that position,’ Virginia Transportation Secretary Aubrey Layne said. . . .” The report adds that under the deal with I-66 Express Mobility Partners, the state does not have to put up any money and the “companies have also agreed to give Virginia a check for $500 million.”