VDOT’s Layne Is Mum (for Now) on Sate’s Capital Savings from I-66 Deal

Inside NoVa.com, covering the preliminary award of the I-66 outside-the-beltway express lanes contract, reports, “In a briefing last week, [Virginia] Transportation Secretary Aubrey Layne said two prime factors played in the state’s ultimate decision to side with Express Mobility Partners: No need for any public investment and the group’s commitment to funding transportation projects in the future. Layne would not divulge any details about how much public funding the losing bid would have required, preferring to keep that under wraps ‘until we have the money in the bank.’ But he said officials jumped at the chance to avoid any up-front investments, especially when considering the ‘future funding’ opportunities the winning bidders offered.”