Kentucky Again Taps PFM to Consult on RiverLink Financing and Potential P3 Projects

WDRB  reports that the Kentucky Transportation Cabinet has once again engaged PFM Financial Advisors, LLC, to help “determine whether the toll revenue generated by the RiverLink bridges is enough to make debt payments on the project’s bonds. If not, the consultants could be asked to advise the authority how to increase toll revenue or cut expenses.” Under the $300,000 contract, PFM will also advise officials on any unsolicited P3 proposals that may be submitted under a new state law.