Toll Road Leasing

In this op-ed, the former Secretary of the PA D.O.T. bemoans the lost opportunity to lease the PA turnpike to receive $12.8 billion from a private investor group, placing the blame squarely on the state legislature and the Turnpike Commission.

The mother of all toll road leases appears to come to a head next month, and though the chances of the near $13 billion lease of the the 537-mile Pennsylvania Turnpike to Citigroup-Abertis team are most uncertain, the PA saga is worthy of study.