FAA airport privatization program grounded by financing concerns
Jim Watts ,
Bond Buyer, Only two airports have been privatized since the law was enacted, and one of them, Stewart International Airport in Newburgh, N.Y., reverted back to public ownership after seven years in private hands.
Privatization Is Changing America's Relationship With Its Physical Stuff
The Atlantic Turning more and more infrastructure projects over to outside companies makes citizens more like customers.
Oregon hired a company to paint the Ross Island Bridge without knowing its safety record. Then a worker fell.
Gordon R. Friedman,
The Oregonian The company's track record includes accidents that killed and injured workers who were not wearing fall protection gear. Also on its record are repeated failures to outfit bridge painters with adequate safety harnesses, safety records show.
Asset recycling may look new and exciting. But it's the last gasp of a failed model
The Guardian Donald Trump wants to privatise public assets and use the profit to fund other projects. A series of disasters have killed off the model in Australia.
Trump Administration To Cities And States: “The Bigger The Thing You Privatize, The More Money We’ll Give You.”
Huffington Post Trump’s long-promised $1 trillion investment in America’s infrastructure turned out to be stealth privatization after all. His budget proposal would cut existing infrastructure programs, privatize the nation’s air traffic control system
Why Public Control of Infrastructure Matters
Wenonah Hauter and Donald Cohen,
Food and Water Watch While the Trump administration has yet to release a full infrastructure plan, all signs suggest that it will lean heavily on private capital.
Trump's Public-Private Infrastructure Vision Rejected in Texas
Bloomberg Wary of public opposition to new highway tolls, the Texas House voted on May 5 to reject a bill that would have allowed the partnerships, known as P3s, to participate in 18 highway projects costing as much as $30 billion.
State Inspector General looking into MBTA deals
Boston Herald The state’s independent Inspector General has launched a “proactive” review of at least one of the MBTA’s newly outsourced contracts, bringing the first outside scrutiny to the T’s privatization efforts.
Community unites against privatizing transportation in local school district
ABC 10 With a deficit in its budget, the Ishpeming Public School District has been looking for ways to cut the budget to leave more money for education. One idea going through the Board of Education is privatizing the busing system for the district.
Parking meters, garages took in $156M — but city won’t see a cent
Mick Dumke and Chris Fusco,
Chicago Sun-Times Chicago’s parking-meter system took in $121.7 million last year, while four underground city-owned garages reaped another $34.7 million — with not a penny of that money going to the cash-strapped city government.
Tapping Private Sector for Roads and Bridges Poses Hurdles for Trump
Mark Niquette and David Carey,
Bloomberg But even as President Trump vows to steer more private money toward improving U.S. roads, bridges and airports, familiar impediments may hinder investors. … Fund executives say they hope for more U.S. investment opportunities.
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