Roads, bridges, and other infrastructure in Michigan are in pretty bad shape. Michigan does not have the money to tackle some of the biggest projects.
Increasingly, transportation officials are turning to the private sector for help. These public-private partnerships (P3s) are seen as a way to make improvements more efficiently. The real question, though, is whether they really are more efficient or whether they end up costing taxpayers more?
Robert Puentes, president and CEO of the Eno Center for Transportation, joined Stateside today to bring context to that question.
Listen to the full interview with host Lester Graham above, or read a transcript of the beginning of the conversation below.
LESTER GRAHAM: These public-private partnerships that come to mind, such as the Gordie Howe Bridge that’s to span the Detroit River, linking Canada and the U.S. and several sections of I-75 in Oakland County.
How do these P3s generally work?