MassDOT announced today that the panel charged with exploring Public Private Partnerships to fund certain transportation infrastructure projects will hold its first public meeting Wednesday, May 29.
The new commission created by the legislature as part of Transportation Reform in 2009 is responsible for reviewing and recommending public-private partnership opportunities for transportation infrastructure projects. Public Private Partnerships have been used across the world as an alternative way of procuring and financing projects that would otherwise require taxpayer funding.
“Public Private Partnerships can be a powerful tool for the Commonwealth to work with the private sector to meet our transportation needs,” said Transportation Secretary Richard Davey. “We look forward to working with this distinguished group of experts to develop a strategy for unlocking the potential of private transportation financing while ensuring that the public receives the maximum possible benefit from these collaborative endeavors.”
Chaired by veteran transportation expert Alan Macdonald, the panel also includes former Congressman John Olver, Massachusetts Organization of State Engineers & Scientists President Joseph Dorant, Radcliffe Institute senior project advisor David Luberoff, Valmo Ventures Chair & CEO Valerie Mosley, 495/MetroWest Partnership Deputy Director Jessica Strunkin, and former Boston Transportation Commissioner John Vitagliano.
Interested parties can attend the Commission’s first public meeting on Wednesday, May 29, 2 p.m., 10 Park Plaza, Boston, 3rd floor.