WASHINGTON, DC – The Ohio Department of Transportation (ODOT) announced plans this week to launch the Division of Innovative Delivery, which will identify innovative and alternative funding solutions to advance the agency’s goal of developing long-term, sustainable solutions to fund future transportation construction projects. ODOT estimates nearly $200 million will be saved annually and billions more could be generated or saved by leveraging state-owned assets and exploring public-private partnerships.
In response Marcia Hale, President of Building America's Future, issued the following statement:
“We applaud ODOT’s leadership in seeking innovative solutions that will save and maximize taxpayer dollars, as well as allow the agency to invest in projects that will repair and modernize local transportation systems. In order to remain economically competitive, the U.S. needs a modern 21st century transportation system. Goods must move efficiently to market and people must reliably get from their homes to their jobs or schools.
“However, transportation-funding shortfalls are increasing at all levels of government, and traditional funding sources are no longer keeping pace with rapidly growing needs. As a result, states have increasingly looked to innovative solutions, such as partnering with the private sector where appropriate in an effort to modernize their transportation networks.
“BAF supports the U.S. Senate’s transportation legislation (MAP 21), but we have serious concerns over several provisions that would make it more difficult for states to continue to innovate and partner with the private sector. ODOT’s new division illustrates the need to protect the ability of states seeking creative solutions to transportation funding challenges, rather than creating roadblocks to leverage state dollars with private investment.”
Building America's Future Educational Fund (BAF-EF) recently released a new report - "Falling Apart and Falling Behind" - comparing the transportation infrastructure investments in the U.S. with those being made by our economic competitors. The report includes a series of recommendations to policymakers; chief among them is to develop a national infrastructure strategy for the next decade that makes choices based on economics, not politics. For the full report and more information, please visit www.BAFuture.org/Report.
View ODOT’s press release: http://www.dot.state.oh.us/news/Pages/Innovative-Delivery-Office.aspx.
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Media Contact: Laura Braden, 615-891-8433, laura AT bradenstrategies.com