Corrupt Consutants Used to Estimate Toll Revenues
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Forum Name: HOT Lanes Discussion
Forum Description: Post messages regarding High Occupancy Toll (HOT) lanes here.
URL: http://www.slug-lines.com/forum/forum_posts.asp?TID=2766
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Topic: Corrupt Consutants Used to Estimate Toll Revenues
Posted By: Bob
Subject: Corrupt Consutants Used to Estimate Toll Revenues
Date Posted: 08 Jun 2006 at 3:31pm
Wow. Consultants are intentionally over-estimating revenue projections for toll road projects across the country. And who picks up the tab when the revenue isn't generated? Taxpayers.
I attended the 95 HOT meetings, and I can tell you that they really have no way of knowing how much revenue will be generated. This in an environment ripe for corruption as the article documents.
http://www.denverpost.com/news/ci_3871773
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Replies:
Posted By: SpongeBob
Date Posted: 08 Jun 2006 at 4:09pm
Hey, Dog Bites Man, what a surprise. Tollers shop around the "consultants" until they get revenue projections that fit their needs.
Unfortunately for us, the level of traffic on 95/395 is so huge that their projections won't need to be inflated to secure bonds for our Tool Road.
In fact, the estimates will be low, because Fluor/Transurban cannot publish a study with the true eventual rates of >$30 one way from F'burg.
If those projected rates from the MWCOG ever get in a front page article in the Post, the Limo Lanes argument is back in play.
Bob, we all appreciate you keeping an eye on that bubbling HOT pot for us!
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