Saturday, May 16, 2015

Another public-private partnership ripoff

Right on the heels of the "monumental debacle" Silver Spring Transit Center public-private partnership comes the MUCH BIGGER Purple Line public-private partnership.

Purple Line: It's not the cost, it's the country club - Greater Greater Washington

68% of the WHOPPING $2.4 BILLION projected cost for the Purple Line are federal funds! MD chips in 20%, 8% from Montgomery & Prince George's Counties combined, and private funding makes up the rest at 3% of the total.

Federal funding is 53% of the total for the "monumental debacle" public-private partnership Silver Spring Transit Center. The federal dollars wasted on that lemon look like a bargain when compared to the projected $1.629 BILLION that federal taxpayers will be on the hook for with the public-private partnership Purple Line.  (The projected cost for the lemon Silver Spring Transit Center was $20 million ten years ago. Today the cost for the SSTC stands at $141+ million, and it hasn't opened to the public yet!) 


Noncompetitive contracting practices that result in a defective transit center or light rail line, with costs and schedule that are grossly inflated, don’t advance the cause for transit any more than $640 toilet seats, $7,600 coffee makers and $436 hammers advance the cause for national defense.


Wise up, taxpayers! Tell MD Gov. Hogan to make good on his campaign promise to kill the public-private partnership Purple Line NOW!






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