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I submit I was suggesting some blackmail: if local funding is not only lined up but its spending has begun, with a $10 billion project, national prestige and pressure from construction companies might move an opposed federal authority to dole out the money.

Also, forgot to comment this from Montereyan:

Private companies have shown interest in making up the last $10 billion, but don't want to be contributing any more than 25-30% of project costs. And of course it's not yet clear what exactly they're going to want in return.

Yeah right. I am extremely wary of Public-Private Partnerships (PPP).

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Thu Sep 4th, 2008 at 02:55:55 AM EST
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