Competitive Tendering: A Solution For Metro's Cost Overruns

The problems faced by the D.C. area Metro could be solved by using a system that has been successful in major cities around the world.

"Perhaps the most promising solution to Metro's cost overruns is "competitive tendering," a system by which private companies compete for the right to provide service at lower subsidies...Some of the world's largest transit systems have converted to competitive tendering. It started with London's famous red bus system...Significant savings also have been achieved in the United States through competitive tendering in San Diego, Denver, Los Angeles, San Francisco and Las Vegas."

Thanks to Wendell Cox

Full Story: Better Money Management at Metro . . .

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Woman wearing city map tote bag

City Shoulder Totes - New Cities Added!

Durable CityFabric© shoulder tote bags available from 9 different cities.
$22.00
T-shirt with map of Chicago

Show your city pride

Men's Ultrasoft CityFabric© tees. Six cities available.
$23.00