05-02-2017 12:13 via wbrz.com

DOTD seeking private investors to help upgrade Interstate 10

BATON ROUGE - Louisiana is seeking to use a new financing method to upgrade Interstate 10 in the Baton Rouge area.The state Department of Transportation and Development is soliciting information from private investors willing to put up money for the roadwork. In exchange, they would get long-term payments from the state, either through tolls or some other revenue source.The arrangement is known as a public-private partnership. DOTD says it's the first time Louisiana has considered it for road or
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