policy change

Texas commission adopts hostile policy on toll concessions


Texas Transportation Commission (TTC) adopted a hostile policy to toll concessions at their monthly meeting today. The state's policymaking body unanimously passed a Minute Order (111358 May 29 2008) of Guiding Principles for Toll Projects and the Trans-Texas Corridor which contains a complete prohibition on non-compete clauses in toll concession projects, generally termed Comprehensive Development Agreements or CDAs in Texas.

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