TheNewspaper.com: Driving Politics
Home >Police Enforcement > Taxes and Tolls > Indiana: Millions Paid for Toll Road Proposals 
Print It Email It Tweet It

4/2/2007
Indiana: Millions Paid for Toll Road Proposals
Indiana consultants collect millions on toll roads.

HDR, Ice Milelr, Goldman Sachs
Plans to construct toll roads in Indiana have generated millions for companies involved in planning the projects. On March 24, Governor Mitch Daniels formally withdrew his proposal to create a number of additional toll roads in the state, citing massive public opposition.

"The people of the affected areas have spoken clearly enough to persuade me that these ideas are, at best, premature," Daniels wrote.

The state had planned to pay the engineering firm HDR $23 million for its consulting work on the Interstate 69 toll road extension, before the plan was canceled.

The state also paid investment firm Goldman Sachs $20 million and an Indianapolis legal firm, Ice Miller, $1 million for their work in selling the Indiana Toll Road to a consortium of Australian and Spanish corporations for $3.8 billion. Commercial drivers will pay significantly more to use the Indiana Toll Road. The top rate for trucks was raised yesterday to $49.25 for a single trip, increasing the cost of goods shipped within the state.

Correction: An earlier version of the story incorrectly stated HDR had been paid $23 million. That contract was, in fact, canceled.

Source: Green light or red, consultants paid (Indianapolis Star (IN), 4/1/2007)



Permanent Link for this item
Return to Front Page


Related News
California Lawsuit Against ATS, Hertz Goes To Trial

Oklahoma Supreme Court Backs Car Tax Hike

California Judge Busts State For Interfering With Gas Tax Vote

Car Tax Vote Could Doom California State Senator

Subcontractors Shafted In Texas Toll Road Failure




View Main Topics:

Get Email Updates
Subscribe with Google
Subscribe via RSS or E-Mail

Back To Front Page


Front Page | Get Updates | Site Map | News Archive | Search | RSS Feed
TheNewspaper.com: Driving politics
TheNewspaper.com