Why Didn't *I* Bid on Texas Toll Roads? I might be RICH NOW!! Even Losers Get PaidSomervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas


 

Why Didn't *I* Bid on Texas Toll Roads? I might be RICH NOW!! Even Losers Get Paid
 


26 June 2007 at 12:37:11 PM
salon

I know I wrote about this before, bears repeating. TxDOT, which is building toll roads because they say they don't have the money to build, um, PUBLIC roads, PAYS off the companies that have losing bids.

In Texas, even losing bidders on toll roads get paid.

Unsuccessful bidders have received $4.1 million since 2002 for intellectual property, Texas Department of Transportation records show. The state began making payments several years ago so that private companies would compete more vigorously for toll projects.

"It's not a consolation prize," agency spokeswoman Gabriela Garcia said. "We're not just paying for paper. We take their proposals and, even though they're an unsuccessful proposer, we use pieces of it and incorporate those ideas into the final product."

The Texas Transportation Commission could pay as much as $2.25 million to three companies that bid on the Texas 121 toll road project in Denton and Collin counties.

Something tells me this article is coming out because TxDOT is preparing to stiff NTTA in favor of Cintra for 121. I keep reading these articles that say, basically, Yeah, NTTA thinks they have the contract, but TXDot gets the last word.


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