I-73… Wrapping Up The Trip

The future work for I-73 /74 will be all about the money. Tyler Duvall was the last speaker before senators came together for an afternoon panel discussion, and Duvall's words could be like nuggets of gold. He looks pretty young, likely in his 30's, so it kind of threw me off kilter when I interviewed him because he clearly has indepth experience and wisdom when it comes to financing roads.

Duvall told me there's a ton of private money floating around out there... to the tune of $400 billion, and it's available from investors who'll put their money in roads for 50 to 60 years. It just requires the up front money from toll collections. Duvall told me that this way of funding roads is pretty new to the U. S., but it's been going on in Europe, Asia and South America for 30 years.

The group I traveled with were very encouraged by the message from Duvall, and very impressed with him. Overall, the chat was very postive about all of the meetings, and they're already starting to plan their next steps.

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