ISTEA opens doors for innovative transportation projects with public-private partnerships.
The article discusses how public and private partnerships can promote Intelligent Transportation Systems. Before 1991, transportation funding was limited to specific government guidelines. The Intermodal Surface Transportation Efficiency Act changed this by allowing federal funds to be used across different transportation sectors. This flexibility has benefited transit agencies and allowed for joint projects with private financing. The article suggests that new transportation projects should take advantage of these funding options to create multi-modal solutions.