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Abstract

In 1989, Virginia''s State Corporation Commission (SCC) was reviewing an application from a group of private investors for a license to build a 14- mile extension of the state-owned Dulles Toll Road as a privately owned facility. Under Virginia law the SCC had to determine that the private proposal was cheaper than the public alternative before granting permission, and the Virginia Department of Transportation was arguing that it could build an operate the project for less. This case can be used to discuss comparisons of public and private costs

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Abstract

In 1989, Virginia''s State Corporation Commission (SCC) was reviewing an application from a group of private investors for a license to build a 14- mile extension of the state-owned Dulles Toll Road as a privately owned facility. Under Virginia law the SCC had to determine that the private proposal was cheaper than the public alternative before granting permission, and the Virginia Department of Transportation was arguing that it could build an operate the project for less. This case can be used to discuss comparisons of public and private costs

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