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Lining up at the turnpike gates | TribLIVE.com
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Lining up at the turnpike gates

Jim Ritchie
| Saturday, December 23, 2006 12:00 a.m

The Pennsylvania Turnpike Commission is interested in leasing the 360-mile turnpike it now runs.

The commission’s submission was among 48 letters received by the state Department of Transportation by the deadline Friday. The commission’s letter was not anticipated.

“We have submitted an expression of interest that outlines our recommendations on how we could help close the gap that exists in highway and mass-transit funding in Pennsylvania,” said Carl DeFebo, a Turnpike Commission spokesman.

Yesterday was the deadline set by Gov. Ed Rendell for companies to submit the letters of interest. Leasing the turnpike is viewed as a way to pay for shortfalls in highway, bridge and mass-transit spending.

Before he became governor, Rendell was employed by the law firm Ballard Spahr Andrews & Ingersoll LLP, which submitted a letter.

PennDOT spokesman Rich Kirkpatrick would not comment on the content of the letters but said officials would review them.

“This was an open call for expressions of interest to assist the commonwealth in pursuit of the concept of leasing the turnpike,” he said. “Any entity was free to submit information.”

Submitting letters were:

&#149 Abertis, Alexandria, Va.

&#149 Allen & Overy, New York City

&#149 Ballard Spahr Andrews & Ingersoll LLP, Washington, D.C.

&#149 Banc of America Securities LLC, New York City

&#149 Bear, Stearns & Co. Inc, New York City

&#149 Borealis Infrastructure, Toronto

&#149 Cabrera Capital Markets Inc., Chicago

&#149 Cash-Ware Inc., Monroeville

&#149 Chapman and Cutler, Chicago

&#149 Cintra Developments LLC, Austin, Texas

&#149 Credit Suisse Securities (USA), New York City

&#149 Deloitte Consulting LLP, Harrisburg

&#149 FFC Construction S.A., Spain

&#149 First Southwest Co., Houston, Texas

&#149 Fluor Enterprises Inc., Arlington, Va.

&#149 Goldman, Sachs & Co., New York City, and AIG Financial Products Co., Wilton, Conn.

&#149 Global Capital Finance, Purchase, N.Y.

&#149 HDR Engineering Inc., Pittsburgh

&#149 HH Capital Advisors LLC (The Herrick Co. Inc.), Cedar Knolls, N.Y.

&#149 Halcrow Inc., Herndon, Va.

&#149 ING Group, New York City

&#149 Infrastructure Management Group, Bethesda, Md.

&#149= IRIDIUM Concesiones de Infraestructuras S.A., Spain

&#149 J.P. Morgan Investments Management, New York City

&#149 J.P. Morgan Securities Inc., New York City

&#149 KPMG Corporate Finance, Austin, Texas

&#149 Lazard Freres & Co., LLC, New York City

&#149 Lehman Brothers, Philadelphia

&#149 Macquarie Securities (USA) Inc., New York City

&#149 Mayer, Brown, Rowe & Maw, Chicago

&#149 Merrilll Lynch, New York City

&#149 Michael Baker Corp., Moon

&#149 Morgan Stanley, New York City

&#149 National Economic Research Associates Inc, Philadelphia

&#149 Navigant Consulting, Pittsburgh

&#149 Nossaman, Guthner, Knox & Elliott LLP, Los Angeles

&#149 Parsons Brinckerhoff, New York City

&#149 PBS&J, Coraopolis

&#149 Pennsylvania Turnpike Commission, Harrisburg

&#149 Ramirez & Co., New York City

&#149 Rand Corp., Santa Monica, Calif.

&#149 RBC Capital Markets, St. Petersburg, Fla.

&#149 RREEF America LLC, New York City

&#149 The Carlyle Group, New York City

&#149 Transurban (USA) Development Inc., New York City

&#149 UBS Investment Bank, New York City

&#149 Vantage Point Associates Inc., Norwalk, Conn., and The Public Private Strategy Group, Philadelphia

&#149 Wachovia Capital Markets LLC, Charlotte, N.C.

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