Sluggish economy hinders turnpike-leasing plan
Source: By Paul Nussbaum, Philadelphia Inquirer (PA), Fri, May. 2, 2008
Turbulent financial markets have hampered prospective bidders for the Pennsylvania Turnpike, prompting the Rendell administration to extend the bidding period for several weeks.
The field of potential bidders for the turnpike has shrunk from 14 teams to about five, Roy Kienitz, deputy chief of staff to Rendell, said yesterday. So far, none has submitted a bid.