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FOR IMMEDIATE RELEASE
CONNECTOR
2000 ASSOCIATION SEEKS FIRM TO
PREPARE INVESTMENT GRADE TRAFFIC AND
REVENUE STUDY
GREENVILLE, SC - May 7, 2008 - The
Board of Directors of Connector 2000
Association, Inc., invited select
organizations to submit
qualifications to prepare an
investment grade traffic and revenue
study. The “Study” will forecast
traffic usage, revenues, and
elasticities under a variety of
scenarios over a minimum of a
50-year period and leverage the
efforts of previous consultants’
work.
“The Connector 2000 Association, its
consultants and the South Carolina
Department of Transportation will
use the information put forth in the
Study in connection with the
possible restructuring of its bond
indebtedness and/or the possible
transfer of a concession by the
Association for the operation of the
Southern Connector,” said Peter
Femia executive vice president/general manager of the Connector
2000 Association
The deadline for proposals is May
21st and the Association expects to
make a decision by June 5th,
although the timetable is subject to
change.
The 16-mile Southern Connector was
opened in 2001, eight and a half
months ahead of schedule and under
budget. The road was built with
private money through a unique
public-private partnership. No tax
money was used for construction of
the road. The Southern Connector has
been an important component of the
growth and development taking place
in Southern Greenville County, and
it is providing an attractive
alternate route to many motorists
and truckers seeking to avoid
congestion on Interstate Highways 85
and 385. The Connector has enjoyed
strong traffic and revenue growth
since its opening in 2001.
For more information, contact: Tim
Brett (864) 239-0616 |
tbrett@brettcomm.com |
