Steve Braun says Inquidia Consulting was uniquely qualified to help create the state’s groundbreaking “Demand Driven Workforce System,” which will influence how millions of dollars in training and education money is spent.
The debt-ridden private company running the Indiana Toll Road intends to transfer its operations to a new entity under a bankruptcy filing planned for Monday.
New approaches to privatization have forced officials in Indiana and Illinois to rethink their funding plans for the 47-mile Illiana Expressway.
Lawyers representing Indiana asked an appeals court Monday to refund much of the money the state has paid IBM for a failed welfare privatization effort, but the company countered it's actually entitled to even more.
Judges on the state Court of Appeals are deciding whether a lower court was right in awarding $52 million to IBM over a failed welfare privatization project.
Hoosier Lottery officials on Friday signed a 15-year contract with private manager GTECH Indiana, which promised to return $1.76 billion to state coffers over the next five years.
Indiana University leaders said they aren't certain about moving ahead with a proposal to seek a multimillion-dollar payout by turning over parking facilities on the Bloomington and Indianapolis campuses to a private operator.
A petition drive is circulating among IU employees who oppose the idea of leasing the university's Bloomington and Indianapolis parking operations to a private operator.
Indiana University is about two weeks away from issuing a request for proposals on a lease that would last 30 to 50 years, Chief Financial Officer Neil Theobald said. A similar deal at The Ohio State University generated $483 million.
Gov. Mitch Daniels on Wednesday marked the 5-year anniversary of the $3.8 billion lease. He said the state is insulated from any financial problems under the deal it crafted even though an investor group is in danger of defaulting.
Indy Parks & Recreation officials on Monday issued a request for proposals from entities interested in leasing the Riverside Marina facility near 30th Street and White River Parkway.
In the spring, Mayor Greg Ballard introduced a plan to sell the city’s water and sewer utilities to Citizens Energy Group, the public charitable trust that owns Citizens Gas. About six months later, he rolled out a deal to lease the city’s parking meters to a private operator.
T2 Systems Inc., which makes software to manage the enforcement of parking violations and the collection of fines, is hopeful it can continue providing the service under a new parking-meter manager.
City-County Council members voted 15-14 Monday night to clear the way for Indianapolis to lease its parking meters to a private firm, a move proponents say will upgrade the system even as it generates revenue for infrastructure improvements.
Indianapolis' City-County Council could vote Monday night on its proposed 50-year agreement with Xerox Co.’s Affiliated Computer Services, which was revised after public outcry over the original proposal.
The revised plan calls for less money up front, more over the life of the contract and more flexibility to terminate the 50-year deal early.
Playing a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says. Citizens plans to make job offers to "substantially all" Veolia employees.
City would reap more cash in the long run and get more flexibility to alter the deal if necessary, but the controversial 50-year term of the contract remains.
City leaders argue the termination fee would be paid only if the city breaks the 50-year agreement after the City-County Council signs off on the deal, not if the contract doesn’t win approval.
A proposal to lease the city’s parking meters for 50 years would require the vendor to bring 200 jobs to Indianapolis for at least seven years. The salaries and benefits would range from $16,000 to $95,000 a year.
