Capital Area Transit looks to P3 for new headquarters
Capital Area Transit is pursuing a public-private partnership, or P3, as a means to finance a new transportation center that would serve as its bus maintenance and operational offices.
CAT, which provides bus services to Dauphin and Cumberland counties, is considering a P3 proposal from Fine Lines Development Services to build a new transportation center, the authority said in a statement yesterday.
“A P3 project is basically a contractual agreement between a public and private entity that transfers responsibility for a transportation facility’s engineering, construction, operation and/or maintenance to the private sector for a defined period of time,” said Eric Bugaile, CAT’s board chairman.
CAT could submit the proposal to PennDOT for approval from the P3 board by the May 31 deadline. PennDOT called for unsolicited P3 projects last week.
Replacing CAT’s aging operations center on Cameron Street in Harrisburg has been a priority for some time. The facility is nearly 110 years old and was first built to support Harrisburg’s trolley system.