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Privatization goes public. (Southeastern Pennsylvania Transportation Authority gets private-sector involvement in rolling-stock acquisition and maintenance)

From: Railway Age  |  Date: 10/1/1989  |  Author: Gioe, Joseph M.

Privatization goes public

SEPTA entered into an arrangement with a Canadian builder, using funds from a private source, and came out of it with new rolling stock, a shop, and a maintenance agreement. "Time to talk `turnkey'"? was the subject of a wide-ranging article in the September issue of Railway Age which described the turnkey approach to public transit as it has evolved overseas and has now spread to North America. The following article discusses turnkey principles as applied ...

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