This article discusses $3.5 million in fees the City of Chicago accrued from consultants, financial advisors and attorneys while reviewing two bids to privatize Midway Airport. Mayor Rahm Emanuel halted the deal after one of the two…
The long-term lease of assets by the City of Chicago is one of the most significant financial undertakings by the City in recent years. These groundbreaking transactions have received national attention and been examined by other…
Managed competition is a form of alternative service delivery or public-private partnership (P3) that requires in-house service units of a government to compete with external providers under a controlled or managed process. It involves…
Managed competition is a form of alternative service delivery that requires in-house service units of a government to compete with external providers under a controlled or managed process. The purpose of this issue brief is to describe…
Mayor Rahm Emanuel announced proposed changes to Chicago’s parking meter lease agreement April 29, including a…
This article examines the Chicago Infrastructure Trust, introduced by Mayor Emanuel in March 2012 to attract private sector funds to rebuild the City of Chicago’s aging infrastructure. It cites the…