The state has begun discussions with an Illinois-based company about potential management and operation of the Hoosier State Line. The Indiana Department of Transportation selected Corridor Capital LLC from a group of four developers that submitted proposals last month. The two sides will work to develop what INDOT calls a “scope and funding commitment” for future service between Indianapolis and Chicago. June 30, 2014
INDIANAPOLIS, Ind. – The Indiana Department of Transportation and its community partners are beginning discussions about future options for the Hoosier State passenger rail service between Indianapolis and Chicago.
INDOT and local representatives completed their review of the four competing proposals submitted in April and selected Corridor Capital LLC as the highest-scoring proposer. Discussions between INDOT and the communities will work to develop consensus on a scope and funding commitment for future service so that a draft contract may be publicized and circulated for approval.
Congress ended federal support for certain Amtrak routes of less than 750 miles effective October 2013. Governor Mike Pence reached an agreement with communities along the Hoosier State route – Indianapolis, Crawfordsville, Rensselaer, Lafayette, West Lafayette, Tippecanoe County and Beech Grove – to jointly fund the service for one year. INDOT’s contracts with Amtrak and the communities may be extended an additional four months and may be viewed at www.in.gov/indot/3200.htm.
June 30, 2014
CHICAGO, Ill. – The Indiana Department of Transportation on June 24, 2014 selected Corridor Capital as its preferred vendor to manage and operate the current Amtrak Hoosier State route between Indianapolis and Chicago. Indiana DOT and Corridor Capital are now in discussions towards an agreement for a change over in operations commencing October 1, 2014.
Source: Corridor Capital LLC