Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Governor Corbett Announces PennDOT's Cost Savings, Modernization Progress





HARRISBURG, Pa., Jan. 18, 2013 /PRNewswire-USNewswire/ -- Governor Tom Corbett today announced that PennDOT has identified more than $50 million in savings through its Next Generation initiative that involves modernizing operations, expanding inter-agency efficiencies and becoming a better business partner.

"PennDOT's Next Generation efforts are focusing on using every dollar effectively and efficiently in delivering transportation products. PennDOT is doing more with less while continuing to focus on the quality of their service," Corbett said.

PennDOT's Next Generation initiative, which is outlined at www.ModernDOT.pa.gov, encompasses technology improvements, employee suggestions and private-sector innovation to evaluate and enhance business practices. Next Generation projects also include efficiencies stemming from increased coordination with other state partners, and other modernization efforts.

" Pennsylvania has a well-established need for additional transportation funding, this is critical to preserve our economy and our quality of life," Corbett said.  "As we move forward to establish new revenues it is critical that PennDOT is able to maximize every dollar possible."

One example of a Next Generation Project is the department's ePermitting system for highway occupancy permits, which moved the process online, increasing transparency and reducing the review time from an average of 45 days to 10 days. The system received a 2012 National Association of State Chief Information Officers award in the Government to Business category.

Efficiencies are also being realized through projects streamlining right of way program services as well as bridge inspection and analysis. The department anticipates $1.2 million in savings from reducing or eliminating right of way processes and regionalizing resources. An additional $540,000 in annual savings is expected through realigning workloads and enhancing resources for bridge inspections and load evaluations.

Other efficiency efforts under the initiative include sharing services with the Pennsylvania Turnpike Commission and state Department of Conservation and Natural Resources, bundling bridge projects and realizing local government savings with project delivery efficiencies.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,354.40 121.18 0.80%
NASDAQ 3,498.97 33.73 0.97%
S&P 500 1,667.47 17.00 1.03%
US 10 Yr 1.949% +0.084

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs