BRADENTON, Fla. - The Mississippi Department of Transportation yesterday announced that due to the credit crisis, it has suspended the procurement process for the state's first toll road to be built as a public-private partnership.

MDOT had already delayed receipt of proposals from three short-listed consortiums several times at their request and the latest deadline for submitting proposals was next Tuesday.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.