CHICAGO — The Ohio Department of Transportation is taking bids from firms interested in advertising at its Interstate rest stops and welcome areas to help raise funds to whittle down a $1.6 billion budget hole that officials say will delay projects for years.

The advertising program is the first to be launched under the state’s new Division of Innovative Delivery, a unit ODOT created earlier this year to raise new money from existing assets and headed by a public-private partnership veteran.

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.