WASHINGTON — Virginia is reviewing its public-private partnership program to ensure the state can most efficiently leverage private funds as its transportation revenues have dwindled amid the economic recession.

Gov. Robert F. McDonnell on Wednesday released an audit report he had called for to analyze the state’s Public-Private Transportation Act of 1995. The audit conducted by KPMG Infrastructure Advisory Group —  the first of three assessments to overhaul the state’s P3 program — recommends the state open an independent office for P3 projects to make sure that projects are prioritized appropriately.

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