TxDOT's cost savings rolled out
TxDOT recently posted a sampling of the cost savings they've achieved under the leadership of its new Executive Director, Phil Wilson.
See the achievements here.
Among the listed cost-saving achievements it shows TxDOT has reduced the size of its fleet (estimated savings $50 million/yr), switched from conventional to synthetic oil (estimated savings $1.4 million/yr), renegotiated energy contracts (estimated savings $4.5 million/yr), and refinancing its debt on the Central Texas Turnpike System (savings of $200 million over the life of the bonds).
The web post says:
These cost savings reflect the work of resolute, knowledgeable and collaborative professionals determined to solve our state’s toughest transportation challenges and be good stewards of taxpayer money.