CHICAGO

Owned by: A (future) consortium of telecommunications companies.

Serves: City government, schools, hospitals and other community organizations,

as well as businesses and individuals.

Funded by: A public/private partnership. In a "shopping mall" arrangement,

a contractor pays for build-out and the city, as the anchor tenant, guarantees

a certain yearly income. Other potential "renters" pay monthly service charges

to use the network.

Status: A request for proposal will be issued this spring, with construction

to begin at the end of year.

Etc.: In a tight economy, the contractor may find it hard to get enough

money to build the infrastructure. To avoid delays, the city is looking

at raising part of the money through a revenue bond. The city's earmarked

$25 million would then be split — half going to pay back the bond and half

to guarantee the contractor a yearly return. This alternative funding model

could cut construction time from 10 years to five years.

Featured

  • Federal 100 Awards
    Federal 100 logo

    Nominations for the 2021 Fed 100 are now being accepted

    The deadline for submissions is Dec. 31.

  • Government Innovation Awards
    Government Innovation Awards - https://governmentinnovationawards.com

    Congratulations to the 2020 Rising Stars

    These early-career leaders already are having an outsized impact on government IT.

Stay Connected