COLUMBUS, Ohio (AP) — Ohio State University is considering a proposal to privatize the utility system that heats, cools and powers more than 400 buildings on the school’s main campus in Columbus.
The Dayton Daily News reports (http://bit.ly/1OaSI8Y ) OSU would become the largest public institution in the country to privatize its utility system on such a wide scale if the plan is approved.
The university is expected to invite six of 10 semi-finalist vendors to submit detailed bids in the fall.
The proposal comes four years after trustees struck a 50-year deal to lease 35,000 on-campus parking spaces to an outside vendor for $483 million.
Robert Burns, a retired research specialist who analyzed the project for the union representing OSU utility workers, says he’s concerned that the proposal shifts risk off to future generations.
Information from: Dayton Daily News, http://www.daytondailynews.com