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Caterpillar Recall Affects Less Than 1,000 Engines

Caterpillar is not recalling 590,000 on-highway and off-road diesel engines, as reported previously. In fact, the number of engines actually recalled is just 925. The company will, however, pay a $2.55 million penalty to resolve alleged Clean Air Act violations for shipping some 590,000 engines without the correct emissions controls

OIG: Public Private Partnerships a Mixed Blessing

In a report issued in late July, the Office of Inspector General found that public-private partnerships have several financial disadvantages when compared to traditional public sector financing, but certain private sector efficiencies can meaningfully offset PPPs' cost disadvantages

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