Former mayor Richard Daley is leading a new company designed to help cities save money on investments in infrastructure.
It’s called “The Sustainability Exchange.” His investment firm, “Tur Partners,” launched the business. T.S.E. will give cities that participate a free analysis of their assets and potential projects, and will alert vendors when a city is planning a request for a proposal.
Daley says the company is looking at energy efficiency, water treatment, waste management, and transportation.
Five cities have already signed up to join.