The PubComp development is the brain child of Parable. It is his goal to finally breach the gap between pubbers and pros in the world of Team Fortress 2 by providing open play servers that may be made into match servers as the result of a vote. The Project began in April 2011 and has quickly gained the resorces required to undertake the task.
To see the a weekly roundup of updates, visit the PubComp Steam group
The official website is PubComp.com