Financing High Speed Rail in the U.S. and France: The Evolution of Public-Private Partnerships
What specific partnership arrangements have public and private entities proposed and utilized for financing high speed rail in the U.S. and France? Have any of these partnerships allowed intercity passenger high speed rail to be constructed and operated at a profit? How can French and/or U.S. financing arrangements be applied usefully to improve intercity passenger rail in Region 2? This proposal builds upon and extends the boundaries of the University Transportation Research Center (UTRC) Minigrant research that began in September, 2011 and ends in September, 2012. The purpose of this research is to "analyze historical and contemporary cases of high speed rail in France and the United States" in order to develop information for improving to intercity passenger rail in Region II. To date the research has compared the proposed high speed rail line between Los Angeles and San Francisco, California, and the newest French line between Tours and Bordeaux, where construction began in early 2012 under an unprecedented performance-risk-based public-private partnership. The Minigrant did not afford sufficient time to compare additional lines in the U.S. and France because each line, or case, involves a complex financial history and political context. In fact, this research project is still learning more about both the California and Tours-Bordeaux projects. It is proposed to spend 2012- 2013 finishing the work on California and Tours-Bordeaux; adding new U.S. and French cases; and writing reports and articles that provide a comprehensive comparative analysis of the financial history of high speed rail in the U.S. and France.
- Record URL:
Language
- English
Project
- Status: Completed
- Funding: $12930.00
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Contract Numbers:
49997-59 -24
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Sponsor Organizations:
University Transportation Research Center
City College of New York
Marshak Hall, Suite 910, 160 Convent Avenue
New York, NY United States 10031 -
Project Managers:
Eickemeyer, Penny
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Performing Organizations:
John Jay College of Criminal Justice - CUNY
899 Tenth Avenue
New York, NY United States 10019 -
Principal Investigators:
Cohen, Dr. James
- Start Date: 20121001
- Expected Completion Date: 0
- Actual Completion Date: 20140331
- Source Data: RiP Project 33357
Subject/Index Terms
- TRT Terms: Financing; High speed rail; Intercity transportation; Profits; Public private partnerships
- Geographic Terms: France; United States
- Subject Areas: Finance; Railroads;
Filing Info
- Accession Number: 01494798
- Record Type: Research project
- Source Agency: University Transportation Research Center
- Contract Numbers: 49997-59 -24
- Files: UTC, RIP
- Created Date: Oct 1 2013 2:47AM