Public Transportation Resource for Small- and Medium-Sized P3 Initiatives

The USDOT defines public-private partnerships (P3s) as “contractual agreements formed between a public agency and a private sector entity that allow for greater private sector participation in the delivery and financing of transportation projects.” These arrangements may involve a government agency contracting or working collaboratively with a private entity to renovate, construct, operate, maintain, finance, or manage a facility or system. While research has been conducted to identify examples of P3 initiatives and why they may or may not be applicable for public transportation, such research is limited because the examples tend to be for large-scale P3 initiatives. Little information has been gathered to describe small- and medium-sized P3 initiatives associated with public transportation or to offer best practices for identifying, planning, and implementing such efforts. Information is also needed on the factors that appear to support success and the challenges and barriers that may be encountered for small- and medium-sized P3 initiatives. R The objective of this research is to prepare a resource for public transportation providers in the United States to better understand, evaluate, initiate, plan, and implement small- and medium-sized P3 initiatives. The resource should address why and when to consider P3s for small- and medium-sized initiatives, what types of initiatives may be undertaken, and how to effectively undertake these initiatives.

• Record URL:
  http://apps.trb.org/cmsfeed/TRBNetProjectDisplay.asp?ProjectID=3928

Language

• English

Project

• Status: Completed
• Funding: $150000
• Contract Numbers:

  Project G-15

• Sponsor Organizations:

  Federal Transit Administration

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590

  Transit Cooperative Research Program

  Transportation Research Board
  500 Fifth Street, NW
  Washington, DC    20001
• Project Managers:

  Schwager, Dianne

• Principal Investigators:

  Macek, Nathan

• Start Date: 20150925
• Expected Completion Date: 20160924
• Actual Completion Date: 20160924
• Source Data: RiP Project 38984

Subject/Index Terms

• TRT Terms: Best practices; Case studies; Communities; Design build; Handbooks; Investments; Public private partnerships; Public transit; Transportation planning
• Subject Areas: Finance; Planning and Forecasting; Public Transportation;

Filing Info

• Accession Number: 01551876
• Record Type: Research project
• Source Agency: Transportation Research Board
• Contract Numbers: Project G-15
• Files: TRB, RIP
• Created Date: Jan 28 2015 1:00AM