Synthesis of Information Related to Highway Problems. Topic 39-06. Public Sector Decision-Making in Public Private Partnerships

<strong><p class="MsoNormal" style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: center; mso-layout-grid-align: none" align="center"><span style="FONT-SIZE: 11pt; COLOR: black; LINE-HEIGHT: 150%"><font face="Times New Roman"><o:p></o:p></font></span></p><p class="MsoNormal" style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%" align="left"><span style="FONT-SIZE: 11pt; COLOR: black"><font face="Times New Roman">Public sector agencies around the country are seeking creative solutions to transportation funding. Public Private Partnerships (P3s) have the potential to provide part of this needed investment. Private investors have shown a willingness to invest heavily in new and existing transportation infrastructure, given the right incentives. Much of the information promoting P3 comes from those who will benefit directly--the construction companies, toll operators, bankers, attorneys, and their consultants. Public sector decision-makers seeking to leverage or supplement traditional sources of funding with private investment and other participation must make informed decisions. There is a shortage of balanced information available to the public and decision-makers in their deliberations on P3s. T</font></span><span style="FONT-SIZE: 11pt; COLOR: black"><font face="Times New Roman">his synthesis will examine the information available in the U.S. and internationally that is needed to properly evaluate the benefits and risks associated with allowing the private sector to have financial stakes in transportation infrastructure, and how that information can be used in the decision making process. It will also investigate the reliability of that information, and how the broader public interest can be protected, and will identify gaps in public sector expertise, experience and information. Among the information gathered to assist public decision-makers will be provisions from enabling legislation, administrative rules, and P3 agreements. <span style="mso-spacerun: yes"> </span>The consultant will identify, describe and synthesize the range of issues, and existing practice and proposed alternatives.<span style="mso-spacerun: yes">  </span>This will include evaluations and reported outcomes.<span style="mso-spacerun: yes">  </span></font></span></p></strong>

Language

  • English

Project

  • Status: Completed
  • Funding: $30000.00
  • Contract Numbers:

    Project 20-05, Topic

  • Sponsor Organizations:

    Federal Highway Administration

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

    American Association of State Highway and Transportation Officials (AASHTO)

    444 North Capitol Street, NW
    Washington, DC  United States  20001

    National Cooperative Highway Research Program

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

    Williams, Jon

  • Performing Organizations:

    Cambridge Systematics, Incorporated

    100 Cambridge Park Drive
    Suite 4000
    Cambridge, MA  United States  02140-2369
  • Principal Investigators:

    Buxbaum, Jeffrey

  • Start Date: 20071015
  • Expected Completion Date: 0
  • Actual Completion Date: 20090302
  • Source Data: RiP Project 16911

Subject/Index Terms

Filing Info

  • Accession Number: 01464569
  • Record Type: Research project
  • Source Agency: National Cooperative Highway Research Program
  • Contract Numbers: Project 20-05, Topic
  • Files: TRB, RiP, USDOT
  • Created Date: Jan 3 2013 2:45PM