Download or read book Public private Partnerships and Their Role in a Possible National Highway Program written by Council of Deputy Ministers Responsible for Transportation and Highway Safety (Canada). Federal-Provincial-Territorial Working Group on Public-Private Partnerships and published by . This book was released on 1999 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public private Partnerships and Their Role in a Possible National Highway Program written by and published by . This book was released on 1999 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public private Partnerships written by Leslie R. Kellerman and published by Nova Science Publishers. This book was released on 2009 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growing demands on the transportation system and constraints on public resources have led to calls for more private sector involvement in the provision of highway and transit infrastructure through what are known as "public-private partnerships" (PPPs). A PPP, broadly defined, is any arrangement whereby the private sector assumes more responsibility than is traditional for infrastructure planning, financing, design, construction, operation, and maintenance. This book describes the wide variety of public-private partnerships in highways and transit, but focuses on the two types of highway PPPs that are generating the most debate: the leasing by the public sector to the private sector of existing infrastructure; and the building, leasing, and owning of new infrastructure by private entities. PPP proponents argue that, in addition to being the best hope for injecting additional resources into the surface freight and passenger transportation systems for upkeep and expansion, private sector involvement potentially reduces costs, project delivery time, and public sector risk, and may also improve project selection and project quality. Detractors, on the other hand, argue that the potential for PPPs is limited, and that, unless carefully regulated, PPPs will disrupt the operation of the surface transportation network, increase driving and other costs for the travelling public, and subvert the public planning process. Some of the specific issues raised in highway operation and costs include the effects of PPPs on trucking, low-income households, and traffic diversion. Issues raised in transportation planning include non-compete provisions in PPP agreements, unsolicited proposals, lease duration, and foreign control of transportation assets. On the question of new resources, the evidence suggests that there is significant private funding available for investment in surface transportation infrastructure, but that it is unlikely to amount to more than 10% of the ongoing needs of highways over the next 20 years or so, if that, and probably a much smaller share of transit needs. With competing demands for public funds, there is also a concern that private funding will substitute for public resources with no net gain in transportation infrastructure. The effect of PPPs on the planning and operation of the transportation system is a more open question because of the numerous forms they can take, and because they are dependent on the detailed agreements negotiated between the public and private partners. For this reason, some have suggested that the federal government needs to more systematically identify and evaluate the public interest, particularly the national public interest, in projects that employ a PPP. Three broad policy options Congress might consider in how to deal with PPPs in federal transportation programs and regulations are discussed in this book. The first option is to continue with the current policy of incremental changes and experimentation in program incentives and regulation. Second is to actively encourage PPPs with program incentives, but with relatively tight regulatory controls. Third is to aggressively encourage the use of PPPs through program incentives and limited, if any, regulation.
Download or read book Highway Public Private Partnerships written by JayEtta Z. Hecker and published by DIANE Publishing. This book was released on 2009-03 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: The private sector is increasingly involved in financing and operating highway facilities under long-term concession agreements. In some cases, this involves new facilities; in other cases, firms operate and maintain an existing facility for a period of time in exchange for an up-front payment to the public sector and the right to collect tolls over the term of the agreement. In Feb. 2008 there was a report on: (1) the benefits, costs, and trade-offs of highway public-private partnerships (HPPP); (2) how public officials have identified and acted to protect the public interest in these arrangements; and (3) the fed. role in HPPP and potential changes in this role. This Congressional testimony on this report highlights a discussion of tax issues. Includes recomm.
Download or read book Mastering the Risky Business of Public Private Partnerships in Infrastructure written by Manal Fouad and published by International Monetary Fund. This book was released on 2021-05-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.
Download or read book Public Private Partnerships for Highway Infrastructure Capitalizing on International Experience written by U. S. Transportation and published by CreateSpace. This book was released on 2012-12-11 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive highway public-private partnership (PPP) programs are relatively new to the United States and not widely used. Limited highway funds, unmet needs for new highway capacity, interest from private investors, and other factors have led to substantial discussion of PPP projects and programs at the State and Federal levels and implementation of projects in a few leading States. In contrast, some countries have extensive and, in some cases, long-term experience with infrastructure PPPs, particularly highways. This presents a unique opportunity to capitalize on the knowledge and experience gained in the international community, where tested policies and practices are in place. A desk study was completed to identify the countries with the most potential to provide relevant and current information on PPPs. Subsequently, a team of nine professional representing government, private industry, and academe visited Australia, Portugal, Spain, and the United Kingdom in June 2008 to collect and evaluate information about PPP programs and projects for highway infrastructure. The team met with representatives of the public and private sectors involved in PPP arrangements. The Federal Highway Administration (FHWA) and the American Association of State Highway and Transportation Officials (AASHTO) jointly sponsored this scan through the National Cooperative Highway Research Program (NCHRP).
Download or read book Public private Partnerships for Highway Infrastructure written by Janice Weingart Brown and published by . This book was released on 2009 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Public-private partnership (PPP) programs for highway infrastructure are not widely used in the United States. The Federal Highway Administration, American Association of State Highway and Transportation Officials, and National Cooperative Highway Research Program sponsored a scanning study to collect information about PPP programs for highway infrastructure in Australia, Portugal, Spain, and the United Kingdom, where PPP experience is more extensive. The scan team learned that PPPs are an effective strategy for delivering highway projects, and they are service arrangements as much as financial ones. The team observed that potential PPP projects must be analyzed and structured thoughtfully to preserve public interests and that managing the partnership over the life of the contract is critical to providing the services expected. Team recommendations for U.S. implementation include convening workshops, developing training guidelines, establishing an expert task group, developing a research strategy, and publishing principles and guideline documents on PPP topics."--Technical report documentation p.
Download or read book Highway Public private Partnerships written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-20 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is at a critical juncture in addressing the demands on its transportation system, including highway infrastructure. State and local governments are looking for alternatives, including increased private sector participation. GAO was asked to review (1) the benefits, costs, and trade-offs of public-private partnerships; (2) how public officials have identified and acted to protect the public interest in these arrangements; and (3) the federal role in public-private partnerships and potential changes in this role. GAO reviewed federal legislation, interviewed federal, state, and other officials, and reviewed the experience of Australia, Canada, and Spain. GAO's work focused on highway-related public-private partnerships and did not review all forms of public-private partnerships. Congress should consider directing the Secretary of Transportation, in consultation with Congress and other stakeholders, to develop objective criteria for identifying potential national public interests in highway public-private partnerships. The Department of Transportation raised concerns and disagreed with several of the findings and conclusions, as well asThe United States is at a critical juncture in addressing the demands on its transportation system, including highway infrastructure. State and local governments are looking for alternatives, including increased private sector participation. GAO was asked to review (1) the benefits, costs, and trade-offs of public-private partnerships; (2) how public officials have identified and acted to protect the public interest in these arrangements; and (3) the federal role in public-private partnerships and potential changes in this role. GAO reviewed federal legislation, interviewed federal, state, and other officials, and reviewed the experience of Australia, Canada, and Spain. GAO's work focused on highway-related public-private partnerships and did not review all forms of public-private partnerships.
Download or read book Handbook on Public Private Partnerships in Transportation Vol II written by Simon Hakim and published by Springer Nature. This book was released on 2022-07-30 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Second in a two-volume set, this book discusses the role of public-private partnerships (PPPs) in global transportation infrastructure, specifically focusing on roads, bridges, and parking. To provide vital services in an era of shrinking government budgets, public-private partnerships have become an increasingly important part of travel infrastructure worldwide. This book describes and analyses the structure of various models of PPPs in several countries, evaluating their effectiveness, and drawing policy implications for future use. The chapters were written by leading international researchers and practitioners in the transportation field where each chapter is a case study on the adoption, implementation, and outcome of transportation services. Taken together, these diverse case studies provide an integrated framework for evaluating, using PPPs, and suggesting policy implications to both the public and the private sectors in transportation. Providing rigorous empirical analysis of PPPs in transportation, this volume will be of interest to researchers in public administration, political science, public choice, and economics as well as practitioners and policymakers involved in establishing and monitoring PPPs in transportation.
Download or read book Public private partnerships written by United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Highways and Transit and published by . This book was released on 2007 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Sector Decision Making for Public private Partnerships written by Jeffrey N. Buxbaum and published by Transportation Research Board. This book was released on 2009 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: "TRB's National Cooperative Highway Research Program (NCHRP) Synthesis 391: Public Sector Decision Making for Public-Private Partnerships examines information designed to evaluate the benefits and risks associated with allowing the private sector to have a greater role in financing and developing highway infrastructure"--Publisher's description.
Download or read book Facilitating Partnerships in Transportation Research written by Barbara T. Harder and published by Transportation Research Board. This book was released on 2003 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Transportation Research Board's National Cooperative Highway Research Program (NCHRP) Synthesis 312: Facilitating Partnerships in Transportation Research examines key factors facilitating transportation research partnerships, and presents approaches for producing synergies beneficial to research programs.
Download or read book Highway Public private Partnerships written by United States. Government Accountability Office and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Overview of Public private Partnerships in Highway and Transit Projects 113 57 March 5 2014 written by United States. Congress. House. Committee on Transportation and Infrastructure. Panel on Public-Private Partnerships and published by . This book was released on 2014 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Returning to user Pays written by Sri Mani and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Using Public private Partnerships to Carry Out Highway Projects written by Alan Van der Hilst and published by . This book was released on 2012 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some observers assert that an alternative approach, using a public-private partnership, could increase the money available for highway projects and complete the work more quickly or at a lower cost than is possible through the traditional method. Specifically, such a partnership could secure financing for a project through private sources that might require more accountability and could assign greater responsibility to private firms for carrying out the work. For example, a private business might take on the responsibility for specific tasks, such as operations and maintenance, and their accompanying risks. In this study, the Congressional Budget Office (CBO) finds that private financing will increase the availability of funds for highway construction only in cases in which states or localities have chosen to restrict their spending by imposing legal constraints or budgetary limits on themselves.
Download or read book Public and Private Partnerships for Financing Highway Improvements written by and published by Transportation Research Board National Research. This book was released on 1988 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
