Download or read book Evaluating Alternative Public private Partnership Strategies for Existing Toll Roads written by Christopher J. Ahmadjian and published by . This book was released on 2010 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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 Evaluating Alternative Toll based Financing Approaches written by Rosaria M. Berliner and published by . This book was released on 2011 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current condition of the nation's transportation system is of great concern to State Departments of Transportation. Currently, funds in many state transportation budgets are depleting. Nowadays, State DOT officials together with researchers are exploring various transportation financing approaches and they are considering the utility, merits, challenges, and impacts of these approaches. A major financing approach being considered relies on the collection of tolls on existing toll roads and on roads on which tolls are not presently collected. Recent technology advancements in Open Road Tolling and All-Electronic Tolling have provided State DOTs with the opportunity to consider expanding the use of toll revenue to finance transportation investments. These two types of tolling technologies appeal to motorists by allowing them to maintain their current highway speed while going through a toll plaza. In addition, many State DOT officials now view toll based approaches as viable "user fee" based strategies together with other alternative approaches such as the fuel tax and sales tax. Central to this research is a case study of the Boston Metropolitan area. The case study includes the formulation and preliminary evaluation of toll based financing approaches potentially suitable for consideration in Massachusetts. The approaches include increases to existing tolls and placing tolls on selected roadways not currently tolled. The evaluation includes estimates of changes in demand and anticipated revenues associated with these toll based approaches. It is expected that the results of this research will be of interest to State DOT officials in Massachusetts and other states.

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 Privatizing Toll Roads written by Wendell Lawther and published by Praeger. This book was released on 2000-06-30 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing an in-depth case study of a highly successful public-private partnership, this book offers valuable insights for privatizing an existing public service. A mix of theory and empirical analysis, the study initially creates and explains a model for the Privatization Transfer Process, which serves as a guide for contracting out services. Drawing on the experience of the Orlando Orange County Expressway Authority when it privatized toll road operations, the book traces the steps taken through the initial decision to privatize, the creation of the Request for Proposal, and the review and rating of three bidder responses. It then follows the awarding of the bid to the Florida Toll Services and the transition from public to private control. The book also considers technical and pricing concerns as well as issues pertaining to contract management. In conclusion, it evaluates the entire effort. By offering a detailed analysis of a very successful privatization experience, the book provides a useful tool for those concerned with privatization issues.

Download or read book Exploring Key Issues in Public private Partnerships for Highway Development written by and published by . This book was released on 1992 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Strategic Issues in Public Private Partnerships written by Mirjam Bult-Spiering and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bult-Spiering & Dewulf: Strategic Issues in PPP: Back CoverText - draft This book provides a theoretical basis for examining public-privatepartnerships (PPP) so as to give researchers a better understandingof PPP and to develop a more strategic approach to thesubject. It analyses the various characteristics and approaches of PPP,drawing on a number of international studies, particularly fromEurope and the USA, and it provides a thorough review of theliterature. It looks, in particular, at two main PPP procurementsystems: concessions and joint ventures. The Authors Mirjam Bult-Spiering is assistant professor Public-PrivateGovernance of the Department Construction Management &Engineering at the University of Twente, The Netherlands. Geert Dewulf is professor of Planning & Development of theDepartment Construction Management & Engineering at theUniversity of Twente, The Netherlands. Also of Interest Public-Private Partnerships - Managing Risks and Opportunities Edited by Akintola Akintoye Matthias Beck & Cliff Hardcastle 0-632-06465-X Value and Risk Management - A Guide to Best Practice Michael F. Dallas Published on behalf of the Chartered Institute of Building 1-4051-2069-X Cover illustrations courtesy of George Jautze, ING Real EstateGeneral Management (Nijmegen-Marienburg) and Erik Hermsen, StruktonIntegrale Projecten (Montaigne) Cover design by Simon Witter

Download or read book Risk Management in Public Private Partnerships written by Mohammad Heydari and published by Routledge. This book was released on 2020-12-29 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public-Private Partnership (PPP) is a channel through which the public sector can seek alternative funding and expertise from the private sector to procure public infrastructure. Governments around the world are increasingly turning to Public-Private Partnerships to deliver essential goods and services. Unfortunately, PPPs, like any other public procurement, can be at risk of corruption. This book begins by looking at the basics of PPP and the challenges of the PPP process. It then conceptualizes the vulnerability of various stages of Public-Private Partnership models and corruption risk against the backdrop of contract theory, principal-agent theory and transaction cost economics. The book also discusses potential control mechanisms. The book also stresses the importance of good governance for PPP. It outlines principles and procedures of project risk management (PRM) developed by a working party of the Association of Project Managers. Finally, the book concludes by proposing strategies and solutions to overcome the limitations and challenges of the current approach toward PPP.

Download or read book Tolling Practices for Highway Facilities written by Linda M. Spock and published by Transportation Research Board. This book was released on 1998 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This synthesis will be of interest to administrative and financial officials of toll authorities, as well as members of the governing boards of these agencies. It will also be of interest to state departments of transportation and to legislators who are exploring innovative methods for financing major highway facilities. This synthesis also provides useful information for bonding and other financial institutions. It presents information on the current tolling policies and practices employed by highway, bridge, and tunnel tolling authorities throughout the United States. This report of the Transportation Research Board presents a profile of the traditions, pricing practices, and operational aspects of the tolling industry. Based on information derived from survey responses from 41 toll organizations, representing over 90% of annual U.S. toll transactions, the research for the synthesis indicates that the tolling industry employs a wide range of policies and practices, including many innovative approaches, used in response to the need to provide improved highway facilities. Case studies of several selected innovative tolling practices are discussed: variable/congestion pricing; high- occupancy toll, or HOT lanes; public-private partnerships; interagency partnerships; and others such as state infrastructure banks (SIBs), shared resource agreements, and transportation utility fees. Detailed information on the experience of states with privatization of highway facilities is also presented. A unique summary of the future issues to be addressed in the tolling industry as gleaned from the survey concludes the document.

Download or read book Modelling Viability Gap Funding and Risk Mitigation in Public Private Partnership PPP Projects written by Thi Lan Anh Nguyen and published by . This book was released on 2017 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: "This thesis focuses on two major issues that government support measures aim to address: viability gap elimination and public risk mitigation of toll road projects in Vietnam. The thesis also presents a model for evaluating government support measures, to assist in government decision-making. PPPtoll road sector in Vietnam has been used as a case study. A specific PPP toll road project hasalso been used for illustration of how to apply the developed model."

Download or read book Private sector Involvement and Toll Road Financing in the Provision of Highways written by National Research Council (U.S.). Transportation Research Board and published by Transportation Research Board National Research. This book was released on 1987 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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 Guidance for State Implementation of ISTEA Toll Provisions in Creating Public private Partnerships written by and published by . This book was released on 1993 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Fuzzy Mathematical Models in Engineering and Management Science written by Arnold Kaufmann and published by North Holland. This book was released on 1988 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work is by two of the leading researchers in the field of fuzzy set theory and fuzzy logic. It deals with the notions of fuzzy numbers with levels of perception and levels of presumption. Many new results, examples and novel applications in engineering and management science are presented. This approach makes the book interesting and easy to understand, and provides mathematical tools which readers may find useful in the study of their own problems. Of particular interest are the discussions of applications in areas employing zero-based budgeting, the Delphi method, critical path optimization, reliability modelling, filtering and transportation. The first section is devoted to the theoretical basis for these mathematical models. The second part deals with a variety of applications in engineering and management science. There are also seven appendices which contain some special mathematical operations (Minkowaski's operations) on fuzzy quantities and detailed biographical material.

Download or read book Estimating Toll Road Demand and Revenue written by David S. Kriger and published by Transportation Research Board. This book was released on 2006 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Assessing Highway Tolling and Pricing Options and Impacts written by Benjamin Gerry Perez and published by Transportation Research Board. This book was released on 2012 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: "TRB's National Cooperative Highway Research Program (NCHRP) Report 722: Assessing Highway Tolling and Pricing Options and Impacts provides state departments of transportation (DOTs) and other transportation agencies with a decision-making framework and analytical tools that describe likely impacts on revenue generation and system performance resulting from instituting or modifying user-based fees or tolling on segments of their highway system. Volume 2: Travel Demand Forecasting Tools provides an in-depth examination of the various analytical tools for direct or adapted use that are available to help develop the forecasts of potential revenue, transportation demand, and congestion and system performance based on tolling or pricing changes. Volume 1: Decision-Making Framework includes information on a decision-making framework that may be applied to a variety of scenarios in order to understand the potential impacts of tolling and pricing on the performance of the transportation system, and on the potential to generate revenue to pay for system improvements"--Publication information.

Download or read book Federal Register written by and published by . This book was released on 2013-08 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: