Public Private Partnerships For Highway Infrastructure Capitalizing On International Experience PDF Download
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Author | : U. S. Transportation |
Publisher | : CreateSpace |
Total Pages | : 88 |
Release | : 2012-12-11 |
Genre | : |
ISBN | : 9781481241656 |
Download Public-Private Partnerships for Highway Infrastructure: Capitalizing on International Experience Book in PDF, ePub and Kindle
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).
Author | : Janice Weingart Brown |
Publisher | : |
Total Pages | : 77 |
Release | : 2009 |
Genre | : Infrastructure (Economics) |
ISBN | : |
Download Public-private Partnerships for Highway Infrastructure Book in PDF, ePub and Kindle
"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.
Author | : Raymond E. Levitt |
Publisher | : Edward Elgar Publishing |
Total Pages | : 360 |
Release | : 2019 |
Genre | : BUSINESS & ECONOMICS |
ISBN | : 1788973186 |
Download Public–Private Partnerships for Infrastructure Development Book in PDF, ePub and Kindle
Large infrastructure projects often face significant cost overruns and stakeholder fragmentation. Public-Private Partnerships (PPPs) allow governments to procure long-term infrastructure services from private providers, rather than developing, financing, and managing infrastructure assets themselves. Aligning public and private interests and institutional logics for decades-long service contracts subject to shifting economic and political contexts creates significant governance challenges. We integrate multiple theoretical perspectives with empirical evidence to examine how experiences from more mature PPP jurisdictions can help improve PPP governance approaches worldwide.
Author | : United States. Congress. House. Committee on Transportation and Infrastructure. Panel on Public-Private Partnerships |
Publisher | : |
Total Pages | : 65 |
Release | : 2014 |
Genre | : Electronic books |
ISBN | : |
Download The International Experience with Public-private Partnerships (113-65), April 8, 2014 Book in PDF, ePub and Kindle
Author | : United States. Congress. House. Committee on Transportation and Infrastructure. Panel on Public-Private Partnerships |
Publisher | : |
Total Pages | : 200 |
Release | : 2014 |
Genre | : Infrastructure (Economics) |
ISBN | : |
Download Overview of Public-private Partnerships in Highway and Transit Projects (113-57), March 5, 2014 Book in PDF, ePub and Kindle
Author | : Simon Hakim |
Publisher | : Springer Nature |
Total Pages | : 328 |
Release | : 2022-07-30 |
Genre | : Law |
ISBN | : 3031046285 |
Download Handbook on Public Private Partnerships in Transportation, Vol II Book in PDF, ePub and Kindle
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.
Author | : Manal Fouad |
Publisher | : International Monetary Fund |
Total Pages | : 61 |
Release | : 2021-05-10 |
Genre | : Business & Economics |
ISBN | : 1513576569 |
Download Mastering the Risky Business of Public-Private Partnerships in Infrastructure Book in PDF, ePub and Kindle
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.
Author | : Piet de Vries |
Publisher | : Routledge |
Total Pages | : 520 |
Release | : 2013-03-05 |
Genre | : Business & Economics |
ISBN | : 1136163301 |
Download The Routledge Companion to Public-Private Partnerships Book in PDF, ePub and Kindle
A public-private partnership (PPP) is a contractual arrangement with appropriate risk sharing between public and private partners for the delivery of public infrastructure or services, which is intended to create value-for-money to the taxpayer. The Routledge Companion to Public-Private Partnerships provides a cutting-edge survey of the field. PPPs remain a highly controversial subject matter globally and this comprehensive and authoritative volume provides a terrific compendium of information for students and scholars charged with understanding, critiquing and advancing this model. With sections devoted to legal aspects, institutional economics perspectives, finance and accountability - the editors draw together an impressive range of contributors from around the world.
Author | : Wendell C. Lawther |
Publisher | : Lexington Books |
Total Pages | : 278 |
Release | : 2015-10-22 |
Genre | : Political Science |
ISBN | : 1498504175 |
Download Private Financing of Public Transportation Infrastructure Book in PDF, ePub and Kindle
This book discusses a unique combination of best practices and lessons learned, including evaluation and transparency issues not found elsewhere in other texts. Given that P3s are evolving and changing, it contains the most up to date information and review of relevant sources. Other topics that have become more important are reviewed, including the value of benefit cost analysis and the appropriate discount rate to use for value for money analysis. Practices and policies are discussed throughout, highlighting efforts that could lead to successful outcomes. Although transparency is an issue discussed by many, this research indicates that greater transparency would lead to more publicly accepted P3s and ensure greater success. Given recent national news coverage of relevant topics, such as the Highway Trust Fund “running out of money," President Obama’s call for an infrastructure fund, and increasing Congressional interest and testimony, the content of this book is timely. A concurrent theme commonly addressed by other books and commentaries is the complexity of the topic and the lack of understanding of P3s. This research identifies practices and procedures that are innovative and “cutting edge.” Many of the best practices identified are not uniformly adopted by all officials wishing to create P3s. The analysis does not simply describe these practices, but provides insights into the potential advantages of adoption. Experiences in the United States as well as selected international efforts provide a wide range of potential sources from which to draw upon. This book provides a series of case studies and examples, including one chapter devoted to ten studies that were written by several internationally known authors. References to actual experiences are found throughout almost all of the chapters. These case studies reinforce and illustrate relevant points made throughout.
Author | : International Transport Forum |
Publisher | : OECD Publishing |
Total Pages | : 156 |
Release | : 2017-02-24 |
Genre | : |
ISBN | : 9282108139 |
Download ITF Roundtable Reports Public Private Partnerships for Transport Infrastructure Renegotiation and Economic Outcomes Book in PDF, ePub and Kindle
Public-private partnerships (PPPs) are an important vehicle for private participation in infrastructure investment, delivery and management. Renegotiations are an integral part of the PPP process but their prevalence varies markedly in different parts of the world. Renegotiations can be ...