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Private Financing of Public Transportation Infrastructure

Utilizing Public-Private Partnerships
Editors:
Publisher:
 2015

Summary

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.

Keywords



Bibliographic data

Copyright year
2015
ISBN-Print
978-1-4985-0416-4
ISBN-Online
978-1-4985-0417-1
Publisher
Lexington, Lanham
Language
English
Pages
270
Product type
Edited Book

Table of contents

ChapterPages
    1. Contents No access
  1. 1 An Introduction to Private Sector Financing of Transportation Infrastructure No access Pages 1 - 18
  2. 2 Transportation Infrastructure Financing Public-Private Partnerships (P3s) No access Pages 19 - 32
  3. 3 State Enabling Legislation for Public-Private Partnerships No access Pages 33 - 42
  4. 4 Internationally Recommended Best Practices and Promising Practices in Transportation Infrastructure Financing Public-Private Partnerships No access Pages 43 - 66
  5. 5 Case Studies in Transportation Infrastructure Financing Public-Private Partnerships No access Pages 67 - 134
  6. 6 Evaluation of Public-Private Partnerships for Transportation Infrastructure Financing No access Pages 135 - 178
  7. 7 Public-Private Partnerships No access Pages 179 - 194
  8. 8 The Role of the Private Sector in Effectively Educating Policymakers and the Public about Transportation P3s No access Pages 195 - 208
  9. Chapter 8: Appendix No access Pages 209 - 210
  10. 9 Avoiding Public-Private Partnership Failure No access Pages 211 - 228
  11. 10 Concluding Thoughts and Questions No access Pages 229 - 236
  12. Appendix: Tools for Use in Public-Private Partnerships for Transportation Infrastructure Financing No access Pages 237 - 254
  13. Index No access Pages 255 - 268
  14. About the Contributors No access Pages 269 - 270

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