U.S. DOT EXAMINES FUTURE ROLE OF PUBLIC-PRIVATE PARTNERSHIPS IN TRANSPORTATION

This article focuses on the 2004 Report to Congress on Public-Private Partnerships and the purported cost savings of public private partnerships (PPP). The report states that PPPs can be as much as 40 percent cheaper, can take half the time, and encourage innovation as well as long term outlooks at life cycle costs. However the report states that PPP risks included: increased costs, niche applications, and public agency liability if a project becomes insolvent. The report also lists impediments to increased PPPs such as local opposition, state laws and policies, private sector concerns and federal issues. A sidebar on a Massachusetts PPP project on Route 3 North is included, noting that the project will complete itself in half the time.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/19451392
• Corporate Authors:

  American Road & Transportation Builders Association

  ARTBA Building, 1219 28th Street, NW
  Washington, DC  United States  20007-3389
• Authors:
  • Zapalac, R
  • Martin, M F
• Publication Date: 2005-2

Language

• English

Media Info

• Features: Photos;
• Pagination: p. 20-22
• Serial:
  • Transportation Builder
  • Volume: 17
  • Issue Number: 2
  • Publisher: American Road & Transportation Builders Association
  • ISSN: 1043-4054

Subject/Index Terms

• TRT Terms: Financing; Government funding; Public private partnerships
• Subject Areas: Administration and Management; Finance; Highways;

Filing Info

• Accession Number: 00989404
• Record Type: Publication
• Source Agency: UC Berkeley Transportation Library
• Files: BTRIS, TRIS
• Created Date: May 3 2005 12:00AM