Enabling Development of the Transportation Public-Private Partnership Market in the United States
Public-private partnerships (PPP) for infrastructure development and management have received significant attention in academic, institutional, and political circles over roughly the last 2 decades. This attention was prompted, to a great extent, by early experiments with PPP-type arrangements in Australia, Canada, and the United States coupled with the United Kingdom's Private Finance Initiative policy—not to mention the experience of other parts of the world such as Asia, continental Europe, and South America. PPP policies and practices have evolved in other world regions, but the United States remains a relatively slow mover in this market. While varying explanations for this circumstance are plausible, the situation can play to America's advantage since the nation can capitalize upon the tested experience of its international counterparts. Drawing upon data and information collected from 2 principal sources: 1) case histories of PPP projects in North America to date and 2) a scanning tour of Australia, Portugal, Spain, and the United Kingdom in 2008, misconceptions regarding PPPs are clarified, contemporary international policies and practices are characterized, and recommendations for implementing PPPs for transportation infrastructure are made. The principal intent of this paper is to trigger a dialog about PPPs and how they might improve America's infrastructure assets.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/8675438
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Supplemental Notes:
- Abstract reprinted with permission from ASCE
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Authors:
- Garvin, Michael J
- Publication Date: 2010-4
Language
- English
Media Info
- Media Type: Print
- Features: Figures; References; Tables;
- Pagination: pp 402-411
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Serial:
- Journal of Construction Engineering and Management
- Volume: 136
- Issue Number: 4
- Publisher: American Society of Civil Engineers
- ISSN: 0733-9364
- EISSN: 1943-7862
- Serial URL: http://ascelibrary.org/journal/jcemd4
Subject/Index Terms
- TRT Terms: Construction projects; Contract administration; Procurement; Public private partnerships
- Uncontrolled Terms: Transportation infrastructure
- Geographic Terms: United States
- Subject Areas: Administration and Management; Highways; Planning and Forecasting; I10: Economics and Administration; I72: Traffic and Transport Planning;
Filing Info
- Accession Number: 01154236
- Record Type: Publication
- Files: TRIS
- Created Date: Apr 14 2010 7:14AM