Are there opportunities for public private partnerships (PPP) to deliver more effective road asset management solutions?

Road asset management is generally the remit of central and local government. There is a challenge to develop smarter financial, sustainable and efficient models through long-term partnership arrangements between the public and private sectors that deliver strategic, technical, financial and commercial benefits to the tax payer and society. Often there is a mismatch between the current road network condition, and today's expected level of service. This paper explores the dynamics and opportunities for using public private partnerships (PPP) to drive improved levels of service, road safety, value for money and long-term management of risk. The authors draw upon a unique international experience of PPP's for roading service provision based on specified outcomes, technical modelling and risk allocation. The paper discusses, amongst other aspects, the use of pavement asset management principles including surface condition, operational skid resistance performance, residual design life and ride quality. It challenges what mechanisms of payment would stimulate innovation and kick-start long-term benefits for the asset owner and society. The paper identifies a number of areas that could be developed holistically to generate some challenging ideas, and to promote consistency, clarity and reality in the long-term maintenance of a regional roading network.

• Record URL:
  http://saferroadsconference.com/conference-papers-2011/
• Supplemental Notes:
  • Need to request password to view papers online
• Authors:
  • Lewando, J
  • Finch, A
• Conference:
  • International Surface Friction Conference, 3rd, 2011, Gold Coast, Queensland, Australia
• Publication Date: 2011-5

Language

• English

Media Info

• Pagination: 9p

Subject/Index Terms

• TRT Terms: Case studies; Costs; Governments; Highway maintenance; Highway operations; Highways; Partnerships; Payment; Private enterprise
• Geographic Terms: Auckland, New Zealand
• ATRI Terms: Case study; Partnership; Payment; Private sector; Public sector; Road costs; Road maintenance; Road management
• Subject Areas: Finance; Highways;

Filing Info

• Accession Number: 01381123
• Record Type: Publication
• Source Agency: ARRB
• Files: ATRI
• Created Date: Aug 22 2012 11:44AM