PUBLIC-PRIVATE PARTNERSHIP IN PARKING : THE MANCHESTER EXPERIENCE

The city of Manchester, U.K., is the site of a joint venture, public private partnership for parking facilities. An agreement between the Manchester City Council and National Car Parks (NCP) in 1999 included such key elements as: a shareholder agreement, pricing policy principles, a loan agreement, occupational leases, and a management agreement. The joint venture resulted in NCP Manchester Ltd., the third largest Car Park operator in the U.K. with 52 parking facilities and a turnover of $20,000,000. Benefits of the joint venture include: reduction in parking facilities crime from a new security initiative; new control equipment leading to faster payment methods and features such as credit and debit cards; and, new access and egress ramps resulting in traffic flow improvement.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/3041176
• Supplemental Notes:
  • January/February 2002
• Corporate Authors:

  National Parking Association

  1112 16th Street, NW, Suite 300
  Washington, DC  United States  20036
• Authors:
  • Sedgwick, T
• Publication Date: 2002-1

Language

• English

Media Info

• Pagination: p. 21-23
• Serial:
  • Parking: the magazine of the parking industry
  • Volume: 41
  • Issue Number: 1
  • Publisher: National Parking Association
  • ISSN: 0031-2193

Subject/Index Terms

• TRT Terms: Cost recovery; Parking facilities; Pricing; Profitability; Public private partnerships
• Identifier Terms: National Car Parks
• Geographic Terms: Manchester (England)
• Subject Areas: Economics; Highways; Society; Terminals and Facilities;

Filing Info

• Accession Number: 00923697
• Record Type: Publication
• Source Agency: UC Berkeley Transportation Library
• Files: BTRIS, TRIS
• Created Date: May 2 2002 12:00AM