INTRODUCTION OF PUBLIC PRIVATE PARTNERSHIPS IN THE HIGHWAY SECTOR
The purpose of this paper is to highlight some of the key issues surrounding the introduction of Public Private Partnership (PPP) in the highway sector. The issues discussed can apply equally whether the highway improvement is complete, new construction, rehabilitation or ongoing maintenance or any combination of investment processes and levels. The paper identifies and discusses these four key objectives of PPP: maximizing value for money (Vfm) of providing service of a long period of time; maximizing efficiency and innovation to achieve Vfm; enabling the public sector to procure services consistent with economic policy; and paying for services which achieve the required quality.
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Availability:
- Find a library where document is available. Order URL: http://etcproceedings.org/conference
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Supplemental Notes:
- Full conference proceedings available on CD-ROM.
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Corporate Authors:
Association for European Transport (AET)
1 Vernon Mews, Vernon Street, West Kensington
London W14 0RL, -
Authors:
- Snelson, P
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Conference:
- European Transport Conference 2002
- Location: Homerton College, Cambridge, England
- Date: 2002-9-9 to 2002-9-11
- Publication Date: 2002
Language
- English
Media Info
- Pagination: 4 p.
- Monograph Title: ADAPTIVE TRAFFIC CONTROLLED ROUNDABOUTS. ASSOCIATION OF EUROPEAN TRANSPORT 2002 CONFERENCE
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Serial:
- Publication of: Association for European Transport
- Publisher: Association for European Transport (AET)
- ISSN: 1474-9122
Subject/Index Terms
- TRT Terms: Construction; Economic policy; Highways; Improvements; Innovation; Investments; Procurement; Public private partnerships; Quality assurance; Rehabilitation; Value capture
- Uncontrolled Terms: Value for money
- Subject Areas: Construction; Economics; Finance; Highways;
Filing Info
- Accession Number: 00935018
- Record Type: Publication
- ISBN: 0860503402
- Files: TRIS, ATRI
- Created Date: Dec 13 2003 12:00AM