PROMOTING INTELLIGENT TRANSPORTATION SYSTEMS THROUGH PUBLIC AND PRIVATE PARTNERSHIPS
In the past, public transportation resources derived from federal, state, and local governments. These resources most often came in the form of dollars provided by each, which meant government bodies frequently specified how the dollars would be spent. This financial arrangement effectively constrained transportation improvement options. Options were greatly expanded in 1991 when the Intermodal Surface Transportation Efficiency Act (ISTEA) was passed. ISTEA made it possible to transfer federal funds across highway and transit jurisdictions, and to fund projects jointly with a mix of public and private dollars. The transfer of funds between the Federal Highway Administration and the Federal Transit Administration has been the most visible feature of ISTEA and transit agencies have been the primary beneficiaries. Other provisions allow federal funds to be used in conjunction with private financing for projects such as new toll roads. The proponents of Intelligent Transportation Systems must recognize the public's interest in multi-modal solutions and begin to breed new projects which take advantage of these flexible funding provisions.
-
Corporate Authors:
1100 17th Street, NW, 12th Floor
Washington, DC United States 20036 -
Authors:
- Steffens, W T
-
Conference:
- Intelligent Transportation: Realizing the Benefits. Proceedings of the 1996 Annual Meeting of ITS America.
- Location: Houston, TX
- Date: 1996-4-15 to 1996-4-18
- Publication Date: 1996
Language
- English
Media Info
- Pagination: p. 888-890
Subject/Index Terms
- TRT Terms: Federal government; Finance; Financing; Government agencies; Governments; Intelligent transportation systems; Local government; Multimodal transportation; Private enterprise; Promotion; Public policy; Public private partnerships; Public transit; State government
- Identifier Terms: U.S. Federal Highway Administration
- Uncontrolled Terms: Agencies; Public interest
- Old TRIS Terms: Multimodal transportation systems; Promoting
- Subject Areas: Finance; Highways; Operations and Traffic Management; Planning and Forecasting; Policy; Public Transportation; I72: Traffic and Transport Planning;
Filing Info
- Accession Number: 00724816
- Record Type: Publication
- Files: TRIS
- Created Date: Aug 27 1996 12:00AM