This paper addresses a privatization project in Puerto Rico previously known as the San Jose Lagoon Bridge project; now named after a famous Puerto Rican, Teodoro Moscoso. The authors relate an overview of the project and some of its history, its current status, what some of the key issues were in its development as a privatization project, some highlights of the concession agreement, the key elements of that agreement in terms of what were the turning points that made the agreement work, and an overview of some of the keys that were critical in the success of the project. The concession agreement was very detailed. The six elements of the agreement that the authors considered very important to the success of the project are right-of-way acquisition, permitting, guaranteed maximum price, toll rates, the termination clause, and liability and insurance. These are discussed further in the paper.

  • Availability:
  • Supplemental Notes:
    • This paper was presented in Forum Session "Innovative Financing of Transport Privatization: International Examples". These proceedings, Volume 8 of the TRF 36th Annual Conference, were funded for publication by the UPS Foundation.
  • Corporate Authors:

    Transportation Research Forum

    11250-8 Roger Bacon Drive, Suite 8
    Reston, VA  United States  20190
  • Authors:
    • Shnettler, J
    • Skaff, G
  • Conference:
  • Publication Date: 1994


  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00727128
  • Record Type: Publication
  • Report/Paper Numbers: Volume 8
  • Files: TRIS
  • Created Date: Oct 25 1996 12:00AM