UNITED STATES DEPARTMENT OF TRANSPORTATION REPORT TO CONGRESS ON PUBLIC-PRIVATE PARTNERSHIPS

House Report 108-243 (2003) accompanying the FY 2004 Department of Transportation Appropriations Act requested the U.S. Department of Transportation (DOT) to prepare a report identifying the impediments to the formation of large, capital-intensive highway and transit projects involving public-private partnerships. U.S. DOT was also asked to work with States and local entities to identify and eliminate existing impediments. This report addresses both of those goals by pulling from existing literature on public-private partnerships and by gathering comments from States, law firms, contractors, and trade associations with experience in these projects. These comments, gathered from stakeholders, do necessarily represent the position of the U.S. DOT, but are included in response to the Committee on Appropriation's request according to the direction given by the House Report. In this report, U.S. DOT answers the questions posed by Congress and attempts to provide a resource document for States interested in using public-private partnerships as a method of procurement. The report is divided into five major sections: history and initiatives, value of public-private partnerships, impediments to their formation, stakeholder comments, and recommendations for removing those impediments. The value section is designed to help States considering public-private partnerships better understand the benefits of such an approach and some of the downsides. This report, however, is not designed to be a manual on how to use public-private partnerships as part of a State program. It does not address the myriad issues concerning when public-private partnerships should be used and how they should be negotiated. The report focuses on the questions posed by the House Report language and provides the background necessary to provide context for the answers to those questions.

Language

  • English

Media Info

  • Features: Appendices; Figures;
  • Pagination: 193 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00987765
  • Record Type: Publication
  • Files: TRIS, USDOT
  • Created Date: Mar 28 2005 12:00AM