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Posts Tagged ‘Public-Private Partnerships’

Public Private Partnerships: Balancing the needs of the public and private sectors to finance the nation’s infrastructure

Friday, September 26th, 2014
Figure 1: PPPs Worldwide, Nominal Cost (in Billions), 1985-2011

Around the world, P3s play a significant role in the development and delivery of transportation and infrastructure projects. Internationally, P3s have had a mixed record of success and failure. The Panel found that successful P3s have several common elements, including leveraging the strengths of the public and private sectors, appropriate risk transfer, transparent and flexible contracts, and alignment of policy goals…Unlike most other countries, the United States possesses a robust municipal bond market of approximately $3.7 trillion, of which a significant portion is for infrastructure financing. The Panel found that this is one major reason why the U.S. P3 market has not grown as quickly as in other countries (which do not offer tax-exempt municipal bonds) and why the potential for P3s in the United States is limited.

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Implementing Public Private Partnerships During Challenging Economic Times

Monday, January 6th, 2014
va thumb

How has the 2008 Economic Crisis impacted the design, financing, and construction of highway public–private partnership (PPP or P3) projects in the United States? In December 2007, on the eve of the economic crisis, the Virginia legislature approved a P3 to construct a 14-mile (22.5 km) high occupancy toll (HOT) road (the 495 Express Lanes) to alleviate heavy traffic on the Capital Beltway around Washington, DC. This case study looks at the impact the 2008 Economic Crisis and associated economic challenges between 2008 and 2012 had on this project and considers what governments and other stakeholders should be aware of when implementing P3s during adverse economic times.

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Guest on The Infra Blog: Samara Barend, Vice President, North America PPP Director, AECOM Capital

Thursday, October 31st, 2013
Samara Barend

“It’s fundamental: having people come together and raise their voice and speak up is the only way to get something done in Washington. I would urge any advocates of infrastructure to speak up and to send letters to their congressmen, and to join coalitions and never underestimate the impact you can have to get something done.”

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Jobs, Infrastructure, and the Economy: What the Voters are Saying

Monday, January 7th, 2013

THE ASSOCIATION OF EQUIPMENT MANUFACTURERS (AEM) Download full report (PDF): Jobs, Infrastructure, and the Economy: What the Voters are Saying About the Association of Equipment Manufacturers (AEM)“AEM is a trade association that provides services on a global basis for companies that manufacture equipment, products and services used worldwide in the following industries: Agriculture, Construction, Forestry, […]

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Guest on The Infra Blog: Larry Ehl, Founder and Publisher, Transportation Issues Daily

Tuesday, June 19th, 2012

Larry Ehl, founder and publisher of Transportation Issues Daily (TID). After more than two decades as a government affairs and transportation professional – including about eight years as Federal Relations Manager for the Washington State Department of Transportation (WSDOT) – in 2009 he started what became a nationally recognized blog on federal transportation issues. His […]

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Guest on The Infra Blog: Christian Steinbrecher, President, Ukiah Engineering Inc., ASCE Oregon 2011-2012 Civil Engineer of the Year

Friday, March 30th, 2012

Christian F. Steinbrecher, president of Ukiah Engineering Inc., was awarded the “2011 – 2012 Engineer of the Year Award” by the Oregon Section of the American Society of Civil Engineers for his work on Oregon’s Infrastructure Report Card issued by the Oregon Section of the American Society of Civil Engineers. His experience has spanned almost […]

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Can Public–Private Partnerships Fill the Transportation Funding Gap?

Tuesday, January 17th, 2012

Given tight federal budget restraints and shrinking transportation trust fund revenues, states and the federal government need to find alternative financial resources to finance needed transportation infrastructure projects, especially maintaining and expanding the capacity of the Interstate Highway System. Increased use of public–private partnership contracts (P3s) promises to help finance some of the needed infrastructure projects, but the federal government needs to allow states more freedom to use P3s, and states need to adopt the policies and practices needed to use P3s effectively.

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Risks and Rewards of Public-Private Partnerships for Highways

Friday, January 6th, 2012

Public-Private Partnerships (PPPs) for infrastructure are contracts between public and private entities for the provision of facilities in areas such as power, water, transportation, education and health. Well-written PPP agreements specify the allocation of risk, which should create incentives for the private provider to deliver more efficiently and in a timelier manner than would be the case if the project were undertaken by a state-controlled entity.

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The Promise and Risks of Public-Private Partnerships

Monday, April 5th, 2010

A recent series of events, notably an invitational conference on Public-Private Partnerships convened by the National Conference of State Legislatures (NCSL), has focused attention on the role of public-private partnerships (PPPs) in transportation, and underscored once again the need to more clearly define the proper federal role in PPP oversight.

To share its findings with the transportation community and seek its input, the NCSL invited an influential group of state legislators and leading members of the transportation community to a meting on March 26 to consider the next steps.

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