Private Financing of Public Transportation Infrastructure

Utilizing Public-Private Partnerships

Häftad, Engelska, 2019

709 kr

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This book discusses a unique combination of best practices and lessons learned, including evaluation and transparency issues not found elsewhere in other texts. Given that P3s are evolving and changing, it contains the most up to date information and review of relevant sources. Other topics that have become more important are reviewed, including the value of benefit cost analysis and the appropriate discount rate to use for value for money analysis. Practices and policies are discussed throughout, highlighting efforts that could lead to successful outcomes. Although transparency is an issue discussed by many, this research indicates that greater transparency would lead to more publicly accepted P3s and ensure greater success.Given recent national news coverage of relevant topics, such as the Highway Trust Fund “running out of money," President Obama’s call for an infrastructure fund, and increasing Congressional interest and testimony, the content of this book is timely. A concurrent theme commonly addressed by other books and commentaries is the complexity of the topic and the lack of understanding of P3s. This research identifies practices and procedures that are innovative and “cutting edge.” Many of the best practices identified are not uniformly adopted by all officials wishing to create P3s. The analysis does not simply describe these practices, but provides insights into the potential advantages of adoption. Experiences in the United States as well as selected international efforts provide a wide range of potential sources from which to draw upon. This book provides a series of case studies and examples, including one chapter devoted to ten studies that were written by several internationally known authors. References to actual experiences are found throughout almost all of the chapters. These case studies reinforce and illustrate relevant points made throughout.

Produktinformation

Utgivningsdatum2019-04-11
Mått150 x 223 x 20 mm
Vikt417 g
FormatHäftad
SpråkEngelska
Antal sidor294
FörlagBloomsbury Publishing Plc
ISBN9781498504188

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Private Financing of Public Transportation Infrastructure: Utilizing Public-Private PartnershipsTABLE OF CONTENTSChapter One: An Introduction to Private Sector Financing of Transportation InfrastructureWendell C. Lawther and Lawrence L. MartinChapter Two: Transportation Infrastructure Financing Public Private Partnerships (P3): What are They? How do They Work?Lawrence L. MartinChapter Three: State Enabling Legislation for Public Private Partnerships Lawrence L. Martin and Joseph SaviakChapter Four: Internationally Recommended Best Practices & Promising Practices in Transportation Infrastructure Financing Public Private Partnerships Lawrence L. Martin, Wendell C. Lawther, Graeme A. Hodge and Carsten GreveChapter Five: Case Studies in Transportation Infrastructure Financing Public Private PartnershipsLawrence L. Martin and Wendell C. Lawther 1. Melbourne CityLink (Australia)—Graeme Hodge2. Sidney Cross City Tunnel (Australia)—Graeme Hodge3. Melbourne EastLink (Australia)—Graeme Hodge4. Irish Road Projects 2005 – 2010 (Ireland)—Carsten Greve5. London Underground Railroad (Subway) & the UK Experience (United Kingdom)—Carsten Greve6. Ontario 407 Expressway Toll Road (Canada)—Lawrence L. Martin7. Indiana Toll Road (United States)—Lawrence L. Martin8. Kliplev-Søndeborg Motorway (Denmark)—Carsten Greve9. N3 Toll Route Concession (South Africa)—Neil Tolmie and Wendell C. Lawther 10. Sea to Sky Highway (Canada)—Wendell C. LawtherChapter Six: Evaluation of Public-Private Partnerships for Transportation Infrastructure Financing: Process & Goal Achievement Wendell C. LawtherChapter Seven:Public Private Partnerships: Transparency and Accountability IssuesWendell C. LawtherChapter Eight: The Role of the Private Sector in Effectively Educating Policymakers and the Public about Transportation P3s: Insights from Florida LeadersJoseph SaviakChapter Nine: Avoiding Public Private Partnership Failure: Linking Transportation Infrastructure with Economic DevelopmentOwen M. Beitsch and Wendell C. LawtherChapter Ten: Concluding Thoughts and QuestionsWendell C. LawtherAppendix: Tools for use in Public-Private Partnerships for Transportation Infrastructure FinancingLawrence L. Martin and Wendell C. Lawther

Any nation’s ability to fully realize its competitive potential depends on making smart infrastructure choices. But we need a better understanding of the role of the public and private sectors, as well as the partnerships between them, to provide Americans with the infrastructure they need to build greater economic opportunity and create more and better jobs. This edited volume is rich with the kind of case studies, examples, and practices metro leaders are looking for in order to get stuff done today.