Details:

Creators:
Rall, Jaime ; Reed, James B. ; Farber, Nicholas J.
Rall, Jaime ; Reed, James B. ; Farber, Nicholas J. Less -
Subject/TRT Terms:
[+]
Contracts Finance Private Enterprise Public-private Sector Cooperation--United States Public Contracts--United States Public Private Partnerships Transportation--United States--Planning--Finance Transportation And State--United States Transportation Planning
Resource Type:
Tech Report
Geographical Coverage:
United States
Corporate Publisher:
National Conference of State Legislatures
Abstract:
A variety of factors have negatively affected states’ ability

to pay for necessary maintenance of transportation

infrastructure and to build new capacity to keep

pace with and encourage economic development and job

creation. These factors include changing economic conditions,

a delayed federal transportation reauthorization bill,

the declining value of the fuel tax (due to a number of factors)

and a reluctance to increase it, and growing infrastructure

needs. In this environment, public-private partnerships

(PPPs or P3s) have been increasingly studied and pursued

by state policymakers as one alternative method, among

others, to procure transportation infrastructure improvements.

Such partnerships combine a leveraged mix of public

and private dollars to better bridge the gap between transportation

needs and the financial resources available to meet

those needs.


Format:
PDF
Collection(s):
US Transportation Collection
Main Document Checksum:
[+]
urn:sha256:3a1e80111ce1e3cb5be79201a4489c0dabf1257b9ed964721f03a67ab8c8e6a7
Download URL:
https://rosap.ntl.bts.gov/view/dot/18441/dot_18441_DS1.pdf
File Type:

Supporting Files

• No Additional Files

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