Public-private partnerships in transportation infrastructure : survey of experiences and perceptions.

Details

• Creators:
  Martinez, Sergio E. ; Hall, Andrea ; Walton, C. Michael
• Corporate Creators:
  University of Texas at Austin. Center for Transportation Research
• Corporate Contributors:
  United States. Dept. of Transportation. Research and Innovative Technology Administration
• Subject/TRT Terms:
  • Infrastructure
  • Public private partnerships
  • Stakeholders
  • Surveys
  • Perception
  • Transportation planning
  • Public opinion
• Publication/ Report Number:
  SWUTC/13/600451-00072-1
• Resource Type:
  Tech Report
• Geographical Coverage:
  Texas
• Corporate Publisher:
  Southwest Region University Transportation Center (U.S.)
• Abstract:
  The use of public-private partnerships (PPPs) for transportation infrastructure delivery has increased in ; the U.S. However, concerns about and opposition to these agreements exist due to a variety of factors. ; This paper explores the perceptions that a variety of PPP stakeholders have about PPP usage to deliver ; transportation infrastructure in the U.S., including stakeholders from fields at times overlooked in PPP ; literature but that are key to these transactions, such as professionals in legal, banking and finance, and ; concessionaire organizations. The paper reports the results of a survey taken by 101 professionals, with ; responses classified based on different aspects of the respondents’ backgrounds. Results indicate that ; stakeholders’ perceptions about benefits, barriers, and valuation of PPPs vary—at times greatly— ; depending upon the respondent’s work type, location, and especially whether they had previous ; experience with PPPs. While this is not surprising, in some cases, such variations in perceptions were ; unexpected in both type and magnitude. It is understandable that some misperceptions still exist among ; PPP stakeholders due to various reasons, yet some responses showed deep misunderstandings, fears, or ; unrealistic expectations about PPPs. The fact that respondents were targeted because of their assumed ; familiarity with these transactions is worrisome and it indicates the need to educate decision-makers, staff, ; and the general public about what PPPs really are, why they are needed, and what they can and cannot do.
  More +
• Format:
  PDF
• Funding:
  DTRT12-G-UTC06
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/27390/dot_27390_DS1.pdf
• File Type:
  [PDF - 1.18 MB]
• Collection(s):
  University Transportation Centers ; US Transportation Collection
• Main Document Checksum:
  urn:sha256:4d660466931c13ceb8c55032b5acf147c74a19f4e1c6b8ec93854f9979d063ef