Cost-efficiency of highway operations and maintenance of public-private partnerships.

Martinez, Sergio E.; Walton, C. Michael; University of Texas at Austin. Center for Transportation Research

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Cost-efficiency of highway operations and maintenance of public-private partnerships.

2014-08-01
By Martinez, Sergio E. ; Walton, C. Michael

[PDF-951.24 KB]

English

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Details:

Creators:

Martinez, Sergio E. ; Walton, C. Michael

Martinez, Sergio E. ; Walton, C. Michael Less -
Corporate Creators:

University of Texas at Austin. Center for Transportation Research
Corporate Contributors:

Southwest Region University Transportation Center (U.S.) ; United States. Dept. of Transportation. Research and Innovative Technology Administration

Southwest Region University Transportation Center (U.S.) ; United States. Dept. of Transportation. Research and Innovative Technology Administration Less -
Subject/TRT Terms:

[+]

Case Studies Cost Effectiveness Expenditures Highway Maintenance Highway Operations Life Cycle Analysis Literature Reviews Public Private Partnerships Toll Roads
Publication/ Report Number:

SWUTC/14/600451-00086-1
Resource Type:

Tech Report
Geographical Coverage:

Texas
Corporate Publisher:

Texas A&M Transportation Institute
Abstract:

While the literature on public-private partnerships (PPPs) argues that the private sector’s life-cycle

approach to design and construction results in operational cost efficiencies, empirical support is

missing. This study explored that issue by conducting a four-prong investigation. First, a literature

review searched for evidence of such efficiencies and methodologies to evaluate them: it found no

empirical evidence of superior operations and maintenance (O&M) cost-efficiency in PPPs. Second,

a simple methodology to evaluate life-cycle cost-efficiency is proposed, but adequate data and

assumptions about O&M costs are needed. Third, since PPP projects in the U.S. are recent and

currently subject to routine O&M, indicators to compare those costs were proposed as well. Fourth, a

case study compared the routine O&M costs of a PPP to those of a system of traditionally delivered

toll roads. The results showed that the PPP was more cost-efficient in operating expenditures

(OPEX) per mile (-60%) and per lane-mile (-53%). The traditional system was more cost-efficient in

OPEX per vehicle miles travelled (97%), toll transactions (332%), and toll revenue (20%). However,

those three indicators depend on traffic volumes, which were overwhelmingly greater on the

traditional system. While the case study showed cost-efficiency differences between public and

private sectors, additional research is needed to empirically test the hypothesis of the private sector’s

greater efficiency. Understanding the differences in cost-efficiency between publicly and privately

managed roads will help decision-makers to minimize the life-cycle cost of their investments.
Format:

PDF
Funding:

DTRT12-G-UTC06
Collection(s):

University Transportation Centers US Transportation Collection
Main Document Checksum:

[+]

urn:sha256:c40b1566138d9c8c9e2c7f92d7df8f067bf3dd68e09e3a26a3d1a867b5b5070b
Download URL:

https://rosap.ntl.bts.gov/view/dot/28226/dot_28226_DS1.pdf
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Cost-efficiency of highway operations and maintenance of public-private partnerships.

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