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Establishing a public-private partnership program : a primer.

Filetype[PDF-390.25 KB]


  • English
    • Details You May Also Like

    Details:

    • Corporate Creators:
      United States. Federal Highway Administration
    • Subject/TRT Terms:
    • Resource Type:
      Tech Report
    • Geographical Coverage:
      United States
    • Corporate Publisher:
      United States. Federal Highway Administration
    • Abstract:
      Establishing a Public-Private Partnership (P3) program within a public agency involves issues from

      enabling legislation through identification, evaluation, negotiation and management of P3 projects.

      Public agencies will need:

       A legal framework to establish and enforce long term P3 agreements;

       Policies, processes, and tools to guide policy decisions;

       Technical skills to identify, develop and evaluate P3 projects and to negotiate agreements; and

       Skilled staff to manage and oversee projects over the long-term.

      This primer explores key issues involved in establishing a P3 program at a public agency with a

      focus on P3s for new capacity for highway infrastructure.

      Building the organizational capacity needed to develop P3s while protecting the public interest

      presents a major challenge to transportation agencies. Transportation agencies will need capabilities

      they have not traditionally possessed in order to identify and develop projects and negotiate and

      manage agreements with private partners. Agencies will need to acquire or develop new policy,

      legal, technical, financial and managerial skills and establish processes and structures, such as

      specialized P3 units, that allow them to apply those skills in a multidisciplinary way.

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      PDF
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