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Public-private partnership oversight : how FHWA reviews P3s.

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English


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  • Abstract:
    A growing number of State and local transportation agencies are considering the use of public-private ; partnerships (P3s), in which a private entity is involved in designing, financing, constructing, operating, ; and maintaining a transportation facility to address transportation needs. With rare exception, P3 projects ; receiving Federal-aid or credit assistance are subject to the same Federal regulations and requirements ; as other, traditional Federal-aid projects. Differences in the way P3s and traditional Federal–aid projects ; are procured, financed, and implemented raise important regulatory issues that Federal Highway ; Administration (FHWA) staff take into consideration as they ensure effective Federal stewardship of P3 ; projects in conjunction with the State or local transportation agencies. This guidance document is a ; reference to help State and local transportation agencies and the private sector understand how FHWA ; conducts stewardship and oversight of Federal-aid projects where P3s are being considered or ; implemented.
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    Filetype[PDF - 1.18 MB]
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    urn:sha-512:5eb1554f63a9aa188b9c8e472b6bdeefbb966e893433dbc1cb85ccdbdb524c46ccc8b4e144e9fa882574c2fddb9f023bf00f06de4c23ba3de6761c21c1536eac
File Language:
English
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