Financial structuring and assessment for public–private partnerships : a primer.
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Financial structuring and assessment for public–private partnerships : a primer.

Filetype[PDF-770.13 KB]

  • English

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    • Abstract:
      The Federal Highway Administration’s (FHWA’s) Office

      of Innovative Program Delivery (IPD) assists States

      and local governments in developing knowledge, skills,

      and abilities in innovative finance techniques. Public–private

      partnerships (P3s) are one form of innovative finance. IPD

      supports the research and development of tools to facilitate

      consideration and implementation of P3s, assists in building

      the capacity of practitioner communities, develops and implements

      Federal policy on P3s, and collaborates with State and

      local partners to communicate the various aspects of P3s to

      elected officials, transportation leaders, and the public.

      A key IPD activity is the development of a series of

      primers to (a) assist in understanding P3s, (b) provide key

      considerations in establishing a P3 program, and (c) show

      how to compare a P3 procurement option with the conventional

      approach. This primer is part of the series. Supporting

      guides and a training program are also being developed.

      Other primers and a variety of P3 resources are available via

      the section devoted to P3s on IPD’s Web site at http://

      This primer addresses the issue of financial structuring

      and assessment for P3s. Companion primers on the topics of

      Value for Money (VfM) analysis and risk assessment for P3s

      are also available as part of this P3 primer series. P3s, risk

      assessment, and VfM analysis—and their interrelationships—

      are briefly described in the following sections.

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