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://

    www.fhwa.dot.gov/ipd/p3/index.htm.

    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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