Evaluating the role of private investment in infrastructure assets.
Advanced Search
Select up to three search categories and corresponding keywords using the fields to the right. Refer to the Help section for more detailed instructions.

Search our Collections & Repository

For very narrow results

When looking for a specific result

Best used for discovery & interchangable words

Recommended to be used in conjunction with other fields

Dates

to

Document Data
Library
People
Clear All
Clear All

For additional assistance using the Custom Query please check out our Help Page

ROSA P serves as an archival repository of USDOT-published products including scientific findings, journal articles, guidelines, recommendations, or other information authored or co-authored by USDOT or funded partners. As a repository, ROSA P retains documents in their original published format to ensure public access to scientific information.
i

Evaluating the role of private investment in infrastructure assets.



English
Details You May Also Like

Details:

  • Creators:
  • Corporate Creators:
    Cornell University
  • Corporate Contributors:
    United States. Federal Highway Administration
  • Subject/TRT Terms:
  • Resource Type:
    Tech Report
  • Geographical Coverage:
    United States
  • Corporate Publisher:
    University Transportation Research Center
  • Abstract:
    Public Private Partnership (P3) projects are likely to fundamentally impact entire

    transportation systems. However, most studies are focused on system modeling rather than

    policy analysis, and few studies have examined the impacts of P3s on real-size

    transportation networks. Policy guidance for devising and administering P3 contracts to

    improve transportation system performance while maintaining profitability is lacking. Using

    the transportation network of Fresno, a middle-sized city in California as an example, this

    study considers alternative P3 approaches for profit maximization and system cost

    minimization at full urban transportation network scales. Based on system modeling results,

    we offer the following recommendations for policy makers to design and promote

    successful P3 projects in urban environments: (1) to promote a profitable and a socially

    beneficial system, toll rates should be set between profit-maximizing and system-optimal

    rates; (2) even though tolls (i.e., higher travel costs) on a few roads helps reduce travel

    demand they may, counter-intuitively, lead to higher total travel cost for the transportation

    system as a whole; (3) lower limit(s), in addition to upper limit(s), for tolls may be required

    to enforce system-optimal tolling and avoid undercutting; (4) a variable tolling scheme (i.e.,

    temporally and spatially varying tolls) significantly reduces congestion and increases profits

    relative to flat tolls; and (5) public officials should provide a comprehensive plan regarding

    past, current, and future P3 projects along with detailed system-wide impact analysis of

    project implementation in order to promote a more sustainable transportation system.

  • Format:
    PDF
  • Funding:
    49198-19-26
  • Collection(s):
  • Main Document Checksum:
  • Download URL:
  • File Type:
    Filetype[PDF-2.25 MB]

You May Also Like

Checkout today's featured content at