maintenance, and rehabilitation.
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2015-12-31
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Abstract:Public-private partnerships (PPPs) in transportation infrastructure projects refer to contractual agreements formed
between a public Agency and a private sector entity to allow for greater private sector participation in project
delivery. At the current time, most Agencies do not have a set of straightforward guidelines by which they decide
whether to adopt PPP for a given project, and if to adopt one, which type of PPP should be adopted. Before such a
decision can be made in an informed manner, the Agency needs to develop and implement a PPP evaluation and
decision-support framework that will incorporate the PPP costs and benefits. Such costs and benefits can include
the Agency costs and user costs occurred at the time of the project as well as the risk costs borne by the Agency.
This study develops a PPP evaluation and decision support framework, supported by an Excel-Based Expert
System, which Roadway Agencies can use to decide whether to adopt a PPP
for a given project, and if affirmative, what type of PPP to adopt, such that there is maximum benefit to the
Agency.
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