User Guidebook on Implementing Public-Private Partnerships for Transportation Infrastructure Projects in the United States
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User Guidebook on Implementing Public-Private Partnerships for Transportation Infrastructure Projects in the United States

Filetype[PDF-4.47 MB]



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    Final Report
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  • Abstract:
    The PPP Guidebook addresses the many participating groups, development phases, and institutional factors associated with transportation PPPs. It considers the full life-cycle of PPPs, from development to execution to performance reporting. It discusses statutory, regulatory, financial, and institutional issues that should be addressed to successfully implement and manage PPP projects. The guidebook suggests a general process for developing transportation project PPPs and strategies for overcoming impediments and managing risks faced by public and private sector partners during contract development and project implementation. The guidebook also offers lessons learned during prior or current PPP projects and commentary on possible developments that transportation project sponsors and providers may encounter as alternative project delivery approaches become more prevalent, diversified, and sophisticated. In developing and implementing a PPP project, long-term and near-term issues should be identified and solution strategies developed and applied. These include: · Long-range strategic decisions, such as regulatory structure or tolling strategy, that are generally undertaken by high-level policymakers; and · Short-term tactical issues, such as maintenance schedules, reinvestment strategies, and contract administration and enforcement, that are usually handled by staff analysts. Planning for PPPs should give substantive weight to the perspectives of both public and private sector partners, as well as project stakeholders and the general public. This will help each partner understand and accommodate the most important concerns of the other members of the partnership so that an acceptable arrangement is produced that balances public and private interests
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