Public-Private Partnerships (P3s): Payment Mechanisms in Public-Private Partnerships (P3s)

United States. Federal Highway Administration. Office of Innovative Program Delivery

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Public-Private Partnerships (P3s): Payment Mechanisms in Public-Private Partnerships (P3s)

2017-01-01
By United States. Federal Highway Administration. Office of Innovative Program Delivery

[PDF-232.89 KB]

English

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Details:

Corporate Creators:

United States. Federal Highway Administration. Office of Innovative Program Delivery
Contributors:

DeCorla-Souza, Patrick T. ; Sullivan, M.

DeCorla-Souza, Patrick T. ; Sullivan, M. Less -
Subject/TRT Terms:

[+]

Government Agencies Infrastructure Payment Public Private Partnerships
Resource Type:

Brief
Geographical Coverage:

United States
Corporate Publisher:

United States. Federal Highway Administration. Office of Innovative Program Delivery
Abstract:

With a form of highway Public–Private Partnership (P3) called a concession, a concessionaire invests its own money (known as equity) and borrows additional funds to pay for construction of a highway project. If the facility is already constructed (e.g., an existing toll road), the concessionaire uses a combination of equity and debt to pay the public partner for the right to operate the facility for a specified period of time and to collect tolls. If the project needs substantial rehabilitation, the concessionaire may use some of the funds raised from debt and equity to pay for construction.
Format:

PDF
Collection(s):

Federal Highway Administration
Main Document Checksum:

[+]

urn:sha256:12e5dae85a4167841ce67e916ec8160afb95f9d0d493a0666eb3f0b504f06355
Download URL:

https://rosap.ntl.bts.gov/view/dot/55645/dot_55645_DS1.pdf
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No Additional Files

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Public-Private Partnerships (P3s): Payment Mechanisms in Public-Private Partnerships (P3s)

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