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

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

File Language:

English

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Corporate Creators:

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

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

Brief
Geographical Coverage:

United States
Corporate Publisher:

United States. Department of Transportation. 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
Download URL:

https://rosap.ntl.bts.gov/view/dot/55645/dot_55645_DS1.pdf
File Type:

[PDF - 232.89 KB]
Collection(s):

Federal Highway Administration
Main Document Checksum:

urn:sha-512:06dc3d940a0925b872417007e7b263f3f11889c55dc02b172f7c45e9517cf169497243d4af5794a90ec9309cbdd7948039a78b7df896855f1559aa9b350c3cd7

File Language:

English

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