Public-Private Partnerships (P3s): What Are Public-Private Partnerships (P3s)?

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

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Public-Private Partnerships (P3s): What Are 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.
Subject/TRT Terms:

[+]

Government Agencies Infrastructure Public Private Partnerships
Resource Type:

Brief
Geographical Coverage:

United States
Corporate Publisher:

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

Under traditional procurement, private contractors construct projects based on a public design with public financing and turn them over to the public sector upon completion for operations and maintenance. Under P3 models, the private sector may also participate in design, finance, operations, maintenance, and tollrevenue collection. “Availability payments” are a type of long-term lease in which the private sector designs, builds, finances, and operates a facility over a specified term in exchange for an annual payment. Under a toll concession, the private concessionaire receives the right to collect toll revenues from the facility instead of collecting a specified payment.
Format:

PDF
Collection(s):

Federal Highway Administration
Main Document Checksum:

[+]

urn:sha256:12e5dae85a4167841ce67e916ec8160afb95f9d0d493a0666eb3f0b504f06355
Download URL:

https://rosap.ntl.bts.gov/view/dot/55646/dot_55646_DS1.pdf
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Public-Private Partnerships (P3s): What Are Public-Private Partnerships (P3s)?

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