Public-Private Partnerships (P3s): Federal-aid Funding and Availability Payments
Advanced Search
Select up to three search categories and corresponding keywords using the fields to the right. Refer to the Help section for more detailed instructions.

Search our Collections & Repository

All these words:

For very narrow results

This exact word or phrase:

When looking for a specific result

Any of these words:

Best used for discovery & interchangable words

None of these words:

Recommended to be used in conjunction with other fields



Publication Date Range:


Document Data


Document Type:






Clear All

Query Builder

Query box

Clear All

For additional assistance using the Custom Query please check out our Help Page


Public-Private Partnerships (P3s): Federal-aid Funding and Availability Payments

Filetype[PDF-282.77 KB]

  • English

  • Details:

    • Contributors:
    • Resource Type:
    • Geographical Coverage:
    • Abstract:
      The Federal Highway Administration (FHWA) recently implemented a policy that will allow State Departments of Transportation (DOTs) to use Federal-aid funds in innovative long-term contracts with private developers. In such agreements, the State grants exclusive rights (a “concession”) to a developer—concessionaire—who assumes responsibility for the highway’s construction, operations, and upkeep. Such contracts often allow the concessionaire to collect tolls, but tolling may not prove suitable for every project. Instead, some States agree to regularly scheduled payments (“availability payments”) that the concessionaire earns via its ability to make the highway available to the public at prescribed levels of service. The new FHWA policy will allow those considering the availability payment public– private partnership (P3) delivery method to count on a level of Federal assistance comparable with that of a traditional public works project. Although San Francisco’s Presidio Parkway was the first project in the country to use Federal aid for availability payments, these new and expanded policy flexibilities will make it easier for other States to follow suit and take advantage of this form of innovative financing.
    • Format:
    • Main Document Checksum:
    • File Type:

    Supporting Files

    • No Additional Files

    More +

    You May Also Like

    Checkout today's featured content at

    Version 3.26