Operations and Maintenance (O&M): A Comparative Analysis of the Cost-Efficiency of Public Private Partnerships (P3s) and Conventional Project Delivery Model

Gifford, Jonathan L.; Casady, Carter Boon; Sever, M Mustafa

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Operations and Maintenance (O&M): A Comparative Analysis of the Cost-Efficiency of Public Private Partnerships (P3s) and Conventional Project Delivery Model

2023-11-29
By Gifford, Jonathan L. ; Casady, Carter Boon ; Sever, M Mustafa

File Language:

English

Details

Creators:

Gifford, Jonathan L. ; Casady, Carter Boon ; Sever, M Mustafa
Corporate Creators:

George Mason University. Center for Infrastructure Public-Private Partnership Policy
Corporate Contributors:

United States. Department of Transportation. University Transportation Centers (UTC) Program ; United States. Department of Transportation. Office of the Assistant Secretary for Research and Technology ; Pennsylvania State University. Thomas D. Larson Transportation Institute
Subject/TRT Terms:
Resource Type:

Tech Report
Geographical Coverage:

United States
Edition:

Draft Final Report 1/25/2022 – 6/30/2023
Corporate Publisher:

Center for Integrated Asset Management for Multimodal Transportation Infrastructure Systems (CIAMTIS) (UTC)
Abstract:

This research project aimed to assess the operation and maintenance (O&M) performance of privately and publicly operated highway projects while exploring the validity of the Public-Private Partnership (P3) model's purported life-cycle benefits. Following a comprehensive methodology outlined in Chapter 2, the study identified 42 projects with O&M expenditure data. These findings were then consolidated into a database, allowing for an analysis of differences and similarities in the reporting of O&M elements across the identified projects. This analysis revealed inconsistency in the reporting of O&M costs. There is a total of 77 distinct elements reported within the projects' OpEX categories, many of which are nearly identical or fall under other broader categories. While detailed financial reporting is commendable for transparency, the lack of consistency poses challenges for any research endeavor seeking to compare the O&M performance of infrastructure assets.
Format:

PDF
Funding:

69A3551847103
Download URL:

https://rosap.ntl.bts.gov/view/dot/77774/dot_77774_DS1.pdf
File Type:

[PDF - 1.03 MB]
Collection(s):

University Transportation Centers
Main Document Checksum:

urn:sha-512:c2a6d912097966964d249612724ebd05a4528704546003ecf5242b51d972cea7a1710c53cfcde9ab8f922a143a02cf86595324916e93c210b914ed64967f47dc

File Language:

English

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