Public-private partnerships : costs, benefits, and efficiencies / Stephen W. Perl, editor.

Format:

Book

Contributor:

Perl, Stephen W., editor.

Language:

English

Subjects (All):

Public-private sector cooperation.

Physical Description:

1 online resource (137 p.)

Place of Publication:

New York : Nova Science Publishers, Inc., 2010.

Language Note:

English

Summary:

Growing demands on the transportation system and constraints on public resources have led to calls for more private sector involvement in the provision of highway and transit infrastructure through what are known as 'public-private partnerships' (PPPs). A PPP, broadly defined, is any arrangement whereby the private sector assumes more responsibility than is traditional for infrastructure planning, financing, design, construction, operation, and maintenance. This book describes the wide variety of public-private partnerships in highways and transit, but focuses on the two types of highway PPPs that are generating the most debate - the leasing by the public sector to the private sector of existing infrastructure, and, the building, leasing, and owning of new infrastructure by private entities.

Contents:

PUBLIC-PRIVATE PARTNERSHIPS: COSTS, BENEFITS AND EFFICIENCIES ; PUBLIC-PRIVATE PARTNERSHIPS: COSTS, BENEFITS AND EFFICIENCIES ; LIBRARY OF CONGRESS CATALOGING-IN-PUBLICATION DATA; Contents; Preface; Chapter 1 COSTS, BENEFITS, AND EFFICIENCIES OF PUBLIC-PRIVATE PARTNERSHIPS FOR FIXED GUIDEWAY CAPITAL PROJECTS ; 1. Introduction; A. Purpose; B. Scope; 2. Types of PPPs in Transit; A. PPPs Defined; B. Types of PPPs; Design-Bid-Build; Design-Build; Design-Build-Operate-Maintain and Build-Operate-Transfer; Design-Build-Finance-Operate and Design-Build-Finance-Operate-Maintain; Build-Own-Operate

3. Implications of PPPs on Transit Costs, Benefits, Efficiencies, and EffectivenessA. Cost Impacts of PPPs on Transit Projects and Services; i. Reduced Direct Costs; ii. Lower Indirect Costs; iii. Lower Life-cycle Costs; B. Benefits of PPPs on Transit Project Delivery Schedules and Revenue; i. Reduced Project Duration; ii. Agency Revenue and Ridership Enhancement; iii. Project Funding Enhancement (Subsidy Minimization); C. Impacts of PPPs on Transit Project and Service Efficiencies; i. Improved Operating Efficiency; ii. Integrated Development and Delivery; iii. Risk Transfer

D. Impacts of PPPs on Transit Project and Service Effectivenessi. Service and Social Benefits; ii. Project Quality; E. Summary of Quantitative Impacts of Transit Capital PPP Projects; F. Other Impacts of PPPs for Transit; i. Risk Sharing; ii. Procedural and Institutional; Lack of Internal Expertise or Experience; Public-Public-Private Partnerships; Obsolete Bureaucratic Processes; Integration Challenges; Contractor-Subcontractor Integration Challenges; PPP Impacts on New Starts Evaluation and Rating Process; iii. Technical and Operational; iv. Cultural and Political; Regulatory Process

Other StakeholdersPolitical Conflicts; v. Public Service; 4. Legal and Institutional Issues for Applying PPPs to Transit Projects and Services; A. Legal and Regulatory Issues Facing Transit PPPs; B. Authority under State and Local Laws; i.State Legal Authority to Use PPPs; ii. Local Legal Authority to Use PPPs for Transit Projects; iii. Key Legal Issues for PPPs under State and Local Laws; Procurement Methodologies; Surety Bonding Requirements; Flexibility in Project Delivery Systems; Other Legal Obstacles to Transit PPPs; C. Federal Statutory and Regulatory Requirements

i. Procurement Rules and Alternative Project Deliveryii. PPP Contracting and the Environmental Process; NEPA Regulations and FTA Implementation; FTA's Pilot Program Notice; iii. Sequential Approach to Stages of Project Planning; iv. FTA's Due Diligence Process; Existing Procedures; Differences between PPP Projects; FTA's Pilot Program Notice; v. FTA Bonding Requirements; vi. Use of Program Income; vii. Other Federal Statues and Regulations Impacting Use of PPPs for Transit; Buy America Act; Davis-Bacon Act; Labor Protection; viii. Institutional Resources to Manage PPP Projects

D. Legal Implications for Transit Projects Delivered using PPPs

Notes:

Description based upon print version of record.

Includes bibliographical references at the end of each chapters and index.

Description based on print version record.

ISBN:

1-61761-153-0