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With its central role in the development of public-private partnership (PPP) contracts, procurement structure has a significant influence on the economic and policy success of privately-financed toll roads throughout their lifecycle. Following a review of PPP fundamentals and the public-policy...
Persistent link: https://www.econbiz.de/10009433934
Infrastructure management must move from a perspective that may singularly emphasize facility condition assessment to a broader view that involves nonphysical factors, which may substantially impact facility performance and shorten its service life. Socioeconomic, technological, regulatory, and...
Persistent link: https://www.econbiz.de/10009433972
Abstract State transportation authoritiesâ reliance on traditional financing mechanisms such as gas taxes and federal support has waned of late as these mechanisms have proved insufficient to keep pace with the escalating demand for transportation infrastructure in the United States. As a...
Persistent link: https://www.econbiz.de/10009434109
Increasingly, states are relying on creative financing and asset management to maintainand improve the nationâs transportation infrastructure since budgetary challenges constrain potential options. One method of tapping into alternative sources of capital is the public-private partnership (PPP...
Persistent link: https://www.econbiz.de/10009433863