This book demystifies the innovative solution to the challenges of designing, financing, building, and operating major infrastructure projects. In todayโs world, partnerships between public agencies โ federal, state, and local โ and private companies are an increasingly popular policy tool. At a time when infrastructure in the United States and elsewhere is aging and public budgets are shrinking, public-private partnerships (PPPs) permit planners to leverage limited funds, while private firms embrace these relationships as an unfolding and potentially profitable global market. But what separates a successful partnership from one that fails to deliver on its promise? In this book, the author brings a balanced perspective to the history and development of the PPP movement. He outlines different approaches to defining and planning a PPP, supplemented by a history of PPP toll roads in the United States. He describes the key players in a PPP deal and provides case studies of projects in Virginia, Illinois, Florida, Canada, and Mexico. This compendium of practical detail on public-private partnerships is essential reading for civil engineers, engineering managers, construction contractors, developers, and government officials involved in or contemplating a major infrastructure project.
Content:
• Front Matter
• Preface
• Table of Contents
1. The Public-Private Partnership Movement
2. Tools for Implementing PPPs
3. The Players: Developers and Financers
4. The Federal Role in PPPs
5. Virginia Department of Transportation
6. The Chicago Skyway and the Indiana Toll Road
7. Texas Strategic Plan Includes Public-Private Partnerships
8. Florida's Public-Private Partnership Endeavors
9. What Some other States are Doing
10. The Corridors of the Future
11. Our Neighbors to the South and to the North
12. Looking Down the Road
Index