US Highway Facility Partnerships: Recent Experience and New Directions



US Highway Facility Partnerships: Recent Experience and New Directions

Authors

ERICKSON R, Federal Highway Administration, USA

Description

Actual development experience is continuing to evolve in United States (U.S.) public-private partnerships. As many as twelve States have public-private partnership legislation enacted. In several of these States, projects have been proposed and, in some c

Abstract

Actual development experience is continuing to evolve in United States (U.S.) public-private partnerships. As many as twelve States have public-private partnership legislation enacted. In several of these States, projects have been proposed and, in some cases, have run into significant opposition. Other States have only recently passed the enabling legislation and project activity has not yet matured. However, two new private toll roads initiated operations in the U.S. in the past year. Other projects in some States may proceed because they have avoided some of the pitfalls that trapped earlier projects. It is clear that the above information points to the need to continue to explore additional potential avenues for making public-private partnership work.

Individuals from government legislative and policy perspectives, and executives in private sector engineering, construction, and related consulting firms, are analyzing recent experience with public-private partnerships and are trying to determine what works and what does not work. Those involved in developing public private partnership legislation and policy are assessing what projects can increase general welfare and also be acceptable to the general public. And private sector executives are looking for profitable projects that can be approved and developed quickly with less risk than has been demonstrated in recent proposals. This paper provides detail on the United States experience by:

* reviewing specific State programs and individual projects.

* focusing on those characteristics that were significant obstacles to implementation.

* offering lessons learned.

Publisher

Association for European Transport