000			02208nam a2200205Ia 4500
999			_c83774 _d83774
005			20220701210735.0
008			200204s9999 xx 000 0 und d
020			_a9781606925898
082			_a338.928 PUB
100			_a"Telliford, George .T (ed.)"
245		0	_aPublic private transportation partnership around the world/ edited by George T. Telliford
260			_aNew York
260			_bNova Science
260			_c2009
300			_a195 p.
365			_dUSD
520			_aTransportation agencies around the world continue to face fiscal challenges caused by the growing gap between the costs of preserving and expanding highway infrastructure and available highway program funding. The lack of dedicated public funding sources for transportation (in most other countries high motor fuel taxes are generally used non-transportation social programs) and the burdens placed on current transportation infrastructure (both highway and rail) by a growing global economy has long prompted transportation policymakers overseas, especially in Western Europe, to develop and apply alternative ways to finance and deliver needed transportation infrastructure. A number of countries have turned to the private sector for relief in the form of contractual Public-Private Partnerships (PPPs), representing a wide variety of project financing and delivery approaches to access capital markets; implement new technology; and expedite project delivery, operations, and maintenance in a more cost-effective manner. The common element of a PPP is that the public sponsor of infrastructure projects engages the private sector to a greater degree in the performance of certain functions previously handled by the public sector. This can range from contracted maintenance services to full financing, development, operations, and preservation. Some countries have effectively turned over the responsibilities, risks, and rewards associated with performing these functions to private sector through long-term concessions or franchises, whose financing is supported by tolls, shadow tolls, or availability payments (a form of shadow tolls).
650			_aPublic Private Partnership- Transport Sector
942			_cB _2ddc