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Public-Private Transportation Partnerships Around the World
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Editors: George T. Telliford
Book Description:
Transportation 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).


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Table of Contents:
Preface
1. INTRODUCTION pp. 1-6
Purpose and Objectives
Scope and Methodology
International PPP Program and Project Case Studies and Cameos
Structure

2. PUBLIC-PRIVATE PARTNERSHIPS IN SURFACE TRANSPORTATION pp. 7-38
Background
Road-Related PPP Activity around the World since 1985
Definition and Types of PPPs
Alternative PPP Arrangements
Benefits of PPPs
Risks of PPPs
Critical Success Factors

3. TRANSPORTATION PPP CASE STUDIES FROM ENGLAND pp. 39-76
Highway System Overview
Highway PPP Program Overview
PPP Highway Project Case Studies in England
M6 Tollway
QE2 Dartford Bridge
Second Severn Crossing Bridge
M1-A1 Link

4. TRANSPORTATION PPP CASE STUDIES AND CAMEOS FROM OTHER
COUNTRIES pp. 77-124
Overview of Transportation PPPs in Australia and New Zealand
Transportation Project PPP Case Studies from around the World
Sydney Harbor Tunnel (Sydney, New South Wales, Australia)
Melbourne Citylink (Melbourne, Australia)
Country Park Motorway (Hong Kong, China)
Yitzhak Rabin Trans-Israel Highway 6 (Tel Aviv, Israel)
Second Vivekananda Bridge (Kolkata, India)
International PPP Case Studies Report

5. GLOBAL TRANSPORTATION PPP EXPERIENCE pp. 125-142
Historical Summary of Global Road-Related PPP Activity
Global Overview of Current Road-Related PPP Activity by Region
Implications

6. RESULTS AND CONCLUSIONS pp. 143-163
Issues and Strategies to Address Them
Results of International Transportation PPP Projects
Lessons from International Transportation PPP Projects
Conclusions

APPENDIX A - GLOSSARY OF TERMS
APPENDIX B - LIST OF ACRONYMS
APPENDIX C - BIBLIOGRAPHY
Index

   Binding: Hardcover
   Pub. Date: 2009 - 2nd Quarter
   Pages: 195 pp.
   ISBN: 978-1-60692-589-8
   Status: AV
  
Status Code Description
AN Announcing
FM Formatting
PP Page Proofs
FP Final Production
EP Editorial Production
PR At Prepress
AP At Press
AV Available
  
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