| Title | Public-Private Partnerships (P3s): Quick Facts |
|---|---|
| Record ID | 74766 |
| Personal Name Contributor |
DeCorla-Souza, Patrick T.; Sullivan, M. |
| Corporate Creator | United States. Department of Transportation. Federal Highway Administration. Office of Innovative Program Delivery |
| Publisher | United States. Department of Transportation. Federal Highway Administration. Office of Innovative Program Delivery |
| Publication Date | 20170101 |
| Language | English |
| Abstract | Public–Private Partnerships (P3s) are contractual agreements between a public agency and a private entity that allow for greater private participation in the delivery of transportation projects. Typically, this participation involves the private sector taking on additional project risks, such as design, construction, finance, long-term operation, and traffic revenue. At present, there are more than 40 current or anticipated P3 projects involving private financing in the U.S. portfolio. Generally, the value of each of these P3s ranges from a few hundred million dollars to a few billion dollars. |
| Rosap ID | dot:55643 |
| Rosap URL | https://rosap.ntl.bts.gov/view/dot/55643 |
| TRT Terms | Public private partnerships; Infrastructure; Government agencies |
| Geographical Coverage |
United States |
| Resource type | Brief |
| URL | https://ntlrepository.blob.core.windows.net/lib/74000/74700/74766/techtools_P3s.pdf |
| Format | |
| Database | NTL Digital Repository |