Transportation Issues Daily
January 18, 2012
By Larry Ehl
The Heritage Foundation has published a lengthy and nuanced view explaining and promoting the expanded used of public private partnerships (P3s) to help fund the federal transportation program. The Policy Brief also includes a good overview of how the House and Senate authorization proposals treat P3s.
The Brief also summarizes the recent history of transportation P3s, although there’s no discussion of the problematic projects such as California’s SR 91 (Orange County) and SR 125 projects and the controversial Indiana Toll Road project. For brief discussions of those projects see “The Limitations of Public-Private Partnerships: Recent Lessons from the Surface Transportation and Real Estate” (summary) (32-page pdf)... FULL ARTICLE
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Wed, January 18, 2012
by John Cox