01530552

Monograph

http://www.trb.org/Main/Blurbs/170953.aspx

http://www.trb.org/Publications/Blurbs/170953.aspx

Public-private partnerships (PPPs) provide an increasingly important project delivery alternative in a public agency’s toolbox, as a way to implement and finance public projects. One attribute of PPPs is that they enable transit agencies to collaborate with private, for-profit entities to provide increased transit service. Partnering public and private entities share resources, risks, and rewards, and, in so doing, have the potential for allowing the public entity to leverage its funding and provide more transit service. Transit-related PPPs have the potential to involve complex concession agreements in which private entities may design, build, finance, operate, and maintain entire transit corridors or modalities for a transit agency. PPPs can also pose significant legal and practical challenges. Risk, tax and financing, federal and local legal, insurance and labor issues may arise. The objectives of this digest are to identify and discuss legal issues that are presented by PPPs for transit projects. This digest should be useful to transit lawyers, planners, and transit administrators as they assist with negotiating PPP agreements and arranging for implementation of PPP programs.

TCRP Project J-5

English

322p

2014-7

TCRP Legal Research Digest

9780309284073

Web

Appendices; Tables

Concessions; Contract administration; Legal factors; Project delivery; Public private partnerships; Public transit

Administration and Management; Law; Public Transportation; I10: Economics and Administration

TRIS, TRB, ATRI

Jul 18 2014 1:31PM