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Posts Tagged ‘PPPs’

Successful Strategies for Broadband Public-Private Partnerships

Thursday, August 4th, 2016
Spectrum of Cooperation for Local Networks

…most Americans continue to only have one option for high-speed Internet access, according to the Federal Communications Commission, often a cable network with limited upload speeds. Smart cities are realizing they need to act or risk being left behind. However, many do not want to embrace the purely municipal model, where the city would engage in direct competition with existing providers…One way for those communities to move forward is with a public-private partnership (PPP). But for all the excitement around this model, there are few concrete examples from which to draw lessons.

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The Lessons of Long-Term Privatization: Why Chicago Got it Wrong and Indiana Got it Right

Friday, July 29th, 2016
manhattan institute - parking meters

Today, cash-strapped U.S. cities and states are selling or leasing government assets, particularly transportation infrastructure. The sale or lease of such assets can be beneficial to the public; but the long-term nature of these deals makes them potentially far more risky than contracts to run bus service or repair city-owned vehicles.

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Paying for Local Infrastructure in a New Era of Federalism

Wednesday, May 18th, 2016
Paying for local infrastructure in a new era of federalism

NATIONAL LEAGUE OF CITIES
Most cities are limited in terms of the number and scope of infrastructure funding tools. Cities also face additional implementation hurdles like county administration overlays and voter approval requirements. Of course, cities are marrying the tools explored here with others, but a patchwork of tactics will only take them so far. Cities need a more deliberate approach that recognizes the central role of infrastructure in the success of our nation’s economic engines…This report presents a state-by-state analysis and comparison of the local tools to fund infrastructure, including local option taxes and fees, such as sales taxes, fuel taxes and motor vehicle fees, as well as emerging mechanisms like state infrastructure banks and public-private partnerships.

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National Parks and Infrastructure: Should Park Funding be a Private Affair?

Tuesday, May 17th, 2016
National Park Service - Find Your Park

To keep parks open, we have to find a sustainable funding source for maintenance and operations. If Congress can’t approve more appropriations for the parks, the NPS will be forced to make systemic changes. The slope is already sliding toward private investment, but it’s up to the American people (and policymakers) to decide what will ultimately happen.

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PBS Newshour: Should the private sector help rebuild American infrastructure?

Tuesday, April 26th, 2016

As the U.S. grapples with a growing list of transportation infrastructure needs and limited public funds, more states are looking to public-private partnerships as a means of fixing and replacing aging bridges, tunnels and roads. But is there a downside for taxpayers? NewsHour Weekend’s Christopher Booker reports.

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Guest on The Infra Blog: Andrew Curtis Right, Executive Director, Build America Transportation Investment Center (BATIC)

Wednesday, November 18th, 2015
Andrew Curtis Right, Executive Director, BATIC

Andrew Curtis Right is Counselor to the U.S. Secretary of Transportation and Executive Director of the Build America Transportation Investment Center. The Build America Transportation Investment Center serves as the single point of contact and coordination for states, municipalities and project sponsors looking to utilize federal transportation expertise, apply for federal transportation credit programs and explore ways to access private capital in public private partnerships.

“If you’re going to build a road today you’ve got to bid out the contract, and someone has to pay for it. And in the past the money has typically come from the Highway Trust Fund, or from the federal government, or from state and local taxes, et cetera. Going forward, the issue is a P3 really involves a different layer of procuring and risk sharing, and effectively of financing, where the state or the municipality or the sponsor doesn’t have to pay up front as part of a contract…”

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Private Capital, Public Good

Tuesday, December 23rd, 2014
Figure 1. Different Levels of Private Sector Engagement in PPP Contracts

BROOKINGS METROPOLITAN POLICY PROGRAM
Despite its fundamental and multifaceted role in maintaining national growth and economic health, infrastructure in the United States has not received an adequate level of investment for years. Political dysfunction, a challenging fiscal environment, greater project complexity, and the sheer size of the need across different sectors are forcing leaders across the country to explore new ways to finance the investments and operations that will grow their economies over the next decade…Part of this exploration means new kinds of agreements between governments at all levels and the private sector to deliver, finance, and maintain a range of projects. Beyond simplistic notions of privatization, the interest is in true partnerships between agencies, private firms, financiers, and the general public. Many nations already successfully develop infrastructure in this manner today.

Despite its fundamental and multifaceted role in maintaining national growth and economic health, infrastructure in the United States has not received an adequate level of investment for years. Political dysfunction, a challenging fiscal environment, greater project complexity, and the sheer size of the need across different sectors are forcing leaders across the country to explore new ways to finance the investments and operations that will grow their economies over the next decade.

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