 |
 |
USDOT Home | FHWA Home | Feedback |
FHWA encourages the consideration of public-private partnerships (P3s) in the development of transportation improvements. Early involvement of the private sector can bring creativity, efficiency, and capital to address complex transportation problems facing State and local governments. The Office of IPD provides information and expertise in the use of different P3 approaches, and assistance in using tools including the SEP-15 program, private activity bonds (PABs), and the TIFIA Federal credit program to facilitate P3 projects.
DC Streets
Washington, D.C. has transferred responsibilities for maintaining its roadway infrastructure to a private highway asset management firm. Its private sector partner is responsible for the maintenance of all city streets, tunnels, pavements, bridges, roadside features (curbs, gutters, and retaining walls), pedestrian bridges, roadside vegetations, guardrails, barriers, impact attenuators and signs in the District. In addition, the contract also includes city-wide snow and ice control responsibilities. Read case study
Hudson-Bergen LRT Line
NJT Hudson-Bergen LRT vehicle at 34th Street Station in Bayonne, New Jersey. The $1.1 billion, 9.5-mile initial operating segment was procured using innovative 15-year DBOM contract, resulting in an estimated 8 years in savings compared to a traditional multiple design-bid-build approach. Read case study
Las Vegas Monorail
This innovative DBFO P3 project was financed using tax exempt debt issued by a 63-20 public benefit corporation backed by future fairbox revenue. The casinos served by the monorail and the private construction/operation consortium provided additional subordinated debt. Read case study
Las Vegas Monorail
This innovative DBFO P3 project was financed using tax exempt debt issued by a 63-20 public benefit corporation backed by future fairbox revenue. The casinos served by the monorail and the private construction/operation consortium provided additional subordinated debt. Read case study
Pocahontas Parkway
The Virginia I-895 Pocahontas Parkway high level crossing of the James River in Richmond, VA. This $354 million project was financed by tax-exempt toll revenue bonds issues by a 63-20 corporation. It is the first transportation project implemented under Virginia's Public-Private Transportation Act of 1995 (PPTA). Read case study
Florida Avenue Bridge, Louisiana TIMED Program
Rendering of the Florida Avenue Bridge at the Port of New Orleans, one of the main components of the TIMED program, the Louisiana Department of Transportation and Developments innovative capital program financed by a 4 cent gas tax and expedited by a partnership with a private program manager. Read case study
Hiawatha Light Rail
The 12-mile, 17 station Hiawatha Light Rail system links downtown Minneapolis with Minneapolis-St. Paul International Airport and the Mall of America. The project utilized two separate design-build contracts for light: one for rail vehicles, and one to place rail and signal and communication equipment along the alignment. Due to high risk levels, tunnels and stations bored below the airport were procured using the traditional design-bid-build model. Read case study
Hiawatha Light Rail
The 12-mile, 17 station Hiawatha Light Rail system links downtown Minneapolis with Minneapolis-St. Paul International Airport and the Mall of America. The project utilized two separate design-build contracts for light: one for rail vehicles, and one to place rail and signal and communication equipment along the alignment. Due to high risk levels, tunnels and stations bored below the airport were procured using the traditional design-bid-build model. Read case study
Massachusetts Route 3 North
Financed using tax-exempt 63-20 debt, leveraging lease payments pledged by the Massachusetts Highway Department, the Route 3 North project is widening an existing 21-mile highway north of Boston from two to three lanes in each direction. The project includes the creation of a 30 foot median to accommodate fiber optic line and other utilities, and the replacement of 40 bridges. Read case study
E-470
The E-470 is a 47-mile orbital toll road running along the eastern perimeter of the Denver metropolitan area. The tollway was financed entirely by private enterprise and the E-470 Public Highway Authority using an innovative mix of revenue sources including: tolls: vehicle registration fees, a highway expansion impact fee, and private sector contributions ranging from office space, to right-of-way, property assessments, and monetary donations. Read case study
SR-125
Grading works at Olympic Park Interchange on the SR-125. This innovative DBFO real toll project is being developed by California Transportation Ventures (CTV), a wholly owned subsidiary of Macquarie Infrastructure Group. Financed with a $140 million TIFIA loan, commercial debt, and equity contributions, CTV holds a 35 year franchise to operate the tollroad. Read case study
