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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.
183-A Turnpike - Austin, TX
The 183-A Turnpike is a new 11.6-mile controlled access north-south tolled highway east of the existing US 183 in metropolitan Austin. This regionally significant project connects to the Central Texas Turnpike System, previously funded in part with TIFIA credit assistance. The project will alleviate congestion and improve safety in a fast growing region that consistently ranks as one of the Nation's most congested.
Anton Anderson Memorial Tunnel - Porter-Whittier, Alaska
The privately operated, 2.6-mile, dual mode Anton Anderson Memorial Tunnel (aka Whittier Tunnel) connects the cities of Porter and Whittier on Prince William Sound, 65 miles southeast of Anchorage, Alaska.
Chicago Region Environmental and Transportation Efficiency Program (CREATE) - Chicago, Illinois
The CREATE project is an innovative P3 involving collaboration between freight railroads, the State of Illinois DOT, the City of Chicago DOT, Metra, and Amtrak. CREATE is maximizing the use of four train transportation corridors, including three primarily handling freight traffic and one primarily handling passenger traffic. The project involves 70 improvements, including rail, auto, and pedestrian grade separations using new overpasses and underpasses, as well as viaduct improvements, grade crossing safety enhancements, and extensive upgrades of tracks, switches and signal systems.
Chicago Skyway - Chicago, Illinois
The Chicago Skyway is a 7.8-mile elevated toll road connecting I-94 (Dan Ryan Expressway) in Chicago to I-90 (Indiana Toll Road) at the Indiana border.
Cooper River Bridge Replacement - Charleston, South Carolina
North America's longest cable stay span replaced the existing truss bridges connecting the City of Charleston and the Town of Mount Pleasant along Highway 17.
DC Streets - Washington, DC
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.
Dulles Greenway - Loudoun County, Virginia
The Dulles Greenway is a 14-mile, limited-access highway extending from the State-owned Dulles Toll Road - which carries traffic between Washington's Capital Beltway and Dulles Airport - to Leesburg. The two roads connect at a toll plaza. Drivers pay one toll, which the operators of the two facilities divide.
E-470 Tollway - Denver, Colorado
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.
Foley Beach Express - Baldwin County, Alabama
The Foley Beach Express (Beach Express) is a 13.5-mile limited access four-lane route from the City of Foley to Orange Beach, Gulf Shores, and Perdido Key in Alabama. It is in alternative to the heavily traveled Highway 59.
Heartland Corridor - Virginia, West Virginia, Kentucky, Ohio
Due to the Norfolk Southern's rail network, the Port of Virginia (Newport News) has always had good rail access to the Midwest markets. The Heartland Corridor project make the most direct rail route to the major markets of Columbus and Chicago accessible to double-stack container trains, shortening the trip to Chicago, for example, by over 200 miles by obviating the need to travel via Harrisburg and then west or to Knoxville and then north.
Hiawatha Light Rail Transit - Minneapolis/St. Paul, Minnesota
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.
Hudson-Bergen Light Rail - Hudson/Bergen Counties, New Jersey
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.
I-15 Corridor Reconstruction Project - Salt Lake City, Utah
The Interstate 15 reconstruction was the Utah Department of Transportation's (UDOT) first design-build procurement. The project involved the reconstruction of 16.2 miles of interstate mainline and the addition of new general purpose and high-occupancy-vehicle (HOV) lanes through the Salt Lake City metropolitan area.
I-495 Capital Beltway HOT Lanes - Fairfax County, Virginia
The I-495 Capital Beltway High Occupancy Toll (HOT) Lanes project is a P3 between VDOT and Capital Beltway Express, LLC, a joint venture of Fluor and Transurban. This team is working in partnership to deliver the most significant improvements to the Capital Beltway (I-495) in a generation. Financing includes the first-ever combination of TIFIA credit assistance and private activity bonds (PABs).
I-595 Corridor Roadway Improvements - Broward County, Florida
The I-595 Corridor Roadway Improvements project consists of the reconstruction and widening of 10.5 miles of the I-595 mainline from the I-75/Sawgrass Expressway to I-95. The project is being implemented as a P3 between FDOT and a private concessionaire, I-595 Express, LLC, to design, build, finance, operate, and maintain the roadway for a 35-year term. FDOT will make availability payments backed by Federal and state resources for the concessionaire's successful completion of construction and ongoing operations. The concessionaire's financing, backed by these availability payments, includes senior bank debt, a TIFIA loan, and private equity.
Indiana Toll Road - Indiana
In operation since 1956, the Indiana Toll Road (ITR) stretches 157 miles across the northernmost part of Indiana from its border with Ohio to the Illinois state line, where it provides the primary connection to the Chicago Skyway and downtown Chicago. The Indiana Toll Road links the largest cities on the Great Lakes with the Eastern Seaboard. Connections with I-65 and I-69 lead to major destinations in the South and on the Gulf Coast.
Intercounty Connector - Maryland
The Intercounty Connector (ICC) is a toll highway under construction in Maryland. The road will link existing and proposed development areas between the I-270/I-370 and I-95/US 1 corridors within central and eastern Montgomery County and northwestern Prince George's County.
Iway (I-195 Relocation Project) - Providence, Rhode Island
The Iway is comprised of 16 individual projects to relocate a 45-year-old 1.6-mile stretch of I-195 and an adjacent 0.8-mile portion of I-95 through Providence, Rhode Island. This $610 million project is financed through GARVEE and motor fuel tax revenue bonds and has won national acclaim for its project management and bridge design and construction.
King Coal Highway - West Virginia
The King Coal Highway is a new four-lane highway approximately 90 miles long running through McDowell, Mercer, Mingo, Wyoming, and Wayne counties along or near currently existing US Route 52. Some of the construction work is being done by local mining companies as they extract coal from the surrounding areas near and on the new highway alignment.
Las Vegas Monorail - Las Vegas, Nevada
The Las Vegas Monorail was originally a joint venture between MGM Grand and Bally's Hotel, creating a one-mile system linking the hotels in 1993. Plans for expansion further along the Strip led to the State of Nevada in 1997 passing legislation that enabled a private company to own, operate, and charge a fare as a public monorail system.
IH 635 Managed Lanes - Dallas County, Texas
The IH-635 (LBJ Freeway) Managed Lanes Project will relieve congestion north of Dallas on a 13-mile stretch of the LBJ Freeway with reconstruction of its main lanes and frontage roads and the addition of six managed lanes along I-635 (subsurface) and I-35E (elevated). The project is being built as a P3 (Comprehensive Development Agreement [CDA]) between TxDOT and LBJ Infrastructure Group, which will operate and maintain the facility for 52 years.
Louisiana TIMED Program - Louisiana (statewide)
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.
New Mexico SR-44 - Northwest New Mexico
US 550/NM SR 44 runs from I-25 in Bernalillo north and west to the New Mexico/Colorado state line. This project involved the widening from two to four lanes of a 118-mile section running northwest from San Ysidro to just outside of Bloomfield, near the Four Corners. The project passed through three counties, four tribe and pueblo lands, and property belonging to the Bureau of Land Management, the U.S. Forest Service, and private owners.
Pocahontas Parkway / Richmond Airport Connector - Greater Richmond, Virginia
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).
Port of Miami Tunnel - Florida
The Port of Miami Tunnel will improve access to and from the Port of Miami, serving as a dedicated roadway connector linking the Port (located on an island in Biscayne Bay) with the MacArthur Causeway and I-395 on the mainland. The project is being developed as a P3 with Miami Access Tunnel, LLC (MAT). The state has agreed to pay for approximately 50 percent of the capital costs (design and construction) and all operations and maintenance, while the remaining 50 percent of the capital costs will be provided by the local governments. FDOT will make milestone payments to MAT at various stages of project development, followed by availability payments during a 30-year concession. Senior bank debt, a TIFIA loan, and private equity have been used to finance the project.
North Tarrant Express - Dallas-Fort Worth Metroplex
On June 23, 2009, TxDOT awarded two Comprehensive Development Agreements (CDAs - equivalent to public-private partnerships) for the North Tarrant Express project to NTE Mobility Partners. The Concession CDA for Phase 1 includes the design, development, construction, finance, maintenance, and operation of 13 miles along Interstate (IH) 820 and State Highway (SH) 121/SH 183 from IH 35W to SH 121, from north of Fort Worth to just southwest of Dallas-Fort Worth International Airport. The duration of the concession is 52 years.
Reno Transportation Rail Access Corridor (ReTRAC) - Reno, Nevada
Traffic congestion and safety concerns brought about the largest public works project ever undertaken in Northern Nevada, the Reno Transportation Rail Access Corridor, or ReTRAC.
Route 3 North - Boston, Massachusetts
Financed using tax-exempt 63-20 debt, leveraging lease payments pledged by the Massachusetts Highway Department, the Route 3 North project involved widening an existing 21-mile highway north of Boston from two to three lanes in each direction. The project included the creation of a 30 foot median to accommodate fiber optic line and other utilities, and the replacement of 40 bridges.
SH 130 (Segments 5-6) - Austin, Texas Metropolitan Area
When fully completed, SH 130 will be a four-lane, 91-mile toll road east and south of Austin designed to relieve congestion on the heavily traveled I-35, the primary north-south route through Central Texas.
SmartWay Upgrade Kits - Oregon
Cascade Sierra Solutions (CSS), a recently established non-profit organization, will be responsible for deploying the SmartWay Upgrade Kits, which can include: engine idle reduction technology, such as an auxiliary power unit, direct fired heater, or truck stop electrification; low rolling resistance tires; advanced aerodynamics for tractors and trailers; exhaust after-treatment devices, such as oxidation catalysts and particulate filters.
South Bay Expressway (formerly SR 125 South) - San Diego County, California
The South Bay Expressway toll road is a 9.3-mile privately-funded southern extension of SR 125, extending from SR 905 near the International Border to SR 54 near Sweetwater Reservoir in San Diego, California. South Bay Expressway, L.P., holds a franchise with the State of California under which it financed and built the highway, then transferred ownership to the State. The limited partnership is leasing back, operating, and maintaining the facility for 35 years. This $658 million transaction was the first P3 financing to include support from the TIFIA program.
South Carolina 27 in 7 - South Carolina
This statewide effort from 1999 to 2008 accelerated the implementation of 200 highway improvement projects worth over $5.0 billion from 27 to 7 years.
Tren Urbano - San Juan, Puerto Rico
The Tren Urbano—or Urban Train in English—is a 10.7-mile (17.2 km) fully automated rapid transit that serves the metropolitan area of San Juan, which includes the municipalities of San Juan, Bayamón, and Guaynabo. It is electrified by third rail at 750 V DC. The Tren Urbano consists of 16 stations along a single line.
Triangle Expressway - Raleigh-Durham, North Carolina
North Carolina's plans for congestion relief just received help from the U.S. Department of Transportation through its approval of a $386 million loan to build two brand new sections of the Triangle Expressway in the Raleigh-Durham area in July 2009.
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