Overview
Traditionally, private sector participation in surface transportation projects has been limited to separate planning, design or construction contracts on a fee for service basis. An increasing number of public agencies are expanding the role of the private sector by transferring responsibility for services they would typically perform in-house to private sector companies. This is typically done by awarding competitively procured contracts to the bidder providing the best value, reflecting both price and technical qualifications.
Expanding the private sector role allows public agencies to tap private sector technical, management and financial planning expertise in new ways. This can reduce work burdens for agency staff and provide access to innovative technology applications and specialized expertise.
Operations and Maintenance and Program and Financial Management are two functions that some owners are transferring to private sector partners as contract fee services.
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