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Practitioners may use the P3-VALUE 2.1 Analytical Tool to better understand the concepts, inputs, key assumptions and outputs from evaluations of risk, financial feasibility, benefit-cost and "value for money" analyses used to compare the aggregate financial benefits and costs of a P3 alternative with conventional procurement. The P3-VALUE 2.1 Analytical Tool is an Excel-based spreadsheet tool designed to educate the user. As a conceptual educational tool, it is not intended for use in detailed evaluation of actual projects. The P3-VALUE 2.1 Analytical Tool is intended to assist practitioners in the planning and high-level screening evaluation of P3 procurements.
A webinar series delivered by the Build America Bureau and FHWA demonstrates the features of P3-VALUE 2.1.
The P3-VALUE 2.1 User Guide and Concept Guide introduce users to the methods used in P3 evaluation. The Guides explain how the P3-VALUE 2.1 Analytical Tool can help users understand the processes and considerations that go into a rigorous quantitative analysis of P3 procurement options for transportation projects. They explain the inputs, assumptions, and outputs of the tool, and the concepts behind the methodologies used in the tool.
The P3-VALUE 2.1 Quick Start Guide provides a brief overview of the P3-VALUE 2.1 tool and describes a series of basic step-by-step instructions used to navigate the inputs and outputs of the tool.
This tool has four components:
P3-VALUE 2.1 also has a simplified inputs option that allows the user to perform a simplified high-level analysis of financial viability, value for money, and benefit-cost analysis without having to enter all inputs required for more detailed analysis.