Private financing of public transportation infrastructure utilizing public private partnerships home books private financing of public transportation infrastructure utilizing public private partnerships by edited wendell c lawther and lawrence l martin added january 11 2016. The ncsl report public private partnerships for transportation a toolkit for legislators and related updates provide expert guidance dependable counsel and a compilation of best practices to assist state legislatures as they consider whether and how to pursue ppps in their states. Public private partnership means a project delivery method for construction or financing of capital projects as defined in krs 45750 or procurement of services pursuant to a written public private partnership agreement entered into pursuant to section 3 of this act. Overviewpublic private partnerships p3s are contractual agreements between a public agency and a private entity that allow for greater private participation in the delivery of projects in transportation projects this participation typically involves the private sector taking on additional project risks such as design construction finance long term operation and traffic. lawrence l martin state enabling legislation for public private partnerships lawrence l martin and joseph saviak internationally recommended best practices promising practices in transportation infrastructure financing public private partnerships lawrence l martin wendell c lawther graeme a hodge and carsten greve case
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