Finance, Stakeholder Alignment, Governance
Edited by Raymond E. Levitt, W. R. Scott and Michael J. Garvin
Chapter 11: Private participation in US infrastructure: the role of regional PPP units
More than 30 states in the United States (US) have adopted public_private partnership (PPP) enabling laws designed to create a stable legal structure and institutional framework to attract long-term investment in public infrastructure projects. However, to participate more effectively in supporting PPP program and project development, many advanced countries, such as Canada and Australia, have created regional units to better assist the development and implementation of PPP projects. Such units can assist individual projects by increasing public sector expertise and capacity to help reduce contracting and oversight risks, keep abreast of best practices from other jurisdictions, and aid in marketing regional opportunities for infrastructure development. Based on the example of the Western High Speed Rail Alliance and the West Coast Infrastructure Exchange, a possible seven-region PPP system is proposed to plan, guide and support PPP development in the US.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.