DOT Offers Model for Flexible Private/Public Partnering
WASHINGTON, D.C. – The U.S. Department of Transportation (DOT) has issued model legislation designed to give states flexibility in working with the private sector.
WASHINGTON, D.C. – The U.S. Department of Transportation (DOT) has issued model legislation designed to give states flexibility in working with the private sector, reports Metro Magazine. The legislation will help states reduce or remove barriers to private-sector investment in transportation infrastructure and management of transportation projects. It is also viewed as a guideline for states to craft laws that are appropriate for their needs, and provides an example for what a public-private partnership agreement might look like.
The legislation will illustrate which modes of transportation would be eligible for private investment, whether or when tolls may be collected, innovative procurement methods, upkeep requirements for leased roads, and provisions to be considered in an agreement with the private sector. The legislation is based on a survey of existing state laws that authorize public-private partnerships in building, owning or operating highways, mass transit, railroads or other transportation infrastructure. More information is available at www.fhwa.dot.gov/ppp/legislation.htm.
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