Infrastructure Development & Management Strategies

A recent Federal Highway Administration (FHWA) report on PPPs, co-authored by F2I2’s director Prof. Michael J. Garvin, continues to attract substantial attention from the public and private sectors.  “Public-Private Partnerships for Highway Infrastructure: Capitalizing on International Experience” outlines the state of practice in countries with decades of PPP experience and shares recommendations for the US [...]

Here is a brief round-up of recent news reports related to US PPP policy:
- On June 1st, the New York Commission on State Asset Maximization released a Final Report, discussing the prospects of maximizing the assets of New York using public private partnerships. The 86-page report provided PPP policy guidelines and recommendations and identified potential [...]

In the latest chapter of its roller-coaster procurement saga, the Port of Miami Tunnel PPP reached commercial close this week, meeting a crucial deadline stipulated by the Florida Department of Transportation (FDOT).  According to the Miami Herald, the private-sector consortium of Bouygues and Meridiam Infrastructure must also achieve financial close for the project by October [...]

Yesterday Florida’s governor signed into law the wide-ranging transportation bill CS/HB 1213, among whose provisions is a clause exempting PPP concessionaires from property taxes on their facilities:
“Because the Legislature recognizes that private entities or consortia thereof would perform a governmental or public purpose or function when they enter into agreements with the department to design, [...]