This report to Congress by the US Department of Transportation examines the growing use of public–private partnerships (PPPs) for transit capital projects to provide significant new sources of funding for transit, help address the country's urban congestion crisis and enhance mobility in many of the country's metropolitan areas.
It examines the costs, benefits and efficiencies of using PPPs for transit projects and their relative advantages for expediting public transit capital projects and improving service delivery.
The report discusses various types of PPPs that can be used in transit capital projects and presents the impacts of using PPPs for transit capital projects in terms of costs, benefits, efficiencies, and effectiveness. It also discusses risk sharing, technical and operational considerations, cultural and political environment and public service impacts.
The report then examines the legal and institutional issues and impediments to the use of PPPs for transit capital projects and suggests ways to overcome these issues to facilitate greater application of PPPs to the transit industry.