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A New Public-Private Partnership Model for Road Pricing Implementation

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  • DeCorla-Souza, Patrick

Abstract

In a public-private partnership (PPP) arrangement providing for financing of highway investment and operations, it will be important to ensure that the public does not perceive that the private sector partner is attempting to maximize profits through excessive peak charges while the public agency does nothing to relieve congestion on free facilities. This paper presents a new PPP model to address this issue, discusses the benefits to be gained from such models, and suggests potential “corridor level” pilot demonstration projects. The paper then assesses the financial self-sufficiency of a region-wide application of the concepts without reliance on public tax support for implementation.

Suggested Citation

  • DeCorla-Souza, Patrick, 2005. "A New Public-Private Partnership Model for Road Pricing Implementation," 46th Annual Transportation Research Forum, Washington, D.C., March 6-8, 2005 208207, Transportation Research Forum.
    • Handle: RePEc:ags:ndtr05:208207
    DOI: 10.22004/ag.econ.208207
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    References listed on IDEAS

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    1. DeCorla-Souza, Patrick & Lee, Susan & Jacobs, Angela, 2005. "Lessons Learned From The Value Pricing Pilot Program," 46th Annual Transportation Research Forum, Washington, D.C., March 6-8, 2005 208175, Transportation Research Forum.
    2. Safirova, Elena & Gillingham, Kenneth & Parry, Ian & Nelson, Peter & Harrington, Winston & Mason, David, 2004. "8. Welfare And Distributional Effects Of Road Pricing Schemes For Metropolitan Washington Dc," Research in Transportation Economics, Elsevier, vol. 9(1), pages 179-206, January.
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