Department Of Transportation - Warning!!
DOT warning You are accessing a U.S. Government information system. This information system, including all related equipment, networks, and network devices, is provided for U.S. Government-authorized use only. Unauthorized or improper use of this system is prohibited, and may result in civil and criminal penalties, or administrative disciplinary action.
The communications and data stored or transiting this system may be, for any lawful Government purpose, monitored, recorded, and subject to audit or investigation. By using this system, you understand and consent to such terms. View User Behavior Rules

        
Skip Ribbon Commands
Skip to main content

Quick Launch

Seminar Details
Seminar Host:

No presence informationWainer, Jordan (VOLPE)

Title:

(SR500A) Revenue Risk Sharing for P3 Projects

Seminar Start Date:


1/26/2017 2:00 PM

Seminar End Time:


1/26/2017 3:00 PM

Location:


Description:

The Build America Bureau, in cooperation with the Federal Highway Administration’s Center for Innovative Finance Support, has released a discussion paper on Revenue Risk Sharing for Highway Public-Private Partnerships. This discussion paper has been developed for transportation professionals who may be involved in a Public-Private Partnership (P3) project. The paper is available at: http://www.fhwa.dot.gov/ipd/p3/toolkit/publications/ During the last decade, several U.S. P3s experienced significant financial stress requiring restructuring. Lately, some private concessionaires have avoided revenue risk P3s, preferring those in which public agencies retain the responsibility for revenues, typically through availability payments. To ensure robust private participation in U.S. P3s – and explore whether there is a “middle ground” between availability payment and revenue risk toll P3s – the Build America Bureau and the Federal Highway Administration (FHWA) are publishing this paper to foster a discussion about sharing downside revenue risk between the public and private partners. The discussion paper evaluates revenue risk sharing mechanisms from both the public and private sector perspectives, applying four criteria -- value for money, fiscal impacts, financeability and ease of implementation. Sasha Page of IMG Rebel, the principal author of the paper, will provide an overview of the paper and answer questions.

Target Audience & Presenters:

OST, State DOT, Field Office, HQ

Format:


Web Conference only

Seats:


500