原文传递 Valuing Public Sector Risk Exposure in Transportation Public-Private Partnerships.
题名: Valuing Public Sector Risk Exposure in Transportation Public-Private Partnerships.
作者: R. M. Aldrete; A. Bujanda; G. A. Valdex-Ceniceros;
关键词: transportation infrastructure,financial risk exposure,public-private partnerships (ppp)/contingent liabilities, guarantees, policies, agreements, frameworks, evaluation, public sector risk/contingent liabilities, guarantees, policies, agreements, frameworks, evaluation, public sector risk
摘要: This report presents a methodological framework to evaluate public sector financial risk exposure when delivering transportation infrastructure through public-private partnership (PPP) agreements in the United States (U.S.). The framework is based on U.S. and international best practices to quantify public sector risk exposure in infrastructure. Transportation agencies worldwide and across the U.S. are increasingly using PPPs as a mechanism to deliver much needed transportation infrastructure. The key premises behind the increased use of PPPs as project delivery mechanisms are the interdependent concepts of value for money (VfM) and the optimum allocation of project risks to the partner most capable to manage them. Internationally, countries with relatively longer experience in PPPs have devised different methodological approaches to measure and manage risk exposure, and a handful of other countries have developed more sophisticated and well-documented methodologies to value risk in the context of VfM. However, transportation agencies in the U.S. have not developed structured processes to measure risk exposure and to integrate the cost of risk bearing into the process of evaluating PPP projects. More specifically, U.S. transportation agenciesincluding agencies in Texascurrently lack a well-documented approach to consistently evaluate and account for public sector financial risk exposure in a PPP, and a methodology to incorporate the cost of risk bearing in the analysis of PPP projects. / Supplementary Notes: Sponsored by Department of Transportation, Washington, DC. Research & Innovative Technology Administration (RITA). / Availability Note: Order this product from NTIS by: phone at 1-800-553-NTIS (U.S. customers); (703)605-6000 (other countries); fax at (703)605-6900; and email at orders@ntis.gov. NTIS is located at 5301 Shawnee Road, Alexandria, VA, 22312, USA. / NTIS Prices: PC A06 / Corporate Author Code: 015063004 / Classifivation: Unclassified report
报告类型: 科技报告
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