A Modified P3 Payment Approach

Major concerns associated with both P3 payment methods for new highway infrastructure are well known. For T&R-based methods these concerns include the concessionaire benefitting from inordinate profits and/or toll rate increases. For availability payments the incurring of substantial annual expenditures or government debt, sometimes against a mandated ceiling, is often a concern.


About Bill Reinhardt

Editor of Public Works Financing newsletter
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