The Comparative Benefits of Revenue Risk vs. Availability Payment P3s

A Response to “The Revival of Revenue-Risk Highway P3’s” opinion piece by PWF’s transportation policy columnist Robert W. Poole, Jr. in the November 2017 issue of Public Works Financing newsletter.

The column by Bob Poole extolling the virtues of revenue-risk toll concessions and citing weaknesses in the availability payment (AP) procurement model for large transportation projects drew the thoughtful responses below from four P3 industry veterans:

  • Matt Girard, Group Head, Civil Division, Plenary Group
  • Joe Wingerter, Vice President, Kiewit Infrastructure Group
  • David Spector , Director of the High Performance Transportation Enterprise of Colorado DOT
  • Greg Ciambrone, Senior Managing Director / Vice President at The Walsh Group and Walsh Investors, LLC.

About Bill Reinhardt

Editor of Public Works Financing newsletter
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