ART - MAKING SENSE OF PUBLIC-PRIVATE PARTNERSHIPS (P3s), 2016

The document titled "07-14_FOR_POSTING_OWEBSITE-Changes_accepted.pdf" is a report from the Congressional Budget Office (CBO) in Washington, DC. It discusses the use of public-private partnerships (P3s) for carrying out highway projects. The report provides detailed information on the benefits and risks associated with P3s and offers recommendations for improving transportation infrastructure through these partnerships. The document is part of a larger body of literature on P3s, including books such as "The Routledge Companion to Public-Private Partnerships" and "Private Financing of Public Infrastructure: Risks and Options for New York State." It also references various reports and articles on the topic, including those from the Eno Center for Transportation, the Florida Department of Management Services, and Moody's Investor Service. The report highlights the growing importance of P3s not only in the United States but also internationally. It provides insights into best practices and legislation related to these partnerships. Additionally, the document mentions a specific article titled "The Role of Risk Allocation in Public-Private Partnerships Contracts" published in the Journal of Public Procurement, which further contributes to the understanding of P3s. Overall, the document serves as a comprehensive resource for understanding the use of P3s in highway projects, offering valuable insights, recommendations, and references to other relevant literature.