Transit Public-Private Partnerships: Legal Issues
TRB’s Transit Cooperative Research Program (TCRP) Legal Research Digest 45: Transit Public-Private Partnerships: Legal Issues identifies the legal issues associated with negotiating public-private partnership (PPP) agreements for transit projects.
The digest explores the rationale for using PPP, innovative contracting and financing approaches offered by PPPs, and transfer of risks from the public to the private sector through PPPs. In addition, the digest provides an overview of the legal barriers that PPPs confront in some states, and how PPPs comply with federal law. Funding of PPPs for transit projects and long-term leasing of transit facilities are also covered in the digest.
This Summary Last Modified On: 3/23/2016