A PPP in transportation consists of several participants that come together to deliver a specific project, including:
• Public sector decision makers (i.e., members of the legislature);
• State or public toll authority (project sponsor);
• Equity participants, such as:
- Integrated transportation companies,
- International construction companies,
- Funds, and
- Developer/concessionaire.
• Lenders (e.g., commercial banks);
• Design and construction companies;
• Operating companies.