Respondent #7

Type of Organization

Other;commercial bank

Top benefits of PPP

The key feature is bringing private money to Infrastructure that governments at all levels from Federal down to local do not have the money to improve, let alone provide for growth.

PPP Concern 1

Documents in the P3 arena are very specific about the service level the private firm will provide. The concern is how high and how fast tolls will rise. Clearly if raising tolls were politically expedient we would not need a P3. To much concern about congestion pricing and simply increasing tolls to the point where governmental bodies can provide for repair and growth.

PPP Concern Mitigation 1

Raise the tolls

PPP Concern 2

PPP Concern Mitigation 2

PPP Concern 3

PPP Concern Mitigation 3

PPP Concern 4

PPP Concern Mitigation 4

PPP Concern 5

PPP Concern Mitigation 5

Factors to consider by decision-makers

Long-term costs;

Control of the asset;

Clearly spelled out documents;

Ability to reclaim the asset if there is a failure.

Contract structures/techniques to protect public interests

Other perspectives

In light of the fact that we can't just raise tolls the P3

is the next best answer. Over time these deals will be negotiated in a better fashion than the [state] Toll Road.