Policy Recommendations for the Transportation Authorization Submitted to the House of Representatives Transportation & Infrastructure Committee
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Policy Recommendations for the Transportation Authorization Submitted to the House of Representatives Transportation & Infrastructure Committee
May 6, 2009
The National Council for Public-Private Partnerships (NCPPP) recommends policy positions that will increase the ability of state and local governmental authorities to engage the private sector in achieving efficient project delivery as well as asset maintenance. Our recommendations focus on what Congress can do during the upcoming Transportation Authorization to empower the United States Department of Transportation to promote an environment at the state and local governmental level that will provide appropriate levels of risk management while protecting the public interests. The following are policy recommendations The National Council for Public-Private Partnerships would encourage the United States Congress to adopt within the Authorization.
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- Expand the Transportation Infrastructure Finance & Innovation Act (TIFIA) Program
- Increase or Remove the Cap on Private Activity Bonds (PABs)
- Adjustments to the Tax Code
- Promote additional Congestion-Relief Programs
- Develop the National Center of Excellence for Public-Private Partnerships
- Provide Federal Guidance for Insurance Coverage for P3 Projects