• Public-Private Partnerships are a significant tool to help address the state's large and growing highway funding gaps. It is extremely important to keep the PPP option open to both TxDOT and local toll agencies alike.
• Texas can draw on the wealth of experience gained by other jurisdictions, and should create a centralized entity (examples such as Partnerships Victoria or Partnerships BC) to provide technical and process expertise to TxDOT, MPOs and RMAs/Toll Authorities.
• Texas should replace the current Market Valuation process of SB792 with the Public Sector Comparator model and process - with the focus on establishing the threshold level of value for private participants to meet or exceed.
• Revenue sharing is the best way to limit a private company's potential windfall profits, and should replace upfront concession payments.