Exhibit 28 lists a representative sample of performance measures for assessing PPP projects relative to the contract agreement terms.
Exhibit 28 - Potential PPP Project Performance Measures
| • Traffic volumes on an annual and peak hour basis, by season • Level of service (extent of congestion) on the facility during peak periods by season • Annual revenues from tolls, concession, and other funding sources relative to projections • Annual lane-miles out of service for incident-based repair and preventive maintenance • Percentage of project financing provided by private sector partners • Ability of project to fully cover debt service costs, contract costs, and coverage levels with a reasonable rate of return on invested capital by the private sector partners • Net increase in capital program due to PPP projects • Project cost relative to engineer's estimate and contract budget • Project duration relative to contract term • Cost per transaction for PPP project operations • Percent of tolls collected by ETC for PPP project facilities • Ratings of bonds sold for PPP project • Proportion of PPP project costs required for contract administration |