1 Top Executives Say Current Infrastructure Investment Won't Support Business Growth, Says KPMG
Study," PRNewswire, January 14, 2009 <http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=ind_focus.story&STORY=/www/story/01-14- 2009/0004954443&EDATE>.
2 Building America's Future, "Building America's Future Releases New Poll: Majority of Americans Ready to Pay for Better Infrastructure but Demand Accountability," press release issued on January 8, 2009 <http://investininfrastructure.org/newsroom/pr_010809.pdf>.
3 American Society of Civil Engineers, "2009 Report Card for America's Infrastructure," January 2009 <http://www.asce.org/reportcard/2009/index.cfm>.
4 Kearsarge Global Advisors (in coordination with Abertis, Babcock & Brown, Barclays Capital, Carlyle Infrastructure Partners, Chadbourne & Parke LLP, Citi Infrastructure Investors (CII), Credit Suisse, Debevoise & Plimpton, Freshfelds Bruckhaus Deringer, Fulbright & Jaworski, Mayer Brown, McKennaLong & Aldridge LLP, Merrill Lynch, Morgan Stanley, RREEF, RBC Capital Markets, Scotia Capital, and UBS), "Benefts of Private Investment in Infrastructure," January 21, 2009 <http://www.kga-dc.com/images/benefts_of_private_investment_in_infrastructure.pdf>.
5 Christopher Conkey, "Raising the Federal Gas Tax Is a No-Go," Wall Street Journal, March 4, 2009 <http://online.wsj.com/article/SB123611793346923071.html>.
6 Federal Highway Administration, U.S. Department of Transportation, "USDOT Approves $603 Million Loan to Build New Express Lanes In Florida: Sunshine State Lands Nation's First TIFIA Loan of 2009," March 4, 2009 <http://tifia.fhwa.dot.gov/news/fhwa0709.cfm>.
7 Colin Duffeld, "National PPP Forum - Benchmarking Study, Phase II: Report on the Performance of PPP Projects in Australia When Compared with a Representative Sample of Traditionally Procured Infrastructure Projects," Melbourne Engineering Research Institute, University of Melbourne, December 17, 2008 <http://www.pppcouncil.ca/pdf/australia_benchmarking_survey_12172008.pdf>.
8 The use of land and development opportunity as part of the consideration for services and infrastructure assets generally requires a strong property market. In the current economic climate, depending on the location, this may be challenging. However, as long as valuation expectations are reasonable on all sides, then these options may be considered.