Do all transportation P3s involve direct user charges?
No. However, any P3 project that involves private sector financing needs a dedicated revenue source to repay any underlying project debt. Direct user charges (tolls) are not the only potential source of debt repayment. Payments may also be provided by the government from either general revenues or specific taxes. Debt service payments can also be met through leasing arrangements, as with the Route 3 North project in Massachusetts.
Related Questions
- I have both a Commodity or Transportation Exchange user name and password AND a Milk Scheduling, Cheese Scheduling, or Milk Receiving & Tracking user name and password. Which one should I use?
- How does American Express verify that charges disputed by Cardmembers involve fraud?
- Do all transportation P3s involve financing?