What activities can be included in PPI contracts and how are they typically combined?
Public-private initiatives can be applied to a large range of transportation functions across all modes including: Project conceptualization and origination; Design; Financial Planning and finance; Construction; Operation; Maintenance; Toll Collection; and, Program Management. These activities are typically bundled into contract packages reflecting the public agency’s objectives related to: schedule and cost certainty; innovative finance; or transfer of management and/or operational responsibility. Typical procurement packages include: • Private sector operations and maintenance on a performance basis; • Private sector program management for a fee and/or with program costs and schedule maintenance incentives; • Design-build for fixed fee on fixed time frame; • Project build-operate-transfer (BOT); • Design-build finance-operate-transfer (DBFO); and, Build-own-operate (BOO).
