This event took place April 4-5, 2018 in Washington, DC (Invitation Only).

Event Description

The Learning Lab format, based on feedback from prior exchanges, provided a unique opportunity for more in-depth, practitioner-driven exploration of how key issues were addressed in actual projects. Invitations were extended to a select group of experienced state DOT officials with responsibility for developing and managing P3 projects, and just a few representatives from states that are new entrants to the P3 market. Facilitators for this event included Morteza Farajian, Ph.D., the Director of the VDOT Office of Public-Private Partnerships, and David Spector, the Director of the Colorado Department of Transportation (CDOT) High Performance Transportation Enterprise. They provided examples from actual P3 projects to help inform candid discussions regarding the challenges and opportunities related to: identifying and developing potential P3 projects, conducting competitive P3 procurements, managing the period between commercial and financial close, and managing project oversight.

• Agenda & Participants (PDF)

Resources

PRE-PROCUREMENT

• Colorado High Performance Transportation Enterprise Resources
  • FY2017 HPTE Annual Legislative Report (January 2018)
  • P3 Management Manual
  • Transparency and Open Records Policies Relating to Public Private Partnerships
  • Project Proposal Guidelines
• VDOT Office of Public-Private Partnerships P3 Forms and Guideline Documents
  • 2017 PPTA Implementation Manual and Guidelines
  • P3 High-Level and Detail-Level Screening Report templates
  • 2017 PPTA Public Engagement Guidelines
  • 2015 P3 Risk Management Guidelines
  • 2016 Value for Money (VfM) Guidelines

• Early Involvement of Private Developers in the Consideration of Long-Term Public-Private Partnership Concession Options (FHWA, 2017)
• Effect of Public-Private Partnerships and Nontraditional Procurement Processes on Highway Planning, Environmental Review, and Collaborative Decision Making (SHRP 2 Report S2-C12-RW-1, 2015)
• Applying Risk Analysis, Value Engineering, and Other Innovative Solutions for Project Delivery (NCHRP Research Report 850, 2017)
• Predevelopment Costs for Public-Private Partnership Projects – Federal-aid Highway Program Eligibilities (FHWA Fact Sheet)

P3 PROCUREMENTS

• Conducting Procurements (FHWA Fact Sheet)
• Availability Payment Concessions Public-Private Partnerships Model Contract Guide – Draft (FHWA, 2015)
• Model Public-Private Partnerships Toll Concessions Contract Guide and Addendum (FHWA, 2014 and 2015)
• Use of Performance Requirements for Design and Construction in Public-Private Partnerships (FHWA, 2016)
• Report on Highway Public-Private Partnership Concessions in the United States (FHWA, 2016)
• Successful Practices for P3s: A Review of What Works When Delivering Transportation Via Public-Private Partnerships (FHWA, 2016)
• Public Transportation Guidebook for Small- and Medium-Sized Public-Private Partnerships (TCRP Research Report 191)

P3 FINANCING

• Guidebook on Financing of Highway Public-Private Partnership Projects (FHWA, 2016)
• Build America Bureau Credit Programs Guide (March 2017)
• Major Project Financial Plan Guidance (FHWA, December 2014)
• Consideration of Tax Issues in Developing and Evaluating Public-Private Partnership
  Concessions for Transportation (FHWA, 2017)
• Funding and Financing Highways and Public Transportation (Congressional Research Service, 2018)
• Evolving Debt Finance Practices for Surface Transportation (NCHRP Synthesis 513)
• Annual Privatization Report 2017-Transportation Finance (Reason Foundation, 2017)
• Official Statements for Private Activity Bonds and Continuing Disclosure Reports: Municipal Securities Rulemaking Board (MSRB) Electronic Municipal Market Access (EMMA) website
• Industry publications: The Bond Buyer, Public Works Financing, TollRoadsNews

P3 MONITORING AND OVERSIGHT

• P3 Management Manual (Colorado High Performance Transportation Enterprise)
• 2017 PPTA Implementation Manual and Guidelines (VDOT Office of Public-Private Partnerships)
• Monitoring and Oversight (FHWA Fact Sheet)
• Public-Private Partnership Oversight: How FHWA Reviews P3s (FHWA, 2015)
• Case Studies of Handback Experience with Public-Private Partnerships (FHWA, 2016)
• Maximizing the Value of Investments using Life Cycle Cost Analysis (American Society of Civil Engineers and Eno Center for Transportation, 2014)