Public-Private Partnerships for Infrastructure Delivery

102 Pages Posted: 20 Sep 2012 Last revised: 26 Oct 2012

Ashby H. B. Monk

Stanford University - Global Projects Center

Raymond E. Levitt

Stanford University, Global Projects Center

Michael Garvin

Virginia Tech

Andrew South

Stanford University

George Carollo

Stanford University

Date Written: September 19, 2012

Abstract

Given the current state of infrastructure needs in the U.S., does it not make sense for the public sector to draw on all potential project delivery systems -- including public-private partnerships? Together, the public and private sectors can provide the best services to meet the growing needs of U.S. infrastructure -- with the private sector often tapped for its potential to deliver value and innovation. This does not suggest that alternative delivery systems or public-private partnerships are the sole solution for resolving the challenges involved. The art for policymakers is to determine when and where public-private partnerships make sense, to develop procurement and other systems that balance the transfer of risk and reward to the private sector and, most importantly, to deliver value for the public’s money in the form of enhanced infrastructure services.

Keywords: Public Private Partnerships, PPP

Suggested Citation

Monk, Ashby H. B. and Levitt, Raymond E. and Garvin, Michael and South, Andrew and Carollo, George, Public-Private Partnerships for Infrastructure Delivery (September 19, 2012). Available at SSRN: https://ssrn.com/abstract=2149313 or http://dx.doi.org/10.2139/ssrn.2149313

Ashby H. B. Monk (Contact Author)

Stanford University - Global Projects Center ( email )

United States

Raymond E. Levitt

Stanford University, Global Projects Center ( email )

Stanford, CA 94305
United States

Michael Garvin

Virginia Tech ( email )

Blacksburg, VA 24061
United States

Andrew South

Stanford University ( email )

Stanford, CA 94305
United States

George Carollo

Stanford University ( email )

Stanford, CA 94305
United States

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