Handbook on Public Private Partnerships in Transportation, Vol II - Roads, Bridges, and Parking
Handbook on Public Private Partnerships in Transportation, Vol II - Roads, Bridges, and Parking
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交通运输公私伙伴关系手册,第二卷 - 道路、桥梁和停车场
DOI:
10.1007/978-3-031-04628-5_10
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发表时间:
2022
期刊:
影响因子:
--
通讯作者:
Williams D
中科院分区:
文献类型:
--
作者:
Williams D
In 2015, the UK Government developed the Roads Investment Strategy (RIS) (2015–2020), a $18.8bn government fund for delivering infrastructure improvements, removing the need for Public–Private Partnership finance of England’s Strategic Road Network (SRN). The second RIS period (2020–2025) worth $33.9bn demonstrates that government finance remains the preferred method of funding for the SRN after the delivery body, Highways England (now National Highways) delivered efficiencies of $1.26bn during the first RIS through effective cost management.The non-strategic network is funded through both public and private funding. The three case studies of Bristol, Gloucester and Taunton showed that a combination of PPPs and government funding was utilised to deliver new highways within the same period as the first RIS, with private companies building new infrastructure through Build Own Operate Transfer (BOOT) contracts.The temporal nature of regeneration and the associated highway structure means that a long ‘tail’ can be created for developers where they struggle to divest the transfer of highway assets at the end of the project. This was a problem for developers in Bristol but created an opportunity for further development in Gloucester. The key lesson for local government and developers is to open dialogue early in the process to ensure that new highway infrastructure can be adopted as soon as it is completed.