Privately Financed Roads in Britain

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Privately Financed Roads in Britain image
ISBN-10:

0956152708

ISBN-13:

9780956152701

Author(s): Bain, Robert Etc
Edition: null
Released: Apr 13, 2009
Publisher: Robert Bain
Format: Paperback, 212 pages

Description:

'Privately Financed Roads in Britain: A Policy Assessment' critically examines the role of private finance in the construction, operation, maintenance and management of modern highways. The focus is on the UK's Private Finance Initiative (PFI) yet many of the lessons learned retain a currency in the context of international public-private partnerships. Separate chapters cover: Public Policy Objectives; Key Project-Level Risks (construction and traffic); Value for Money and Public Sector Comparators; The Financial Architecture of Private Sector Road Operating Companies; Strengths and Weaknesses of the Privately-Financed Roads Model; Alternative Debt/Equity Structuring; and Containing Private Financing Costs.

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