Skip to main content

Currently Skimming:


Pages 39-46

The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.


From page 39...
... 39 This chapter examines the temporal evolution of the transportation planning and project environmental review process in the context of implementing -- or potentially implementing -- P3 projects. Given the different time frames in which these processes unfold (linear for NEPA and cyclical for MPO requirements)
From page 40...
... 40 The decision to advance a project as a P3, whether before or after the conclusion of NEPA, entails both positive and negative considerations, as discussed in the following sections. P3 Procurement Decision Before or During NePa The decision to use a P3 approach to implement a transportation improvement project before the conclusion of the NEPA process has met with both successful and less than successful results.
From page 41...
... 41 private partner brings to the equation business experience working in a diverse set of project environments and approaches project details from a life-cycle cost standpoint, both advantages that help optimize alternatives development, similar to a value engineering exercise. One public-sector practitioner interviewed described P3s as "value engineering on steroids." For example, future segments of the North Tarrant Express in Fort Worth, Texas, are being implemented through a predevelopment agreement.
From page 42...
... 42 competitive procurement (in which case the developer would be compensated for professional services provided, based on preagreed payment)
From page 43...
... 43 decisions and risks "prejudging the outcome," regardless of whether the project's development has relied on formal engagement of the private sector. Adding the formal input of a private partner to this scenario only exacerbates this impression.
From page 44...
... 44 Incorporating innovation into a P3 project's design postNEPA also depends on whether a preferred partner has already been selected from among a group of prospective bidders. Before the award of a development agreement, the competitive environment motivates bidders to offer alternative technical concepts that may deviate from the request for proposals (RFP)
From page 45...
... 45 Need for Reevaluations or Supplemental Environmental Review As described above, there is a strong risk that post-NEPA modifications to design concepts may precipitate a reevaluation of an environmental approval. This is a disadvantage to deferring the selection of a P3 partner until after the completion of environmental review.
From page 46...
... 46 26-mile corridor. Later, the TxDOT revisited its funding plans and decided to implement the project as a P3 toll road.

Key Terms



This material may be derived from roughly machine-read images, and so is provided only to facilitate research.
More information on Chapter Skim is available.