Public Transportation Guidebook for Small- and Medium-Sized Public-Private Partnerships (P3s) (2017) / Chapter Skim
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1 Public transit agencies across the United States are laying the tracks of innovation by forming partnerships with the private sector to improve existing services and more efficiently deliver new services and facilities. Transit agencies and the transportation industry are generally familiar with large-scale P3 capital projects that have been executed across the country due to the publicity and existing research and literature reviews.
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2 Public Transportation Guidebook for Small- and medium-Sized Public-Private Partnerships (P3s) has been gathered to describe small- and medium-sized P3 initiatives associated with public transportation or to offer best practices for identifying, planning, and implementing such efforts.
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Summary 3 • Real Estate partnerships help to develop real estate at transit facilities. Options include joint development, air rights, station access, long-term leases, easements, and vending and retail concessions.
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4 Public Transportation Guidebook for Small- and medium-Sized Public-Private Partnerships (P3s) – Determine each partner's responsibilities and costs up front, and – Promote transparency between the private and the public partner.
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