Public-Private Partnerships in Transportation Task Force

Principal Investigator:

Lee Munnich, Senior Fellow, SLPP, Humphrey School of Public Affairs

Co-Investigators:

  • Adeel Lari, Director, Innovative Finance (SLPP), Humphrey School of Public Affairs
  • Zhirong Zhao, Associate Professor, Humphrey School of Public Affairs

Project Summary:

Public-private partnerships (P3s or PPPs) have gained considerable attention and interest as a means of saving public funding. Methods include: 1) using private capital investment for transportation infrastructure, 2) saving time by expediting project delivery, or 3) allocating some of the risk of infrastructure investments to the private sector. While PPPs have been advocated as a critical component of transportation finance and project development, political and institutional challenges make the policy acceptance and implementation of PPPs difficult. This project engaged political leaders, transportation professionals, and public stakeholders in a task force to examine the potential for expanding the use of PPPs in Minnesota and to recommend strategies and steps for implementation.

Sponsor:

Project Details: