The U.S. DOT issued model legislation Monday that would give states flexibility to contract with the private sector to invest in and manage transportation projects.
The legislation will help states reduce or remove barriers to private-sector investment in transportation infrastructure.
It is also viewed as a starting point from which states can proceed to craft laws that are appropriate for their needs and provides guidance on what a public-private partnership agreement might look like.
Issues addressed in the legislation will include which modes of transportation would be eligible for private investment, whether or when tolls may be collected, innovative procurement methods, upkeep requirements for leased roads, and provisions to be considered in an agreement with the private sector.
The legislation, available at www.fhwa.dot.gov/ppp/legislation.htm, is based on a survey of existing state laws that authorize public-private partnerships in building, owning or operating highways, mass transit, railroads or other transportation infrastructure.