Government Issues

T&I Committee forms special panel to examine P3s

Posted on January 16, 2014

The House Committee on Transportation and Infrastructure (T&I) Chairman Bill Shuster (R-PA) and Ranking Member Nick J. Rahall II (D-WV) announced the establishment of a special panel, which will focus on the use of and opportunities for public-private partnerships (P3s) across all modes of transportation, economic development, public buildings, water, and maritime infrastructure and equipment.

The full committee’s Vice Chairman, Rep. John J. Duncan Jr. (R-TN), will chair the newly formed “Panel on Public-Private Partnerships,” and Rep. Michael Capuano (D-MA) will serve as the ranking member. Duncan also led the T&I Committee’s first special panel of the 113th Congress, which examined the need to improve U.S. freight transportation.

The panel will examine the current state of P3s in the U.S. to identify the role P3s play in development and delivery of transportation and infrastructure projects in the U.S. and on the U.S. economy; if/how P3s enhance delivery and management of transportation and infrastructure projects beyond the capabilities of government agencies or the private sector acting independently; and how to balance the needs of the public and private sectors when considering, developing and implementing P3 projects.

The T&I Committee held its first hearing earlier on the next reauthorization of surface transportation programs, which it plans to develop this year. The P3 panel’s work can serve as another tool used to write that legislation, as well as other initiatives to improve the nation’s ability to utilize available resources and strengthen infrastructure.

“The private sector continues to show significant, growing interest in investing in infrastructure in the United States and internationally. But aside from a selection of highway projects, utilization of P3s in U.S. transportation, economic development and water infrastructure has been limited,” said Shuster. “Chairman Duncan and the members of the P3 panel will examine the role of public-private partnerships in our infrastructure and where greater opportunities may exist to leverage resources at the federal, state and local level. The panel’s recommendations will be used as the Committee continues to develop future legislation.”

By the rules of the T&I Committee adopted at the beginning of the Congress, the Chairman can establish special panels to serve for a period of six months.

Additional information about the panel’s schedule and activities will be announced at a later date.

View comments or post a comment on this story. (0 Comments)

More News

Pittsburgh Mayor announces hire for new mobility and infrastructure dept.

The department will work with residents and external stakeholders on multi-agency projects; integrate technology into transportation initiatives; and further prepare the city for "shared mobility" options.

BART rail may designate itself 'sanctuary in transit'

If BART does end up with the designation, it would be the first such agency to do so.

FTA to withhold funding from D.C., Md. and Va. pending safety oversight program

The funds will be withheld until the jurisdictions pass identical legislation and meet related requirements in order for FTA to certify a new SSOP for WMATA Metrorail.

Boulder, Colo. biz leaders pitch aerial gondola to link downtown

The idea was originally floated in 2009 by University of Colorado officials.

Chao confirmed as new Secretary of Transportation

Several prominent Democrats, including Sen. Charles E. Schumer and Sen. Elizabeth Warren, were among those voting against Chao, who had cruised through three confirmation hearings for other cabinet positions previously without a dissenting vote.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close