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These myths must be dispelled immediately. I will try to begin doing so below.
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The recent rise of “mobility on demand” services like Uber and Zipcar has shifted society’s understanding of transportation systems and how they operate. Governments, advocates, and communities are responding by experimenting with their relationships to these services to ensure that on-demand options work with transportation networks to benefit public mobility.
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With the transportation landscape evolving quickly in recent years — new mobility options and growing support for transit and bicycling — decision-makers face greater opportunity and unpredictability in how they can utilize and react to such options.
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Paul McIlree, P.E., will oversee the firm’s business plan for design-build and public-private partnership initiatives.
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As Toronto looks to expand its public transportation system, the city could take a look at the success Denver has had building out its FasTracks program through a mix of sales tax revenues, federal funds and public-private partnerships, according to the Toronto Star.
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The first thing to understand about P3s is that they are primarily a money-saving strategy and are still expected to earn a return on investment.
Read More →Will examine the current state of P3s in the U.S. to identify the role they play in development and delivery of transportation and infrastructure projects in the U.S. and on the U.S. economy, how P3s enhance delivery and management of transportation and infrastructure projects and more.
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In late 2014 or early 2015, MDOT / MTA will select a preferred partner and recommend the final agreement to the Board of Public Works for their review and approval. Construction could begin in spring 2015.
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From the Crenshaw/LAX Transit Corridor project to the Regional Connector Transit Corridor to a 10-mile P3 tunnel through the Sepulveda Pass, the force behind these projects is local.
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“If you’ve seen one public-private partnership (P3), you’ve seen one public-private partnership,” was a recurring theme in the “Financing New Projects in the U.S.” session.
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