Evolution of public–private partnership models in American toll road development: Learning based on public institutions' risk management

Yin, Wang

doi:10.1016/j.ijproman.2014.10.006

Cited by 67 publications

(54 citation statements)

References 46 publications

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“…The introduction of tolled facilities has increased not just in the U.S., but across the world, due in part to greater reliance on publicprivate partnerships (PPPs) to deliver infrastructure (Gurgun & Touran, 2013;Liyanage & Villalba-Romero, 2015;Willems et al, 2017). Much of the literature on transportation PPPs and tolling has focused on lessons learned in terms of management and governance (Dyble, 2011;Hodge, Boulot, Duffield, & Greve, 2017;Puentes & Istrate, 2011;Rouhani, Gao, & Geddes, 2015), managing risk (Chung, Hensher, & Rose, 2010;Lemp & Kockelman, 2009;Roumboutsos & Pantelias, 2015;Shan, Garvin, & Kumar, 2010;Wang, 2015), pricing and rate setting (Gross & Garvin, 2011;Jang, Song, Choi, & Kim, 2014;Light et al, 2015;Roumboutsos & Pantelias, 2015), and success factors (Hwang, Zhao, & Gay, 2013;Liyanage & Villalba-Romero, 2015;Osei-Kyei & Chan, 2015;Shi, Chong, Liu, & Ye, 2016;Willems et al, 2017). Fewer have examined public support for and behavioral responses to tolls (Gomez, Papanikolaou, & Vassallo, 2016;Jagers, Matti, & Nilsson, 2017;Yusuf et al, 2014).…”

Section: Resultsmentioning

confidence: 99%

Support for and Behavioral Responses to Tolls

Yusuf

Anuar

O'Connell

et al. 2019

Building a Sustainable Transportation Infrastructure for Long-Term Economic Growth

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This chapter analyzes the experiences with tolling in the Hampton Roads region of Southeastern Virginia to better understand residents' and drivers' support for tolls and behavioral responses to tolls. The Hampton Roads region, with its population of 1.7 million and extensive network of highways, roads, bridges, and tunnels, has a long history of toll facilities that date back to the 1920s. The most recent tunnel tolls, associated with the Elizabeth River Crossing Project and introduced in February 2014, are the focus of this chapter. This chapter analyzes two sets of survey data to provide insights that have implications for policies regarding tolling: (1) The Life in Hampton Roads Surveys which includes questions about support for tolls and toll avoidance behaviors; and (2) two surveys (pre- and post- toll implementation) commissioned by the regional transportation planning organization.

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Section: Resultsmentioning

confidence: 99%

Support for and Behavioral Responses to Tolls

Yusuf

Anuar

O'Connell

et al. 2019

Building a Sustainable Transportation Infrastructure for Long-Term Economic Growth

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“…As the standard risk management process (SA, 2009) is well-established in construction project management (Wang, 2015), the interdependency between complexity and risk -lacking in this approach -is not considered by practitioners. In order to address this issue we propose the…”

Section: Discussionmentioning

confidence: 99%

“…However, in order to identify critical risks and select optimal risk mitigation strategies, the complexity attributes need to be linked to different trails of complexity induced risks. We adapt the established risk management framework (SA, 2009) as it is used widely both by researchers and practitioners (Wang, 2015). Although the description of terms and concepts used in the framework is controversial (Aven, 2011), our focus is limited to the stages involved in the process.…”

Section: Procrim and Modelling Approachmentioning

confidence: 99%

Project Complexity and Risk Management (ProCRiM): Towards modelling project complexity driven risk paths in construction projects

Qazi

Quigley

Dickson

et al. 2016

International Journal of Project Management

231

170

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Project complexity has been extensively explored in the literature because of its contribution towards the failure of major projects in terms of cost and time overruns. Focusing on the interface of Project Complexity and Interdependency Modelling of Project Risks, we propose a new process that aids capturing interdependency between project complexity, complexity induced risks and project objectives. The proposed modelling approach is grounded in the theoretical framework of Expected Utility Theory and Bayesian Belief Networks. We consider the decision problem of identifying critical risks and selecting optimal risk mitigation strategies at the commencement stage of a project, taking into account the utility function of the decision maker with regard to the importance of project objectives and holistic interaction between project complexity and risk. The proposed process is supported by empirical research that was conducted in the construction industry in order to explore the current practices of managing project complexity and the associated risks. The experts interviewed acknowledged the contribution of the proposed process to the understanding of complex dynamics between project complexity attributes and risks. Application of the proposed process is illustrated through a simulation study.

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“…International experience shows that innovation projects are implemented in the following spheres: transport (motor roads and railways, airports, pipelines, seaports) [42]; social sphere (healthcare, education, tourism); and housing and utilities (water supply and water disposal, heating and power supply, water purification, gas supply) [43]. Currently, Great Britain, Germany, Canada, France, Australia, Japan, USA, and Spain have a significant knowledge base in the introduction of innovative technologies to solve ongoing problems [44]. Also, developing countries and transition economy countries, such as Russia and China, are advanced in the application of innovations [30,45].…”

Section: Ppp In Russia and International Experiencementioning

confidence: 99%

Efficiency Assessment of Public-Private Partnership (PPP) Projects: The Case of Russia

2018

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The most recent international experience shows that public-private partnership (PPP) is a public procurement that improves the management of public and municipal property in the construction sector. This article proposes a method for ranking countries by the probability of being successful in implementing a PPP. The new methodology is based on a system of indicators to assess the quality of the institutional environment, the experience of project implementation, the state readiness, private organizations, and the society for the effective implementation of PPP projects. We develop a new method to gauge challenging Russia’s new legislation that, although having been introduced in 2015, has already boosted a tumultuous number of new PPP projects and it is expected to enhance PPP opportunities in the country further.

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Evolution of public–private partnership models in American toll road development: Learning based on public institutions' risk management

Cited by 67 publications

References 46 publications

Support for and Behavioral Responses to Tolls

Support for and Behavioral Responses to Tolls

Project Complexity and Risk Management (ProCRiM): Towards modelling project complexity driven risk paths in construction projects

Efficiency Assessment of Public-Private Partnership (PPP) Projects: The Case of Russia

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