Public-Private Partnerships Don't Solve Everything

NY Governor Andrew Cuomo touts private investment as a solution to New York's transportation funding woes. But a conference of infrastructure experts agree that private partnerships aren't a substitute for public funds.

Noah Kazis recently attended a conference called, "Where's the Money? Funding Transportation Projects in New York State." Panelists agreed that public/private financing has its place, but "...[t]he public will eventually pay for these projects somehow."

However, panelists did support one form of public-private partnership (PPP):

"One form of PPP, the 'design-build' contract, had the support of every panelist, nearly all of whom work in the private sector. Design-build allows the same company to develop the plans for a project and construct it, hopefully providing more accountability and allowing for a faster and more integrated process. New York is one of only five states that does not allow design-build."

Thanks to Noah Kazis

Full Story: Public-Private Partnerships Won’t Solve New York’s Transpo Funding Crisis

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!

City Coasters

Hand-drawn engraved maps of your favorite neighborhoods are divided up across 4 coasters making each one unique.
$36.00
Women's t-shirt with map of Los Angeles

City T-Shirts for the ladies!

Women's Supersoft CityFabric© Fashion Fit Tees. Now available in six different cities.
$24.00