WSP develops P3 guidebook for transit agencies

A new guidebook for small- to medium-sized public private partnerships (P3) has been published by the Transportation Research Board's (TRB’s) Transit Cooperative Research Program (TCRP). Prepared by strategic advisors at WSP, the TCRP Research Report 191, Public Transportation Guidebook for Small- and Medium-Sized Public-Private Partnerships (P3s), serves as a resource to explore, evaluate, initiate, plan and implement small- and medium-sized public-private partnership initiatives. The guidebook address

September 8, 2017 Read time: 1 min

A new guidebook for small- to medium-sized public private partnerships (P3) has been published by the 856 Transportation Research Board's (TRB’s) Transit Cooperative Research Program (TCRP).

Prepared by strategic advisors at 6666 WSP, the TCRP Research Report 191, Public Transportation Guidebook for Small- and Medium-Sized Public-Private Partnerships (P3s), serves as a resource to explore, evaluate, initiate, plan and implement small- and medium-sized public-private partnership initiatives. The guidebook addresses why and when to consider P3s for small- and medium-sized initiatives, what types of initiatives may be undertaken, and how to effectively undertake these initiatives.

A P3 project screening checklist accompanies the guidebook and may assist transit agencies with screening and evaluating a P3 initiative.

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Transportation Research Board

WSP

P3s offer new options for public transit agencies

David Crawford welcomes new US guidance on public-private partnerships in the public transit sector. Public-private partnerships (P3s) are becoming increasingly favoured as a means of cost-effectively delivering much-needed public transit projects across the US. Previously, researched examples have tended to be on the large-scale while information on the potential for smaller, more localised schemes has been comparatively sparse. In a bid to fill that gap, the ‘Public Transportation Guidebook for Small