Privately Financed Roads in Britain

Download or read book Privately Financed Roads in Britain written by Robert Bain, Etc and published by Lulu.com. This book was released on 2009-04 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Privately Financed Roads in Britain: A Policy Assessment' critically examines the role of private finance in the construction, operation, maintenance and management of modern highways. The focus is on the UK's Private Finance Initiative (PFI) yet many of the lessons learned retain a currency in the context of international public-private partnerships. Separate chapters cover: Public Policy Objectives; Key Project-Level Risks (construction and traffic); Value for Money and Public Sector Comparators; The Financial Architecture of Private Sector Road Operating Companies; Strengths and Weaknesses of the Privately-Financed Roads Model; Alternative Debt/Equity Structuring; and Containing Private Financing Costs.