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08 September 2017

WSP develops P3 guidebook for transit agencies

First publishedon www.ITSInternational.com
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 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