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P3's (Public-Private Partnerships)

Started by Beltway, January 25, 2018, 05:51:30 PM

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Duke87

Quote from: vdeane on January 28, 2018, 07:13:45 PM
Meanwhile, those facilities also come with contract terms that prohibit VDOT from making needed improvements to parallel roadways without paying penalties.

In a sense, though, this is just an inherent reality of having a tolled facility with a parallel free facility. There is perverse incentive to not provide or improve a free alternative even when a government agency is operating the toll road. DOT won't want to lose the revenue any more than a private company will.
If you always take the same road, you will never see anything new.


Rothman

Quote from: Duke87 on January 31, 2018, 01:06:52 AM
Quote from: vdeane on January 28, 2018, 07:13:45 PM
Meanwhile, those facilities also come with contract terms that prohibit VDOT from making needed improvements to parallel roadways without paying penalties.

In a sense, though, this is just an inherent reality of having a tolled facility with a parallel free facility. There is perverse incentive to not provide or improve a free alternative even when a government agency is operating the toll road. DOT won't want to lose the revenue any more than a private company will.
Probably, but in these cases the DOT is actually creating a competitor and giving them a serious advantage through inflicting a cost that is detrimental to the public.
Please note: All comments here represent my own personal opinion and do not reflect the official position(s) of NYSDOT.

Beltway

Quote from: Rothman on January 31, 2018, 10:03:00 AM
Quote from: Duke87 on January 31, 2018, 01:06:52 AM
Quote from: vdeane on January 28, 2018, 07:13:45 PM
Meanwhile, those facilities also come with contract terms that prohibit VDOT from making needed improvements to parallel roadways without paying penalties.
In a sense, though, this is just an inherent reality of having a tolled facility with a parallel free facility. There is perverse incentive to not provide or improve a free alternative even when a government agency is operating the toll road. DOT won't want to lose the revenue any more than a private company will.
Probably, but in these cases the DOT is actually creating a competitor and giving them a serious advantage through inflicting a cost that is detrimental to the public.

Broadsweep statement, sometimes may be true, but basically irrelevant to discussing any specific project.
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