Roads for Sale

by Marion Hart, Asst. Ed.; Civil Engineering�ASCE, New York, NY 10017,


Serial Information: Civil Engineering—ASCE, 1988, Vol. 58, Issue 4, Pg. 51-53


Document Type: Feature article

Abstract:

Due to the decline in available federal revenue for transportation facilities, privatization is becoming a common alternative to project financing. A case study of a public/private partnership in Colorado is reported. Legislative barriers to privatization, such as state laws that prohibit private ownership of roads, are discussed. The role of civil engineers is beginning to change. In the future, engineers will have to orchestrate the construction, finance, contract negotiation and program and project management expertise needed to get the job done.

Subject Headings: Public private partnership | Project management | Privatization | Highway barriers | Construction management | Case studies | Revenues

Services: Buy this book/Buy this article

 

Return to search