
We all know that public private partnerships are going to play a huge role in american infrastructure investment. There are some projects in the fridge waiting to be cooked in a PPP model. Below there are three examples of big projects that could involve private corporations financing.
New funding sources are being studied for the SR-75/282 Transportation Corridor Project in San diego, California.The notion of a tunnel under Fourth Street is intended to reduce traffic congestion in the SR-75/282 corridor, from the San Diego-Coronado Bay Bridge, down Fourth Street, all the way to Naval Air Station North Island (NASNI.)The project is in the design phase and different construction are being investigated, the funding decision is likely to be made within the next year/-s.
It has been said that Tappan Zee Bridge/Interstate 287 Corridor project may cost $16 billion, with $6.4 billion of that to pay for a new bridge, in New york.The basics of how a PPP for the Tappan Zee would work remain cloudy. The executive director of the governor's PPP commission, Samara Barend, attended a discussion on "The Private Role in Public Infrastructure" in October at The Manhattan Institute. She was vague on details. Yet she expressed interest in the daylong discussion of the various kinds of PPPs, including those plans that contract with a private operator to design and construct an asset, like a road or tunnel, and then take over its day-to-day operation. She said a "build-operate-transfer project" could be in the offing for the new Tappan Zee, Barend said.This project is in the very very initial phase as stated in the original source.
View Larger MapThe investors Figg Bridge well-known bridge builders, and Britton Hill Partners LLC (BHP) a private investment company are asking to be granted title to the old Jordan bridge and the land it stands on in return for an undertaking to replace it with a modern high level bridge in Chesapeake, Virginia.Under their proposal to the City the investors would take full responsibility for financing, building and operating the new bridge, including purchase of some extra right of way needed and would remove the existing abandoned bridge. As joint owners and operators of the new bridge they would have the right to the tolls. They would be committed to expanding the capacity of the bridge in line with demand.
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