March 2024

Misunderstanding U.S. Highway P3s

Robert W. Poole Jr. Director of Transportation Policy, Reason Foundation

For some reason, transportation scholars in Europe and Latin America consider long-term DBFOM P3s as risky endeavors that don’t offer the benefits that advocates of U.S. P3s offer to policymakers, such as significant risk transfer from taxpayers to investors and an operating culture that seeks to satisfy customers on a long-term basis.

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