Ten years ago many people in the U.S. P3 infrastructure world believed that the relatively new availability-payment model was the wave of the future. It proved successful on two Florida P3 megaprojects—the Port of Miami Tunnel and the reconstruction and widening of I-595 in Fort Lauderdale. It was seen as more attractive to bidders since there was no revenue risk, and operations and maintenance seemed to morph into simply hiring a specialized maintenance contractor.
Related Articles
May 2025
The Troubling Decline of Users-Pay/Users-Benefit
April 2025
Expanding Congested Highways: Revisiting “Induced Demand”
March 2025
A Fiscally Responsible Highways Reauthorization Bill
February 2025
Farewell to New York’s Cordon Charge System?
January 2025
Sustaining Transportation Infrastructure When the Free Money Runs Out
December 2024
Time to Expand Private Activity Bonds for P3s