Precedents and Opportunities for the Commonwealth Author(s): Dr. John B. Miller — Publication date: 2008-12-01 Category: Better Government Abstract: Life-cycle delivery of infrastructure projects demands our attention. As the Commonwealth faces the interlocking threats of massive funding deficits, creeping levels of deferred maintenance, and unabated demands for expansion, public-private partnerships (PPPs) offer some potential relief. But, unless properly implemented and monitored, PPPs can also be a hindrance to strategic transportation planning and responsible budgeting. This report summarizes the opportunities and challenges PPPs present and recommends a strategy Massachusetts should follow in the future that adds life-cycle approaches to infrastructure delivery, a strategy based on delivering “value for money” and which demands improved levels of service, durable employment, and decreasing costs to users and taxpayers.
https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png 0 0 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2008-12-01 15:59:512015-03-09 03:25:31Life Cycle Delivery of Public Infrastructure