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- W2802907527 abstract "The availability payments have been used in the payment mechanisms of public-private partnership (P3) transportation projects in the United States. These payments have been used to emphasize the performance-based contracts and to achieve government objectives in using P3 as a delivery system. This research looks at the implementation of the availability payment in the USA transportation projects and compares it to the Canadian P3 experience. The research investigates the structure of the payment mechanism and whether other payments have been used in the mechanism, the share percentage of the availability payment in the mechanism structure, the economic/financial factors used in the payment structure, future adjustments, penalty/performance-deduction structure, the public agency objectives in using availability payment, and the public agency oversight and accounting. The work utilizes a document and content analysis approach to a detailed study of the selected P3 projects in the USA and Canada. The output of the research should explain the pros and cons of using availability payments in the USA and the areas that need improvement in the payment structure." @default.
- W2802907527 created "2018-05-17" @default.
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- W2802907527 date "2017-07-11" @default.
- W2802907527 modified "2023-10-18" @default.
- W2802907527 title "Comparative Analysis of P3 Availability Payments in the USA and Canada" @default.
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- W2802907527 doi "https://doi.org/10.1061/9780784480267.044" @default.
- W2802907527 hasPublicationYear "2017" @default.
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