Public-Private Partnerships: Recent Developments in the U.S. Transportation Sector

Traditional funding sources in the United States are insufficient to meet the country’s surface transportation needs and the gap continues to grow.As a result, state and local agencies are increasingly including PPPs as part of their strategy to address mobility. Private sector developers are responding with a growing interest in the US PPP market.While the use of PPPs in the US continues to expand, the benefits of PPPs, however, are not universally accepted.