Public Private Partnership For Urban Rail Transit: Forms, Regulatory Conditions, Participants (baubetriebswirtschaftslehre Und Infrastrukturmanagement)

As a result of longlasting budgetary problems, public investments are gradually diminishing. This lack of public investments on the local, national and supranational level endangers economic development, especially in the transport field. Public Private Partnerships (PPP) have been advocated as a means to overcome this dead end, but the results were not always satisfactory. Based on a broad definition of PPP, Joachim Schneider investigates the development of urban and regional rail transport infrastructure in the US and the UK and asks the following questions: Which forms of public private co-operation exist? Which are of particular interest from a German and European perspective? Which legal and organisational conditions as well as budgetary, subsidy- and procurement-rules have contributed to positive or negative results? The author shows that the most relevant examples in the USA involve private real estate developers handling urban development projects around urban and regional rail stops. The most promising examples in the UK are privately built and operated Light Rail systems. In order to successfully transfer and implement this experience, it is crucial to create an adequate institutional frame and to foster a culture of co-operation between the public and the private sector. Foreword Suburbs and inner city redevelopment zones of cities are heavily reliant on Urban Rail Transit links, which are of decisive importance for their development and prosperity. Simultaneously, owners are dependent on such links for growth in the value of their properties. How is it possible for the public sector in times of tight budgets to achieve such infrastructure links by way of a win - win situation? This is where PPP - schemes can offer a way forward. In his research, Joachim Schneider describes and analyses successful PP- schemes abroad for this particular application: namely T JD (Transit Joint Development), TOO (Transit oriented Development) and DBOM - schemes (Design, Build, Operate, Maintenance or Concession type contracts). These schemes are illustrated with actual examples from the United States and the United Kingdom. The theory of New Institutional Economics is applied to elaborate on the efficiency of these schemes. Dipl.-Ing. Joachim Schneider's many years of experience in transport ministries at state level, e.g. being accountable for the Urban Rail Transit Network of Berlin-Brandenburg and now at the European Commission, Directorate-General for Energy and Transport, in Brussels, assures that his work is not confined to the ivory tower of academics. Nevertheless, J. Front Matter....Pages I-XXI Theoretical and methodological introduction....Pages 1-35 Urban Rail-transit in the US — Development-Trends, Federal Policy, Funding Limits....Pages 36-49 Overview of areas and tools of public funding and private contribution....Pages 50-78 Trends of transit-development, infrastructure funding, urban and real estate development and perspectives of public-private partnerships in Study Areas....Pages 79-153 Design/Build — Turnkey Projects....Pages 154-226 Transit Joint Development (TJD)....Pages 227-299 Transit-oriented Development....Pages 300-385 Summary and Conclusions....Pages 386-440 Sources....Pages 441-461 Attachments....Pages 462-481 Joachim Schneider investigates the following questions: Which forms of public private co-operation exist in the USA and the UK? Which are of particular interest from a German and European perspective? Which legal and organisational conditions as well as budgetary, subsidy and procurement-rules have contributed to positive or negative results?