Research Projects

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Research Projects

METRANS
STATUS: Complete YEAR: 2012 TOPIC AREA: Transportation planning, policy, and finance CENTER: METRANS UTC
Project Report

Public-Private Partnerships in California - Phase 2, Section 2: Criteria for evaluating P3 projects

Project Summary

Project description

In this section of our report we develop criteria for evaluating the potential for a project to be delivered as a P3. We started by researching past attempts at P3 evaluation. We found no published research that offers a list of criteria for predicting the success of a proposed P3. Therefore, we reviewed studies of P3s and, developed a framework for evaluating P3s' potential for success. Using data from 100 P3 projects, we apply our framework to identify the attributes present in successful P3 projects. While we attempt to tease out the common attributes of successful P3s, the presence of said attributes in planned P3s will not necessarily induce nor predict success. We hope that our research will become part of a broader tool kit that public sponsors and private partners can use to evaluate potential projects' suitability as P3s.

The structure of the report is as follows. In the second subsection we review the applicable literature. In the third subsection we describe our definition of a successful P3 and the facility attributes we studied. In the fourth subsection we discuss our sample of P3 facilities. In the fifth section we outline our results. In the final section we offer a brief conclusion.

P.I. NAME & ADDRESS

Genevieve Giuliano
Professor; Margaret and John Ferraro Chair in Effective Local Government; Senior Associate Dean for Research and Technology; Director, METRANS , Sol Price School of Public Policy
650 Childs Way
Ralph and Goldy Lewis Hall (RGL) 216Los Angeles, CA 90089-0626
United States
[email protected]

CO-P.I.

Lisa Schweitzer
Associate Professor, Sol Price School of Public Policy
650 Childs Way
Ralph and Goldy Lewis Hall (RGL) 311Los Angeles, CA 90089-0626
United States
[email protected]

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