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Glossary of Terms, Abbreviations, and Acronyms
Pages 50-51

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From page 50...
... Private Activity Bonds -- Tax-exempt bonds issued by states and local governments for project sponsored by a private entity. Public–privatepartnership -- Contractual agreement between a public agency and the private sector that allows for greater private sector participation in the delivery of transportation projects.
From page 51...
... Abbreviations and Acronyms BOO Build-Own-Operate BOT Build-Operate-Transfer CM@R Construction Manager @ Risk DB Design-Build DBB Design-Bid-Build DBFO Design-Build-Finance-Operate 52 DOT Department of transportation ESAL Equivalent single-axle load GAO Government Accountability Office HOT lanes High-occupancy toll lanes OECD Organisation for Economic Cooperation and Development O&M Operations and Maintenance PAB Private Activity Bonds PPP or P3 Public–Private Partnerships SEP-14 Special Experimental Project Number 14 SEP-15 Special Experimental Project Number 15 SIB State Infrastructure Bank TIFIA Transportation Infrastructure Finance and Innovation Act of 1998 WACC Weighted Average Cost of Capital


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