Alternative Funding and Financing Mechanisms for Passenger and Freight Rail Projects

National Academies of Sciences, Engineering, and Medicine

doi:10.17226/22149

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Alternative Funding and Financing Mechanisms for Passenger and Freight Rail Projects

(2015)

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TRB’s National Cooperative Rail Research Program (NCRRP) Report 1: Alternative Funding and Financing Mechanisms for Passenger and Freight Rail Projects identifies alternative funding and financing tools that can be used to realize passenger and freight rail project development, including capital investments, operations, and maintenance. The report summary is available online.

Contributor(s): National Academies of Sciences, Engineering, and Medicine; Transportation Research Board; National Cooperative Railroad Research Program; CPCS; Harral Winner Thompson Sharp Klein Inc; Thompson Galenson and Associates LLC; First Class Partnerships Limited; Portscape Inc

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Suggested Citation

National Academies of Sciences, Engineering, and Medicine. 2015. Alternative Funding and Financing Mechanisms for Passenger and Freight Rail Projects. Washington, DC: The National Academies Press. https://doi.org/10.17226/22149.

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Publication Info

20 pages | 8.5 x 11 | DOI: https://doi.org/10.17226/22149

Chapters		skim
Front Matter	i-vii
Summary	1-9
Chapter 1 - Introduction	10-11
Chapter 2 - U.S. Rail Industry Structure and Financial Dynamics	12-22
Chapter 3 - Rail Project Costs and Financial Considerations	23-27
Chapter 4 - Funding and Financing Rail Projects	28-33
Chapter 5 - Key Considerations in Rail Funding and Financing Decisions	34-39
Chapter 6 - Alternative Funding and Financing Mechanisms for Rail Projects and Services	40-90
Chapter 7 - Case Studies: Potential Application of Alternative Funding and Financing Mechanisms	91-92
Chapter 8 - Beyond Revenue and Financing Mechanisms: Opportunities and Potential Strategies to Realize Rail Projects with a Funding Gap	93-108
Chapter 9 - Conclusions	109-109
Acronyms and Abbreviations	110-113
Appendix A - U.S. Federal Rail Funding and Financing Programs	114-124
Appendix B - State Rail Funding Programs	125-134
Appendix C - U.S. Commuter Rail and Track Ownership	135-135
Appendix D - Global Scan of Rail Industry Structures, Funding and Financing Approaches	136-147
Appendix E - Case Studies on Potential Application of Alternative Funding and Financing Mechanisms	148-186

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