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From page 23... ... 23 $525,000 project currently in the design phase, the coverage includes $10 million for commercial general liability, $1 million for products/completed operations liability, $1 million for advertising injury, and $5 million for automobile liability. The City of La Crosse Municipal Transit Utility stated that there had been no problems in working with the private developer to procure insurance for a building and general liability (including directors' and officers' liability) Read the entire page →
From page 24... ... 24 As discussed in Section XII, risks may be transferred to the private sector in connection with TOD and joint development.272 B Revenue Sharing One risk that public-private partners may share is the risk associated with the amount of revenue generated by a PPP.273 However, because revenue sharing reduces income earned by a private partner, a private partner may be unwilling to make a large, up-front payment to a public partner to secure a long-term concession.274 The DOT has stated that FTA policy that is based on its interpretation of the federal common grants rule is a "substantial obstacle" to revenue sharing for PPP projects.275 FTA "generally requires that ‘Program Income' such as fares, lease payments, or other revenues be used to reduce program costs, unless an alternative use was authorized by [the] Read the entire page →

From page 23...

... 23 $525,000 project currently in the design phase, the coverage includes $10 million for commercial general liability, $1 million for products/completed operations liability, $1 million for advertising injury, and $5 million for automobile liability. The City of La Crosse Municipal Transit Utility stated that there had been no problems in working with the private developer to procure insurance for a building and general liability (including directors' and officers' liability)

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From page 24...

... 24 As discussed in Section XII, risks may be transferred to the private sector in connection with TOD and joint development.272 B Revenue Sharing One risk that public-private partners may share is the risk associated with the amount of revenue generated by a PPP.273 However, because revenue sharing reduces income earned by a private partner, a private partner may be unwilling to make a large, up-front payment to a public partner to secure a long-term concession.274 The DOT has stated that FTA policy that is based on its interpretation of the federal common grants rule is a "substantial obstacle" to revenue sharing for PPP projects.275 FTA "generally requires that ‘Program Income' such as fares, lease payments, or other revenues be used to reduce program costs, unless an alternative use was authorized by [the]

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