Business Models to Facilitate Deployment of Connected Vehicle Infrastructure to Support Automated Vehicle Operations (2020) / Chapter Skim
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Pages 66-72
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54 4 IMPLEMENTATION PLANNING FOR CV INFRASTRUCTURE PROJECTS 4.1 INTRODUCTION Any CV investment option that receives a "go" decision from the decision-makers becomes a project or program of projects that DOTs must then plan and deliver as part of their standard business operations. As part of their planning process, DOTs devise means and methods to deliver the project at the lowest possible cost and manage any risks effectively.
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55 • What role does the private sector play (e.g., key support versus central role) in providing resources and sharing risks?
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56 • Financial resources refer to access to private sector capital, when needed, to address potential funding shortfalls or uncertainties. Possible strategies may include private sector equity in infrastructure development, cost sharing through partnerships, or resource sharing agreements.
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57 • Low-bid job-order contracting for preventive maintenance of ITS equipment, such as software updates and cleaning/tuning of ITS devices and components. But even with all this experience DOTs are still evolving in their knowledge of more standard ITS deployments.
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58 capabilities. The private sector could develop, own, maintain, and lease the needed equipment, systems, and technology to the public sector for a fee.
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59 processing, and storage system; and developing V2I software applications. Panasonic will employ its CIRRUS traffic management technology, an "open development platform for data sharing and collaboration," to develop data analytics using vehicle, infrastructure, and weatherrelated data collected from UDOT infrastructure.
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60 Internet of Things (IoT) , and advanced V2V systems would eliminate the need for any public sector involvement in operational management or dependency on public infrastructure.
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