Performance Metrics for Public–Private Partnerships (2021) / Chapter Skim
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10 This chapter documents the results of the literature review (Appendix A) , which was conducted to collect the necessary details to develop the survey questionnaire.
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Literature Review 11 rail transit. Thus, one must conclude that without a detailed legal analysis of current enabling legislation, it is difficult to find a reliable total number of state DOTs that can use P3.
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12 Performance Metrics for Public–Private Partnerships Key Performance Metrics in P3 Delivery Performance metrics in P3 projects typically address the DOT's policy goals and the overall quality and performance requirements for the specific contracted work. These performance metrics typically include key indicators of travel time reliability, safety, overall project physical condition, asset availability, and other project elements.
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Literature Review 13 flexibility to innovate and refine the tunnel's design. It also provided a greater amount of financial options when the design and construction were combined with the long-term operation of the tunnel.
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14 Performance Metrics for Public–Private Partnerships skill set necessary to be able to apply each concept appropriately in the P3 solicitation and execution processes. The major thrust of staff training is to shift the agency's procurement culture from the DBB default to maximizing prescriptiveness to a true life-cycle mentality that focuses beyond the completion of construction and seeks to plan, design, and build toward an outcome rather than a construction quality control standard.
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Literature Review 15 developed. This synthesis will focus on performance metrics found in the operation, transfer management, and possibly post-transfer stages of the P3 project life cycle shown in Figure 5.
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16 Performance Metrics for Public–Private Partnerships periods. All of these projects were international projects, so the information regarding U.S.
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Literature Review 17 where MAPy = maximum availability payment in year y; QPq,y = quarterly payment for quarter q in year y; QPAq,y = quarterly payment adjustment for quarter q in year y; QUAq,y = quarterly unavailability adjustment for quarter q in year y; and QVAq,y = quarterly O&M violation adjustment for quarter q in year y. The unavailability adjustments and O&M violation adjustments vary based on the severity classification shown in Table 4.
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18 Performance Metrics for Public–Private Partnerships • ATCs must be vetted through the maintenance provider before final approval and inclusion in the concession agreement (PennDOT)
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