Evaluating and Implementing Airport Privatization and Public-Private Partnerships (2021) / Chapter Skim
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Pages 13-15
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From page 13... ...
13 Understanding the State of Practice The state of practice for airport P3s in the United States is a dichotomy. On the one hand, interest in P3s is seemingly at a peak based on the numerous and aggressive bidders on recent procurements, strong attendance and focus at industry conferences, and the interest of several major foreign airport operators and developers seeking to enter the U.S.
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From page 14... ...
14 Evaluating and Implementing Airport Privatization and Public-Private Partnerships State of Practice: Alternative Project Delivery in the Airport Context Airport decision-makers are charged with the responsibility to select the project delivery model best suited to their airport's needs, shepherd projects from procurement through completion, and ensure that the project delivery method delivers the intended schedule, budget, and performance outcomes. Public agencies require an expanded skillset to meet the complexity of P3 project delivery.
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From page 15... ...
Understanding the State of Practice 15 project delivery methods, private finance, and/or include operation/maintenance requirements. Project delivery methods include DBF, DBOM, and privatization (lease or sale)
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