Toll Road Update

A number of US states that do not currently authorize significant private sector involvement in road projects are considering public-private partnerships for the development or operation of toll roads.

While some of these states are focusing on creating the necessary legislative and regulatory framework for private or public-private road projects, others are starting with an attractive project and working their way back to the necessary legislation.

Of course, whether you start with a framework or with a project, one of the key ingredients for jump starting any public-private partnership — or PPP — program is political support and, in a handful of states, recent gubernatorial elections brought in governors who support the use of PPPs to help solve their states’ transportation problems.