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Measuring the value for money of transport infrastructure procurement: an intergenerational approach

Author
Penyalver, D.; Turro, M.; Williamson, J.
Type of activity
Journal article
Journal
Transportation research. Part A, Policy and practice
Date of publication
2019-01
Volume
119
First page
238
Last page
254
DOI
https://doi.org/10.1016/j.tra.2018.11.013 Open in new window
URL
https://www.sciencedirect.com/science/article/pii/S0965856418304737 Open in new window
Abstract
Cost-benefit analysis is essential for decision-making in connection with major transport projects and integrated investment programmes. Projects of transport infrastructure have traditionally been publicly promoted and managed, but funded through both public and private sources. While budget allocations are always somehow present, the financing of the project may involve private participation, including user fees and loans of various types. Actually, management models involving private actors h...

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