Road Infrastructure Concession Practice In Europe
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Road Infrastructure Concession Practice In Europe
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Author : Franck Bousquet
language : en
Publisher: World Bank Publications
Release Date : 2001
Road Infrastructure Concession Practice In Europe written by Franck Bousquet and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Concessions categories.
Europe has a wealth of experience with motorway concessions and the issues associated with concession contracts and other infrastructure funding systems, toll charges and other parts to remuneration, and risk sharing between concession authorities and concession companies.
Road Infrastructure Concession Practice In Europe
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Author : Frank Bousquet
language : en
Publisher:
Release Date : 2016
Road Infrastructure Concession Practice In Europe written by Frank Bousquet and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Road Infrastructure Concession Practice In Europe
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Author : Franck Bousquet
language : en
Publisher:
Release Date : 1999
Road Infrastructure Concession Practice In Europe written by Franck Bousquet and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
September 2001 Europe has a wealth of experience with motorway concessions and the issues associated with concession contracts and other infrastructure funding systems, toll charges and other paths to remuneration, and risk sharing between concession authorities and concession companies. In a road infrastructure concession, a public authority grants specific rights to a private or semi-public company to construct, overhaul, maintain, and operate infrastructure for a given period. By contract, the public authority charges that company with making the investments needed to create the service at its own cost and to operate it at its own risk. The price paid to the company comes from the service's users, the public authority, or both. In 1999, out of roughly 51,000 kilometers of European motorways, about 17,000 kilometers (33 percent) were concessioned--16,400 kilometers by toll and 670 kilometers by shadow toll (design, build, finance, and operate arrangements). Of these, 73 percent are managed by the public sector and 27 percent by private companies. State-owned companies have been important in European motorway concessions. Systems vary among countries, for example, in how they share risks between the concession authority and the concession company. As the motorway network has grown denser, attributing commercial risk has become more difficult. Increasingly, public authorities must play a greater regulatory role. Already, bad experiences have made the private sector reluctant to bear the commercial risk. And the commercial risk is sometimes too great to be carried by the concession company alone. Commercial risk should be controlled by mechanisms incorporated in the contract, but control of the commercial risk must not eliminate incentives. In addition to safeguarding the community's interests, the public concession authority must increase citizen awareness about concession decisions, to ensure their social acceptability. Formulas for determining toll charges differ through Europe. So do criteria for selecting concession companies. In 1999, the main criteria used were these: * The amount of public subsidy required. * The credibility of the financial arrangements. * The project's technical quality. * The operating strategy and price policy. * The reputation of the concession company (whether it has a construction company among its shareholders, for example). The increasingly frequent use of private funding must be taken into account when defining the training required by personnel responsible for monitoring the concessions. This paper--a product of the Governance, Regulation, and Finance Division, World Bank Institute--is part of a larger effort in the institute to promote best practice in the regulation of privatized infrastructure. The authors may be contacted at fbousquet01@alumni.gsb.columbia.edu or alain.fayard@equipment.gouv.fr.
Procurement And Financing Of Motorways In Europe
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Author : Giorgio Ragazzi
language : en
Publisher: Elsevier
Release Date : 2005-12-02
Procurement And Financing Of Motorways In Europe written by Giorgio Ragazzi and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-12-02 with Transportation categories.
This volume raises many challenging and controversial issues surrounding motorway procurement and finance in Europe. A somewhat surprising outcome is that a general appraisal bias can be identified in the following sense: Experts from countries which have introduced concession schemes for managing and financing of their motorways are very critical of these schemes, stressing their shortcomings and caveats. Some even conclude that public management under a regime of welfare maximisation would be desirable as a sustainable option. Experts from countries which have been sticking to public procurement and tax finance of motorways strongly attack the inefficiency of public planning regimes and the general tendency to allocate the revenues from special transport related taxes to the public budget, eventually spending them on other purposes rather than transport. A typical feature of the latter regime seems to be the chronic lack of funds for infrastructure investment. Although a single ideal country concept for motorway procurement and finance obviously cannot be identified, every paper gives some insights into possible future improvements. Therefore, beyond the rich documentation of national solutions it is the perspective on workable future concepts which makes the book a valuable guide through the jungle of manifold options for public/private partnerships. This book is a selection of papers presented to the international conference "Highways: Costs and Regulation in Europe", held in Bergamo on the 26th - 27th of November 2004. The Conference was organised by the University of Bergamo, and sponsored by the European Investment Bank.
Financing European Transport Infrastructure
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Author : S. Farrell
language : en
Publisher: Springer
Release Date : 1999-02-08
Financing European Transport Infrastructure written by S. Farrell and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-02-08 with Business & Economics categories.
Financing European Transport Infrastructure examines organisational arrangements for planning and financing transport infrastructure in Western Europe. It covers all modes of transport - road, rail, sea, air, urban, and inland waterways - and asks why their financing arrangements are so different. It looks at the division of responsibilities between central and local government, and the growing role of autonomous public bodies, the European Commission and private finance. It examines the consequences of investment failing to keep up with demand - in congestion, environmental damage and slower growth - and the impact of new approaches, including public-private partnerships.
The Privatisation And Nationalisation Of European Roads
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Author : Daniel Albalate
language : en
Publisher: Edward Elgar Publishing
Release Date : 2014-05-30
The Privatisation And Nationalisation Of European Roads written by Daniel Albalate and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-30 with Business & Economics categories.
Presenting an evaluation of the critical elements of the contractual and regulatory design of the public-private collaboration that determines the likelihood of success and failure, this unique book will be of special interest to academics, graduate st
Ecmt Round Tables Tolls On Interurban Road Infrastructure An Economic Evaluation
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Author : European Conference of Ministers of Transport
language : en
Publisher: OECD Publishing
Release Date : 2002-07-15
Ecmt Round Tables Tolls On Interurban Road Infrastructure An Economic Evaluation written by European Conference of Ministers of Transport and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-07-15 with categories.
This Round Table provides a broad view of both the theoretical aspects of tolling and the practical problems posed by its introduction. It takes a scientific look at what is a burning issue, at a time when a number of countries are envisaging the widespread adoption of electronic tolls.
Transport Infrastructure Investment Options For Efficiency
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Author : International Transport Forum
language : en
Publisher: OECD Publishing
Release Date : 2008-02-14
Transport Infrastructure Investment Options For Efficiency written by International Transport Forum and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-02-14 with categories.
Examines key principles that should be considered by governments in deciding how to provide and pay for surface transport infrastructure, with a view to best serving societies’ needs and employing public resources.
Road Infrastructure In Europe
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Author : Martijn Brons
language : en
Publisher:
Release Date : 2022
Road Infrastructure In Europe written by Martijn Brons and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
Transport Infrastructure In Central And Eastern European Countries
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Author : European Conference of Ministers of Transport
language : en
Publisher: European Conference of Ministers of Transportaion
Release Date : 1995
Transport Infrastructure In Central And Eastern European Countries written by European Conference of Ministers of Transport and has been published by European Conference of Ministers of Transportaion this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Europe categories.