Federal Highway Administration (FHWA) – Resilience: Policy and Guidance

DBFO Concession Agreement for design, build and financing of improvements to Sea-to-Sky Highway in BC, Canada. The Concession is for 16 years. The DBFO Contractor is paid Total Performanc Payments (based on Availability Payment, Vehicle Usage payment and Performance Incentives). DBFO Contractor is not to charge tolls/ user charges. Click on Project Schedules for other key documents.

The growing interest and experience in using public-private partnerships (PPPs) to expedite transportation infrastructure projects in the United States has followed the efforts by transportation agencies in other countries to address funding shortages to meet urgent transportation expansion and replacement needs by engaging the private sector to a greater extent than in the past.  This document provides guidelines for transportation agencies in the U.S. on institutional issues and strategies for developing, implementing, and managing PPP contractual

Highway privatisations around the world have been completed using concession contracts, often in the form of Build, Operate, Transfer (BOT) projects (2003). Successful BOT projects require the proper allocation of risks among the project’s stakeholders. Whereas some risks — such as construction, operational or legal risk — are clearly controllable by some stakeholders, traffic risk can not be controlled by any of them. As a result, allocating traffic risk is one of the greatest challenges in designing highway concession contracts.

Agreement Synopsis, Context and Review

Short summary in English: Long term service provision contract for the urban improvement and integral maintenance of Circuito Interior Bicentenario, a periphery road for Mexico City. The payment is done in a monthly basis for each month in which the service is effectively provided (availability payment). Financial closing does not exempt the provider of fulfilling Phase 1 (Road Rehabilitation) obligations; however, an alternate source of payment (collateral/warranty) is needed for the execution of Phase 2. Term: from November 29, 2013 to December 31, 2025.

Summary in English:  Roadway around the periphery of Sao Paolo city, primarily for transport of goods and cargo from the interior of the country to the port of Santos. The project is divided in several subsections. Each section is bided separately and finances the construction the next phase.

Innovative Finance Brochure published in 2002 by U.S. Department of Transportation, Federal Highway Administration (FHWA) (Publication No. FHWA-AD-02-006)

The Project Finance Primer 2010 is an update to the Innovative Finance Brochure 2002. 

The Zagreb-Macelj toll road project. The government provided in-kind support in the form of land and contingent debt drawn down whenever revenues were insufficient to cover debt service. Thus, lenders were protected, but the risk remained with the equity holders. 

This Act defines the conditions for the preparations for the construction of toll motorways, the terms for awarding concessions and for the conclusion of contracts for the construction and operation of toll motorways, referred to hereinafter as "motorways," and designates the responsible bodies.