Transportation

Transportation

Transportation

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State-of-the-Art Tibar Bay Port Brings Largest Ever Private Investment to Timor-Leste

A greenfield container port in a region with significant biodiversity, including mangrove and coral habitats of protected species). The early E&S studies led to a change in site location within…

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A review of road maintenance by the South African National Roads Agency

In South Africa, a review of road maintenance by the South African National Roads Agency indicates that delaying road maintenance for three years leads to increased costs of six times…

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Risk Allocation in Toll Highway Concessions in Spain

The objective of this study is threefold. First, the consequences of the economic recession that struck Spain beginning in 2008 on the outcome of the concession contracts are assessed. Second, the…

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Maintaining roads: Experience with output-based contracts in Argentina

This paper examines the Argentine government's usage of output-based contracts with the private sector for rehabilitation and maintenance has responded to this challenge in its non-concessioned…

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Pulkovo Airport

The Project is to expand, develop, operate and maintain Pulkovo airport in St. Petersburg, Russian Federation. In order to modernize the airport and address capacity constraints, the City decided to…

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Saudi Arabia : Hajj Airport Terminal

The millions of religious pilgrims who visit Makkah and Madinah every year are experiencing better quality services at the Hajj Terminal at Jeddah’s King Abdulaziz InternationalAirport as a…

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Renegotiation of Transportation Public-Private Partnerships

Public-private partnerships (P3s) typically rely on long-term contracts between participants. When conditions arise that fall outside the expectations embodied in the contract, one party may seek to…

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How (In)accurate are demand forecasts in public works projects? the case of transportation

This study of 210 transport projects in 14 countries finds that traffic was over-estimated for nine out of ten rail projects, by an average of 106 percent. The accuracy of traffic forecasts also…

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Private Financing of Toll Roads

This study provides an overview of the issues and challenges related to private toll road development by considering the experience of eight privately financed toll road projects. The projects…

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RAILPAG: Railway Project Appraisal Guidelines

The RAILPAG (Railway Project Appraisal Guidelines) aim at providing a common framework for the appraisal of railway projects across the EU. They are the result of a similar harmonisation exercise as…

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Tolling Principles

Highway tolls can provide a new, stable and dedicated source of funding of highway infrastructure. By applying the ‘user pays’ principle, governments can direct scarce budget resources elsewhere and…

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Infrastructure Finance: Traffic Risk in Start-Up Toll Facilities

The publication of this study reflects the continued commitment of the European Infrastructure Financing Ratings team to coverage of the highway sector. It is intended to enhance our enviable…

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Traffic Forecasting Risk Study Update 2005: Through Ramp-Up and Beyond

Traffic Forecasting Risk Study Update 2005: Through Ramp-Up And Beyond. Since 2002, Standard & Poor's has been compiling data on toll road traffic forecasting performance, comparing…

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Disincentivising Overbidding for Toll Road Concessions

This study focuses on the phenomenon of overbidding for toll road concessions. Overbidding refers to bidding beyond an asset’s worth, typically in the transport sector through the submission of over-…

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Trucking: A Performance Assessment Framework for Policymakers

There is a global need to better understand the inner workings of trucking markets and how these relate to performance. Despite the critical role that trucking plays as a dominant mode in most…

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Soporte Institucional y Técnico a la Autoridad de Transporte Urbano de Lima – El Callao (ATU)

Institutional and Technical Support to the Urban Transport Authority of Lima – El Callao (ATU)

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Life-Cycle Cost Analysis for Management of Highway Assets

Life-Cycle Cost Analysis for Management of Highway Assets documents the state of the practice of life-cycle cost analysis (LCCA) and risk-based analysis into state highway agencies' asset management…

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Case Studies: Liefkenshoekspoorverbinding Liefkenshoek Rail Link

State budgetary constrains are considered as the basic reason the Belgian Federal State chose the PPP model (Raemdonck, 2015). Another reason was the desire to have more detailed specifications…

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PortMiami Tunnel: The New Standard in Transportation Infrastructure

PortMiami is one of the most important economic centers in the United States. Not only is it the top seaport in Florida, it is the 11th largest cargo port in the nation. Miami is widely considered…

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Guide to Model Port legislation

The purpose of this guide is to establish the basic legal provisions, which currently requires the port sector and related services to ensure legal certainty and private investment, by means of…

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Revenue Risk Sharing for Highway Public-Private Partnership Concessions

This discussion paper was developed for transportation professionals who may be involved in a Public-Private Partnership (P3) concession project. P3 concessions are an integrated service delivery…