A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
America’s Emerging Public/Private Infrastructure Strategy
Chapter Summary One CLIENT infrastructure strategy is required that accommodates both public and private methods of project financing, as well as all the methods of project delivery. No single delivery method is ideologically supreme. Projects, cash flows, capital sources, and technologies need to be configured together using viable delivery methods that explore alternative combinations of the strategic variables in a coordinated search for technical, financial, and political stability. There is no longer any room for blind ideology to one particular delivery method, since it is the mix of technology, engineering, architecture, construction, and finance that keeps innovation alive in both public and private infrastructure collections. In constrained financial environments, the goal of both public and private CLIENTS is to improve the quality and cost performance of an entire portfolio, either to conserve resources for other uses or to expand the quality and scope of infrastructure service. Two hundred years of experience in the United States confirms the difficulties that are ultimately presented to CLIENTS, shareholders, citizens when just one delivery method is anointed, and all others excluded.1 The mix of delivery and finance options provides a variety of interdependent incentives for both the public and private sectors to better understand infrastructure needs and to structure more efficient and higher quality means to meet the unending demand for infrastructure.
America’s Emerging Public/Private Infrastructure Strategy
Chapter Summary One CLIENT infrastructure strategy is required that accommodates both public and private methods of project financing, as well as all the methods of project delivery. No single delivery method is ideologically supreme. Projects, cash flows, capital sources, and technologies need to be configured together using viable delivery methods that explore alternative combinations of the strategic variables in a coordinated search for technical, financial, and political stability. There is no longer any room for blind ideology to one particular delivery method, since it is the mix of technology, engineering, architecture, construction, and finance that keeps innovation alive in both public and private infrastructure collections. In constrained financial environments, the goal of both public and private CLIENTS is to improve the quality and cost performance of an entire portfolio, either to conserve resources for other uses or to expand the quality and scope of infrastructure service. Two hundred years of experience in the United States confirms the difficulties that are ultimately presented to CLIENTS, shareholders, citizens when just one delivery method is anointed, and all others excluded.1 The mix of delivery and finance options provides a variety of interdependent incentives for both the public and private sectors to better understand infrastructure needs and to structure more efficient and higher quality means to meet the unending demand for infrastructure.
America’s Emerging Public/Private Infrastructure Strategy
Miller, John B. (author)
2000-01-01
20 pages
Article/Chapter (Book)
Electronic Resource
English
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