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100 _aJonas, Andrew
_944665
245 _aThe global infrastructure public-private partnership and the extra-territorial politics of collective provision: The case of regional rail transit in Denver, USA
260 _bSage
_c2019
300 _aVol 56, Issue 7, 2019 : (1426-1447 p.)
520 _aDrawing upon a case study of regional transit in Denver, Colorado, this article describes and accounts for the emergence of the global infrastructure public-private partnership (GIP3) as a novel extra-territorial mechanism for financing and delivering transportation infrastructure projects across large metropolitan regions in the United States (US). Unlike traditional locally-funded public-private partnerships, a GIP3 involves a global (i.e. extra-territorial) consortium of private sector construction firms and investors which enters into a long-term contract with a regional public agency to finance, operate, maintain and deliver strategic investments in transportation infrastructure. In 2004, Denver region voters approved a sales tax increase to fund the Denver Regional Transportation District (RTD)’s US$4.7 billion FasTracks programme, a 122-mile extension of light and commuter rail along six corridors. Faced with a shortfall in regional funding, the Denver RTD subsequently entered into a contract with a GIP3 consortium to finance and deliver the Eagle P3 project, a major component of the FasTracks system to Denver International Airport. The article argues that future research on GIP3 contractual agreements needs to consider the local control of infrastructure assets and the integrity of supporting regional collaborative governance arrangements.
650 _acollective provision
_934301
650 _apublic-private partnerships
_944671
650 _ainfrastructure finance
_944672
700 _aGoetz, Andrew
_938457
700 _aBrady, R Sylvia
_944673
773 0 _011188
_915499
_dsage, 2019.
_tUrban studies
856 _uhttps://doi.org/10.1177/0042098018811506
942 _2ddc
_cART