Category: Seminars and Conferences
State: Archived
31 May 2022 at 12,00 am

DIGEP Seminar - An Overview of Public-Private Partnership (P3) for Delivery of Transportation Infrastructure Projects in the United States

Sala DIGEP B - Politecnico di Torino - Corso Duca degli Abruzzi 24

State Departments of Transportation (state DOTs) in the United States seek private investments to leverage their shrinking financial resources and fulfill their growing funding shortfalls. The private sector can provide innovative ideas through establishing effective public-private partnership (P3) contracts for design, construction, and operations of major transportation infrastructure assets in the U.S.
Decisions to involve the private sector in financing, developing, and operating transportation mega projects vary from state to state in several aspects. This research talk aims to capture the underpinnings of P3 and private financing as utilized by state DOTs in development of transportation mega projects.

This research talk will summarize:

  • critical success factors in procurement of P3 projects and evaluation of financial qualifications of P3 teams;
  • recommended improve- ment areas to enhance the adoption of the P3 model in the U.S. considering experience from inter- national best practices;
  • required organizational and institutional skills for stakeholder man- agement and performance measurement for P3 transportation infrastructure projects.

The lecture will conclude with a few remarks regarding the promising role the P3 model can play in developing resilient and sustainable infrastructure systems.

Biography:

Baabak Ashuri
is Professor in the School of Building Construction and the School of Civil & Environmental Engineering at Georgia Tech where he directs the Economics of the Sustainable Built Environment (ESBE) Lab. His work has focused on quantitative methods and systems engineering management with important contributions in the areas of infrastructure finance, risk analysis, construction analytics, innovative project delivery and alternative contracting methods, and public-private partnership (P3). Doctor Ashuri’s energy and initiative are reflected in the breadth of his publications (202 combined refereed journal articles, peer-reviewed conference papers, and research reports), funding support (58 projects worth over $14 million), and advisement and mentorship (including 18 Ph.D. and 14 M.S. students, and 25 undergraduate and 6 postdoctoral researchers). Doctor Ashuri has received several awards, including CII Outstanding Early Career Researcher, ASCE Thomas Fitch Rowland, DBIA Distinguished Leadership, and AASHTO High Value Research “Sweet Sixteen”. Doctor Ashuri holds a Ph.D. in Industrial & Systems Engineering, a M.S. in Operations Research, and a M.S. in Construction Management, all from Georgia Tech, and a B.S. in Civil Engineering from Sharif University.