Private Sector Can Shoulder Some of the Risk for New Road Construction

By Giovanna da Silva The 21st century has seen a substantial increase in public-private partnerships in the United States and around the world. The basic principle behind public-private partnerships, or P3s, is that government works with the private sector in order to build and finance public works projects. P3s have been increasingly encouraged by state … Continue reading Private Sector Can Shoulder Some of the Risk for New Road Construction

Private Toll Roads: A Case Study of Tallahassee’s Orchard Pond Parkway

By Giovanna da Silva Florida boasts the highest number of toll roads in the country. Until last April, state and local governments owned and operated all of Florida toll roads. Tallahassee’s Orchard Pond Parkway challenged this precedent, however, opening to the general public in 2017 and becoming the first privately constructed and operated toll road … Continue reading Private Toll Roads: A Case Study of Tallahassee’s Orchard Pond Parkway