The National Academies

ACRP Synthesis 11-03/Topic S01-17 [Final (Synthesis)]

Attracting Investment at General Aviation Airports Through Public-Private Partnerships
[ ACRP 11-03 (Synthesis of Information Related to Airport Practices) ]

  Project Data
Funds: $45,000
Authorization to Begin Work: 2/1/2017 -- estimated
Staff Responsibility: Thomas J. Helms
Research Agency: Texas A&M Transportation Institute
Principal Investigator: Jeffrey D. Borowiec
Effective Date: 5/15/2017
Completion Date: 8/27/2019
Fiscal Year: 2017

In an era of declining resources and increasingly scrutinized public expenditures, private-sector involvement is and will likely need to continue to play a larger role to fill an ongoing and increasing gap between the existing infrastructure and the infrastructure that is needed. Airport Cooperative Research Program (ACRP) Synthesis 94: Attracting Investment at General Aviation Airports Through Public–Private Partnerships explore public–private partnerships (PPPs) at general aviation airports in the United States over the past five years. For the purpose of the synthesis, these PPPs are defined by the World Bank as long-term contracts between a private party and a government entity for providing a public asset or service, in which the private party bears significant risk and management responsibility, and remuneration is linked to performance.

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