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Unbundling tolls from contracts: a new road PPP model

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  • Juli�n Sierra Tamayo
  • Jose Manuel Vassallo
  • María de los Ángeles Baeza

Abstract

Considerable evidence from different countries has revealed important shortcomings in most road public-private partnership (PPP) models. In this paper a new PPP model is presented that overcomes some of the problems found in PPP road contracts. The new model is based on separating user tolls from the fees paid to PPP contractors and setting up new institutional arrangements to oversee PPPs.

Suggested Citation

  • Juli�n Sierra Tamayo & Jose Manuel Vassallo & María de los Ángeles Baeza, 2014. "Unbundling tolls from contracts: a new road PPP model," Public Money & Management, Taylor & Francis Journals, vol. 34(6), pages 447-451, November.
    • Handle: RePEc:taf:pubmmg:v:34:y:2014:i:6:p:447-451
    DOI: 10.1080/09540962.2014.962373
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    References listed on IDEAS

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    Cited by:

    1. Alejandro Ortega & Maria de los Angeles Baeza & Jose Manuel Vassallo, 2016. "Contractual PPPs for Transport Infrastructure in Spain: Lessons from the Economic Recession," Transport Reviews, Taylor & Francis Journals, vol. 36(2), pages 187-206, March.

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