Exploring a New Approach to Infrastructure Investments
Public Private Partnerships (PPPs) are binding agreements between the public and private sectors that allow a private entity to assume significant control of, and risk for, multiple elements of an infrastructure project. While at least 23 states, including Indiana, have passed legislation enabling PPPs for designated projects, Illinois is not one of them. By advocating for PPPs, particularly for new public assets such as enhanced transit, MPC is working to keep Illinois competitive: PPPs can offer considerable cost savings and shortened delivery time, while effectively allocating risk to the private sector.
Articles
MPC in Springfield: Solutions for a strong economy-
- Good policy doesn’t have to be expensive – in fact, it can lead to cost savings – and MPC’s 2010 Springfield legislative agenda is proof. This session, MPC is advocating for several bills that would improve state policies related to water supply planning, pedestrian safety,…
- MPC's response to 'Privatize Illinois' tollways? Voters say no'
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- Update: This letter to the editor ran in the Chicago Tribune on Feb. 9.
The Jan. 26 cover story, “Privatize Illinois tollways? Voters say no,” identified several important issues related to privatizing existing public assets. While private operators may raise tolls, a fair lease…
Why privatize?-
- This letter ran in the Chicago Tribune on Nov. 23, 2009, in response to the Nov. 16 article, "Leasing water system could be a risky move for Chicago."
The most important question to ask about privatizing public assets is, “Why?”
Yes, public-private partnerships have potential to…
Cabinet secretaries discuss federal reforms to support metro regions at record-breaking MPC Annual Luncheon-
MPC's 2009 Annual Luncheon featured a conversation with officials from the U.S. Dept. of Housing and Urban Development, U.S. Dept. of Transportation, and U.S. Environmental Protection Agency about their new Sustainable Communities Partnership, and Chicago's role as a laboratory for change.
Reinventing public investment for a greener Chicago region-
The final installment of the MPC-CAF summer discussion series, "Reinventing Public Investment," focused on opportunities for more environmentally and economically sustainable energy, drinking water, and wastewater policies.
Multimedia
Public Private Partnerships for Transportation Act
SB 3482: Providing authority to enter into public-private agreements for transportation investment-
- Publication
- (45 KB)
- February 19, 2010
- The Public-Private Partnerships (PPP) for Transportation Act will promote the sound development and operation of transportation facilities in Illinois, by authorizing public-private partnerships for the construction of new transportation infrastructure projects and lease of existing infrastructure…
- Public Private Partnerships for Transportation Act
SB 3482: Providing authority to enter into public-private agreements for transportation investment
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- Publication
- (45 KB)
- February 19, 2010
- The Public-Private Partnerships (PPP) for Transportation Act will promote the sound development and operation of transportation facilities in Illinois, by authorizing public-private partnerships for the construction of new transportation infrastructure projects and lease of existing infrastructure…
- Pay the Freight: Rail Infrastructure Investments in Canada and U.S.
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- At this event, U.S. Rep Tom Petri (R-Wis.), member of the House Transportation and Infrastructure Committee, and Assistant Deputy Minister, Policy for Transport Canada, Ms. Kristine Burr, discussed Canada’s $2 billion investment in freight rail infrastructure using public-private partnerships…
- Rebuilding and Renewing America: Infrastructure Choices in the Great Lakes Megaregion
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- Listen to a series of audio recordings from this Nov. 17, 2008, symposium, organized by MPC and New York’s Regional Plan Association, through which attendees began to identify and prioritize strategic investments in transportation, water, and energy to be included in a national infrastructure…
Putting Illinois Back on the Map-
- Publication
- (2 MB)
- May 1, 2008
- MPC's recommendations in this May 2008 report offered a package of policy and revenue recommendations with one common goal: to improve Chicago’s transportation network to ensure the region’s continued economic growth. Without new and progressive transportation policies and sufficient…
