An examination of public-private partnerships
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Vrooman An Examination of Public-Private Partnerships Partnership Structure, Policy Marking, and Public Value 2012 Sislen
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AN EXAMINATION OF PUBLIC-PRIVATE PARTNERSHIPS: Partnership Structure, Policy Making, and Public Value by Elaine A.Vrooman Practicum Advisor: Dave Sislen A practicum thesis submitted to Johns Hopkins University in conformity with the requirements for the degree of Master of Science in Real Estate Washington, DC April, 2012 © 2012 Elaine A. Vrooman All Rights Reserved Table of Contents Executive Summary ………………………………………………………………………………… 1 Introduction …………………………………………………………………………………………. 2 What is a Public‐Private Partnership? …………………………………………………… 3 History of PPP in the United States ……………………………………………………….. 5 PPP Policies in the United States …………………………………………………………….. 9 PPP in Maryland, Washington, DC, and Virginia ……………………………………… 12 Types of PPP Structures ………………………………………………………………………… 14 Goals of Public‐Private Partnership ……………………………………………………….. 20 The Public Sector Goals ……………………………………………………………….. 21 The Private Sector Goals …………………………………………………………… 22 The Goals for the Public‐Private Partnership ……………………………. 22 Who’s at Stake? ‐ Stakeholders of PPP …………………………………………………… 23 Risk Transfer …………………………………………………………………………………………. 24 Value of Money for the Public Sector ………………………………………………….. 25 What do the Critics Say …………………………………………………………………………… 30 Case Studies ……………………………………………………………………………………………. University of Baltimore – Fitzgerald, Baltimore, MD ………………….. 33 Whitney Apartments/Bethesda Garage/Theater – Bethesda, MD . 38 Rhode Island Avenue Metro Station ………………………………………….. 43 Conclusion ……………………………………………………………………………………………… 48 Bibliography ……………………………………………………………………………………………. 54 Download 1.66 Mb. Do'stlaringiz bilan baham: 
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