“This study has been commissioned by the Washington State Legislature’s Joint Transportation Committee (JTC) in order to assess if, why, and how public-private partnerships (P3s) can potentially benefit the State in relation to the delivery and operation of its transportation infrastructure. Its focus has been both general, providing tools and strategic guidelines for the State in relation to the potential use, benefits, and barriers to P3; and specific, through the assessment of five candidate projects that are currently in the State’s Transportation Plan.
Throughout the study, the Consultant Team has facilitated a two-way educational process with legislators and other stakeholders, in order to broaden understanding of P3s, and solicit the level of input required for this study to be relevant and useful to the State and its taxpayers. Our sincere intent is that this report will accurately document the conduct, lessons learned, and objectivity of the study, and its key findings. While there must always be debate about if, how, and when to utilize P3 delivery, it is the intent of this study to afford its participants and the readers of this report with a more finely tuned way of doing so in the future.”