Transportation officials are eager for states to take the lead in using public-private partnerships (P3), but they seek clarity and leadership from the federal government on the future of transportation in general. A recent upsurge in major P3 deals has encouraged global firms regarding U.S. opportunities, but uncertainty over federal transportation legislation overshadows the optimism.
In Washington, D.C., a keynote speech by U.S. Secretary of Transportation Ray LaHood at the American Road & Transportation Builders Association’s (ARTBA) P3 conference on July 22-23 did little to quell doubts. He said a highway user fee and a gas tax increase are “off the table.” Noting the rocky political climate, he said, “We’re going to need everyone’s help to get a bill passed.”