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Welcome. |
Upcoming meetings:
3/19/08 - First Coast Outer Beltway Scoring Committee
[View more info] |
What is a "PPP"?
Public-private partnerships" (PPP) refer to contractual agreements
formed between a public agency and private sector entity that allow
for greater private sector participation in the delivery of transportation.... [Click
here for a FULL definition] |
What's been updated on the site?
Update: 10/31/08
-(Timeline) Timeline has been updated [view]
Update: 4/29/08
-(Documents) April 29th News Release [view]
-(Documents) RFQ Addendum 6 [view]
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About this project:
The First Coast Outer Beltway is a proposed four-lane limited access toll facility that includes the St. Johns River Crossing Corridor in St. Johns and Clay Counties and the Branan Field-Chaffee Road (SR 23) project in Clay and Duval Counties.
The First Coast Outer Beltway will provide a connecting roadway, outside of the existing I-295 loop, between I-95 in St Johns County and I-10 in Duval County. A total of 13 new interchanges and a major bridge structure across the St. Johns River are also proposed. The total length of the proposed roadway is approximately 46.5 miles.
Learn about the Branan Field-Chaffee Road:
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Learn about the St. Johns River Crossing Corridor:
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What is a "PPP"?
The First Coast Outer Beltway is to be constructed using a
different financing method called a Public Private Partnership (PPP). The
Federal Highway Administration (FHWA) has defined a PPP as follows:
"Public-private partnerships" (PPP) refer to contractual agreements formed
between a public agency and private sector entity (private business) that allow
for greater participation by the private business in the building of
transportation projects.
In the past, private business participation has been limited to separate
planning, design or construction contracts where they are paid for their
services – based on the public agency’s requirements.
Expanding the private business role allows the public agencies to use private
business technical, management and financial resources in new ways to achieve
certain public agency objectives such as having a better understanding of cost
and schedule, having more staff to use on the project, using new ideas, having
staff with special talents and the use of private business dollars.
The private business can become more involved in return for assuming the new or
expanded responsibilities and risks.
Some of the primary reasons for public agencies to enter into public-private
partnerships include:
High priority projects can be finished faster ;
Use private business management talents for large and complex programs;
Use new ideas developed by private businesses;
Use private business experience to develop funding;
Provides an opportunity for private businesses to develop, own and operate roadways,
Public Agencies can use staff and resources from private businesses instead of having to hire more staff and need more funding.
In this [fhwa.dot.gov] website, the term “public-private-partnership” is used
for any action under which the private sector (private business) has a greater
role in the planning, financing, design, construction, operation, and
maintenance of a transportation facility compared to traditional procurement
methods.
If you'd like more information on a "PPP,"
please click here.
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