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This work puts project delivery, finance, and operation together in a practical formulation of how both public and private owners can better manage their entire collection of infrastructure facilities. The book traces the history of infrastructure development and finance in the United States, and meticulously ties America’s historical success in infrastructure to the simultaneous use of Design-Bid-Build, Design-Build, Design-Build-Operate, and Design-Build-Finance-Operate to deliver both public and private infrastructure collections. This historical background provides the basis for a new, integrated strategy for managing infrastructure assets in the 21st century. The book aims to provide the logic and practical tools that public and private decision-makers need to make better strategic choices in the application of scarce resources to infrastructure facilities. New tools are presented that permit simple comparisons of different project delivery and finance strategies. Practical approaches are provided that allow owners to quickly compare capital programme alternatives for entire collections of infrastructure facilities. Practical legislative strategies for organizing the delivery of public infrastructure are presented and described. It provides a practical framework that owners can apply to implement a competitive infrastructure strategy and a principled framework that private sector firms can use to effectively reposition themselves in this changing market.
