exam midterm Flashcards
(48 cards)
the government hires a private company or entity to carry out one or more specified tasks or services for a period
Service Contracts
the government pays the private partner a predetermined fee for the service, which may be based on a one-time fee, unit cost, or other basis
Service Contracts
expands the services to be contracted out to include some or all of the management and operation of the public service
Management Contracts
the private partner is responsible for the service in its entirety and undertakes obligations relating to quality and service standards.
Lease Contracts
do not involve any sale of assets to the private sector.
Leases
Duration of contract is typically __ years, may be renewed up to __ years
10 & 20
Lease contract
the private partner provides the capital required to build the new facility.
Build-operate-transfer
kind of specialized concession in which a private firm or consortium finances and develops a new infrastructure project or a major component according to performance standards set by the government.
Build–Operate–Transfer and Similar Arrangements
where the developer constructs and
operates the facility without transferring ownership to the public sector.
Build–own–operate (BOO)
where the transfer to the public owner
takes place at the conclusion of construction rather than the end of the
contract.
Build–transfer–operate (BTO)
contract, ownership is never in private hands. Instead, a single contract is put out for the design, construction, and operation of the infrastructure project.
Design–build–operate (DBO)
approach, the responsibilities
for designing, building, financing, and operating are bundled together and
transferred to private sector partners
Design–build–finance–operate (DBFO)
The public sector is responsible for establishing performance standards and ensuring that the concessionaire meets them.
Concessions
The public sector is responsible for establishing performance standards and ensuring that the concessionaire meets them.
Concessions
The public sector’s role shifts from being the service provider to regulating the price and quality of service.
Concessions
The public sector’s role shifts from being the service provider to regulating the price and quality of service.
Concessions
A concession contract is typically valid for __-__ years so that the operator has sufficient time to recover the capital invested and earn an appropriate return over the life of the concession.
25–30years
Concessions
The concessionaire is responsible for any capital investments required to build, upgrade, or expand the system, and for financing those investments out of its resources and from the tariffs paid by the system users.
Concessions
It is planned and managed to accommodate the movement of aircraft around the airport as well as to and from the air.
AIRSIDE
primarily designed to facilitate the movement of passengers and luggage from the landside to aircraft on the airside.
airport terminal component
accommodates the movement of ground-based vehicles to and from the surrounding metropolitan area, as well as between the various buildings found on the airport property.
airport’s ground access
airport’s airfield component includes all the facilities located on the physical property of the airport to facilitate aircraft operations.
airport’s airfield
Are planned and managed to accommodate the movement of ground-based vehicles, passengers, and cargo.
LANDSIDE
Regulations regarding the management and planning of runway systems are some of the most comprehensive and strict in airport management.
Runways
