All Transport
Private Investment in Transport Infrastructure: Dealing with Uncertainty in Contracts
Research Report, Policy Insights,
21 June 2018
- Pursue private investment in infrastructure on the merits of improved efficiency.
- Invest more into upfront preparation of projects to reduce inefficient risk pricing by suppliers.
- Undertake a comprehensive analysis of how to assist suppliers.
- The pursuit of certainty in delivery should be balanced against cost.
- Stimulate innovation through early contractor involvement or alliancing, not public-private partnerships.
- Avoid transferring demand risk to public-private partnerships if service levels do not strongly impact demand.
- Bundle and cross-fund public-private partnerships to reduce demand risk.
- Adopt the regulatory asset base model where competition is absent or demand not strongly endogenous.
- Introduce a transparent public accounting standard to maximise the value for money of private investment.
- Foster competitive markets to achieve cost-effective infrastructure.
- Pursue data collection on how contract design affects project outcomes.
- Support the development of an evidence-supported procurement tool.
Blockchain and Beyond: Encoding 21st Century Transport
Corporate Partnership Board Report, Policy Insights,
16 May 2018
- Public authorities must prepare for a much more networked and meshed world.
- Take into account changes in data science and technology when developing Mobility as a Service.
- Look beyond initial cryptocurrency applications of distributed ledger technologies.
- Governments should help deploy the building blocks that enable wider uptake of distributed ledgers.
- Apply blockchain technology now for slow and (relatively) small transport use cases; anticipate next generation distributed ledger technologies for “big and fast” applications to be deployed later.
- Governments should develop algorithmic code-based regulation to accompany the uptake of distributed ledger technologies.
Integrating Urban Public Transport Systems and Cycling
Roundtable Report, Policy Insights,
25 April 2018
- Design interchange stations to provide secure, uncongested conditions for transfer by the shortest routes possible.
- Provide adequate bike parking areas at stations and stops.
- Integrate ticketing and information systems as well as the physical transport infrastructure.
- Establish integrated urban transport plans in consultation with stakeholders and the public.
Partenariats public-privé pour les infrastructures de transport
Roundtable Report, Policy Insights,
29 January 2018
- Ne renégocier les PPP que dans des cas exceptionnels.
- Faire appel à un arbitre indépendant pour établir si le résultat d’un PPP cadre avec ce que les parties auraient négocié si elles avaient prévu le changement intervenu.
- Envisager de charger une instance indépendante de statuer sur le bien-fondé de la renégociation d’un PPP.
- Inclure la réputation et la compétence avérée parmi les critères d’attribution des contrats de PPP.
- Comparer les avantages et inconvénients des PPP avec ceux des autres formes de participation des capitaux privés.
Data-Driven Transport Policy
Corporate Partnership Board Report, Policy Insights,
9 May 2016
- Data is being collected in ways that support new business models in transport but challenge existing regulation.
- Transport data is shifting to the private sector and away from the public sector.
- The shift of data ownership from the public to the private sector may ultimately imply a shift in control.
- Transport authorities should account for biases in the data they use and encourage use of adequate metadata.
- Mandatory private-public data sharing should be limited. Only where clear benefits to all parties exist and public authorities have capacity to handle the data should they be considered.
- Data sharing does not necessarily mean sharing raw data.
- Whatever data is collected and whoever holds it, dats should be an integral part of more flexible regulation of emerging transport services.
Ten Stylised Facts About Household Spending on Transport
Statistics Brief, Policy Insights,
1 January 2011
- Housing, transport and food are the main household budgetary drivers.
- Share of transport on total household spending has remained relatively constant over time.
- The share of transport in household expenditure increases with welfare.
- The main driver of household spending is the ownership (and use) of cars.
- Increased spending on transport by richer households is mainly directed to cars.
- Transport spending structure and level changes dramatically only for households with the oldest consumers.
- Unemployed and retired spend least on transport – but still rely on cars.
- Bigger families spend more on transport (and use of car).
- Degree of urbanisation has only a small impact on transport spending shares in rich countries.
- Transport spending is rapidly increasing in China.