170 | Public-Private Partnerships in Urban Bus Systems
TABLE C.1, Continued STAKEHOLDER
OBJECTIVE
RESTRICTIONS
Informal transportation operators
Taxi operators
Incumbent operator 1
Incumbent operator 2
Incumbent operator 3
Bus manufacturers
Local infrastructure companies
International infrastructure companies
National transportation operators
International transportation operators
National banks
International banks
National investment funds
International investment funds
Source: World Bank.
By the end of the planning stage, a project structure should be conceptualized. The questions outlined in box C.1 can help to inform this process.
BOX C.1
Questions to ask when considering an urban bus public-private partnership Technical elements: Is this the most adequate solution to achieve the project’s objectives? • Is this project aligned with the mobility and land use strategy for the area? • Is there a clear diagnosis of the current service deficiencies? • Will the project reduce the generalized cost of travel for transportation users compared with the existing system (for example, by reducing transfer and waiting times at stations and stops)? • Are other expected outcomes clearly defined? • Is there a consensus among stakeholders on expectations from the project? • Does this project allow for future changes to the system (for example, does it allow for new bus routes or a metro line to be integrated into the system in the future)? • What technical alternatives are considered to deliver better results or similar results more effi-
• • • •
ciently? Is the proposed solution the best technical alternative? Is there a clear description of the components and technical features of the project? Is the project likely to attract required private sector skills locally or internationally? Are preliminary cost estimates aligned with local and international experience? Are the key stakeholders identified, including their objectives and restrictions? Are these consistent with the project?
Fiscal capacity: Can the public entity afford the project? • Are the proposed user fares consistent with local policy and context? Are transportation tariffs controlled? How are they updated? • Are the demand projections sound and credible, given the local context? continued