Public/Private Finance and Development: Methodology/Deal Structuring/Developer Solicitation Book

	About the Author	xi
	Preface	xiii
	Acknowledgments	xv
Chapter 1	Public/Private Development Partnerships and Other Methods to Realize Projects	1
	Definition	1
	Responsibility and Risk	1
	Types of Public Entities	2
	Applications of the Approach	4
	The Wide Variety of Building Types	5
	Public Partners	6
	The Three Basic Types of Public/Private Partnerships	6
	The Three Basic Project Delivery Concepts	8
	The Six Basic Ownership and Investment Scenarios	9
Chapter 2	Emergence of Public/Private Development Partnerships	13
	Core Reasons Behind the Growth of Public/Private Partnerships	13
	Benefits of Private/Public Partnerships	14
	Brief Overview of the History of Public/Private Partnerships	14
	Confluence of Trends Leading to the Increasing Use of the Public/Private Partnership Approach	16
Chapter 3	Advantages and Disadvantages of Public/Private Development Partnerships	19
	Advantages from the Perspective of the Public Partner	19
	Disadvantages from the Perspective of the Public Partner	23
	Advantages from the Perspective of the Private Partner	26
	Disadvantages from the Perspective of the Private Partner	29
	Summary	31
Chapter 4	A Highly Integrated Process Is Required to Achieve Successful Public/Private Development Partnerships	33
	Public Officials Should Control the Predevelopment Process	33
	The Highly Integrated and Multidisciplinary Public/Private Finance and Development Process	35
	The Steps of the Public/Private Finance and Development Process	37
	Summary	53
Chapter 5	The Role and Responsibilities of the Public Partners	55
	The Public Partner	55
	Summary	61
Chapter 6	Partnerships Can Be Customized to Meet the Objectives of Both Partners	63
	Project Participation	66
	Ownership of the Project	67
	Ownership, Investment, Development, and Operational Risks	67
	Responsibilities	67
	Economic Return	68
	Level of Control	68
	Implementation Schedule	68
	Advantages	69
Chapter 7	Structuring Public/Private Finance Plans	71
	The Stainback Five-Part Finance and Development Approach	71
	Summary	77
Chapter 8	The Developer Solicitation Process	79
	The Six Alternative Approaches to Solicit Interest from the Private Sector	79
Approach 1	The Three-Step RFI/RFQ/RFP Process	81
Approach 2	The Two-Step RFQ/RFP Process	82
	The RFQ Process Step by Step	83
	The Schedule to Complete the RFQ Stage	88
	The RFP Process	89
	A Step-by-Step Description of the RFP Process Using the Two-Step RFQ/RFP Process	92
Approach 3	The Single-Step RFP Process	108
Approach 4	The Prequalified Developer RFP Process	109
Approach 5	The Sole-Source Developer Technique	109
Approach 6	The RFQ/Negotiation Method	110
Chapter 9	The Precarious Future of Public/Private Development Partnerships	111
	The Future Could Be Very Bright, but There Are Potential Problems	113
	Current Problems That Are Hindering the Increasing Use of the Public/Private Partnership Approach	115
Chapter 10	Eight Case Studies	121
Case Study 1	The Oregon Arena (The Rose Garden), Portland, Oregon	123
Case Study 2	Oyster School/Henry Adams House, Washington, DC	129
Case Study 3	University of Pennsylvania's Sansom Commons Development, Philadelphia, Pennsylvania	137
Case Study 4	The VA Medical Center Complex, City of Medicine Center, Durham, North Carolina	144
Case Study 5	Rutgers State University, New Brunswick, New Jersey	151
Case Study 6	JFK International Airport, Terminal 4--International Air Building, Jamaica, New York	157
Case Study 7	U.S. Soldiers' and Airmen's Home, Washington, DC	164
Case Study 8	White Flint Metro Station, North Bethesda, Maryland	177
Appendix A	Developer Request for Qualifications	181
Appendix B	Phase II Developer Request for Proposals	227
Appendix C	Request for Qualifications for the Master Developer for the Finance, Design, and Development of the University X and the University Community	241
Appendix D	Request for Proposals--The James F. Oyster School Public/Private Development Partnerships	261
	Glossary	275
	Index	279