The Virginia Department of Transportation (VDOT)'s commitment to public-private partnerships can be seen in the new opening for a Public Private Transportation Act (PPTA) Program officer. This position is part of the new Administration's efforts to re-invigorate the PPTA program by developing a comprehensive, programmatic approach to its public-private partnerships procurement process.
As described in the full job description, this position will focus on providing "multi-modal solutions to Virginia's transportation challenges by providing strategic leadership for the reorganization and improvement of project delivery for solicited and unsolicited proposals from private corporations to finance and build major highway, rail, ports and public transportation projects."
VDOT also explains that the objective of their Public Private Transportation Act (PPTA) Program, enacted in 1995, "is to facilitate access to additional project financing, private sector innovation, enhanced timeliness of construction and improved efficiency at a reduced whole-life cost."
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