• DOI:10.1080/01441640500415243
Corpus ID: 154776891

Highway Robbery? A Financial Analysis of Design, Build, Finance and Operate (DBFO) in UK Roads

@article{Shaoul2006HighwayRA,
  title={Highway Robbery? A Financial Analysis of Design, Build, Finance and Operate (DBFO) in UK Roads},
  author={J. Shaoul and A. Stafford and P. Stapleton},
  journal={Transport Reviews},
  year={2006},
  volume={26},
  pages={257 - 274}
}

J. Shaoul, A. Stafford, P. Stapleton

Published 2006

Economics

Transport Reviews

Abstract The ex‐post facto cost of using private finance in roads is examined using a case study approach. The paper focuses on the first eight design, build, finance and operate (DBFO) roads commissioned by the UK Government’s Highways Agency and paid for through a system of shadow tolls. It carries out a financial analysis of the publicly available accounting information from the Highways Agency and its private sector partners for the first 6 years since the start of the 30‐year schemes in… CONTINUE READING

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